Citizenship By Investment is a great economic choice for investors. Many CBI countries have favourable tax regimes, offering tax benefits such as no capital gains tax or low personal income tax.
Business opportunities abound for people who gain a second citizenship. Entrepreneurs and businessmen and women will enjoy the opportunities that CBI offers, in its access to global markets and favourable tax regimes.
Travel is made easier, too by CBI. For truly global citizens who want to explore the world, its cultures and economic opportunities, CBI is a great option that will open many doors.
For people looking to retire in style, CBI offers great retirement destinations, too. Countries such as St Kitts and Nevis and Dominica are beautiful with a lush natural environment, offering retirees the chance to retire in a beautiful area.
The safety and low crime rate of these countries also allows for greater business confidence, along with a more peaceful and relaxing retirement.
The prosperity and high quality of life offered by these countries is an enticing option for applicants and their families seeking security and economic opportunity.
Benefit for CBI countries
Choosing a CBI programme in countries such as St Kitts and Nevis and Dominica also allows prospective economic citizens to feel good about their investment.
As Small Island Developing States (SIDs), Dominica and St Kitts and Nevis have to be innovative in planning for the future, a future that will be affected by climate change and climate-induced natural disasters.
CBI gives them the funds and support to plan for future risks and to capitalise on future opportunities. CBI also aids social and infrastructural welfare of these states.
In Dominica, CBI funds go to the country’s ambitious mission to become the world’s first climate-resilient nation. As part of this mission, CBI helps build and reinforce climate-resilient infrastructure, build climate-resilient homes, and invest in green energy.
With CBI funds, Dominica is currently building a geothermal power plant along with an international airport, new bridges and new roads to supplement its growing ecotourism industry. This all contributes to the country’s continued economic diversification.
The country’s varied and enticing ecotourism offering led to its status as the first country in the world to be benchmarked by Green Globe. Green Globe sets high standards in its certification system of countries offering sustainable ecotourism.
Dominica also offers multiple natural parks, four and five-star ecohotels, and protected marine parks. The Morne Trois Pitons National Park is particularly of note as an UNESCO World Heritage Site.
In St Kitts and Nevis, CBI funds go to funding sustainability initiatives and economic development. CBI funds have allowed for renewable energy investment, along with investment in economic diversification.
For example, CBI helped the country establish a new Department of Creative Economy, which will empower people in the creative to continue developing their talents. CBI is also going to St Kitts and Nevis’s future generations through funding schools and educational initiatives.
The energy transition away from fossil fuels is being helped along via CBI funds, too. From solar panel installation to further energy diversification to geothermal and wind power, CBI is being used to encourage green energy.
CBI also helps to reinforce infrastructure and give back to future generations through improving schools, hospitals, and other social welfare offerings. The National Sport Policy, also funded with CBI, is helping future generations through encouraging health outcomes and physical fitness for young people.
