Tag Archives: Citizenship by Investment

The Sustainable Growth Fund for Investors Seeking Second Citizenship Shows Promising Results

12 Aug
Second Citizenship for Sunset in St. Kitts

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 […]

7% of St Kitts and Nevis’ Population Receives a Monthly Stipend from Citizenship by Investment Revenue

19 Jul
St Kitts and Nevis

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) […]

Dominica Citizenship by Investment: An Applicant’s Milestones

04 Jul
Dominica

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 […]

EY Highlight Difference Between Citizenship by Investment and Tax Residency

24 Jun
resort-curacao-caribbean-vacation-tropical-travel

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 […]

“Business as Usual”: Citizenship by Investment Unit Continues Processing Applications for Citizenship Despite Island’s Challenges

27 Sep
Citizenship by Investment

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 […]

Armenia commits to significantly boosting foreign direct investments

02 Jun
Armenia commits to significantly boosting foreign direct investments

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 […]

The $2 Billion Market For Passports

27 Mar
market for passports

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 […]

Elite Lawyers now Selling Caribbean Tax Haven as Havens from Terror, Too

23 Dec
St. Kitts - Caribbean

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 […]

Prime Minister of Dominica Welcomes Property Developers and Promoters to use the Country’s Citizenship by Investment Programme for Development Purposes

10 Nov
Caribbean reef squid (Sepioteuthis sepioidea) on Bari Reef, Bonaire, BES Islands - Citizenship by Investment

HONG KONG, November 10, 2015 /PRNewswire/ — The Honourable Roosevelt Skerrit, Prime Minister of Dominica, said that genuine project developers and promoters are welcome in his country, with his Government ready to give them all the support they need to produce sustainable and worthwhile projects that increase economic activity and create jobs. “We are acutely […]