Citizenship

The Saint Lucia National Economic Fund

The Saint Lucia National Economic Fund

The National Economic Fund (NEF) allows for the contribution of financial resources which directly impacts to the socio-economic development of the country and people of Saint Lucia. This special Saint Lucian National Economic Fund, setup to accommodate all investment amounts being made to the National Economic Fund under the citizenship by investment programme. The administration and governance of the Fund…

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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 live in diaspora. The CBI…

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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 done on every applicant and…

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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 Member State legislative, policy or…

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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 global travel footprint without visa…

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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.  Citizenship is a new modern…

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