Saint Lucia has made changes to CBI legislation under Citizenship by Investment Amendment (Act 12) of 2019. The changes has been approved and published in the Saint Lucia official gazette of the government. By passing these amendments, St Lucia has simplified citizenship by investment rules for dependants, making it competitive with other CIP’s in the caribbean. Among the most important…
The Council of Ministers made a decision to increase the prices of Cyprus citizenship investment scheme from €2m by €150,000 which came into effect from May 15, 2019. CIP applicants are required to contribute €150,000 for Research/Innovation and Housing development of Cyprus (€75K for research and €75K for housing). Donations had to be made Research and Innovation Foundation and…
Acquisition of Citizenship by fraud is a major concern in many countries and laws have been enacted to strip or take away citizenship from such individuals who commit fraud by for concealment, misrepresentation or presenting fake documents. Loss of citizenship can result in statelessness unless dual nationals. These are the countries that have laws to nullify citizenship based…
The St Kitts and Nevis CBI programme enters its 35th year in 2019 and it remains one of the best citizenship by investment (CBI) in the world. Birthplace The Twin island of Federation of St Kitts and Nevis is widely known as the birthplace of citizenship by investment which started in 1984. St Kitts with just a population of 55,000 is…
Rich Caribbean countries have been a magnet attracting HNWI and millionaires., Cayman and British virgin islands, US Virgin islands are the top richest and wealthiest islands in the Caribbean as of 2022, according to the GDP per capita data from Worldbank. GDP per Capita GDP per capita is often considered a good indicator of the standard of living of a…
UK offers tier1 investor visas for HNW individuals for work or study against a minimum investment of GBP 2 million. The entry clearance is granted for maximum of 3 years and 4 months, which can be further extended for another two years with right to settlement and later citizenship. apply to settle after 2 years if you invest £10 million…
Biometric passports (epassports) are third generation passport technology that contains a chip storing digital data of fingerprints, personal data, iris, blood type etc. All EU member states use latest biometric passports which are issued to their citizens. These are the costs for issuing biometric passports in EU countries Austria First introduced since 16 June 2006 Adult passport…
Naturalization is an act of acquiring citizenship by migrants in a foreign country after legally living certain number of years, paying taxes, speaking language and fully integrating to culture. The rules of naturalization vary from country to country but typically include a promise to obeying and upholding that country’s laws. Naturalization laws in some countries require renouncing previous citizenship. While…
Dual citizens are citizens of more than one country. The Dual citizenship is widely accepted by many 80% of countries in the World in America, Europe while in Asia and Africa it is less tolerant. Dual nationality laws vary by country are quite complicated in terms of birth, marriage, naturalization and for children. The level of restriction depends on country’s…
Many of you might be aware Portugal offers golden visa for 350,000€ in real estate, which remains the most popular real estate route, only few heard about Government bond option of portuguese golden visa. Portugal does offer golden visa for buying government debt under the capital transfer option requires equal to or above €1m euros. It is possible to buy…
