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Citizenship-by-Investment Updates

June 2017

Saint Lucia Delays Processing of Citizenship Applications from Iran and Syria

 

The recent communiqué from the St. Lucia Citizenship-By-Investment Unit states that applications from Iranians and Syrians will now face lengthy delays in processing due to the enhanced due-diligence procedure. Some applicants may not be able to apply due to international restrictions on wire transfers from Iran. Applications that have been submitted already are subject to delays in processing as well.

To view the full text of the memo click HERE.

Meanwhile, Iranian and Syrian passport holders are being accepted by other Citizenship-for-Investment programs, for further information on the Citizenship by Investment Programs or to schedule a complimentary consultation click here.

Saint Kitts & Nevis
60 Day Accelerated Citizenship Application Process


Saint Kitts & Nevis Government has recently introduced the Accelerated Application Process (AAP). Qualifying applications will be given the accelerated treatment from the authorities, due-diligence provider and the passport office.

Via the AAP applications will be processed in as little as 45-60 days, vs. to the standard 90-120-day processing.

Requirements:
-- To qualify for expedited procedure citizenship applications must be 100% complete. 
-- Accelerated Application Process is subject to increased processing fee of US$25,000 for main applicant and US$20,000 for each dependent above 16 yrs. (inclusive of government due diligence fees).
-- Countries that are not eligible for AAP: Iraq, Yemen, Nigeria.

Contact CSL citizenship advisors for more information on AAP procedure and eligibility.

Investor Alert: The Best Time to Invest is Now

Saint Kitts & Nevis economy is on the rise fueled by Tourism and Citizenship-by-Investment industries.

Cruise ship tourism makes for a cornerstone of St Kitts tourism business. Being able to host 4 large vessels with a total of approximately 10,000 passengers at a time, St. Kitts has established itself as one of the leading cruise destination in the Caribbean. This cruise season (2016-’17) is expected to be another record breaking season with a projected arrival of 1,125,927 passengers!

In addition, Travelocity, an American online travel agency founded by Terry Jones and owned by Sabre Corporation, with its parent organization being Expedia, has ranked St. Kitts among the top “6 Caribbean Islands You Need to Visit Now” in 2017. Read the full story here

Meanwhile, well-established Citizenship by Investment program targeted at high net worth individuals is stimulating investment in resort and residential developments and generating interest from international property buyers. 

Most reputable investors are investing their assets into Caribbean Luxury Real Estate. In January of 2016 Bill Gates, business magnate and co-founder of IT giant Microsoft Corp., has purchased the Four Seasons Resort Nevis, announcing an additional $40 million investment in resort improvements after the acquisition. Bill Gates’ purchase is clearly another powerful indicator to what is a trend of investment in the region.

Contact CSL advisors for a list of hand-picked, most viable real estate investment options.

Request a Free Caribbean Passport Comparison Guide
We are pleased to inform that CSL has just released a 2017 edition of our exclusive Caribbean Passport Comparison Guide with a comprehensive synopsis of current CBI regulations and key advantages of each of the 5 Caribbean Citizenship Programs that we are authorized to represent.

Request your free copy now!
Copyright © 2017 Corporate Solutions Ltd., All rights reserved.

CSL Headquarters:
Corporate Solutions Ltd.
Suite 201, Bayview Commercial Complex
Frigate Bay, St. Kitts, West Indies
Tel.: +1 (869) 466-2133
E-mail: csl@corporatesolutionsltd.com

Government Authorized Representative in:
St. Kitts & Nevis
Antigua & Barbuda
Dominica
Grenada
St. Lucia

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CSL · Suite 201, Bayview Commercial Complex · Frigate Bay · Saint Kitts and Nevis

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