Citizenship by Investment for 2021
The 2020 pandemic has caused panic worldwide and has drastically changed the way people interact, travel and do business. Many people who never considered getting a second passport have found themselves looking for a plan B passport as a security measure to have in their back pocket. Many Caribbean islands that offer citizenship by investment have minimal, or no covid cases and people are out and about enjoying their lives instead of being on lock-down in a city.
Citizenship by Investment options includes; Antigua & Barbuda, Grenada, St.Lucia, St.Kitts & Nevis and Dominica. In JH Marlin’s experience, the two most popular programs that investors seek out are St.Kitts & Nevis and St.Lucia. St.Kitts & Nevis is recognized as a family-friendly option whereas St.Lucia is often sought out for investors looking for a more affordable option.
Saint Kitts & Nevis Citizenship by Investment
Saint Kitts & Nevis Citizenship by Investment (CBI) program has been in operation since 1984, making it the longest CBI program. The country has been running a lower price promotion for families of 4 or less who can obtain citizenship for US$150,000 donation under the Sustainable Growth Fund with additional due diligence and legal fees.
Benefits:
- St.Kitts passport allows visa-free travel to over 140+ countries.
- Easy to obtain visas
- Visa-Free List include Schengen Region and other major countries.
- Dual Nationality Permitted under the Laws of Saint Christopher and Nevis
- Citizenship is for life.
- No requirement to reside or visit St.Kitts & Nevis
- Passport and citizenship can be obtained in approximately 3 months — 6 months
- Tax Neutral jurisdiction (No personal income tax!)
- Stable economy
- Spouse, children, siblings and elderly parents can obtain St Kitts & Nevis Citizenship.
- Citizenship can be available to future generations via descent.
- International Schools & Universities
- Safe & peaceful place to live
St.Lucia Citizenship by Investment
Saint Lucia National Economic Fund is a special fund established under Section 33 of the Citizenship by Investment Act and investors can make a donation to the country starting at US$100,000 with additional due diligence and legal fees. It is a popular option for single applicants. Saint Lucia also recently introduced the COVID-19 Relief Bond: Minimum investment US $250,000. The creation of this special COVID-19 Relief Bond starting at USD 250,000 is a non-interest-bearing government bond to which no processing fee is payable by the applicant. The bond must be registered and remain in the name of the applicant from the date of first issue.
Benefits:
- Cost: St Lucia citizenship is one of the most affordable options
- Speed: The processing time for St.Lucia citizenship is similar to other CBI programs
- Mobility: Saint Lucian citizens had visa-free or visa on arrival access to over one hundred and forty-five (145) countries.
- Quality of Life : St.Lucians enjoy a high quality of life with great restaurants, hotels, and activities for family members of all ages.
- Weather: The average temperature is between 25–27 degrees year-round and the country is rich in vegetation.
For more information about the different citizenship by investment options, you can get in touch with JH Marlin Law, a law firm specialising in citizenship by investment. We can help guide you through the process and provide details about the differences in the different programs.
Jennifer Harding-Marlin / Attorney / jhmarlin.com / jennifer@jhmarlin.com /#citizenshipbyinvestment #immigrationlawfirm #residencybyinvestment #secondpassport
