More Wealthy Indians Are Leaving the Country In Search Of a Better Future By Choosing Citizenship By Investment Programs

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India is popular all over the world for its huge population, cheap labor, diversification, and large number of young people.

 

There are 6,884 Ultra High Net Worth Individuals (UHNWI) in India, according to the report. They make money from their large-scale business. However, harsh policies and preconceived notions from a few corporate families have made it more difficult to do business in India.

 

Many UHNWIs choose citizenship by investment programs to change their citizenship and some of the most popular countries for this are the Caribbean.

 

The favorites are two Caribbean countries - Saint Kitts and Nevis and the Commonwealth of Dominica.

 

The Federation of Saint Christopher and Nevis, also known as Saint Kitts and Nevis, has the longest history of citizenship by investment in the world, founded in 1984.

 

The smallest sovereign state in the Americas is located in the Leeward Islands of the West Indies. The Federation unites the islands of St. Kitts and Nevis although both islands maintain certain independent regulation. The English-speaking islands remain under-developed by Caribbean standards, but tourism, the principal economy of the islands, has been growing steadily, bringing with it new hotels and resort developments. Both islands have international airports and two ferry lines connect them. The islands are still very connected with nature; it is estimated that St. Kitts & Nevis currently has a larger Vervet monkey population than humans.

 

What are the benefits of Saint Kitts and Nevis Citizenship by Investment Program?

 

  • Quick processing: the citizenship is granted in 60 days (via Accelerated Application Process - AAP)

  • Zero tax: St. Kitts & Nevis imposes no income, wealth or inheritance taxes.

  • An applicant does not need to visit St. Kitts & Nevis in order to qualify for citizenship, although all applicants are subject to a strict due diligence check.

  • St. Kitts & Nevis recognizes dual citizenship, so you can still benefit from your current citizenship.

  • Good visa-free travel: With a passport of St. Kitts & Nevis you can travel visa free and worry free to more than 140 countries in the world, including all Europe and Union countries, the United Kingdom, Ireland, Caribbean and Commonwealth nations. Citizens can often acquire long-term travel visas to the United States of America.

    Investors have several options for investing: real estate or the Sustainable Growth Fund.

 

Now you can use the limited-time offer.

 

- a family of 4 US$ 150k

- main applicant + spouse: US$ 150k 

- additional contribution for each dependent US$ 10k

Dependent unmarried childless brother/sister <30 yo of the MA US$ 20k

Offer only applies to citizenship acquisition through investment in the Sustainable Growth Fund.

 

As for Dominica, established as an incentive for domestic economic growth in 1993, Dominica Citizenship by Investment is one of the most affordable programs for the global community.

 

One of the most naturally beautiful places in the world, this volcanically active island located in the lesser Antilles is known as the “Nature Isle of the Caribbean,” and is largely covered by thick rainforest and spotted with hot “sulphur” springs. Averaging only 50,000 visitors a year, tourism is still in its infancy in Dominica, where the principal economic generator continues to be in the agricultural sector. If you enjoy adventure and an active lifestyle, then Dominica may be for you. Although there are some great “boutique” style hotels, do not expect to find 5-star service or pampering on this island.

 

What are the benefits of the Dominica Citizenship by Investment Program?

 

  • Quick processing: A lifetime citizenship and new passport is granted in 3-4 months

  • Privacy: The application process is confidential

  • Low cost: Dominica offers one of the most affordable legal programmes available to the global community

  • Hassle-free: There is no requirement to visit Dominica in order to qualify for citizenship

  • Good visa-free travel: The Dominica passport allows visa-free travel to more than 135 countries

  • Zero tax: The island has no income, wealth or inheritance taxes

 

Source: wicnews

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