Many Indians who have worked hard and are financially secure realise that today’s most lucrative and prestigious investment is in a second citizenship. Second citizenship can unlock unprecedented opportunities like the ability to reach a high level of freedom, safety and quality of life that are hard to achieve by other means.
This month, CS Global Partners’ Inga Wellings spoke about the benefits of citizenship by investment and why the Caribbean is the citizenship by investment destination of choice for discerning Indian investors on a panel discussion moderated by the International Real Estate Expo (IREX) Citizenship and Residency Conclave.
Citizenship by investment is a concept that originated in the Caribbean in 1984 which has gained increasing recognition in recent years. Vetted investors worldwide turn to the programme as a solution to their business and mobility needs.
There are many aspects of Caribbean citizenship by investment programmes that favour applicants, said Wellings. “[Citizenship by investment] is offering you amazing beaches and amazing weather with amazing landscapes and diverse cultures. It is an extremely attractive location for owning a home in the Caribbean or to retire.”
She also specified second citizenship’s different wealth protection aspects like protection against currency fluctuations, favourable tax regimes, and expanding into new markets.
When sharing the provisions of the CBI programmes in the Caribbean, she said, “neither Dominica and St Kitts and Nevis require applicants to reside in or travel to the country either before or after obtaining citizenship.”
“This significantly reduces the burden for busy investors,” she added.
Successful citizenship by investment programme applicants can:
Moreover, Caribbean Citizenship by Investment programmes generally do not require applicants to travel to or reside in the nation before or after the process. “It is all done remotely,” said Wellings.
Citizens or future citizens of Dominica or St Kitts and Nevis do not need to pass business experience or language knowledge tests either. Applicants only have to be above 18 years of age, have good character, present a clean criminal record, and be financially stable. “It cannot be any simpler than that,” Wellings added.
“Both [CBI programmes] have stood the test of time. Our potential applicants know that they are acquiring a quality product that has been recognised internationally for many, many years.”
“It is an amazing opportunity, and more and more wealthy individuals are looking to diversifying their residence and citizenship portfolio. Caribbean countries are one of those stepping stones for anybody who just wants to travel and find an amazing place for their family to stay.”
In a video presentation, CS Global Partners’ legal assistant, Natasha Jones, gave a detailing the full citizenship by investment application process in Dominica and St Kitts and Nevis.
Watch the video below to learn the five simple steps to attaining second citizenship in the Caribbean:
If you want to learn more about the acquisition of Caribbean citizenship, please contact CS Global Partners. CS Global Partners is a legal advisory that helps individuals and their families chose the best option for second citizenship that best fits our clients’ business, safety, and travel needs.