asd

CS Global Partners: Dominica, St Kitts and Nevis offers best CBI Programmes

The key focus in the webinar remained on the significance of the CBI Programme and its benefits to the investors.  

A webinar on “Citizenship by Investment Programme” was conducted on Thursday by Zebvo Newswire in collaboration with the UK-based government citizenship advisory firm – CS Global Partners. The key focus in the webinar remained on the significance of the CBI Programme and its benefits to the investors.  

The discussion of the webinar came with the outcome that at least 13 countries in the Caribbean region offer economic citizenship in return for significant investment, but Dominica, St Kitts and Nevis has the oldest as well as the world’s best CBI Programmes in terms of their cost, security, due-diligence and several other aspects.  

Advertisement

The UK-based firm noted the Real Estate and Economic Diversification Fund offered by the Citizenship by Investment Programme of Dominica is the direct passage to a second citizenship. 

CS Global Partners also highlighted that the CBI Programme of Dominica provides citizenship within minimal processing time. On the other hand, the Real Estate option offered under the CBI Programme of St Kitts and Nevis is a bit complex and takes time, which relucts an individual to invest in the dual citizenship of the twin-island Federation. 

“The citizenship programmes of Dominica and St Kitts and Nevis are the world’s fastest as well as a straightforward route to obtain the citizenship of the country,” CS Global Partners cited. 

The firm outlined the CBI INDEX report published by the PWM Magazine of Financial Times, which has described Dominica, St Kitts and Nevis Caribbean countries as the “best” in CBI Programmes. Besides this, many other reports were released by international organizations, who applauded the economic citizenship programmes of Dominica, St Kitts and Nevis. 

These reports include Smith and Williamson, Ernest and Young, PricewaterhouseCoopers (PWC). 

The CS Global Partners CEO – Micha Rose Emmett, and Director – Paul Singh, noted that there are five nations in the Caribbean region that offers CBI Programmes along with outstanding multi-layer due diligence as well as security checks. 

Advertisement

The economic citizenship programme of Dominica, St Kitts and Nevis are not only the oldest but also best in their services, CS Global Partners noted.  

Questions & Answers – Interview 

Welcome of the guests

Micha: CS Global are the world’s leading Government Advisory and Marketing Firm specialising in Citizenship by Investment

Interviewer – Let’s start with a brief overview of Citizenship by Investment. Micha, can you explain what CBI is and which countries offer this programme.

Micha:

  • Let’s start with a brief explanation of Citizenship by Investment – what is it? CBI is where an investment is made to acquire citizenship of a certain country. There are 13 countries offering CBI throughout the world. The basin of CBI is in the Caribbean where Antigua, Dominica, Grenada, Saint Lucia and St Kitts and Nevis.  
  • Today, we are witnessing a contemporary world marked by recurring conflict and instability; therefore, CBI is super popular amongst high net worth individuals.
  • Citizenship by Investment provides a path to benefit from a safe and stable environment to call home if need be, increase global mobility and provide financial planning. 
  • The benefits to individuals as discussed are life-changing for both the individual and or family and for the country in which an applicant successfully gains citizenship from. Housing, schools and hospitals change lives of people in small nations.

 

Interviewer – Paul, Micha has mentioned the Caribbean being the cradle of CBI. Can you please expand on this.

Paul: 

  • Certainly, the birth of CBI was in 1984 when St Kitts and Nevis launched the very first CBI programme. There are now 5 CBI programmes in the Caribbean, all differ slightly with their offerings but largely, the overall concept is similar.

Interviewer – How established are these programmes?

Paul

The programmes are very established and have stood the pace of time, look at the longevity, look at the citizenship laws in these countries which safeguard the investor, look at the investors who have for almost 4 decades now enjoyed the rights of having citizenship where their global mobility, security and opportunities for their families has changed their lives.

Interviewer – Micha, choosing one of these CBI jurisdictions from the Caribbean-which one would you suggest?

Micha

There are 2 particular islands which shine through being Dominica and St Kitts and Nevis. Reputationally, ranked no 1 as the best CBI programmes in the world in 2021 by The Financial Times CBI Index is quite an endorsement.   

  • Investors often tend to opt for the programmes that are reliable and trustworthy, and the Caribbean is a special basin of citizenship by Investment also for this reason. Established in 1984, St Kitts and Nevis CBI Programme is the longest-running, and therefore considered as the cradle of citizenship by Investment. Similarly, Dominica is also of note as a trusted option due to its longevity, both programmes being in successful existence for between 30-40 years says it all.

Interviewer – Okay, so we narrow down the actual CBI jurisdiction of your recommendation-what are the investment options?

 

Micha:

In Dominica and St Kitts and Nevis, there is the option of a donation route where funds are used by the respective Governments to improve the investors new country of choice. There is also the real estate option where Investment can be made. 

Interviewer – Very interesting Micha, Paul a question for you, which investment option do you recommend. 

Paul:

In Dominica, you have a fund option being the Economic Diversification Fund (EDF) and a Real Estate investment option. Both provides equal benefits to the investors, including application processing period and ease of the process. Investors can choose any of these two options of Dominica. 

St Kitts and Nevis also has the fund option such as Sustainable Growth Fund (SGF) as well as the Real Estate option. Both are essentially used for the same purposes as Micha explained. However, there are fundamental differences when it is the real estate of St Kitts and Nevis. Firstly, the process is longer than the SGF. One is dependent on the developer to complete the project in a timely and quality manner. 

Interviewer– If opting for real estate from Dominica or St Kitts. Is there any particular benefits of applying in one island rather than the other?

Paul:

Absolutely, in St Kitts and Nevis, real estate is quite complicated opposed to the fund option (SGF) which is secure and quick. 

Interviewer: How an investor can initiate the process of CBI Programme and how to choose a perfect agent for that?

Paul:

Investors may begin with contacting an Authorised Agent, who assists the applicant with the submission of their application, by ensuring that application forms and supporting documents are complete to the appropriate standards. The official Government websites of many Caribbean CBI jurisdictions usually include a list of the Authorised agents to facilitate the process. 

Tariq Saeed

Read More

Dubai Police conducts training for private security guards and firms to ensure safety

Dubai Police recently honoured and trained several private security guards and company officials to ensure safety and security for residents across Dubai; The different private organizations include schools, hotels, residential communities, and event venues.

Dubai Customs Foils Major Marijuana Smuggling Racket Using Advanced Detection Technology

Smugglers hid these packages inside cardboard and plastic boxes, typically used for well-known food products. By blending the illegal substance with legitimate consumer goods, the traffickers aimed to smuggle the drugs into Dubai without raising suspicion

Egypt records new 861 COVID cases, 12 deaths

The Middle East nation recorded a total of 861 additional cases of the novel coronavirus on Thursday, March 10, as per the data shared by the Ministry of Health. 

Recent

Jordan: PM Bashar Al Khasaouna meets Libyan speaker Aqila Saleh on 14 March

the bilateral meeting held between the Prime Minister of the Kingdom of Jordan, Dr Bashar Al-Khasaouna and Libyan Speaker Aqila Saleh in the House of Representatives on March 14, 2023 (Tuesday).

St Kitts and Nevis: PM Terrance Drew confirms reduction in student loan interest rates to 5%

The Prime Minister of the Federation of St Kitts and Nevis – Dr Terrance Drew, has confirmed that the interest rates on student loans have reduced from 9 (nine) to 5 (five) per cent applicable from yesterday June 1, 2023. 

‘AA8’, Dubai number plate sold for Dh35 million at an auction

A public auction of unique vehicle license plates and mobile phone numbers in Dubai has raised funds of around Dh53 million.
admin