The Cabinet of St.Kitts Government has amended the Saint Christopher and Nevis Citizenship by Investment Regulations, 2023 which has been published in the gazette and came into effect on Feb 9, 2023. The following rules must be followed when submitting applications to the Citizenship unit. Application Submission CBI applications shall be made on the forms contained in Schedule I to…
The Sustainable Growth Fund (SGF) launched on 29 March 2018 under the St.Kitts and citizenship by investment program to replace the Hurricane relief fund (HRF). Foreign investors qualify for St Kitts citizenship under the SGF fund by paying one time contribution starting from US$150,000. The Government of Saint Kitts and Nevis has published Citizenship by investment (Amendment 2) 2018 Regulations in Official Gazette…
After ten years of running a successful golden visa program for investments, Portugal has announced closure of golden visa program for real estate investments effective from Oct 7, 2023 after the decree signed president. The Golden visa program will remain open for all other investment routes, for example investment funds, capital transfer, artistic and cultural production, job creation etc.. Applications…
The Vanuatu Government has introduced Investment Government Bonds Option (IGBO) issued in Australian dollars (AUD) as the third investment option for the citizenship by investment scheme to make Vanuatu CBI more competitive among other countries. The Amendments to the Citizenship act (Investment government bond regulation – Order 44 of 2023) were gazetted on March 27, 2023. According to the order,…
Discover list of banking jurisdictions providing a veil of bank secrecy, where financial institutions protect client confidentiality under privacy laws.
The Citizenship by Investment Program of St.Kitts and Nevis admits only highly qualified applicants and applicants to apply for CBI program. The Regulations governing who can apply, are clearly specified in the Saint Christopher and Nevis Citizenship Act 1984. Each application is carefully scrutinized by the CIU Unit on case by basis and being subjected to several layers of security…
.The Withholding tax, defined as tax on income imposed at source such as on dividends, interests and royalties, prevents situations of double non-taxation. The EU withholding tax is only levied on individuals (within EU) and not on companies, trusts, foundations, investment funds etc. Hungary and Malta are pure tax havens in EU when it comes to withholding tax exemption. For…
The Caribbean countries currently offer official discounts to investors and their families applying for citizenship by investment schemes. These limited time offers announced by governments provide a huge savings for single or family applications. As of 2023, there 9 CBI schemes running in Europe and Caribbean. No price cuts or offers are available for CBI programs in Europe. St.Kitts &…
The Antigua & Barbuda Citizenship by investment program offers quickest path to families of six or more members. There is actually no limit on how many people can apply, infact siblings, children, parents and grandparents can apply under one family application. Antigua and Barbuda through the University of West Indies Donation Fund (UWI) offers the cheapest citizenship option among all…
The Commonwealth of Dominica allows all citizens who live in and out of the country to vote in national elections. There is no clear evidence CBI citizens could possibly take part in electoral processes either through voting or running for office or establishing their own political party. Dominica elects on national level a legislature. The House of Assembly has 32…