When people think of the Caribbean, the first things that come to mind are its pristine waters, white sandy beaches, and warm sunshine. In fact, as world-renowned tourist destinations, some countries in the Caribbean region have always attracted people from all over the world. According to Forbes, wealthy Europeans and Americans are flocking to the Caribbean.
Citizenship consultants, government agencies, and real estate developers state that the increase in U.S. citizens is particularly notable. U.S. citizens are heading to the Caribbean for two reasons: first, the upcoming U.S. election; and second, the COVID-19 pandemic, which has led people to choose remote work.
As more wealthy Europeans and Americans head to the Caribbean, hotel rooms in some Caribbean countries are in short supply. In fact, these wealthy individuals are not just looking for a hotel room; they are hoping to obtain citizenship in the countries where they reside. Due to the global spread of the pandemic, more and more people are hoping to have a second or third home in a place that will not be affected by a second or third wave of the pandemic, which requires the use of Citizenship by Investment programs.
Some countries in the Caribbean region, such as Saint Lucia, Saint Kitts and Nevis, Antigua and Barbuda, Dominica, and Grenada, have all launched their own Citizenship by Investment programs. These programs are highly favored for their simple requirements, short processing times, and fast approval speeds. Among them, Saint Lucia, known as the "Back Garden of North America," has launched a new, highly popular Saint Lucia COVID-19 Relief Bond program. Investors only need to invest from $250,000 to purchase government-issued bonds, and the principal can be returned after holding them for a minimum of 5 years, allowing three generations of the family to obtain a Commonwealth passport from Saint Lucia. Furthermore, there are no academic or language requirements for applicants, no residency requirements, and no need to visit Saint Lucia to complete the immigration process. It is worth noting that the deadline for this bond issuance is December 31, 2020; seize this great project and opportunity while you can.
Moreover, the government of Saint Lucia has recently amended its Citizenship by Investment Act, expanding the scope of dependent applicants, lowering the requirements for children and parents to become dependents, and adding the main applicant's siblings as eligible dependents. At the same time, the family reunion policy has been revised and supplemented, meaning that after the main applicant obtains status, they can add eligible dependents, including children born/legally adopted after the original application, and spouses married after the original application. In addition, dependents who already met the requirements before the applicant obtained status can apply for citizenship within 5 years after the applicant obtains status. These policies also apply to the Saint Lucia COVID-19 Relief Bond program. It is not difficult to see that in terms of policy orientation, the new Saint Lucia immigration act enhances the effectiveness of the family reunion policy to a greater extent and meets the application needs of the applicant and their spouse and children, which will undoubtedly attract more investors to make direct investments!
Advantages of the Saint Lucia Passport Program
● Starting from $100,000, the whole family can apply for Saint Lucia (citizenship) status. Foreign status with affordable costs;
● Convenient travel: Holders of this passport can enjoy visa-free, visa-on-arrival, or e-visa access to nearly 150 countries and regions, including the United Kingdom, Schengen countries, Ireland, the United Arab Emirates, South Korea, Hong Kong (China), Taiwan (China), Singapore, etc.;
● Short application time: Under normal circumstances, approval can be obtained in about 12 weeks after submission;
● No residency requirements, no need to land;
● Children can enjoy free British-style education. If they return to China for further studies as international students, those who meet the requirements can be admitted to top domestic universities without written exams; the vast majority of Commonwealth countries recognize each other's academic credits, allowing for transfers to other Commonwealth countries for study;
● Favorable tax system: No property tax, gift tax, inheritance tax, estate tax, or capital gains tax, and it is one of the few non-global taxation countries;
● Beautiful environment, a vacation paradise.
In addition, Saint Kitts and Nevis, which launched its Citizenship by Investment program as early as 1984, has historically attracted many Chinese and Middle Eastern applicants, but in the past few months, inquiries from U.S. citizens have also increased. Les Khan, CEO of the Citizenship by Investment Unit of Saint Kitts and Nevis, said: "We have seen an increase in the number of Americans applying for another passport." Les Khan added: "Americans applying for a Saint Kitts passport want to come here, change their lifestyle, and live on the island." Due to the global spread of the pandemic, more and more people are hoping to have a second or third home in a place that will not be affected by a second or third wave of the pandemic.
At the same time, even more exciting news: Recently, the Saint Kitts and Nevis Citizenship by Investment Unit issued a notice: From July 3, 2020, to December 31, 2020, investors who immigrate to Saint Kitts and Nevis through the Sustainable Growth Fund will see the donation amount for a family of up to four reduced from $195,000 to $150,000. A limited-time price reduction is here, saving up to $45,000!
In addition to the popular Caribbean countries mentioned above, Worldway also offers Citizenship by Investment programs for countries such as Montenegro (an EU candidate), Turkey (a major European country), Vanuatu (a South Pacific nation), and Cyprus (the golden key in the Mediterranean) for your selection!
2020 is the Year of Health Planning! Health planning, status first! For details on applying for Commonwealth country investment citizenship programs, please consult the Worldway service hotline: Mainland China: 400-138-2929, Hong Kong (China): (852) 2802 8798.
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