Why 2017 is the Best Year to Invest in a Second Citizenship
Ever thought a single decision could drastically change your life? The start of a new year is definitely the best time to make that change.
Most of our clients say that investing in a second citizenship was one of the turning points of their lives – opening the door to hassle-free travel, more freedom, added peace of mind and brighter opportunities and security for their children.
2017 has started off with a host of widely-hailed changes in the citizenship by investment industry that make this year one of the best ever – especially for families – to decide to invest in a second passport.
Here is why:
It is now much more affordable for families to invest in second citizenship
In the past three months, the Citizenship by Investment Units of Dominica, St Kitts and Nevis and St Lucia have made it more economical and affordable for families to invest in second passports by introducing special contribution packages for family applications.
The Government Donation for a family of 4 in the St Kitts and Nevis CBI Program now starts at only USD300,000, irrespective of the ages of the applicant's children.
Under the Real Estate Investment Option for Dominica (in addition to the cost of the chosen property) the contribution for a family of 4 is only USD75,000.
Dependent eligibility has been widened and made more affordable
The CBI programs of both Dominica and St Kitts and Nevis recently introduced changes that widened the age limits for eligible children and older dependents (parents/ grandparents) while reducing the investment associated with adding adult dependents.
You can read more on the Dominica changes here
You can read more on the St Kitts and Nevis changes here
New born children can be added easily
Dominica reduced the fee to register a newborn child (a child under 5 years who was born after the applicant acquired Dominican citizenship) from $10,000 to just $2,000.
You can get a new citizenship in just 2 months
All the programs have streamlined their application process enabling approvals to be processed quicker than ever before. St Kitts and Nevis has also introduced an accelerated option allowing you to get approval in as little as 2 months by paying a premium.
For those of you who have been considering second citizenship, 2017 seems to have started with many great reasons to do so.
Interested in checking your eligibility for second citizenship? Before we begin any application, we undertake a pre-screening process to assess your profile so that we can represent you to the Government Unit in the best possible light to obtain the necessary citizenship approvals. To begin the process, please send a copy of your passport to [email protected] or call +97145541449 and we will be more than happy to assist. For further updates on second citizenship visit www.passpro.co or follow PassPro on LinkedIn, Twitter @PassProNews, Instagram @PassProCitizenship or Facebook/PassProCitizenship
Saint Lucia’s PM Allen Chastanet has issued a new amendment to its Citizenship by Investment Regulations that has made tRead More