How to get a new passport fast in 2023

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HOW TO GET A NEW PASSPORT FAST IN 2023 By: Mikkel Thorup

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TABLE OF CONTENTS WHAT IS IMMIGRATION AND WHY DO PEOPLE IMMIGRATE

7

IS A NEW PASSPORT FOR YOU?

8

WHAT IS CITIZENSHIP BY INVESTMENT

9

WHY CITIZENSHIP BY INVESTMENT?

10

DOMINICA - HOW TO GET A SECOND PASSPORT

11

Why Dominica CBI Program?

11

What Happens In Dominica When You Buy Your Citizenship?

12

Applying For Citizenship By Investment Of Dominica

12

How To Get A Second Passport In Dominica

12

Requirements For Dominica Citizenship By Investment Program

14

Tax Considerations

14

Your Passport For Life

15

ST. LUCIA - HOW TO GET A SECOND PASSPORT

16

St. Lucia Passport

17

Benefits Of Having A St. Lucia Passport

17

What Happens In St. Lucia When You Buy Your Citizenship?

18

Requirement of Documents

19

Translation of Documents

19

Certification Of Documents

19

Including Family

19

Application Processing Time

20

Requirements For St. Lucia Citizenship by Investment Program

20

Tax Considerations

21

TURKEY - HOW TO GET A SECOND PASSPORT

22

Benefits Of Turkey Citizenship By Investment

23

Tax Implications Of Turkish Citizenship

24

Eligibility Requirements

24

About Turkey

24

How Does Turkey Citizenship By Investment Compare To Other Golden Visas

25

MALTA - HOW TO GET A SECOND PASSPORT

27

Benefits Of Maltese Citizenship

27

How It Works

28

Tax Implications Of Maltese Citizenship

29

What Is Malta Like

29

CAMBODIA - HOW TO GET A SECOND PASSPORT

30

Cambodian ‘My Second Home Program’

31

Benefits Of Cambodian Citizenship

33

Tax Implications Of Cambodian Citizenship

33

VANUATU - HOW TO GET A SECOND PASSPORT

34

Vanuatu Development Support Program

35

Tax Implications Of Vanuatuan Citizenship

36

Application Process

36

Benefits Of Vanuatu Citizenship

36

An Uncertain Future

37

ST. KITTS & NEVIS - HOW TO GET A SECOND PASSPORT

38

Why A St. Kitts And Nevis Passport

39

Who Invests In CBI Programs?

39

The Benefits Of Having A Passport From St. Kitts And Nevis

39

What Happens In St. Kitts And Nevis When You Buy Your Citizenship?

40

Investment Options

41

Sustainable Growth Fund

41

Real Estate Investment

41

Alternative Investment Option

41

Translation Of Documents

42

Certification Of Documents

43

Application Processing Time

43

Requirements For St. Kitts And Nevis Citizenship By Investment Program

43

ANTIGUA & BARBUDA - HOW TO GET A SECOND PASSPORT

45

Antigua And Barbuda

45

Why Antigua And Barbuda

46

Antigua And Barbuda Passport

46

What Are The Benefits Of Having A Passport From Antigua & Barbuda

46

What Happens In Antigua And Barbuda When You Buy Your Citizenship?

47

Requirement Of Documents

48

Including Family

48

Admission Requirements

48

Application Process

49

Requirements For Antigua And Barbuda’s Citizenship By Investment Program

49

GRENADA - HOW TO GET A SECOND PASSPORT

51

Grenada

51

Grenada Passport

52

The Benefits Of Having A Passport From Grenada

52

What Happens In Grenada When You Buy Your Citizenship?

53

Citizenship Requirement And Eligibility

53

Application Processing Time

53

Grenada Citizenship By Investment Program

53

National Transformation Fund (Ntf)

54

Translation And Certification Of Documents

55

Tax Considerations

55

MIKKEL THORUP

56

WHAT IS IMMIGRATION AND WHY DO PEOPLE IMMIGRATE For the newbie to the world of Immigration, you may be wondering what is a Second Residency, a Second Passport or Citizenship by Investment, let’s first start off with what is immigration? Immigration is moving from one country to another to live or travelling to a country for the purpose of obtaining a permanent residence there. Some of you may be thinking of your ancestors leaving Ireland, Italy and Germany early in the 20th century. Leaving behind their old home for a new home, one that they hoped would be better to raise a family, a better life without famines and fewer hardships. Families got on a boat and crossed the Atlantic Ocean to arrive on the shores of the United States of America to become American citizens. They left behind everything they knew and understood, a language they spoke, for a new country and a new life abroad. Immigrants on an ocean steamer passing the Statue of Liberty, New York City, 1887 Today, it’s really no different. People leave their home country, fly to a new country and become citizens of this new country. Simple enough, right? Wrong!

Today, countries have strict rules they enforce for people that want to come and live on their soil and call themselves citizens. There are 2 concepts here to understand. 1. Residency 2. Citizenship They are both different, they are not interchangeable; however, when you become a citizen, you can also become a resident. So, you have a small definition of what Immigration is, but how does it work today? First, you must always have a country you call home. You must be a citizen of a country, you cannot decide you don’t want to have a home country, you just want to travel around the globe and not call any one country home. The law does not allow this. You must first find a country that will allow you to become a citizen, fill out the appropriate paperwork, adhere to the new rules of the country you’ve chosen, pay the fees or buy what is necessary by the laws set out by this new country, and then you can renounce your citizenship, if you chose, of your home country. There are many countries around the world that will not allow you to have more than one citizenship, while other countries don’t care how many you have. Others ask you to renounce your citizenship but don’t follow up, so in fact, you can have more than one citizenship. This can take a few months or several years, depending on the country and the process. Okay, now that you understand what Immigration is, where do you go from here? Why are you interested in this subject?

IS A NEW PASSPORT FOR YOU? Are you a high-net-worth individual? Are you concerned about your well-being or your family’s wealth in the country where you currently live in? Are taxes crazy high where you live? Or are you fearful the

government might come along and take everything you own because you gave a donation to GoFundMe? For most of my clients, all 3 of these boxes are ticked. The other thing you might be fearful of is that your country's rules and regulations don’t align with your belief system? I see this a lot. There are other reasons why having a second passport is a really good idea. You may ask, why can’t I just rely on my current passport and if something happens or goes wrong, why can’t I just flee to another country of my choice? As 2020/2021 has shown us, that concept will not work, not now and likely not ever. Countries closed their borders to non-citizens and non-residents. People travelling the world during the last 2 years were shipped back home, whether they wanted to go or not. If you had a passport to the country you were living in at the time, they would have allowed you to stay. If you had a second passport, you could choose the country you wanted to live in. You could legally spend 6 months in 1 country and 6 months in your other country. When choosing a second passport, we also look at the freedom of the new country, their tax policies and most importantly, do you want to live there.

WHAT IS CITIZENSHIP BY INVESTMENT If you are unfamiliar with this concept, read on, I’m going to discuss what it is, and why it’s beneficial for you and the country you’ve chosen. I’m sure you’ll have hundreds of questions, and hopefully, this article on how to get a second residency or a second passport will answer some of those questions for you. If you need more questions answered and would like to work one-on-one with me on any of these crucial concepts, then read the important letter below. From there, you can fill in an application to become a Private Client HERE.

Citizenship by investment is exactly as it sounds. You will give your new country of choice either an economic contribution through a donation to the country in the form of a bond or directly to a fund, or purchase real estate approved by the government, or, a combination of both. And in return, your new country will give you a new passport/citizenship. You may be thinking, why would a country allow someone to become a citizen in exchange for cash or for purchasing real estate? Well, that’s quite simple. One of the main reasons is that smaller nations require money to enhance tourism or help with infrastructure, but how do they do that if no one new is coming to live on their island? With the money raised, these countries can fund new tourism infrastructure, which helps increase capital and bring wealth into the country. The process is complex and involves due diligence at various levels.

WHY CITIZENSHIP BY INVESTMENT? The best answer really is time. Reducing your tax bill is vitally important if you are a high-net-worth individual. The longer it takes you in the process, the more tax you will be liable for. It’s a valid and powerful concept, so if you want to protect your wealth, I would advise you to call me now, and we can talk about your options. You can have a new passport in hand in as little as 60 days using a country utilizing a fast track or as long as many months, depending on the bureaucracy of the country. Another benefit of citizenship by investment is that your initial passport may not be a particularly helpful travel document. If you can purchase a passport that is a more favourable travel document, why would you not choose this route? Let’s talk about some of the countries that offer citizenship by investment.

DOMINICA - HOW TO GET A SECOND PASSPORT Imagine your new life, having a second passport to one of the most beautiful islands in the world and being able to travel visa-free to possibly dozens of new countries around the globe and ensuring your Plan B is in place. Dominica’s nickname is ‘The Nature Isle of the Caribbean’ because almost the entire country is forested. Its national park, Morne Trois Pitons rainforest, is designated as a UNESCO World Heritage site. Dominica is a small Caribbean Island nation, nestled between Martinique and Guadeloupe and is one of the most beautiful islands in the Caribbean. Dominica attracts hundreds of thousands of tourists a year, with many who want to live on the island permanently. In 1993, Dominica legally established their Citizenship by Investment (CBI) Program to allow individuals and families to work and set up a business in the country. They have one of the world’s longest-running CBI programs, and as a former British colony and a

member of the Commonwealth of Nations, the UN, the Organization of American States, CARICOM, and other international organizations, you can feel confident that the CBI program is of the highest standards set in the world. As English is the official language, you will not be required to learn a new language, facilitating the ease of obtaining a 2nd passport in Dominica. Dominica has been named one of the world’s happiest places to live, with a high percentage of its population living to be over 100 years old. With a population of just over 72,000, making it the 10th least populated country in the world, you can live a life of peace and tranquillity, enjoying the beautiful white sandy beaches and the sunshine day in and day out.

Why Dominica CBI Program? Dominica’s Citizenship by Investment Program has been ranked as the #1 CBI initiative for five consecutive years by the CBI Index. Due to the program’s extreme due diligence, only applicants of the highest quality and reputation are eligible to be granted citizenship, which applies to all applicants over the age of 16. If you meet these requirements, this amazing island of Dominica will grant you one of the best standards of living in the region.

What Happens In Dominica When You Buy Your Citizenship? The government of Dominica realizes the role that private investment can play in helping them thrive as a country. The CBI program is an opportunity to encourage foreign direct investment that facilitates growth in the private sector. In time, this helps to create a framework of diversified, sustainable, and resilient economic structures that can respond to the realities of a highly competitive global environment. Since 1993, the government has remained firmly committed to this program and is always looking at ways to improve the quality of its offerings.

Applying For Citizenship By Investment Of Dominica We only work with the top authorized agents for Dominica CBI. Your first step is to contact us to start the process. From there, we will assist you in all of the steps to ensure that you are approved and there are no delays with processing or that your application is rejected. You can expect a wait of three months from the submission date of the application to approval.

How To Get A Second Passport In Dominica There are two routes to obtain a 2nd passport from Dominica.

First Method: Economic Diversification Fund (EDF) To qualify for Dominican citizenship through the CBI program, applicants must make a non-refundable contribution to the EDF. The cost of your donation will be determined by the number of dependents included in the application. This refers to anyone who relies on you as a primary source of income, including children. Spouses, parents or other family members may also qualify.

● Single applicant: $100,000 USD. ● Spouse of the main applicant: $50,000 USD. ● Siblings of the main applicant or of the spouse of the main applicant aged 18-25: $50,000 USD. ● Any dependant other than the spouse of the main applicant or a sibling of the main applicant or of the spouse of the main applicant aged 18-25: $25,000 USD each.

I’ll give you an example of how this works if I was to apply for this CBI and have my wife and brother as dependents, it would cost me $200,000 USD for the CBI, which is pretty cheap in comparison to others we will see here. *Legal Fees and additional expenses are not included in these Investment Options.

Second Method: Real Estate To qualify for Dominican citizenship under the real estate option of its Citizenship by Investment program, you must purchase authorized property worth at least $200,000. You must also hold your real estate for a minimum of 3 years from when you receive your citizenship if selling to a non-citizenship by investment buyer. If you are selling to another individual going through the Dominica citizenship by investment, you must wait five years before selling your property. Several Dominica citizenship programs authorized real estate projects that are currently under development in the country. They offer fractional ownership optimized specifically for CBI candidates. To officially secure an interest in a Dominican resort project in accordance with CBIU regulations, economic citizenship candidates simply make a 10% deposit towards the property and execute a sale & purchase agreement. Once approved in principle for Dominica citizenship, the investor then has seven days to pay the remaining balance of the investment. At this time, he or she will be issued an Ownership Certificate. This certificate is then presented to Dominica authorities to formally demonstrate that the approved real estate investment criteria have been fully met. Purchasing fractional ownership in a Dominica resort project accredited by the citizenship program is fast and easy, requires no maintenance or upkeep on behalf of the investor, and, based on the developer’s income and capital gain projections, will typically be expected to return enough money after five years to cover both the capital invested as well as all fees originally paid. There are also several fees associated with the real estate option that are non-recoverable, including government fees and processing fees.

Requirements For Dominica Citizenship By Investment Program There is no residency requirement whatsoever to obtain Dominica citizenship through investment and applicants are not required to visit the country at all. Once a person has acquired Dominica nationality, there is also no obligation ever to visit the island in order to maintain citizenship, and Dominica passport renewals are unconditionally available to all citizens at all times.

Tax Considerations As in all cases, I do my best to encourage my clients to look at the tax considerations first and foremost. There are other important aspects to obtaining a 2nd passport; however, replacing one high-tax country with another one is not in your best interest. Dominica has minimal taxation, with no wealth, gift, inheritance, foreign income, or capital gains tax. Dominica taxes its tax residents on their worldwide income - from within Dominica and abroad. However, you will only become a tax resident of Dominica if you spend more than 183 days a year there. Spend less than that in the country, and you will have no taxes to worry about.

Your Passport For Life A CBI Dominica passport is valid for ten years. It can be renewed for life since citizenship in the country is never revocable under any circumstances. There is no need to have a Dominica address in order to renew your passport, and you can use your primary residence elsewhere without a problem.

Conclusion Dominica has an amazing CBI program. With the state of affairs as it stands, having a Plan B is vitally important for everyone, no matter where you currently live. Email me

today, and start the process to protect you and your family, not just for today, but forever. Within 90 days, you can have a new passport in your hands to aid in your wealth protection plan, which we can also help you with. Plus, the lifestyle benefits of having dual citizenship there are well worth the small investment. With the turmoil that is in the world today, reach out to us here at Expat Money to ensure that in 90 days you have a 2nd passport to Dominica.

ST. LUCIA - HOW TO GET A SECOND PASSPORT

If you are interested in a 2nd passport you need to consider St. Lucia. In this article, we will talk about your ability to obtain citizenship by investment in St. Lucia, where the island’s beauty has earned it the nickname “Helen of the West Indies.” Obtaining citizenship in St. Lucia allows you to travel without visas to 146 countries around the globe. St. Lucia lies in the eastern Caribbean Sea, northwest of Barbados and south of Martinique. A volcanic island mostly covered in rainforest, it is famous for its twin peaks, the Pitons, and its beautiful beaches. The capital and largest port is Castries, with a population of 20,000 and roughly 185,000 people in the country.

St. Lucia Passport St. Lucia Citizenship by investment program was launched in 2015. It allows individuals and their family members to receive a second passport providing that an investment of at least $100,000 USD is made. Your passport is an official travel document issued by your government that identifies you as a citizen, certifies your nationality, and formally requests admittance and safe passage from foreign countries. A standard passport contains your full name, a photograph, place and date of birth, signature, and the passport's expiration date.

Benefits Of Having A St. Lucia Passport There are several bene ts to having a passport from St. Lucia. The main reason is visa-free travel to 146 countries, including the European Union countries, the UK, Singapore, Hong Kong and more. St. Lucia Passport is ranked 32 and offers amazing global mobility. Other benefits include the fact that there is no physical presence required & no minimum stay required. In addition:

● Attractive program and processing costs (from just $100,000+legal fees) ● Dual citizenship recognized. ● Attractive tax regime. No tax on worldwide income. ● Your entire family is eligible, including spouse, children, parents and siblings. ● Short investment period of 5 years if you invest in property or government bonds. ● Investment is required only after approval. Complete investments after receiving citizenship application approval.

What Happens In St. Lucia When You Buy Your Citizenship? For smaller nations like St. Lucia, each donation, bond, enterprise project, or real estate purchase helps to bolster the economy, with a large part of the funds accumulated being directed to enhance the tourism infrastructure, increase capital, and bring wealth into the country. CBI, or Citizenship by Investment, is a window of opportunity for investors and business owners to live and conduct their business internationally. And most importantly, it protects you and your family against any problems associated with your home country during these crazy times. Plus, having a 2nd passport allows you permanent access to that country and possibly additional countries that your original passport does not allow access to.

Investment options chart

Minimum

Donation to the National Economic Fund

Real Estate

Government Bonds

Enterprise Projects

COVID-19 Relief Bonds

From

From

From

From

From

Investment amount

$100,000

$300,000

$500,000

$1,000,000

$250,000

Return on Investment

No

Yes, 3-5%

No

Depends on the project

No

Holding period

None, it’s non-refundable Contribution

At least 5 years

At least 5 years

No

At least 5 years

Yes

No

The minimum amount is given for joint investments

This is a limited-time option

Notes

Requirement of Documents The list of documents required for citizenship by investment in St. Lucia is long and can be challenging to fill out. It is important to work with a professional with a proven track record in applying for citizenship. Our team here at Expat Money will help you to organize and apply for the documents that are required for the Citizenship by Investment Unit. We’ve found that if these documents are not done correctly, the process can take considerably longer than expected and, in the end, cost you more money than expected. Once we have fulfilled the requirements, there will then be several supporting documents needed to finalize the process.

Translation of Documents All documents must be in English. If the documents need to be translated, the translation must be done by a translator who is authorized to act professionally in this capacity. All text, seals and signatures of the original document must be translated.

Certification Of Documents Where a document is required to be produced in support of the application for citizenship by investment, it must be certified and authenticated in accordance with the law of the jurisdiction from where the document originates.

Including Family As of June 2020, the St. Lucia citizenship by Investment program allows the main applicant to include their family members in the application. That includes your spouse, all children under the age of 21 and any dependent children between 18 and 30, mentally or physically challenged dependent children and/or parents, parents and/or grandparents aged 55 or above, and siblings of the main applicant if below the age of

18, unmarried, and who’ve received consent from his or her parent or guardian to apply for citizenship by investment. A second passport from St. Lucia will be granted to each individual included in the application.

Application Processing Time To obtain a second passport through the St. Lucia citizenship by investment program you will need approximately five months. When you and I chat, we will discuss the type of program you wish to invest in. I will assist you in obtaining the correct documents, and then we will submit your application to the Citizenship by Investment Unit. When the Unit receives your application, they will proceed with a background check, and if all goes well you will be approved. At that point, you will have 60 days to make a qualifying investment and provide proof of your investment. On or about the 5th month, you will pay the passport fee, and you will obtain your Certi cate of Registration. You are now a citizen of St. Lucia. Congratulations!

Requirements For St. Lucia Citizenship by Investment Program ● Applicant must be at least 18 years old ● Have a clean criminal record ● Good health ● Pass due diligence procedures and pay the required non-refundable processing fee ● Not be on a sanctioned list or have entry restrictions or visa denial in the EU, the UK, the U.S.A. or Canada ● Make the required investment and provide detailed information and show proof of the investment

Tax Considerations Saint Lucia residents and citizens enjoy relatively relaxed tax conditions. There are no capital gains, inheritance tax, or wealth tax on worldwide income or assets.

Conclusion Having a 2nd passport from St. Lucia could possibly be the smartest thing you have ever done, especially if you are married or have a family. This is something that your children will bene t from and possibly their children to come. If you are sitting waiting for the world to get calmer and better, you may be waiting a long time. Now is the time to get a new passport. Please don’t wait. If you wait, so many things can happen. ● The price can go up (it never comes down),

● They can dismantle the program (Cyprus did it), ● They can modify the requirements (Panama did it with their Friendly Nations Visa). This will not get better, so act now. Every day we get a call regarding second residencies and second passports and those numbers are coming in faster day by day. St. Lucia has an amazing program and with our assistance here at Expat Money, you could possibly have your new passport in as little as 5 months.

TURKEY - HOW TO GET A SECOND PASSPORT

If you are interested in acquiring Turkish citizenship, there is a straightforward path to do so: purchase real estate with a value of $400,000 or more. It is important to note that in order for this purchase to qualify for granting you citizenship, it must be undertaken with this specific purpose in mind. In order to demonstrate that the purchase was undertaken for the purpose of obtaining citizenship, the deed to your property must explicitly state that this was the reason for your purchase.

The great thing about this path to citizenship is that it is remarkably simple. Just purchase the property, submit your claim to the proper authorities, and wait six months or so, and you are a Turkish citizen with the rights and privileges that entails. Though there are some requirements for your real estate purchase.

Requirements to register your real state purchase:

● A certified interpreter is required should you not be fluent in Turkish. ● Earthquake insurance is mandatory. ● A copy of your photo ID or passport is required. These documents must be notarized and translated by a certified translator for individuals not using the Latin alphabet. ● You must include two photographs of the buyer and one photo of the seller. ● And information as to the exact location of your property.

Aside from purchasing real estate, foreigners can also qualify through a $500,000 deposit in a Turkish bank. Those who choose this path must leave the funds there for a minimum of three years. Alternatively, you can invest $500,000 in a private pension fund or start a business that employs 50 people.

Benefits Of Turkey Citizenship By Investment

There are many different benefits that you can obtain by pursuing citizenship in Turkey by investment. The first is the speed at which you can acquire citizenship and a second passport. Turkey has no issues with dual citizenship, so if you are a citizen of another country that allows dual citizenship, then you have that option. Turkey is also centrally located right in the middle of Europe and Asia, so it is a great conduit for international business and a quick flight to many important destinations. You can also take advantage of visa-on-arrival programs with over a hundred different countries with your newly acquired Turkish passport. And with the Turkey Citizenship by Investment program, you can also bring your family along with you, so you don’t have to spend time apart from your loved ones. And because this program grants you Turkish citizenship, it is good forever, so you don’t have to worry about renewing your papers. Once you are a citizen you are good to go.

Tax Implications Of Turkish Citizenship Turkish residents are taxed on worldwide income, which is an important consideration when choosing to live there. They have a progressive income tax, similar to that found in the United States or Canada. There is also a sales tax, with rates from 1% to 18% depending on the product being sold. Property taxes in Turkey are relatively low, at 0.1% to 0.6%, but they do exist. You are generally considered a Turkish tax resident if you reside in Turkey for a continuous stretch of more than 183 days during the calendar year.

Eligibility Requirements There are some requirements in order to participate in this program. The requirements are as follows: ● The primary applicant must be the age of majority. ● You must make the requisite investment of $400,000 as outlined before. ● You and everyone joining you must pass a clean criminal record check. ● You must keep your investment in place for three years.

About Turkey Turkey is an incredible country to either visit or settle down in. Spanning two different continents, Turkey is an interesting mix of both new and old-world cultures.

There is incredible cuisine, amazing architecture and historical relics to enjoy, and beautiful beaches to relax on. If you’re feeling adventurous, you can unwind and be pampered in a Turkish bath or travel the country and enjoy the varied geography and different cultures. The cost of living in Turkey is very reasonable, and statistically, it is a very safe country with low rates of crime. The Turkish people are famously friendly and welcoming of foreigners, so it is easy to enjoy a rich social life. This program to grant citizenship and residency to foreign investors was first established in 2016 and has been quite popular among Russians, Ukrainians, and Gulf nations. Initially, the barrier to entry was quite high, with the required real estate investment set at a million dollars. When this failed to attract the desired investments, the minimum investment was lowered to $250,000 and just recently the price was raised to $400,000. As I’ve mentioned many times in the past, if you want to obtain a CBI, don’t wait, make the move now. It is odd to have a country lower their initial investment price; however, more often than not the prices increase, especially if the program is doing exceptionally well, as is Turkey. The Turkish Lira has been steadily depreciating vs the USD over the last ve years, going from a rate of 4:1 at the start of 2018 to over 16:1 as of June 2022. Inflation for May in Turkey was at a rate of 73.5% year on year. While inflation in Turkey has seen double-digit numbers for the last ve years, it has been accelerating rapidly as of 2022, the chickens of Erdogan’s loose monetary policy coming home to roost. This devaluation of the Turkish Lira is good news for foreign real estate investors looking to cash in on Turkey’s red-hot real estate market. Despite record inflation, Turkey still enjoys strong economic growth as it has over the last two years.

How Does Turkey Citizenship By Investment Compare To Other Golden Visas Overall, this program compares quite favourably to other golden visa schemes. First of all, you are getting citizenship within six months, whereas in most other countries you are getting only residency or a path to citizenship. Also, the investment requirements are quite soft, in terms of how long you need to stay invested. All you have to do is keep your investment in place for three years and then you have Turkish citizenship for life. That is a great deal. They requirements are: ● You must be the age of majority, although successful applicants may bring their immediate family, including dependent minors, with them ● An investment of €600,000 ($650,922 USD) for individuals who have resided in Malta for three years, or an investment of €700,000 ($759,409 USD) if you want to take the fast track and have resided in Malta for only one year ● You must donate €10,000 ($10,848 USD) to an organization that is approved by the Community Malta Agency ● You and anyone you bring with you must be in good health. Any sort of contagious disease is a deal-breaker for this program ● Clean criminal background. The Maltese government, in cooperation with INTERPOL and other police authorities, carefully screens applicants as well as any extended family who will be joining the applicant in Malta for any hint of criminal wrongdoing in their past.

MALTA - HOW TO GET A SECOND PASSPORT Benefits Of Maltese Citizenship There are countless great benefits to obtaining Maltese citizenship. For one, you will be able to travel and work anywhere in the European Union, for as long as you want. Given that the E.U. is the third-largest economic zone in the world, this offers tremendous economic opportunity. Citizens of E.U. member states have freedom of movement within the European Union, as well as the right to travel throughout the Schengen region without being subjected to I.D. checks. This also means that you have the right to live and retire anywhere within the Schengen region. So if you decide you want to settle down in the south of France or find a little place in the Italian countryside, that is your right.

In terms of Maltese citizenship specifically, you will have the right for your children to attend state schools, including Maltese University, which is state-funded and free to the end-user. As a citizen, you are also entitled to free health care at any public hospital. The Maltese Passport opens a lot of doors as it is the 7th most powerful passport in the world, where you can enjoy visa-free travel to 185 countries around the world. Or you can choose the expedited path and purchase citizenship for €750,000 ($813,652 USD) after only 12 months of residency. And if you are bringing dependents along, you need to shell out an additional €50,000 ($54,243 USD) for each of them. You also need to either rent a property that has an annual rent of at least €16,000 ($17,357 USD) OR purchase real estate valued at €700,000 ($759,409 USD). Furthermore, you cannot sell or abdicate your lease for at least five years from when you acquire citizenship.Investment Details Okay, so what sort of investments do you need to make, speci cally to take advantage of the Malta Citizenship by Investment Program? Well, the rst thing you have to do is make a nonrefundable “investment” of €600,000 ($647,583 USD) to the National Development and Social Fund. Basically, this money funds public health care, education, and that sort of thing. This is actually the discounted rate if you can prove that you have had residency in Malta for 36 months. Or you can choose the expedited path and purchase citizenship for €750,000 ($812,370 USD) after only 12 months of residency. And if you are bringing dependents along, you need to shell out an additional €50,000 ($54,158 USD) for each of them. You also need to either rent a property that has an annual rent of at least €16,000 ($17,330 USD) OR purchase real estate valued at €750,000 ($812,370 USD). Furthermore, you cannot sell or abdicate your lease for at least five years from when you acquire citizenship.

How It Works The first step in participating in the Malta citizenship by naturalization for exceptional services program is to establish residency in Malta. There is a required period of at least 12 months of residency (36 if you want the discounted investment rate) prior to the

application for citizenship, so in order to expedite the process, it is important to establish residency and get the whole thing rolling. In order to apply for the residency permit, which is valid for 36 months, you need to be physically present in Malta in order to submit your biometric data. After you get approved to reside in Malta, you then need to make a €10,000 ($10,848 USD) deposit towards the citizenship naturalization program. There is also a €5,000 ($5,424 USD) fee for the residency application, as well as an additional €1,000 ($1,084 USD) fee for each family member applying for residency alongside you.

Once you have obtained a Maltese residency card, you can then apply for Maltese Citizenship By Investment. After you receive approval for the program and have held a residency in Malta for the required period of time, you can formally apply for citizenship by investment. Once you are approved for that, you must provide documentation proving that you have fulfilled your requirements with regard to investment and residency. *Legal Fees and additional expenses are not included in these Investment Options

Tax Implications Of Maltese Citizenship There is no tax exposure simply from having Maltese citizenship, although even for non-tax-residents any income earned within Malta is subject to the Maltese income tax. If you are considered “domiciled” (living) in Malta you may be considered a tax resident. There are a number of factors that determine whether you are considered domiciled in a particular place. One big one is if you spend more than 183 days out of the year there, but there are other factors as well, like financial ties, frequency of visits, familial ties, business ties, and your intention to reside there. Malta does not have a territorial tax system, so worldwide income is taxed. Foreign capital gains are not taxed in Malta.

What Is Malta Like As an island nation, Malta has some incredible beaches and is surrounded by the Mediterranean Sea. In Malta, you can enjoy lots of outdoor activities, from snorkeling and scuba diving to walking and biking. The winters are mild owing to the moderating influence of the waters, and in general, the climate is quite sunny and delightful.

CAMBODIA - HOW TO GET A SECOND PASSPORT Cambodia is a country in southeastern Asia that borders Thailand, Vietnam, and Laos. The population is almost entirely Buddhist and is home to many famous temples, such as Angkor Wat, known as the world’s eighth wonder.

The cost of living in Cambodia is very reasonable, especially for rent, food, and domestic help. Cambodia is a fairly safe country. The homicide rate is extremely low, and the most common danger is petty theft. Most Cambodians live in rural areas practicing subsistence agriculture. Infrastructure is relatively underdeveloped, especially leaving the capital region. Nonetheless, Cambodia has a rapidly growing economy, with annual growth rates of 7.7% between 1998 and 2019. Cambodia has also bene ted greatly from Chinese involvement in its economy, attracting $2.32 billion USD in fixed-asset investment in 2021. The 1996 Cambodia Law of Nationality offered a pathway to citizenship for foreign investors who did not want to wait the typical naturalization period of seven years. There are two basic paths to citizenship by investment in Cambodia. The first is to donate a sum of $245,000 USD to the Cambodian government. The second option is to make an investment of $305,000 USD in a project which is approved by the Cambodian Development Council (CDC). This program is a direct pathway to citizenship. After only three to six months after donating to the Cambodian treasury or investing in an approved project, you should have Cambodian citizenship.

Cambodian ‘My Second Home Program’ In July of 2022, the Cambodian government launched Cambodia My Second Home Program, a ten-year investment visa. The primary requirement is an investment of $100,000 USD in government-approved real estate. This visa allows the right to reside in Cambodia for a period of up to ten years, with unlimited entries and exits from the country. In addition, it is a pathway to citizenship, which can be applied for after just ve years. In addition to securing, you the visa, this program also grants you membership in the Khmer Home Charity Association (KHCA). The KHCA is an association of accountants, lawyers, government representatives, and nancial professionals who can assist you in establishing business interests in Cambodia. They offer a one-time complimentary VIP airport pickup, and can also help you set up a bank account, and register your company before you are even in Cambodia. They can

also quickly arrange a working permit on your arrival so that you can hit the ground running, as well as arrange your real estate investment. There are a number of advantages to the My Second Home Program: ● There are no language or academic requirements ● A processing time of only fourteen days from application to approval. ● You get one year of free medical coverage bundled in with your visa.

Approximately 10,000 of these investment visas will be issued. The requirements for Cambodia’s My Second Home Program are: ● You must be from a country or region recognized by the Cambodian government ● Your application must receive approval from the Ministry of the Interior ● You must be 18 years or older ● You must make an investment of at least $100,000 USD in an approved real estate project

The application process is as follows:

● Submit the registration and application forms ● Provide copies of any academic and professional certifications you might have

● Provide copies of your driver's license or other identity documents, as well as your passport ● Submit five passport photos

● Provide copies of identity documents for any family members who will be coming with you

You also need to provide certified copies of your bank statement, proof of income, titles to any assets you may own, documentation on any companies you may own, marriage certificate, birth certificate for any dependents, proof of payment, and a clean bill of health.

Benefits Of Cambodian Citizenship As a Cambodian citizen, you would have the right to reside in Cambodia indefinitely, as well as to come and go as you please. Simply having a backup passport and the ability to start a new life in a foreign country at the drop of the hat is a valuable asset as well. Because Cambodia has a low cost of living, you should be able to live very comfortably there without having to spend very much money. The weather is warm and you don’t have to suffer through any cold winters. Cambodian culture is exotic, so by living there you would have the opportunity to expose yourself to an entirely different way of life and cultural belief system. Cambodia is also a beautiful country to explore. You can eat breakfast with a view of the Ocean, explore Buddhist temples, or go hiking through a jungle. Or take the ferry from Phnom Penh to Siem Reap and witness some spectacular views along the way. The people of Cambodia are friendly and kind, and the use of English is becoming increasingly common. Cambodian cuisine is both healthy and delicious, and the smaller sized portions make it easy to lose weight.

Tax Implications Of Cambodian Citizenship If you become a tax resident of Cambodia by spending more than 182 days there in a 12-month period, then you owe taxes to the Cambodian government on any income you earn worldwide. Non-tax residents only owe taxes on income that is sourced from within Cambodia. Technically Cambodia doesn’t have an income tax, it is instead a salary tax, and applied on a monthly basis.

This salary tax is progressive, with a top rate of 20% for a salary over 12,500,000 Cambodian riels ($3,055 USD at the time this was written). Non-residents pay a 20% tax on any Cambodian-sourced salary. One tax benefit to Cambodian citizenship is that you pay a reduced rate on rental income. Foreigners must pay 14% of gross rental income in tax to the Cambodian government, whereas Cambodian citizens only have to pay 10%. Corporate tax rates are 20% for large and medium businesses, whereas small businesses pay a progressive income tax with a top rate of 20%. There is also a VAT of 10%, although certain goods and services are excluded.

VANUATU - HOW TO GET A SECOND PASSPORT Vanuatu is an archipelago of 83 islands in the South Pacific Ocean consisting of 12,274 square kilometres (about half the size of Wales), although most of that is water.

Modern Vanuatu declared its independence from England and France in 1980, the cumulation of a long period of decolonization. Vanuatu has many tropical forests but is surprisingly tame when it comes to the biodiversity of land animals. That being said, there are a number of species indigenous to the islands, including the Vanuatu Ying fox. On the other hand, there is a wide variety of marine life, and there are even rumoured to be a few saltwater crocodiles lurking about. The climate is quite idyllic, ranging between 22 and 30 degrees centigrade. Summer lasts for nine months, and then you have a brief period of slightly cooler weather. There are three offcial languages, Bislama, English, and French, although there are an additional 113 languages indigenous to the region spoken there as well. Vanuatuan cuisine is heavily focused on fish and vegetables, and fresh fruit is widely enjoyed as well. Unfortunately, Vanuatu is plagued by natural disasters. Considered the world’s most at risk country to natural hazards, Vanuatu regularly experiences earthquakes, cyclones, landslides, and tsunamis. Vanuatu lies on the ring of fire, the meeting point of two tectonic plates, which is the underlying cause of all this activity.

Vanuatu Development Support Program The modern Vanuatu citizenship by investment program originated in 2017, but Vanuatu actually started offering golden passports as early as 1997. The latest program, known as the Vanuatu Development Support Program, offers citizenship to individuals around the world at a relatively inexpensive price. The goal of this program was to attract foreign revenue, as well as to stimulate the economy and create jobs. Vanuatu has an extremely underdeveloped economy, and the Citizenship by Investment program is the primary source of revenue for the Vanuatu government. One of the selling points of the Vanuatu Development Support Program was that anyone was welcome. However, this has created some controversy, as Vanuatu passports were allegedly sold to wanted criminals, like the Cajee brothers from South Africa who ran a Bitcoin exit scam stealing billions of dollars in cryptocurrency from investors. Other individuals with criminal histories have also managed to obtain Vanuatuan passports, like disgraced Turkish businessman Hayyam Garipoglu and Gianluigi Torzi from Italy, giving rise to questions about the ability of Vanuatu to do due diligence when it comes to vetting Citizenship by Investment applicants.

Tax Implications Of Vanuatuan Citizenship Vanuatu is a tax haven. There are no taxes on income (for individuals and for corporations, except you must pay tax on rental income), capital gains, inheritance, or gifts.

There is a VAT of 12.5% so it’s not quite perfect. A lot of the people in Vanuatu live through subsistence agriculture and fishing, so there isn’t really much point in having a modern tax system there. And actually, Vanuatu’s status as a tax haven plays an important role in its overall economy, attracting foreign investment and high-net-worth individuals who are sick of paying taxes.

Application Process The application process is fairly straightforward. With the Vanuatu Development Support Program, you are looking at a cost of between $130,000 for a single individual, to $180,000 for a family of four. You also have to demonstrate financial solvency to the tune of half a million in assets. So, once you have proven your financial solvency, you have to pass a background check. There is also a $5,000 application fee, which is non-refundable. Once you pass the check, you submit all of your documentation and apply for citizenship. You won’t have to wait long, the Vanuatu government relies heavily on its CBI program for revenue, and applications are processed very quickly. Usually, the wait is about a month or two. Once you are approved, there is a citizenship ceremony, and you get your passport. In fact, as of 2021, and because of the pandemic, you didn’t even need to go to Vanuatu for the ceremony but could do the whole thing over video conference.

Benefits Of Vanuatu Citizenship ● Vanuatu is a tax haven. There is no income tax, no corporate tax, and Vanuatu has the lowest taxes in the world. No capital gains tax. No wealth tax. Nothing.

● It is literally an island paradise. Pleasant climate, warm all year round. Great place to live. ● No residency requirements. Stay or go as you, please. Nobody cares. ● No language requirements. French and English are the dominant languages spoken there, anyway. ● Hereditary citizenship for any children you might have. ● Visa-free travel to most of the world. Historically, a Vanuatu passport gave you access to 130 countries in total. However, the E.U. has suspended this privilege since 2022. ● Minimal cost for citizenship compared to other golden visa programs.

An Uncertain Future There are some rumours about the closure of the Vanuatu citizenship by investment program. The E.U. has temporarily suspended visa-on-arrival benefits for Vanuatuan citizens on account of rumours that international fugitives have been granted Vanuatuan citizenship. The Vanuatuan government had not been doing its due diligence on vetting citizenship by investment applicants. At the moment, visa-free travel for Vanuatuan citizens to the E.U. has only been suspended until February 2023, but this backlash has threatened the survival of Vanuatu’s citizenship by investment program. Other countries are also considering revoking Vanuatuan visa-exempt privileges. So if you are counting on a Vanuatuan passport to see the world, you may want to reconsider or at least see if the efforts on the part of the Vanuatuan government to clean up their act bear fruit.

ST. KITTS & NEVIS - HOW TO GET A SECOND PASSPORT If you are looking for the ultimate island living offering a second passport, look no further than St. Kitts and Nevis. In this article, we will talk about your ability to obtain citizenship by investment in St. Kitts and Nevis, where the islanders are some of the friendliest people ever and the natural beauty, warm waters, sunny skies, and white sandy beaches draw you in. Obtain citizenship here in St. Kitts and Nevis in order to travel without visas to 156 countries around the globe.

St. Kitts and Nevis is a dual-island nation situated between the Atlantic and the Caribbean Sea. She is known for her cloud-shrouded mountains and beautiful beaches with great waves. What was once sugar plantations are now inns, luxury hotels, or atmospheric ruins. Saint Kitts is the larger of the two islands and is dominated by a dormant volcano, Mount Liamuiga, which is home to a crater lake, green vervet monkeys and hiking trails in the rainforest.

Why A St. Kitts And Nevis Passport St. Kitts and Nevis have been crowned The Best Citizenship Investment Program In the World, by Professional Wealth Management. Of the world’s 14 Citizenship By Investment programs. St. Kitts and Nevis citizenship program has secured the top place with perfect rankings in due diligence and integrity, ease and efficiency of application processing, and family-friendliness. Established in 1984, St. Kitts and Nevis (St. Christopher & Nevis) Citizenship by Investment Program is the oldest of its kind in the world. They offer citizenship to high-net-worth individuals and their families in a peaceful and prosperous part of the Caribbean, providing visa-free access to over 156 countries, including Hong Kong, Singapore, the UK, Ireland, and the Schengen area of Europe. Your passport is an official travel document issued by your government that identifes you as a citizen, certifying your nationality, and formally requesting admittance and safe passage from foreign countries. Standard passports contain your full name, a photograph, place and date of birth, signature, and the expiration date of the passport. They usually also come with visa-free benefits to some countries.

Who Invests In CBI Programs? If you think CBI is only for the wealthy, it’s not. Anyone can apply as long as they meet the requirements set out by St. Kitts and Nevis government. If you are a business owner, an investor or a digital entrepreneur, you can apply. It’s for anyone that understands the importance of protecting your wealth and your family’s wealth.

The Benefits Of Having A Passport From St. Kitts And Nevis There are several benefits to having a passport from St. Kitts and Nevis. First is that you have visa-free travel to 156 countries, including the Schengen area of Europe, the UK,

Singapore, Hong Kong and more. St. Kitts and Nevis Passport is ranked 32 and offers increased global mobility. Next, this passport is valid for life and is transferable to your descendants, which is truly amazing. And lastly, St. Kitts & Nevis does not impose any taxes on personal income, local or foreign, even if you live there full-time. Other benefits include the fact that there is no physical presence required & no minimum stay required. In addition: ● Dual citizenship recognized; ● Your entire family members are eligible, including spouse, dependent children under 30 and dependent parents or grandparents over 55; ● Speedy application processing time of 60 days for approval; ● Quick and easy 4-month processing period; And much more! Here you can find a country list that is visa-free with St. Kitts & Nevis Passports.

What Happens In St. Kitts And Nevis When You Buy Your Citizenship? We at Expat Money follow a strict due diligence process in full compliance with national legislation and international standards. The CBI helps to fund community-focused projects that drive economic growth for local people and investors. Their Platinum Standard guarantees increased mobility, sustainable investment opportunities and greater economic freedom for successful applicants.

Investment Options There are 3 ways to obtain a 2nd passport in St. Kitts and Nevis. Sustainable Growth Fund, Real Estate Investment and the newest being Alternative Investment Option.

Sustainable Growth Fund The Sustainable Growth Fund (SGF) is the most secure and straightforward route to economic citizenship in St. Kitts and Nevis. Families up to four will need an investment amount of $150,000 USD and be made directly to a government-held fund. The Sustainable Growth Fund represents the ongoing advancement of St Kitts and Nevis to realize its potential as a prospering small-island nation with an accelerating economy. Your investment will enhance your future, as well as the future of St Kitts and Nevis.

Real Estate Investment There are 2 routes available for those looking to qualify for citizenship by investing in real estate. You can invest in a pre-approved real estate development or, for a limited time only, through the purchase of a qualifying private residential property, both of which we will assist you with. The minimum real estate investment required by law is $200,000 USD (resalable after 7 years) or $400,000 USD (resalable after 5 years). The sale of qualifying private homes under the CBI program will be allowed for a limited period of two years, starting November 1st, 2020 and ending November 1st, 2022. All homes having an appraised value of more than $400,000 USD and that meet the other criteria may qualify for sale under this option. As we are now starting 2023 this option is no longer available.

Alternative Investment Option This is the newest form of investment under the St. Kitts and Nevis Citizenship by Investment Program. It facilitates investment in qualified infrastructural and other projects which are developed or will be developed by Private Enterprise Developers (PEDs) and Public Good Project Developers (PGPDs).

There will be two categories: A Public Good Project Developer (PGPD), where the State owns the asset at the end of an agreement. These projects are fully funded by the PGPD and locked in “upfront”. The minimum Unit of Investment will be $175,000 USD. All other fees will apply as per the real estate option. A Private Enterprise Developer (PED), where the built or funded asset is privately owned. In this option, the minimum Unit of Investment will be $200,000 USD and standard real estate government fees will apply. *Legal Fees and additional expenses are not included in these investment options.

Requirement Of Documents The list of documents required for citizenship by investment in St. Kitts and Nevis is long and can be challenging to fill out. It is important to work with a professional that has a proven track record in applying for your citizenship. Our team here at Expat Money will help you to organize and apply for the documents that are required for the Citizenship by Investment Unit. We’ve found that if these documents are not done correctly, the process can take considerably longer than expected and, in the end, cost you more money than expected. Once we have fullfilled the requirements, there will then be several supporting documents needed to finalize the process. These documents are to be submitted in English with an apostille stamp, which we will also assist you with.

Translation Of Documents All documents must be in English. If the documents need to be translated, the translation must be done by a translator who is authorized to act professionally in this capacity. All text, seals and signatures of the original document must be translated

Certification Of Documents Where a document is required to be produced in support of the application for citizenship by investment, it must be certified and authenticated in accordance with the law of the jurisdiction from where the document originates.

Application Processing Time To obtain a second passport through the St. Kitts and Nevis citizenship by investment program you will need approximately 3 - 4 months. When you and I chat we will discuss the type of program you wish to invest in. I will assist you in obtaining the correct documents and then we will submit your application to the Citizenship by Investment Unit. St Kitts passport application can also be accelerated for a fee through the Accelerated Application Process (AAP), which only takes 60 days.

Requirements For St. Kitts And Nevis Citizenship By Investment Program ● Submit a full application ● Have a clean criminal record ● Be in good health ● Be a high-net-worth individual ● Possess impeccable character ● Be above 18 years old ● Make a qualified investment

Conclusion Having a second passport from St. Kitts and Nevis is a smart investment and will likely be the best investment you have made for yourself and your family. Your children and grandchildren will thank you for this. As I see it, our world will not get calmer or better so it’s vitally important that we do something now to ensure our wealth is protected. It really is time to get a new passport. Please don’t wait. Here’s what can happen if you wait. The price can go up (it never comes down), they can dismantle the program (Cyprus did it), they can modify the requirements (Panama did it with their Friendly Nations Visa). This will not get better, so act now. Day in and day out my phone doesn’t stop ringing with clients wanting a second passport to St. Kitts and Nevis. They have an amazing program and with our assistance here at Expat Money, you could possibly have your new passport in as little as 60 days with a fee, or 3 - 4 months going the normal route.

ANTIGUA & BARBUDA - HOW TO GET A SECOND PASSPORT If you are interested in a second passport you need to consider Antigua & Barbuda. In this article, we will talk about your ability to obtain citizenship by investment in this beautiful country where you can visit a new beach every day of the year! Using our services at Expat Money, you can obtain citizenship here In Antigua & Barbuda to travel without visas to 160 countries around the globe.

Antigua And Barbuda Antigua & Barbuda is a sovereign island country in the West Indies lying between the Caribbean Sea and the Atlantic Ocean. The two major islands, Antigua and Barbuda are separated by around 40 km and smaller islands. The capital and largest port is St. John’s on Antigua, and Codrington on Barbuda with the population of Antigua and Barbuda today being just under 100,000 people.

Why Antigua And Barbuda Legend has it that when Christopher Columbus was near Redonda on November 11th 1493, he sighted the island and named it ‘Santa Maria de la Antigua’, supposedly after a chapel dedicated to a famous miracle-working virgin in Seville Cathedral, Spain. Antigua means ‘ancient’ in Spanish. Despite giving it a name, Columbus never actually landed on the island. Today, the island enjoys good financial services and advanced communications infrastructure that sets it apart from other destinations that offer similar Citizenship by Investment Services. The brand-new V.C Bird International Airport is a hub for international flights that arrive daily and direct from the United Kingdom, United States and Canada, servicing onward travel to the smaller islands in the region.

Antigua And Barbuda Passport Your passport is an official travel document issued by your government that identifies you as a citizen, certifying your nationality, and formally requesting admittance and safe passage from foreign countries. A standard passport contains your full name, a photograph, place and date of birth, signature, and the expiration date of the passport. Since 2013, the country of Antigua & Barbuda has been offering economic citizenship, otherwise known as Citizenship by Investment, to those foreigners who are willing to invest in the country either through a donation or by purchasing real estate.

What Are The Benefits Of Having A Passport From Antigua & Barbuda There are several benefits to having a passport from Antigua & Barbuda, the main reason is visa-free travel to 160 countries, including the Schengen area, UK, Hong and Singapore. With the UK, citizens can spend up to 180 consecutive days due to the fact that Antigua & Barbuda are part of the British Commonwealth of Nations. This is one of the privileges for citizens of Commonwealth countries. They get visa-free travel to all other Commonwealth countries. As a citizen of Antigua and Barbuda, you can use your passport to enter all countries other than OECS Countries such as Dominica, Grenada, Montserrat, St. Lucia, Saint Kitts & Nevis, St. Vincent and the Grenadines. A driver’s license or any other issued Government Identification with your place of birth may be used to travel to OECS Countries other than a passport. One of the main reasons we promote Antigua and Barbuda citizenship by investment program to our clients is because it is the most cost-efficient option among other such programs for a family of 4 or more seeking another citizenship and a second passport. The country also has a very favorable taxation system, with no wealth or personal income tax, local or foreign, even if you live here full time, and when working together we will help you create the most efficient tax strategies.

Investment Options DONATION

REAL ESTATE

CONTRIBUTION

Donation of at least US $100,000 to the National Development Fund (NDF)

Purchase of real estate, with a value of at least US $200,000 plus additional expenses

The contribution of at least US $150,000 to the University of the West Indies Fund, Is applicable to a family of 6 or more.

*Legal Fees and additional expenses are not included in these Investment Options

What Happens In Antigua And Barbuda When You Buy Your Citizenship? Simple, for smaller nations like Antigua & Barbuda, each donation or real estate purchase helps to bolster the economy, with a large part of the funds accumulated being directed to enhance the tourism infrastructure. CBI or Citizenship by Investment is a window of opportunity for investors and business owners to live and conduct their business at an international level. And most importantly, it protects you and your family against any problems associated with your home country during these crazy times. Plus, having a 2nd passport allows you permanent access to that country and possibly additional countries what your original passport does not allow access to.

Requirement Of Documents The list is long of documents required for citizenship by investment in Antigua and Barbuda and can be challenging to fill out, and it is important to work with a professional that has a proven track record in applying for your citizenship. Our team here at Expat Money will help you to organize and apply for the documents that are required for the Citizenship by Investment Unit. We’ve found that if these

documents are not done correctly, the process can take considerably longer than expected and, in the end, cost you more money than expected.

These documents are to be submitted in English with an apostille stamp, which we will also assist you with.

Including Family What my private clients love most about Antigua and Barbuda’s citizenship by Investment program is that it allows the main applicant to include their family members in the application. These can be a spouse, children below the age of 28 years old, parents/grandparents above the age of 55 years old and unmarried siblings of both – the main applicant and the spouse. A passport from Antigua and Barbuda will be granted to each individual included in the application.

Admission Requirements There are no language, history or cultural requirements for participation. You must be a law-abiding and trustworthy citizen.

Application Process Over the past several years of working with my clients to obtain a second passport through the Antigua and Barbuda citizenship by investment program, we have found that the time from start to nish is between 3 to 5 months. This gives us enough time to prepare your application, submit it to the Citizenship by Investment Unit (CIU), get a certification for naturalization and, as a result, get you Antigua and Barbuda’s citizenship. As beneficiaries of the program, you do not need to renounce your original nationality, as dual citizenship is permitted here. We will assist you with stringent due diligence and background checks. If you provide false facts or omit relevant information, be assured that your application will be denied. Once you become a citizen, you must spend at least 5 days in the country during the first five years. If you have opted for the real estate option under the CBI program, the timeline for the application will be different depending on the project you have selected. You will be

required to obtain very specific documentation, and we will work with our approved real estate developer to save time and energy.

Requirements For Antigua And Barbuda’s Citizenship By Investment Program ● The main applicant must be at least 18 years old ● Have a clean criminal record ● Good health ● Pass due diligence procedures ● Not be on a sanctioned list or have entry restrictions or visa denial in the EU, the UK, the USA or Canada If you need more questions answered about Antigua & Barbuda and how to get a second passport, and would like to work one-on-one with me, then read the important letter below. From there, you can fill in an application to become a Private Client.

Conclusion Honestly, the best thing you can do for yourself and your family is to have a second passport, especially from Antigua & Barbuda. It’s a really smart move financially and is something that your children will benefit from and their children to come. If you are sitting waiting for the world to get calmer and better, you may be waiting a long time. Now is the time to get a new passport. Please don’t wait. If you wait, so many things can happen. The price can go up (it never comes down), they can dismantle the program (Cyprus did it), and they can modify the requirements (Panama did it with their Friendly Nations Visa). This will not get better, so act now.

Every day we get a call regarding second residencies and second passports, and those numbers are coming in faster day by day. Antigua & Barbuda has an amazing program, and with our assistance here at Expat Money, you could possibly have your new passport in as little as five months.

GRENADA - HOW TO GET A SECOND PASSPORT Grenada Citizenship By Investment Program is for high-net-worth individuals interested in protecting their wealth now and in the future. Discover Grenada, Carriacou and Petite Martinique, a hidden gem with unspoiled beauty lovingly known as the Spice of the Caribbean. Grenada is a colourful nation offering unspoiled beaches and rainforests, and its economy is driven by agriculture and tourism. Grenada is the only Caribbean

Island that offers successful applicants of the citizenship program an opportunity to relocate to the US under the E2- Treaty visa.

Grenada Grenada is an island country in the West Indies in the Caribbean Sea at the southern end of the Grenadines Island chain. It is located northwest of Trinidad and Tobago, northeast of Venezuela and southwest of Saint Vincent and the Grenadines. And it had an estimated population of 112,523 in July 2020. Its capital is St.George’s. Grenada’s proximity to the Equator ensures a year-round tropical climate, with average temperatures ranging between 23 and 28 °C. Its cooling trade winds offer very comfortable conditions.

Grenada Passport The Grenada Citizenship by Investment Committee (CBIC) is the Government body responsible for overseeing the processing of applications for citizenship by investment. The CBIC assesses each application in accordance with the Grenada Citizenship by Investment Act, 2013. It then makes recommendations to the Minister, who has the final say on whether to approve, deny, or delay the granting of Grenadian citizenship. Grenada´s citizenship has quickly become known as one of the best citizenship programs in the world, offering a fast-track process where applicants can obtain a passport in 3-4 months. Grenada has won the award for best international citizenship program.

The Benefits Of Having A Passport From Grenada Enhanced global mobility – The Grenada 2nd passport grants its holder visa-free travel to 144 destinations worldwide, including the Schengen Area, Russia,the UK, and China. It is ranked as the 33rd most powerful passport in the world. Simple and quick process – The Grenada passport requirements are simple and straightforward, and there is no need for you to immigrate to Grenada or have Grenada

residency prior to applying. An investor and their families can get citizenship by investment in Grenada in approximately three months. Adding family members – The Grenada citizenship by investment program allows investors to add family members such as their spouse, dependent children below the age of 30, dependent parents & grandparents, and dependent unmarried siblings above 18 years of age.

What Happens In Grenada When You Buy Your Citizenship? The government started this CBI to create investment opportunities to attract high-net-worth investors and improve the country’s economic standing by creating substantial business, sustainable employment opportunities, and environmental security.

Citizenship Requirement And Eligibility You will need to follow these requirements. The primary applicant must:

● Be over 18 years old ● Have an outstanding character ● Be in good health ● Hold a clean criminal record ● Pass a background check ● Provide proof of funds, which must be legal income

Application Processing Time

What is great about Grenada CBI is that it is an extremely fast citizen application process. Once your application has been submitted and approved, you will be able to get your citizenship processed in as little as 90 days.

Grenada Citizenship By Investment Program The Grenada CBI program is extremely affordable, with two investment options. The Grenada National Transformation Fund (FTF) or the Pre-approved real estate project route. Here they are detailed:

National Transformation Fund (Ntf) NTF Donation

Inidividual Applicant

Main Applicant Spouse

Family of 4 family members`

Family over 4 family members

Required Contribution Amount

USD $150,000

USD $200,000

USD $200,000

USD $200,000 plus USD $25,000 per additional dependant after the 3rd dependant

*Legal Fees and additional expenses are not included in these Investment Options

NTF Donation

Inidividual Applicant

Main Applicant Spouse

Family of 4 members

Family over 4 members

Required Contribution Amount

USD $350,000

USD $350,000

USD $350,000

USD $350,000

Government Fee

USD $50,000

USD $50,000

USD $50,000

USD $50,000 plus USD $25,000 per additional dependant after the 3rd dependant

*Legal Fees and additional expenses are not included in these Investment Options

The cost of the Grenada passport through purchasing real estate is a minimum of $350,000 USD in addition to a smaller contribution amount and the aforementioned processing, application, and due diligence fees. An applicant can resell their property after 5 years of getting their citizenship, making this a great option for those who want to recoup the bulk of their investment amount.

Translation And Certification Of Documents Documents that are not written in English must be accompanied, when the application is submitted, with a certified translation into English. When a document needs to be produced to support the CBI application, then it must be certified and authenticated in accordance with the law of the jurisdiction from which the document originates.

Tax Considerations Favourable tax scheme – Grenada citizens enjoy a lax tax regime. Those who get Grenada investment citizenship are not subject to worldwide income tax, inheritance tax, or net wealth tax. Grenada does tax their tax residents if you source your income from within the territories.

Conclusion If you are a high net worth individual and are looking to set up a Plan-B option for you and your family then the Grenada Citizenship by Investment Program is for you. This

program is one of the most well-utilized wealth protection concepts that we use for our clients at Expat Money. Every day we get a call regarding second residencies and second passports and those numbers are coming in faster day by day. Grenada has an amazing program and with our assistance here at Expat Money, you could possibly have your new passport in as little as 3 months. Tax Disclaimer. Mikkel Thorup and Expat Money are not lawyers nor accountants and make no representation regarding the tax laws of any of the above-stated countries. As a reader, please be aware that you are responsible for doing your own due diligence on all information written in this blog article. I do my best to present all information as true and valid as of the time of this writing and to present the information to the best of my knowledge.

MIKKEL THORUP Mikkel Thorup is the world’s most sought-after expat consultant. He focuses on helping high-net-worth private clients to legally mitigate tax liabilities, obtain a second residency and citizenship, and assemble a portfolio of foreign investments, including international real estate, timber plantations, agricultural land and other hard-money tangible assets. Mikkel is the Founder and CEO of Expat Money™, a private consulting firm started in 2017. He hosts the popular weekly podcast, the Expat Money Show, and wrote the definitive #1-Best Selling book Expat Secrets - How To Pay Zero Taxes, Live Overseas And Make Giant Piles Of Money. He helps tons of Private Clients move offshore for freedom, privacy and autonomy right now. If you would like to work one-on-one with Mikkel on getting out of Canada or the USA, then read this important letter and fill in an application to become a Private Client, the fees are not cheap, but he promises it will be worth it.