The majority of people electing to invest in Citizenship by Investment (CBI) programmes do so either to gain a second passport with greater visa-free travel opportunities or to secure a stable future for themselves and their families.
Dominica has once again emerged as the world’s top Citizenship by Investment (CBI) Programme for the fourth year in a row. It will now be adding biometric passports to its already comprehensive CBI due diligence strategy.
With the advent of COVID-19, global economic activity is at somewhat of a standstill to take an aggressive stance to slow the spread of the disease. This, in turn, has had a widespread effect on how, when and why investors spend their money.
When it comes to choosing a destination for second citizenship, speed is often a primary concern. One of the fundamental merits of citizenship by investment is that it provides an expeditious route to citizenship, usually without the need to fulfil onerous residence requirements beforehand. For the time-poor investor, the shorter the turnaround time, the better.
As the world gently blinks open its eyes following months of global lockdown, people are becoming aware of the value of having a second passport to afford them the opportunity of a haven away from dense cities, with the bonus of being able to travel freely worldwide.
When deciding where to apply for second citizenship, many factors come to mind – location, the standard of living, time to citizenship, and more. For those who can afford it, citizenship by investment often presents itself as an ideal solution. It promises citizenship of a beautiful, safe country shortly after the making of a qualifying investment.
One silver lining of the 2020 COVID-19 pandemic has been the realisation that family unity and safety is fundamental. One way to ensure this is by investing in a second citizenship that enables families to come together in a single, healthy, and protected location. Not all Citizenship by Investment destinations, however, will let you apply for citizenship with your entire family. Which ones are most family-friendly, and which are restrictive?
Singing, dancing, music and colourful processions all feature significantly in any Independence Day merriments across the world. Add a splash of colour and a group of high-spirited revellers, and you have the makings of a righteous nationwide party, and no one does it better than the Caribbean country of St Kitts and Nevis.
The spectacular Caribbean islands of St Kitts and Nevis have hidden depths beyond its popular sandy beaches. They are ripe with opportunities for investors and their families. One of them tells the Financial Times’ Professional Wealth Management magazine how he plans on capitalising on the Federation’s strengths, such as the potential for medical tourism. The Canadian investor says that the country’s Citizenship by Investment Programme provides economic stimulus for the islands to the end benefit of the native population.
