-
·
St.Kitts Establishes CBIU Unit
The St.Kitts and Nevis Government has established a New Citizenship by Investment Unit for Saint Christopher and Nevis as a body corporate and for related matters, as per recommendations of OECD and FATF. The CBIU Act published 28th June 2024 and entered into Extra Ordindary Gazette No. 34 of 2024. Key Specialists SKN CBIU unit will employ…
-
·
St.Kitts Due Diligence Checks (Six Layers)
Established in 1984, the St Kitts and Nevis Citizenship by Investment Programme is the oldest of its kind in the world. The programme offers citizenship to high net worth individuals and their families in a peaceful and prosperous part of the Caribbean. Basic Eligibility The Citizenship by Investment Regulations requires any person ineligible who: will not be…
-
·
St.Kitts Lowers SISC Contribution for CBI
The SKN Government has gazetted citizenship by investment regulations that reduces SICF contribution to $250,000 for upto family of 4, making it cheaper and affordable for families applying for citizenship by investment in St.Kitts and Nevis. Previous SICF contributions for family of four required $350,000 contribution to SICF Fund. The Statutory Orders SRO 20 of 2024 has…
-
·
New Price Increase for Dominica Citizenship (CBI)
The Commonwealth of Dominica Citizenship by Investment Regulations (the 2024 Regulations) were gazetted on 28 June 2024 and came into effect immediately with new price structure raising the minimum investments, as per the memorandum of understanding signed by five OECS CIP nations in 2024. The 2024 Regulations repeal the existing regulations and amendments. The 2024 Regulations…
-
·
St.Lucia Implements Price Increase from July 1
The Saint Lucia Citizenship by Investment Unit (“The Unit”) in a memo sent to agents and stakeholders, wishes to inform of changes to the minimum legislative prices of qualifying investment options effective July 1, 2024. These adjustments are in keeping with the Memorandum of Agreement signed between the five OECS territories operating Citizenship by Investment…
-
·
Initial Acceptable Documents for Antigua Citizenship
The Antigua and Barbuda Citizenship by investment unit has laid out certain rules regarding the minimum acceptable documents which constitute a complete file submission for CIP programme before the deadline of July 30. Prospective last minute applicants must prepare and provide the below required documents (both electronic and physical true copies are required) along with…
-
·
Antigua CIP Price Increase from July 30
Antigua and Barbuda CIU has announced new investment thresholds for the citizenship by investment program, in accordance with the MOA signed with five eastern caribbean states. The new prices will be implemented by July 30, 2024 (instead of Jun 30), that is 30 days later from the proposed date, according to the memo sent to…
-
·
Grenada Increases CBI Minimum Investment
Grenada Citizenship by Investment Unit (IMA) through Circular No. 2 of 2024 has announced new prices for CBI programme in accordance with the Memorandum of Agreement (MoA) among the Member States of the Organisation of Eastern Caribbean States offering Citizenship by Investment Programmes (CBIPs), a new pricing structure for the Investment Migration Agency Grenada (IMA)…
-
·
Spain to Eliminate Real Estate Linked Golden Visas
The Spanish government is pushing for scrapping of golden visa program which allows foreigners buying real estate to secure a golden visa in Spain. Since the law was passed in 2013, about 14,576 golden visas linked to real estate investments have been granted, mostly to citizens from China, Russia, the United Kingdom, the United States,…
-
·
Germany Eases Citizenship Rules for Foreigners
Germany has made landmark changes to citizenship conditions for foreigners applying for citizenship in Germany and most importantly relaxing rules for immigrants. The Landmark citizenship reforms, set to come into play from June 27, 2024. The naturalisation rate in Germany currently at 1.1 percent, is below the EU average of 2.0 percent and the new reforms…
