NEWS
ICOs in Nevis
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The use of cryptocurrencies and initial coin offerings are becoming more and more common and raise different regulatory, legal and public policy issues. It is important to receive proper legal advice to ensure compliance with the laws of Saint Christopher and Nevis. In Nevis there has been no published ICO reference guide and there has been no legislation yet passed regulating cryptocurrencies. While it may be that legislation regulating ICOs will be passed in the future, it will likely take some time as the benefits and problems associated with blockchain technology and the use of cryptocurrencies are still unknown.
Some of the key legislation that may apply to a Nevis ICO are as follows:
- Money Services Business Act
- Eastern Caribbean Securities Act
- Payment Systems Act
- Electronic Transactions Act
- Anti-Money Laundering Regulations
- Anti-Terrorism Regulations
- Anti-Terrorism Act
Nevis head of Foreign affairs announced in mid 2018 that the country of St.Kitts & Nevis intends to embrace blockchain and cryptocurrency businesses and wishes to attract such business. The country will be hosting cryptocurrency exchanges in 2019.
One of the most difficult aspects of launching an ICO in any country is opening a bank account and opening an account in a timely manner. Many banks around the world are reluctant to take on cryptocurrency businesses. As ICOs are a relatively new concept, many jurisdictions have yet to enact legislation and government’s have been reluctant to take a position on their regulation. It is important to seek proper legal advice to ensure that your ICO complies with the laws of Saint Christopher and Nevis.
JH Marlin Law can provide a regulatory overview of cryptocurrencies in St.Christopher & Nevis and the Caribbean, can assist with the establishment of a Nevis Legal Entity, Opening a Bank Account, Review of the White Paper, review of the terms of any Pre-sale, IP Transfer Agreements/Third Party Agreements/ Public Sale and provide an overall health check of your cryptocurrency related business.
For more information contact: jennifer@jhmarlin.com
The use of cryptocurrencies and initial coin offerings are becoming more and more common and raise different regulatory, legal and public policy issues. It is important to receive proper legal advice to ensure compliance with the laws of Saint Christopher and Nevis. In Nevis there has been no published ICO reference guide and there has been no legislation yet passed regulating cryptocurrencies. While it may be that legislation regulating ICOs will be passed in the future, it will likely take some time as the benefits and problems associated with blockchain technology and the use of cryptocurrencies are still unknown.
Some of the key legislation that may apply to a Nevis ICO are as follows:
- Money Services Business Act
- Eastern Caribbean Securities Act
- Payment Systems Act
- Electronic Transactions Act
- Anti-Money Laundering Regulations
- Anti-Terrorism Regulations
- Anti-Terrorism Act
Nevis head of Foreign affairs announced in mid 2018 that the country of St.Kitts & Nevis intends to embrace blockchain and cryptocurrency businesses and wishes to attract such business. The country will be hosting cryptocurrency exchanges in 2019.
One of the most difficult aspects of launching an ICO in any country is opening a bank account and opening an account in a timely manner. Many banks around the world are reluctant to take on cryptocurrency businesses. As ICOs are a relatively new concept, many jurisdictions have yet to enact legislation and government’s have been reluctant to take a position on their regulation. It is important to seek proper legal advice to ensure that your ICO complies with the laws of Saint Christopher and Nevis.
JH Marlin Law can provide a regulatory overview of cryptocurrencies in St.Christopher & Nevis and the Caribbean, can assist with the establishment of a Nevis Legal Entity, Opening a Bank Account, Review of the White Paper, review of the terms of any Pre-sale, IP Transfer Agreements/Third Party Agreements/ Public Sale and provide an overall health check of your cryptocurrency related business.
For more information contact: jennifer@jhmarlin.com
Dominica Citizenship by Investment
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Dominica Citizenship by Investment was the second citizenship by investment programme to be introduced to the Caribbean and has been in operation since 1993. The Government of Dominica recognizes the importance of the Dominica Citizenship by Investment programme and is dedicated to ensuring that the programme continues to be of high quality in order to attract foreign direct investment. Investment contributions for citizenship are used to help the local economy.
There are many benefits to Dominica Citizenship by Investment which include; living in a peaceful country, global mobility with visa free access to over 120 countries which includes the European Union, Singapore, Hong Kong and the United Kingdom, minimal tax (no gift, wealth, inherit, capital gains tax), dual citizenship is permitted, no requirement to reside in Dominica, access to markets duty free in the Caribbean.
There are different pathways to obtain a passport from Dominica. One way to obtain Dominica Citizenship by Investment is to make a donation to the Economic Diversification Fund (EDF) at a minimum of US$100,000 for a single main applicant and increasing amounts provided that the main applicant wishes to include their spouse or dependents in a citizenship application. Another pathway to obtain Dominica Citizenship by investment is to invest in designated real estate with a minimum value of at least US$200,000.
Dominica is a naturally beautiful island with lush rainforests and is a great place for diving and eco-tourism. For more information about Dominica Citizenship by Investment contact jennifer@jhmarlin.com
Dominica Citizenship by Investment was the second citizenship by investment programme to be introduced to the Caribbean and has been in operation since 1993. The Government of Dominica recognizes the importance of the Dominica Citizenship by Investment programme and is dedicated to ensuring that the programme continues to be of high quality in order to attract foreign direct investment. Investment contributions for citizenship are used to help the local economy.
There are many benefits to Dominica Citizenship by Investment which include; living in a peaceful country, global mobility with visa free access to over 120 countries which includes the European Union, Singapore, Hong Kong and the United Kingdom, minimal tax (no gift, wealth, inherit, capital gains tax), dual citizenship is permitted, no requirement to reside in Dominica, access to markets duty free in the Caribbean.
There are different pathways to obtain a passport from Dominica. One way to obtain Dominica Citizenship by Investment is to make a donation to the Economic Diversification Fund (EDF) at a minimum of US$100,000 for a single main applicant and increasing amounts provided that the main applicant wishes to include their spouse or dependents in a citizenship application. Another pathway to obtain Dominica Citizenship by investment is to invest in designated real estate with a minimum value of at least US$200,000.
Dominica is a naturally beautiful island with lush rainforests and is a great place for diving and eco-tourism. For more information about Dominica Citizenship by Investment contact jennifer@jhmarlin.com
Saint Lucia Citizenship by Investment
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Saint Lucia Citizenship by Investment is the newest citizenship by investment program in the Caribbean and was first launched in 2015. Citizenship by Investment can be acquired by making an investment in one of four ways; donation to the Saint Lucia National Economic Fund, Real Estate Projects, Enterprise Projects or Government Bonds. Under the Saint Lucia Economic Fund a minimum investment for a single applicant is US$100,000, an applicant applying with their spouse is US$165,000 and an applicant with two qualifying dependents is US$190,000. There are real estate projects to choose from that are government qualified for citizenship and they include hotels, resorts and boutique properties. The starting cost for a real estate project that qualifies for citizenship is US$300,000. Once a client identifies the desired real estate, the applicant will execute a binding purchase and sales agreement and the amount equalling the investment price will be deposited in an irrevocable escrow account. Another option for Saint Lucia Citizenship by Investment is Enterprise projects. Enterprise projects for citizenship must first be approved by the Citizenship by Investment Unit and start at US$3,500,000 and can be under one of seven categories which includes; restaurants, cruise ports and marinas, pharmaceutical products, agro-processing plants, ports/bridges/roads/highways, offshore universities and research institutions and facilities. The final option to obtain Saint Lucia Citizenship by Investment is to purchase non-interest bearing Government bonds. Bonds investment for a single applicant starts at US$500,000 and are required to remain in the name of the applicant for a 5 year period.
Saint Lucia Citizenship by Investment
The process to obtain Saint Lucia Citizenship by Investment takes approximately 3 months. In order to avoid delays, it is important to ensure that a citizenship file is compliant with the legislation and that all guidelines for preparing a citizenship by investment file have been followed. Saint Lucian citizens have visa free travel or visa on arrival to over 120 countries including the European Union. Citizens of Saint Lucia have a great quality of life and Saint Lucia is a wonderful place to live with great restaurants, beautiful beaches, luxury resorts and modern facilities and infrastructure. Saint Lucia enjoys a great climate year round and is the perfect place to escape to relax.
For more information about Saint Lucia Citizenship by Investment and other citizenship by investment programs contact: jennifer@jhmarlin.com
Saint Lucia Citizenship by Investment is the newest citizenship by investment program in the Caribbean and was first launched in 2015. Citizenship by Investment can be acquired by making an investment in one of four ways; donation to the Saint Lucia National Economic Fund, Real Estate Projects, Enterprise Projects or Government Bonds. Under the Saint Lucia Economic Fund a minimum investment for a single applicant is US$100,000, an applicant applying with their spouse is US$165,000 and an applicant with two qualifying dependents is US$190,000. There are real estate projects to choose from that are government qualified for citizenship and they include hotels, resorts and boutique properties. The starting cost for a real estate project that qualifies for citizenship is US$300,000. Once a client identifies the desired real estate, the applicant will execute a binding purchase and sales agreement and the amount equalling the investment price will be deposited in an irrevocable escrow account. Another option for Saint Lucia Citizenship by Investment is Enterprise projects. Enterprise projects for citizenship must first be approved by the Citizenship by Investment Unit and start at US$3,500,000 and can be under one of seven categories which includes; restaurants, cruise ports and marinas, pharmaceutical products, agro-processing plants, ports/bridges/roads/highways, offshore universities and research institutions and facilities. The final option to obtain Saint Lucia Citizenship by Investment is to purchase non-interest bearing Government bonds. Bonds investment for a single applicant starts at US$500,000 and are required to remain in the name of the applicant for a 5 year period.
Saint Lucia Citizenship by Investment
The process to obtain Saint Lucia Citizenship by Investment takes approximately 3 months. In order to avoid delays, it is important to ensure that a citizenship file is compliant with the legislation and that all guidelines for preparing a citizenship by investment file have been followed. Saint Lucian citizens have visa free travel or visa on arrival to over 120 countries including the European Union. Citizens of Saint Lucia have a great quality of life and Saint Lucia is a wonderful place to live with great restaurants, beautiful beaches, luxury resorts and modern facilities and infrastructure. Saint Lucia enjoys a great climate year round and is the perfect place to escape to relax.
For more information about Saint Lucia Citizenship by Investment and other citizenship by investment programs contact: jennifer@jhmarlin.com
Saint Kitts Citizenship By Investment
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The oldest program offering citizenship by investment is the Saint Kitts Citizenship by Investment program. The program has been in operation since 1984 and is known to be the platinum brand for citizenship by investment. Saint Kitts Citizenship by Investment can be obtained by making a donation into the Sustainable Growth Fund (SD) starting at USD 150,000 or by making an investment in real estate that must be kept for a number of years. The majority of people opt for the donation option as it is a quicker and simpler process.
In order to start the process to become a citizen of Saint Kitts, a client must select a local agent to assist them with the process of making a citizenship by investment application. Once the selection of an agent has been made, the client will be provided with the forms and a list of documents required to complete a successful citizenship application. The agent will provide guidance and assistance to help the client prepare documents. Once the documents are completed, the agent will submit the citizenship by investment application along with the required due diligence fees. The agent will follow up with the Saint Kitts Citizenship by Investment unit and will notify you of any updates with your file. Once a citizenship file is approved, the agent will receive an acceptance letter and will notify the client of their acceptance. Only upon acceptance will the client be required to make the donation payment. Once payment has been received by the Citizenship by Investment Unit, a Certificate of Citizenship will be issued. An application for a passport will be completed by the client and the agent will then submit the application to the Saint Kitts and Nevis Passport Office and make payment of the requisite fees. The entire process for Saint Kitts Citizenship by Investment takes approximately 3 to 8 months.
For more information about Saint Kitts Citizenship by Investment contact jennifer@jhmarlin.com
The oldest program offering citizenship by investment is the Saint Kitts Citizenship by Investment program. The program has been in operation since 1984 and is known to be the platinum brand for citizenship by investment. Saint Kitts Citizenship by Investment can be obtained by making a donation into the Sustainable Growth Fund (SD) starting at USD 150,000 or by making an investment in real estate that must be kept for a number of years. The majority of people opt for the donation option as it is a quicker and simpler process.
In order to start the process to become a citizen of Saint Kitts, a client must select a local agent to assist them with the process of making a citizenship by investment application. Once the selection of an agent has been made, the client will be provided with the forms and a list of documents required to complete a successful citizenship application. The agent will provide guidance and assistance to help the client prepare documents. Once the documents are completed, the agent will submit the citizenship by investment application along with the required due diligence fees. The agent will follow up with the Saint Kitts Citizenship by Investment unit and will notify you of any updates with your file. Once a citizenship file is approved, the agent will receive an acceptance letter and will notify the client of their acceptance. Only upon acceptance will the client be required to make the donation payment. Once payment has been received by the Citizenship by Investment Unit, a Certificate of Citizenship will be issued. An application for a passport will be completed by the client and the agent will then submit the application to the Saint Kitts and Nevis Passport Office and make payment of the requisite fees. The entire process for Saint Kitts Citizenship by Investment takes approximately 3 to 8 months.
For more information about Saint Kitts Citizenship by Investment contact jennifer@jhmarlin.com
Citizenship by Investment for China
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Increasing amount of applicants from China are looking to obtain a passport through Citizenship by Investment. Chinese investors are turning to the Caribbean and Europe where there are well known Citizenship by Investment programs. Some of the heads of the different citizenship by investment units have highlighted application statistics identifying people from China as comprising the highest volume of applicants. The former head of the Grenada Citizenship by Investment Unit cited that over 98% of applicants in 2018 were from China. Likewise, Les Khan the head of the Citizenship by Investment Unit in St.Kitts & Nevis stated in an interview that over 50% of the applicants for the St.Kitts & Nevis Citizenship by Investment Unit in 2018 were from China.
For the Chinese, some of the main criteria for selecting a citizenship program include affordability, visa free access and quick processing time. Chinese applicants are flocking to Grenada and St.Kitts & Nevis in the Caribbean to do citizenship by investment. Both countries have citizenship that comes with a variety of advantages.
The St.Kitts passports allows visa free travel to over 150+ countries including Schengen Area, UK, Russia, Singapore and Hong Kong. With the passport there is facility to travel around the world without hassle. St.Kitts offers an accelerated application procedure whereby the applicant can obtain citizenship in 60 days from the time of submission of a citizenship application as opposed to the usual 3-8 month processing time. St.Kitts & Nevis is a tax neutral jurisdiction, applicants are not required to speak english or have any business experience and there is no requirement to visit or reside in St.Kitts & Nevis. The government requires that either citizenship be obtained through making a donation to the Sustainable Growth Fund (SGF) for a minimum of US$150,000 or an investment of US$200,000 in real estate to be maintained for 7 years plus related due diligence fees and government fees.
Like St.Kitts, Grenada is a very popular citizenship by investment program for Chinese applicants. What is unique about the Grenada Citizenship by Investment program is that it is the only Caribbean citizenship by investment program that offers visa free travel to China. Another advantage for Chinese applicants is that Grenada has a E-2 Treaty with the United States. By having a Grenadian passport an investor can by making an investment enter the US in Treaty Investor status with the ability to work in the United States and with the ability for the spouse to also work in the United States and children have the ability to enrol in school in the United States. Applicants need to either invest US$200,000 as a donation or invest a minimum of US$350,000 in government approved real estate to be maintained for 4 years.
Also a sought after option for Chinese investors is the Cyprus Citizenship by Investment program. The Cyprus passport offers European citizenship with the right to live and work in Europe. Cyprus citizens have visa free travel to over 150+ countries including However, obtaining a Cyprus passport is much more expensive when compared to other Caribbean programs and comes at a much higher price tag of a minimum of EUR 2 million. Cyprus citizenship can be obtained by investing in real estate which can be resold after 3 years with the exception of maintaining a property of just EUR 500,000.
Given the many advantages of Citizenship by Investment, it is likely that people from China will have a continued interest in seeking the benefits of obtaining citizenship through investment.
For more information contact jennifer@jhmarlin.com
Increasing amount of applicants from China are looking to obtain a passport through Citizenship by Investment. Chinese investors are turning to the Caribbean and Europe where there are well known Citizenship by Investment programs. Some of the heads of the different citizenship by investment units have highlighted application statistics identifying people from China as comprising the highest volume of applicants. The former head of the Grenada Citizenship by Investment Unit cited that over 98% of applicants in 2018 were from China. Likewise, Les Khan the head of the Citizenship by Investment Unit in St.Kitts & Nevis stated in an interview that over 50% of the applicants for the St.Kitts & Nevis Citizenship by Investment Unit in 2018 were from China.
For the Chinese, some of the main criteria for selecting a citizenship program include affordability, visa free access and quick processing time. Chinese applicants are flocking to Grenada and St.Kitts & Nevis in the Caribbean to do citizenship by investment. Both countries have citizenship that comes with a variety of advantages.
The St.Kitts passports allows visa free travel to over 150+ countries including Schengen Area, UK, Russia, Singapore and Hong Kong. With the passport there is facility to travel around the world without hassle. St.Kitts offers an accelerated application procedure whereby the applicant can obtain citizenship in 60 days from the time of submission of a citizenship application as opposed to the usual 3-8 month processing time. St.Kitts & Nevis is a tax neutral jurisdiction, applicants are not required to speak english or have any business experience and there is no requirement to visit or reside in St.Kitts & Nevis. The government requires that either citizenship be obtained through making a donation to the Sustainable Growth Fund (SGF) for a minimum of US$150,000 or an investment of US$200,000 in real estate to be maintained for 7 years plus related due diligence fees and government fees.
Like St.Kitts, Grenada is a very popular citizenship by investment program for Chinese applicants. What is unique about the Grenada Citizenship by Investment program is that it is the only Caribbean citizenship by investment program that offers visa free travel to China. Another advantage for Chinese applicants is that Grenada has a E-2 Treaty with the United States. By having a Grenadian passport an investor can by making an investment enter the US in Treaty Investor status with the ability to work in the United States and with the ability for the spouse to also work in the United States and children have the ability to enrol in school in the United States. Applicants need to either invest US$200,000 as a donation or invest a minimum of US$350,000 in government approved real estate to be maintained for 4 years.
Also a sought after option for Chinese investors is the Cyprus Citizenship by Investment program. The Cyprus passport offers European citizenship with the right to live and work in Europe. Cyprus citizens have visa free travel to over 150+ countries including However, obtaining a Cyprus passport is much more expensive when compared to other Caribbean programs and comes at a much higher price tag of a minimum of EUR 2 million. Cyprus citizenship can be obtained by investing in real estate which can be resold after 3 years with the exception of maintaining a property of just EUR 500,000.
Given the many advantages of Citizenship by Investment, it is likely that people from China will have a continued interest in seeking the benefits of obtaining citizenship through investment.
For more information contact jennifer@jhmarlin.com
Over 16,000 passports issued under the Saint Kitts Citizenship by Investment Program
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The Prime Minister of Saint Kitts & Nevis, Dr. Timothy Harris announced that over 16,000 Saint Kitts passports were issued under the Saint Kitts & Nevis Citizenship by Investment (CBI) program. The Prime Minister of Saint Kitts & Nevis also noted that the CBI program has been a significant source of revenue for the Federation with investments received contributing to housing & infrastructure developments on island.
The Saint Kitts & Nevis Sustainable Growth Fund was introduced in April 2018. The investment contributions to obtain Saint Kitts & Nevis Citizenship by Investment starts at US$150,000 for a single applicant and US$195,000 for a family of four. There is also the option to obtain Saint Kitts & Nevis Citizenship by Investment by purchasing government designated real estate starting at US$200,000.
There were a record number of new Saint Kitts & Nevis citizens under the Saint Kitts & Nevis Citizenship by Investment program for 2018, according to the CEO of the Citizenship by Investment Unit, Les Khan.
For more information about becoming a global citizen and obtaining a second passport contact jennifer@jhmarlin.com
The Prime Minister of Saint Kitts & Nevis, Dr. Timothy Harris announced that over 16,000 Saint Kitts passports were issued under the Saint Kitts & Nevis Citizenship by Investment (CBI) program. The Prime Minister of Saint Kitts & Nevis also noted that the CBI program has been a significant source of revenue for the Federation with investments received contributing to housing & infrastructure developments on island.
The Saint Kitts & Nevis Sustainable Growth Fund was introduced in April 2018. The investment contributions to obtain Saint Kitts & Nevis Citizenship by Investment starts at US$150,000 for a single applicant and US$195,000 for a family of four. There is also the option to obtain Saint Kitts & Nevis Citizenship by Investment by purchasing government designated real estate starting at US$200,000.
There were a record number of new Saint Kitts & Nevis citizens under the Saint Kitts & Nevis Citizenship by Investment program for 2018, according to the CEO of the Citizenship by Investment Unit, Les Khan.
For more information about becoming a global citizen and obtaining a second passport contact jennifer@jhmarlin.com
Best Caribbean Citizenship by Investment Programs for 2019
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There is a growing interest in citizenship by investment and residency planning. There are many citizenship by investment programs around the world with the quickest processing time and most affordable being in the Caribbean. Caribbean Citizenship by Investment Programs include the following; Antigua & Barbuda Citizenship by Investment, Dominica Citizenship by Investment, Grenada Citizenship by Investment, St.Lucia Citizenship by Investment and St.Kitts & Nevis Citizenship by Investment. It is expected that the Caribbean Citizenship by Investment programs will continue to be sought after in 2019. Here are some of the features of the different Caribbean Citizenship by Investment Programs:
Antigua & Barbuda
The Antigua Citizenship by Investment Program was first established in 2013. Citizenship can be obtained by an applicant upon approval by making an investment contribution into the National Development Fund (NDF) or purchasing Government approved real estate. The investment cost starts at USD 125,000 plus government fees. Advantages of Antiguan Citizenship include visa free travel to over 140+ countries, lifetime citizenship, tax neutral jurisdiction and family friendly place to live. There are a number of international schools and people have a relatively high standard of living. Antigua has one of the best options for applicants wishing to include family members in their application. Additionally Antigua is open to accepting cryptocurrencies as a form of payment for the program.
Dominica Citizenship by Investment
Dominica’s Citizenship by Investment Program has been in operation since 1993. The Citizenship by Investment Program is one of the most affordable caribbean citizenship options for a single applicant starting at USD 100,000 plus due diligence and other fees. Dominica Citizenship offers visa free access to the UK and the EU with visa free travel to over 120 countries. Dominica has a warm climate year round and is one of the greenest islands in the Caribbean. The country has taken a strong stance on climate change and has banned common plastics and single use styrofoam cups. There are new hotels under construction aimed at attracting more tourists to the island.
Grenada Citizenship by Investment
Grenada Citizenship by Investment Program program first began in 2013 and has proven to be very popular. It is expected that the citizenship program will be amongst one of the most popular Caribbean Citizenship programs in 2019. There are two very interesting features about the Grenada citizenship and passport which includes visa free access to China and the E2 treaty with the USA. Grenada Citizens can apply for an E2 visa which allows them the opportunity to reside, work and study in the USA. Unlike EB-5 holders, E2 visa holder do not have to spend long periods of time in the USA. Grenada citizenship can be obtained starting at USD 150,000 plus due diligence and additional fees.
St.Lucia Citizenship by Investment
The St.Lucia Citizenship by Investment program started in 2015. It’s citizens have visa free access to over 120 countries which include Schengen area, United Kingdom, Hong Kong and Singapore amongst other countries. Of all the Countries that offer citizenship by investment, St.Lucia has the greatest population. There are a number of schools, restaurants, beaches, resorts and activities to accommodate the growing population. St.Lucia is often featured as a honeymoon destination and the airport will be undergoing major renovations to facilitate travel.
St.Kitts & Nevis Citizenship by Investment
The St.Kitts & Nevis Citizenship by Investment Program is the longest established Caribbean Citizenship by Investment Program and has been in operation since 1984. St.Kitts & Nevis is known for being the platinum brand and the most innovative Citizenship by Investment Program. A record number of applicants applied for St.Kitts & Nevis Citizenship in 2018 and it is anticipated that the St.Kitts & Nevis Citizenship by Investment Program will be the most sought after Caribbean Citizenship by Investment program in 2019. St.Kitts & Nevis Citizenship offers the most visa free countries with citizens having access to visa free travel to over 150 countries. St.Kitts & Nevis is a tax neutral country and is a great place to live.
For more information about the different Citizenship by Investment Programs contact: jennifer@jhmarlin.com
There is a growing interest in citizenship by investment and residency planning. There are many citizenship by investment programs around the world with the quickest processing time and most affordable being in the Caribbean. Caribbean Citizenship by Investment Programs include the following; Antigua & Barbuda Citizenship by Investment, Dominica Citizenship by Investment, Grenada Citizenship by Investment, St.Lucia Citizenship by Investment and St.Kitts & Nevis Citizenship by Investment. It is expected that the Caribbean Citizenship by Investment programs will continue to be sought after in 2019. Here are some of the features of the different Caribbean Citizenship by Investment Programs:
Antigua & Barbuda
The Antigua Citizenship by Investment Program was first established in 2013. Citizenship can be obtained by an applicant upon approval by making an investment contribution into the National Development Fund (NDF) or purchasing Government approved real estate. The investment cost starts at USD 125,000 plus government fees. Advantages of Antiguan Citizenship include visa free travel to over 140+ countries, lifetime citizenship, tax neutral jurisdiction and family friendly place to live. There are a number of international schools and people have a relatively high standard of living. Antigua has one of the best options for applicants wishing to include family members in their application. Additionally Antigua is open to accepting cryptocurrencies as a form of payment for the program.
Dominica Citizenship by Investment
Dominica’s Citizenship by Investment Program has been in operation since 1993. The Citizenship by Investment Program is one of the most affordable caribbean citizenship options for a single applicant starting at USD 100,000 plus due diligence and other fees. Dominica Citizenship offers visa free access to the UK and the EU with visa free travel to over 120 countries. Dominica has a warm climate year round and is one of the greenest islands in the Caribbean. The country has taken a strong stance on climate change and has banned common plastics and single use styrofoam cups. There are new hotels under construction aimed at attracting more tourists to the island.
Grenada Citizenship by Investment
Grenada Citizenship by Investment Program program first began in 2013 and has proven to be very popular. It is expected that the citizenship program will be amongst one of the most popular Caribbean Citizenship programs in 2019. There are two very interesting features about the Grenada citizenship and passport which includes visa free access to China and the E2 treaty with the USA. Grenada Citizens can apply for an E2 visa which allows them the opportunity to reside, work and study in the USA. Unlike EB-5 holders, E2 visa holder do not have to spend long periods of time in the USA. Grenada citizenship can be obtained starting at USD 150,000 plus due diligence and additional fees.
St.Lucia Citizenship by Investment
The St.Lucia Citizenship by Investment program started in 2015. It’s citizens have visa free access to over 120 countries which include Schengen area, United Kingdom, Hong Kong and Singapore amongst other countries. Of all the Countries that offer citizenship by investment, St.Lucia has the greatest population. There are a number of schools, restaurants, beaches, resorts and activities to accommodate the growing population. St.Lucia is often featured as a honeymoon destination and the airport will be undergoing major renovations to facilitate travel.
St.Kitts & Nevis Citizenship by Investment
The St.Kitts & Nevis Citizenship by Investment Program is the longest established Caribbean Citizenship by Investment Program and has been in operation since 1984. St.Kitts & Nevis is known for being the platinum brand and the most innovative Citizenship by Investment Program. A record number of applicants applied for St.Kitts & Nevis Citizenship in 2018 and it is anticipated that the St.Kitts & Nevis Citizenship by Investment Program will be the most sought after Caribbean Citizenship by Investment program in 2019. St.Kitts & Nevis Citizenship offers the most visa free countries with citizens having access to visa free travel to over 150 countries. St.Kitts & Nevis is a tax neutral country and is a great place to live.
For more information about the different Citizenship by Investment Programs contact: jennifer@jhmarlin.com
St.Kitts Citizenship by Investment Program 2018 Review
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The St.Kitts Citizenship by Investment Program had a record performing year with over 3,000 citizenship by investment applications under the Hurricane Relief Fund. According to the CEO of the St.Kitts Citizenship by Investment Unit, over 50% of the St.Kitts Citizenship by Investment applicants were from China, 45% from the Middle East, and 5% from other countries such as Russia and the United States. The St.Kitts Citizenship by Investment program has been referred to as the most innovative citizenship by investment program and has seen a lot of media attention in 2018.
The Sustainable Growth Fund (SGF) was established following the successful Hurricane Relief Fund whereby investor applicants can make a donation to the country and in turn obtain St.Kitts & Nevis Citizenship. The Sustainable Growth Fund was established to help support sustainable economic growth in St.Kitts and Nevis and further advance the Federations goals that are aligned with the United Nations 2030 Agenda for Sustainable Development. Investment into the Sustainable Growth Fund starts at US$150,000 for a single main applicant plus due diligence fees. There is also the possibility to obtain St.Kitts & Nevis Citizenship by investing in designated government approved real estate starting at US$200,000.
One of the main features of St.Kitts & Nevis Citizenship is the ability to travel visa free to over 150 jurisdictions which includes: United Kingdom, Schengen area, Russia, Hong Kong and Singapore amongst other global destinations. St.Kitts & Nevis is a great place to live and is often featured in the news as one of the best Caribbean destinations for travel. Many people come to visit and decide that they would like to buy a vacation home or spend more time in the country. We are always happy to accommodate our clients and help them get familiar with the Island!
The St.Kitts Citizenship by Investment Program had a record performing year with over 3,000 citizenship by investment applications under the Hurricane Relief Fund. According to the CEO of the St.Kitts Citizenship by Investment Unit, over 50% of the St.Kitts Citizenship by Investment applicants were from China, 45% from the Middle East, and 5% from other countries such as Russia and the United States. The St.Kitts Citizenship by Investment program has been referred to as the most innovative citizenship by investment program and has seen a lot of media attention in 2018.
The Sustainable Growth Fund (SGF) was established following the successful Hurricane Relief Fund whereby investor applicants can make a donation to the country and in turn obtain St.Kitts & Nevis Citizenship. The Sustainable Growth Fund was established to help support sustainable economic growth in St.Kitts and Nevis and further advance the Federations goals that are aligned with the United Nations 2030 Agenda for Sustainable Development. Investment into the Sustainable Growth Fund starts at US$150,000 for a single main applicant plus due diligence fees. There is also the possibility to obtain St.Kitts & Nevis Citizenship by investing in designated government approved real estate starting at US$200,000.
One of the main features of St.Kitts & Nevis Citizenship is the ability to travel visa free to over 150 jurisdictions which includes: United Kingdom, Schengen area, Russia, Hong Kong and Singapore amongst other global destinations. St.Kitts & Nevis is a great place to live and is often featured in the news as one of the best Caribbean destinations for travel. Many people come to visit and decide that they would like to buy a vacation home or spend more time in the country. We are always happy to accommodate our clients and help them get familiar with the Island!
St. Kitts and Nevis, signs mutual visa waiver with The Gambia
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"BASSETERRE, St. Kitts — In a much anticipated move to strengthen diplomatic relations with The Gambia, Minister of Foreign Affairs of St. Kitts and Nevis, Honourable Mark Brantley, and His Excellency, Dr. Mamadou Tangara, Minister of Foreign Affairs, International Cooperation and Gambians Abroad, agreed to waive visa requirements for entry into both countries by their nationals."
"BASSETERRE, St. Kitts — In a much anticipated move to strengthen diplomatic relations with The Gambia, Minister of Foreign Affairs of St. Kitts and Nevis, Honourable Mark Brantley, and His Excellency, Dr. Mamadou Tangara, Minister of Foreign Affairs, International Cooperation and Gambians Abroad, agreed to waive visa requirements for entry into both countries by their nationals."
St. Kitts and Nevis declared top Caribbean island for travel in 2018
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FROM THE OFFICE OF THE PRIME MINISTER
The top travel destinations for 2018 have been released, with top-tier international media publication Bloomberg declaring St. Kitts and Nevis as “the place to go” for the New Year. The report was issued Jan. 2 and includes 22 locations in total.
The two-island country in the East Caribbean is known widely as the first country to adopt a Citizenship by Investment Programme, a product that allows foreigners the chance to call the nation their second home in exchange for a donation to the nation’s future.
Featured in the report “Where to go in 2018,” St. Kitts and Nevis is featured second on the list and is commended for what is described as the beach-escape hat trick – “It feels untouched while being both comfortable and convenient.”
Les Khan, CEO of the Citizenship by Investment Unit, believes the increasing interest and tourist demand on the island are signs of continual growth for the nation. “The island is becoming increasingly popular for tourists,” he said. “We hope those who come to the island can see the opportunity in calling it their second home as well. We are one of the select few nations in the world that offers second citizenship. It’s a popular programme, made more popular by the fact that St. Kitts and Nevis is a booming holiday destination.”
The islands are considered one of the most accessible in the Caribbean, assisted by direct flight paths, including the hubs of New York, London, Toronto and Miami. Prestige brands including Marriott and Hyatt are among a long list of luxury accommodation options, with Park Hyatt recently opening a 5-star establishment complete with spa facilities and private roof-top swimming pools.
Tourism is a budding industry for the twin-island nation of St. Kitts and Nevis, and is assisting in the strong economic forecasts delivered in the country’s recent budget. The nation’s popular Citizenship by Investment Programme is also a large contributor to the country’s increasing prosperity.
Investment in real estate is also an option for citizenship, with applicants to the Citizenship by Investment Programme wishing to capitalise on the increasing number of visitors to the island.
FROM THE OFFICE OF THE PRIME MINISTER
The top travel destinations for 2018 have been released, with top-tier international media publication Bloomberg declaring St. Kitts and Nevis as “the place to go” for the New Year. The report was issued Jan. 2 and includes 22 locations in total.
The two-island country in the East Caribbean is known widely as the first country to adopt a Citizenship by Investment Programme, a product that allows foreigners the chance to call the nation their second home in exchange for a donation to the nation’s future.
Featured in the report “Where to go in 2018,” St. Kitts and Nevis is featured second on the list and is commended for what is described as the beach-escape hat trick – “It feels untouched while being both comfortable and convenient.”
Les Khan, CEO of the Citizenship by Investment Unit, believes the increasing interest and tourist demand on the island are signs of continual growth for the nation. “The island is becoming increasingly popular for tourists,” he said. “We hope those who come to the island can see the opportunity in calling it their second home as well. We are one of the select few nations in the world that offers second citizenship. It’s a popular programme, made more popular by the fact that St. Kitts and Nevis is a booming holiday destination.”
The islands are considered one of the most accessible in the Caribbean, assisted by direct flight paths, including the hubs of New York, London, Toronto and Miami. Prestige brands including Marriott and Hyatt are among a long list of luxury accommodation options, with Park Hyatt recently opening a 5-star establishment complete with spa facilities and private roof-top swimming pools.
Tourism is a budding industry for the twin-island nation of St. Kitts and Nevis, and is assisting in the strong economic forecasts delivered in the country’s recent budget. The nation’s popular Citizenship by Investment Programme is also a large contributor to the country’s increasing prosperity.
Investment in real estate is also an option for citizenship, with applicants to the Citizenship by Investment Programme wishing to capitalise on the increasing number of visitors to the island.
Advantages of Residency – Why Panama should be on your radar!
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Many people do not realize the benefits of obtaining residency in a foreign country. Residency allows you to live, work and travel within your country of residence. It is easier to open bank accounts, buy property and invest among other things.
In several countries obtaining residency is your first step to eventually obtaining a second passport from your new country. While many countries require that you live at least 183 days per year within the country in order to qualify for residency, this is not the case in Panama.
Panama offers one of the easiest and quickest ways to obtain permanent residency along with a potential path to obtaining a second passport.
Panama is considered one of the ideal locations to retire due to its tropical climate and beautiful landscape. One of the main advantages of establishing residency in Panama is that all income earned outside of Panama is exempt from taxation. There is a facility to do business as Panama City is the largest offshore and regional banking centre in Latin America. The country has a rapid rising economy and is a suitable for up and coming entrepreneurs.
In May of 2012, former President Ricardo Martinelli issued a Presidential Decree 343 declaring that citizens of 22 friendly nations could apply to become permanent residents in a fast track manner.
Since then, other Decrees have increased the number of friendly nations to 48.
In order to obtain a permanent residency visa, citizens of friendly nations must establish professional or economic ties with the Republic of Panama. This can occur when an applicant either owns a Panama Corporation or a Panama company which does business in Panama or when an individual is hired to work for a Panama company. Proof of economic solvency is also another requirement.
It is important to take advantage of options that are available to you while they still remain available. Rules and laws are always changing when it comes to residency and citizenship. Contact us for additional information including a copy of the detailed friendly nations residency program.
Many people do not realize the benefits of obtaining residency in a foreign country. Residency allows you to live, work and travel within your country of residence. It is easier to open bank accounts, buy property and invest among other things.
In several countries obtaining residency is your first step to eventually obtaining a second passport from your new country. While many countries require that you live at least 183 days per year within the country in order to qualify for residency, this is not the case in Panama.
Panama offers one of the easiest and quickest ways to obtain permanent residency along with a potential path to obtaining a second passport.
Panama is considered one of the ideal locations to retire due to its tropical climate and beautiful landscape. One of the main advantages of establishing residency in Panama is that all income earned outside of Panama is exempt from taxation. There is a facility to do business as Panama City is the largest offshore and regional banking centre in Latin America. The country has a rapid rising economy and is a suitable for up and coming entrepreneurs.
In May of 2012, former President Ricardo Martinelli issued a Presidential Decree 343 declaring that citizens of 22 friendly nations could apply to become permanent residents in a fast track manner.
Since then, other Decrees have increased the number of friendly nations to 48.
In order to obtain a permanent residency visa, citizens of friendly nations must establish professional or economic ties with the Republic of Panama. This can occur when an applicant either owns a Panama Corporation or a Panama company which does business in Panama or when an individual is hired to work for a Panama company. Proof of economic solvency is also another requirement.
It is important to take advantage of options that are available to you while they still remain available. Rules and laws are always changing when it comes to residency and citizenship. Contact us for additional information including a copy of the detailed friendly nations residency program.
Visa waiver agreement between Russia & St. Kitts & Nevis
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A visa free waiver was signed between St. Kitts & Nevis and Russia allowing citizens of St. Kitts & Nevis to travel to Russia for up to 90 days without a visa. Likewise, Russians are allowed to travel to St. Kitts & Nevis visa free for 90 days.
The signing of the agreement is significant demonstrating the Federations commitment to bilateral relations between both countries. The visa free is effective late November 2017.
A visa free waiver was signed between St. Kitts & Nevis and Russia allowing citizens of St. Kitts & Nevis to travel to Russia for up to 90 days without a visa. Likewise, Russians are allowed to travel to St. Kitts & Nevis visa free for 90 days.
The signing of the agreement is significant demonstrating the Federations commitment to bilateral relations between both countries. The visa free is effective late November 2017.
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