LONDON, Feb. 16, 2021 /PRNewswire/ — After unprecedented demand, the Cabinet of the Federation of St Kitts and Nevis has approved the extension of a limited time offer under its Citizenship by Investment Programme. The limited time offer launched last year and was initially anticipated to last only six months. Now, due to popularity, it has been extended. The Programme, […]
LONDON, Aug. 24, 2020 /PRNewswire/ — The government of the Commonwealth of Dominica announced last week that it has approved the 213 properties it needs to acquire in order to build the island’s first international airport. The government had been saving US$5 million every month over the past few years from the Citizenship by Investment (CBI) Programme specifically for the construction of the […]
LONDON, May 14, 2020 /PRNewswire/ — Today, the Commonwealth of Dominica stands as the best country to get Citizenship by Investment (CBI) from, according to an independent study published by a Financial Times magazine. Established in 1993, Dominica’s CBI Programme has won foreign investors’ trust over 27 years. It relies on its long experience, leading with timely application processing, strong due diligence, stability […]
LONDON, Aug. 13, 2019 /PRNewswire/ — The Caribbean islands of St Kitts and Nevis have been attracting foreign investors seeking second citizenship for 35 years in exchange for their contribution. This gave the country considerable funds to develop the islands and sustain a fifth of its GDP. During a recent radio interview, the Prime Minister of St Kitts and Nevis announced that the Federal Government […]
Basseterre – Harbor and Market from Ship LONDON, July 19, 2019 /PRNewswire/ — Under the new Poverty Alleviation Programme, St Kitts and Nevis has been providing 7% of its population with a monthly stipend using funds from its successful Citizenship by Investment (CBI) Programme. During a recent press conference, Prime Minister Timothy Harris revealed that the programme had already distributed EC$13.6 million (≈US$5 million) […]
LONDON, July 5, 2019 /PRNewswire/ — The process of obtaining economic citizenship of the Commonwealth of Dominica is straightforward and has been praised for its simplicity and effectiveness in several publications, including Professional Wealth Management’s CBI Index, which evaluates and ranks all of the world’s active citizenship by investment jurisdictions. Uncomplicated processing, however, should not be confused with a lack […]
LONDON, June 25, 2019 /PRNewswire/ — During an event hosted in St Kitts and Nevis last week, an Ernst & Young (EY) tax specialist reiterated the importance of grasping the difference between citizenship and tax residency – a mistake still commonly made by journalists and lawmakers unfamiliar with the concept of citizenship by investment (CBI). Wade George, Tax Managing Partner […]
At the moment there is a growing urgency for many South Africans to want to diversify and invest in offshore property to secure a Plan B; as the property investment offers an insurance against political instability and economic risk. Europe is by far still the preferred property investment destination as not only does the EU […]
ROSEAU, Commonwealth of Dominica, September 28, 2017 /PRNewswire/ — Owing to the rigorous processes that have been established over years of refinement, the Unit has had minimal disturbance to the processing of applications, and continues to provide the product that has been widely acclaimed as the world’s best citizenship by investment programme. Prime Minister of Dominica, Dr Roosevelt Skerrit, has […]
MONTREAL, June 2, 2017 /PRNewswire/ – Arton Capital has been appointed to study and evaluate Armenia’s potential to develop and market an immigrant investor program, following an invitation from the International Centre for Migration Policy Development. The ICMPD seeks to promote innovative and sustainable migration policies around the world. The initiative comes as a series of […]
As migration and inequality continue to get significant attention from US presidential candidates, it is worth noting a rising phenomenon at the intersection of these two topics: economic citizenship. A growing number of countries offer individuals passports in return for investment, and the wealthy have been taking advantage in increasing numbers. In 2014, the global rich spent […]
Caribbean nations have long served as tax havens for the world’s economic elite, with many offering so-called economic citizenship where, for large payments, one can simply buy citizenship in their countries. That can save the 1 percent a pretty penny. Overseas tax evasion costs the U.S. government as much as $100 billion each year. But […]