The Citizenship by investment Unit (CIU) of St.Kitts & Nevis has approved the first public benefit option (PBO) project under the CBI program in 2023. Investors applying for SKN citizenship will now have an exclusive opportunity to invest in local TV & film production industry. Those investing at least USD 400,000 in film and movie production will now be eligible…
The Government of Grenada has published its report on the applications received for Grenada citizenship by investment program for Q1 2023. Highest number of applications were received for the month of march and the real estate applications overtakes the NTF donation fund which shows real estate is the most popular investment option for citizenship investors. Grenada has very good five…
The Grenada Citizenship by Investment Unit has announced moving to paperless processing of CBI applications, according to the Circular No. 4 of June 1, 2023 signed by Thomas Anthony, New CEO of the CBI Unit. The Grenada Citizenship by Investment Unit has moved to a paperless environment as part of the Government’s expenditure efficiency programme which encourages operations through electronic…
Due diligence process ensures only highly qualified applicants and their family members are admitted into citizenship by investment. It is the core of CBI, protecting the integrity of schemes from abuse preventing criminals, terrorists, traffickers, frauds and those skirting international sanctions. Due diligence for CBI is conducted by licensed agents, citizenship by investment units (CIUs) and third-party service providers. Governments…
Portugal is ending golden visa program by in one or two months parliamentary discussions are underway to vote on a legislation to terminate this scheme to avoid a severe housing crisis with rising costs of properties along with EU pressure to phase out all citizenship and residence schemes. It is still possible to submit Golden Visa applications before the legislation…
The Government of Canada has announced Electronic Travel Authorization (eTA) eligibility for three caribbean visa-required countries based on certain conditions to travel to Canada only by AIR relaxing the visa requirements. Eligible Countries Antigua and Barbuda Saint Kitts and Nevis Saint Lucia eTA Conditions To apply for ETA, you must hold the passport from any one of the above countries…
The Saint Lucia Citizenship by Investment Programme became the youngest citizenship programme launched in 2015 within the region , with the first citizenship programme in the caribbean having been established over 35 years ago. The Citizenship by Investment Unit registered sharp increase in citizenship applications during 2021/22. The CIP program of Saint Lucia has grown stronger and stronger every year…
The Government of Saint Kitts and Nevis (GOSKN) will be ending the Limited Time Offer (LTO) for citizenship by investment program effective from Jun 30, 2023. This special government discount will run for six months and investors can benefit from USD 25,000 discount for all applications under Sustainable Growth fund(SGF) donation option. Real estate investors for citizenship are not eligible…
As the Golden Visa program in Portugal is nearing its end after more than ten years of running, it will remain active until at least mid-June, and potentially early July for submission of applications. On April 14th, the Government released the new law proposal. It states, unambiguously, that Golden Visa applications submitted now and until the new law is enacted…
Explore the distinct challenges that shape the Citizenship for Investment industry. Learn why CBI programs have shelf life and present limited opportunity to future investors.