Our work spans multiple countries and we routinely advise clients on how alternative citizenships can help lessen tax exposure. We manage the entire expatriation and tax residency relocation process for you through a detailed plan covering:
Pre-immigration tax planning;
Exit and pre-arrival tax planning in the new country;
Accompanying you to all administrative related meetings;
Advice on protecting your assets from additional tax liability due to tax residency changes;
Obtaining a visa and other immigration services;
The Benefits for Businessmen of a second citizenship & passport are many, although freedom of travel and taxation are the primary reasons.
We specialize in tax and civil rights in a number of European countries including: Switzerland, Cyprus, Malta, Bulgaria and Portugal. Our representatives also have extensive experience in the Caribbean.
Caribbean Citizenship by Investment
Citizenship by Investment is the legal practice of an individual making a real estate investment into a country, normally in the form of a real estate purchase, and in return being granted the citizenship and passport of that country.
At its most basic level, Citizenship by Investment is exactly what it says it is: If you can come up clean on a detailed and thorough background check, and you have enough funds to make a significant financial investment to that country, you will receive citizenship and a passport within months. Some programs are more expensive than others, and some will require the investor either purchase an existing business or establish a new one, so as to employ several local citizens as part of their investment. Other programs require that the investor physically reside for a specific time period in that country, and even learn the local language.
The Caribbean islands of St. Kitts and Nevis, Antigua and Barbuda, Saint Lucia and Dominica are among the easiest countries to acquire citizenship to as their programs are relatively inexpensive (compared to those of the EU) and residential requirements are a bare minimum.
St. Kitts and Nevis
In St. Kitts and Nevis, you can either invest or donate money to the government, but you can be sure that simply donating the money will make the process easier.
St. Kitts and Nevis has been runs the original economic passport program, in operation since I was born in 1984.
The requirements are simple: you can donate money to a government development fund, or you can invest in real estate. The donation is around $150,000.
The real estate investment is around $200,000 and up, it can be a house, offices, shops or even a hotel. You can sell it in several years and get your money back.
Dominica passport has improved significantly over the last years and the price is also very attractive at only $100,000 and the requirements are also very basic.
Grenada offers a unique passport that provides access to the EU, UK, Russia, China, and even priority investor access to the United States and a visa-free access to Russia and China. Grenada allows you to make a donation of $150,000 for a single person or $200,000 for a married couple in exchange for citizenship.
Antigua and Barbuda
There is a unique requirement. Citizens must live in Antigua and Barbuda for 35 days for the first five years. Antigua’s investment plans are a standard $125,000 donation or an investment of $400,000 in real estate. A family of four can apply for the same price as a single applicant, and Antigua and Barbuda are the cheapest option for families.
The requirement includes a donation of $100,000 or purchase real estate, with a minimum investment of $300,000. St. Lucia also allows you as an alternative to invest in real estate or start a business. St. Lucia offers benefits for families because dependent parents can be included in the application.