In this globalised era, citizenship planning and acquisition of dual & multiple citizenship is becoming more important than ever. We, with our global team of specialists, ensure that you & your family are presented with the citizenship programs that best suit your individual, business & family circumstances.
We advise investors on acquisition of luxury & investment real-estate in different Caribbean, Mediterranean & European countries. This also includes advise on tax-related aspects of the property. We also advise developers on the acquisition of land and subsequent development of luxury resorts in countries with a citizenship or residence by investment program.
Our group comprises of citizenship specialists, international lawyers, property advisers, developers, and we work in close co-ordination to advise our clients on the right citizenship or residence program and the real-estate investment that best suits their needs.
Antigua and Barbuda
St. Kitts and Nevis
United States of America
Antigua and Barbuda
Overview: Antigua and Barbuda is an independent Commonwealth twin-island state in the Eastern Caribbean, located between the Caribbean Sea and the Atlantic Ocean.
It consists of two major inhabited islands, Antigua and Barbuda, and a number of smaller islands.With some 365 beaches of clean turquoise waters, the lush tropical islands of Antigua and Barbuda are an inviting paradise and considered to be one of the most beautiful places in the world.
Antigua and Barbuda is a member of the United Nations, the British Commonwealth, Caricom and the Organisation of American States (OAS) among many other international organisations.
The currency is Eastern Caribbean Dollar which is pegged to the US Dollar at the rate of EC$2.70 to US$1.
It is a constitutional monarchy with a British-style parliamentary system. English is the official language.
Tourism dominates the national economy and is the most important source of foreign exchange and foreign direct investment in Antigua and Barbuda.
Investment banking and financial services also make up an important part of the economy.
The literacy rate is over 95% reflecting a consistent focus on investment in education.
Residents of Antigua and Barbuda benefit from no capital gains tax or estate taxes. Antigua and Barbuda has a Common Law system based on the UK model.
Holders of the Antigua and Barbuda passport enjoy visa free travel to approximately 130 countries, including Singapore, Hong Kong, the U.K. and the countries of the Schengen area.
Citizenship by Investment Program:
The Citizenship by Investment Program (CIP) was established in April 2013.
The Citizenship by Investment Unit (CIU) is the government agency responsible for handling all applications related to the citizenship by investment program.
These provisions allow the government to operate a program under which citizenship is granted to persons who qualify under criteria set by parliamentary decision.
The Citizenship by Investment Program (CIP) requires a person to make a significant economic contribution to the Country. In exchange, and subject to stringent application procedures, including thorough background checks, the applicants and their families are granted citizenship. To qualify for citizenship, the primary applicant must be over 18 years of age, meet the application requirements and select one of the following three investment options;
All the three investment options are subject to government processing and due diligence fees.
The program allows for a dependent child between the ages of 18 to 25 years to be included in the same application if the dependent is a full time student at a recognised higher learning institution and is financially dependent on the main applicant.
The program also allows for parents and grandparents over the age of 65 of the main applicant or his or her spouse to be included in the same application, if the parent/s and grandparent/s are living with and are fully supported by the main applicant.
Under each of these options, there are government processing fee. For details on the processing fees, please contact us.
Due Diligence Fees: All applications are subject to rigorous due diligence to ensure that only meritorious applicants are granted citizenship of Antigua and Barbuda.
The due diligence fee is charged for each family member above the age of 11 years.
Due diligence fees for the principal applicant and spouse is USD 7,500. For dependent children aged 12-17, the fees is USD 2,000 per child and for dependent children aged 18-25, the fees is USD 4,000. Due Diligence fees for the dependent parent, above the age of 65, is USD 4,000.
Passport Fee: Each applicant is required to pay a passport fee of USD 300.
All the approved applicants are required to spend a minimum of 5 days during the first five calendar years after having obtained citizenship.
For complete details about the citizenship by investment program of Antigua and Barbuda, the official website of the CIU may be accessed via this link http://cip.gov.ag/
St Kitts and Nevis:
St. Kitts and Nevis forms part of the group of islands known as the Lesser Antilles in Caribbean, located some 2,000 Km to the southeast of Miami. The Federation comprises of two islands, Nevis and St. Kitts.
The official and business language is English.
St. Christopher (St. Kitts) and Nevis is a Member of the United Nations (UN), the Organization of the American States (OAS), the British Commonwealth, Caricom and many other organizations.
The Eastern Caribbean Central Bank has its headquarters on St. Kitts. The currency is a strong Eastern Caribbean Dollar (EC$) which has been pegged to the US dollar.
The Citizenship Program of St. Christopher (St. Kitts) and Nevis was established in 1984, which makes this the longest established Citizenship-by-Investment Program. Regulations regarding Citizenship-byInvestment Program are contained in Part II, Section 3 (5) of the Citizenship Act, 1984.
To qualify for citizenship of St. Kitts & Nevis, the Government requires either an investment in an approved real-estate project with a value of at least US$ 400,000, or a contribution to the Sugar Industry Diversification Foundation (SIDF; a public charity) starting from US$ 250,000 (for a single applicant).
A third-option, the Hurricane Relief Fund (HRF) valid until March 30th, 2018, has also been introduced. The details of these options are as mentioned below:
1- Hurricane Relief Fund:
A contribution (donation) of USD 150,000 for a single applicant up to a family of four. For each additional dependent, an extra contribution of USD 25,000 applies regardless of age.
2- Sugar Industry Diversification Foundation (SIDF):
a) A single applicant is required to make a contribution of USD 250,000.
b) An applicant with up to three dependents is required to make a contribution of USD 300,000
c) An extra contribution of USD 25,000 is required for each additional dependent, regardless of age
3- Real Estate Investment:
Applicants may qualify for citizenship through an investment in a pre-approved real estate project, which may include hotel shares, villas, and condominium units. The minimum real estate investment required by law is US$400,000 for each main applicant. The investment is to be kept for a minimum period of five (5) years.
With the real-estate option, government fees of US$ 50,000 for a single applicant plus US$ 25,000 for each dependant under 18, and USD 50,000 for dependent children above 18 and dependent parent above 55 apply, in addition to the property purchase.
The average processing time is currently 4 to 6 months.
With all the options, due diligence fees in the amount of US$ 7,500 for the main applicant and US$ 4,000 per dependant age 16 or older apply. There are certain conditions, which must be met. Please contact us for further information.
The St. Kitts and Nevis passport is well regarded and, as of now, the St. Kitts and Nevis citizens enjoy a passport allowing visa-free travel to approximately 130 countries and territories including the UK, EU (Schengen States).
For more details on the citizenship by investment program of St. Kitts and Nevis, the official website of the CIU may be accessed via think link http://www.ciu.gov.kn/