Citizenship by investment (CBI) programs allow individuals to obtain citizenship in a country by making a substantial investment in the country’s economy. There are several countries around the world that offer CBI programs, each with its own unique set of requirements, costs, and benefits. Here are some of the most popular CBI programs: St. Kitts […]
Citizenship by investment is becoming a major trend among high net worth individuals throughout the globe MIAMI, FLORIDA, December 15, 2021 /EINPresswire.com/ — The ability to obtain a second passport through investing in a nation’s economy opens various doors and opportunities for investors, while simultaneously enabling smaller countries like Grenada to develop their economic landscape. […]
As St. Kitts & Nevis imposes no income, wealth, estate and capital gains taxes, It is seeing record numbers of wealthy applicants for its citizenship. CHARLOTTE, NORTH CAROLINA, UNITED STATES, November 21, 2021 /EINPresswire.com/ — The number of Americans who gave up their citizenship in 2020 hit record numbers, increasing a whopping 260% on 2019, […]
LONDON, Sept. 15, 2021 /PRNewswire/ — The construction of the second cruise pier at Port Zante in St Kitts is now complete and ready for operation. The multi-million-dollar project was financed via various local and international sources, of which US$5 million came from the country’s Citizenship by Investment (CBI) Programme. According to Tuffida Stewart, the Acting Chief Executive Officer of the St Christopher Air […]
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 […]