Author: Best Citizenships

  • Grenada CBI Annual Report 2022

    Grenada CBI Annual Report 2022

    Grenada’s citizen by investment scheme (GCBI) was launched in 2015 under the Citizenship by Investment Act No 15 of 2013. The Ministry of Finance of Government of Grenada publishes quarterly reports of the citizenship by investment program making it a transparent to public. As of 2022, Grenada approved  more than 4,600 new citizens under the CBI through investing, most of them…

  • Saint Lucia CIP Due diligence (4 Layers)

    Saint Lucia CIP Due diligence (4 Layers)

    The Saint Lucia Citizenship by Investment Programme has a rigorous due diligence process which entails engaging law enforcement and third-party due diligence firms. Upon receipt of feedback from law enforcement and due diligence firms, a decision is made on the application. The St.Lucia Citizenship by Investment Regulations mandate that a due diligence background check is…

  • Investment Citizenship and Residence Programs in the EU

    Investment Citizenship and Residence Programs in the EU

    The European Union (EU) has become the most popular destination for wealthy foreigners seeking citizenship and permanent residence in exchange for investments. As of 2022, about 17 EU countries collectively actively operate investment residence schemes and 1 country for investment citizenship to foreigners. What is Investment Citizenship? Investor citizenship schemes can be defined as a…

  • Top Reasons for Rejection of Citizenship By Investment Applications

    Top Reasons for Rejection of Citizenship By Investment Applications

    We tell our clients to be very careful and disclose all facts to the agent when filing application for CBI programs. You have to remember that Citizenship by investment schemes have more strict background checks compared to residency programs (golden visas). This is a very important subject cannot be ignored by clients applying for CBI…

  • Latest on Golden Visas and CBI Programs

    Latest on Golden Visas and CBI Programs

    We provide you quick summary of latest updates with golden visa and citizenship by investment programs. Take a look below.. Here are the some quick summary of the latest news in 2023 Montenegro CBI program is closed effective from Jan 1, 2023 St.Kitts & Nevis introduced key changes to CBI. Prices increased to USD 250,000…

  • What is a Plan B passport?

    What is a Plan B passport?

    A Plan B passport is a backup passport used for emergency travel situations. It comes into play if you have lost your primary passport or cannot use it. The second passport is your proof of identity for dual citizenship in another country. The more the passports in your collection more the benefit of expanding your…

  • Wealth & Citizenship are Two Sides of a Same Coin

    Wealth & Citizenship are Two Sides of a Same Coin

    Wealth and citizenship go hand in hand, synonymous and inseparable like two faces of the same coin.  What exactly is the connection between wealth and citizenship? Citizenship is important strategy for wealth protection, at the same time many world nations provide red carpet welcome for economic investments from wealthy individuals, offering a direct citizenship path. …

  • Does Turkey require military service from investors?

    Does Turkey require military service from investors?

    Turkey is one of those countries in the world with obligatory military service. In Turkey, compulsory military service applies to all male citizens from 21 years of age. Under Turkish law, Turkish men up to the age of 45 are required to perform military service even if they live outside Türkiye or have dual citizenship.…

  • Dominica CBI Update: Siblings not eligible

    Dominica CBI Update: Siblings not eligible

    The Dominica Government has implemented important changes with addition of dependents and family members to the CBI program come into force on the 15th September, 2022. Among the most important changes, siblings do not qualify for Dominica and parents/grandparents age limit increased to 65 years for to be included in the family application. The age…

  • St.Lucia extends CIP bond deadline

    St.Lucia extends CIP bond deadline

    Effective from Jan 1, 2023, The CIP Saint Lucia Unit will be extending CIP government bonds. A new type of bond “National Action Bond” investment will be introduced replacing covid relief bonds The St.Lucia Government has announced that the deadline for covid bond applications for citizenship will not be extended past the cutoff date Dec…