World Migration Reports: Dominica still ranks first in Citizenship by Investment Index, ahead of Malta, Grenada, Cyprus, Turkey, Montenegro, Antigua and St. Kitts Saint Lucia.
PWM, one of the most authoritative immigration reports in the world: Dominica remains the industry leader, ranking first in the comprehensive score of nine indicators
Citizenship by Investment Index
CBI Index, standing for Citizenship by Investment Index, issued by PWM, a subsidiary of the Financial Times, to evaluate worldwide citizenship by investment programs. The CBI index is based on seven indicators in last year. PWM add two more indicators, Family Friendly and Certainty of Product, the complete nine indicators are as follows:
- Freedom of movement
- Standard of living
- Minimum investment outlay
- Mandatory travel or residence
- Citizenship timeline
- Ease of process
- Due diligence
- Family friendly
- Certainty of Product
Dominica immigrants trumps Grenada and Turkey immigrants
Grenada and Turkey are the two of the countries which signed E2 treaty with the United States. But whyDominica's Citizenship by Investment Programis still leading these two countries? Let's take a look at the ranking of passport items published by the CBI Index.
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CBI Index passport immigration ranking: Dominica (1), St. Kitts (2), Grenada (3), Saint Lucia (4), Antigua (5), Malta (7), Montenegro (8), Cyprus (8), Turkey (10)
CBI Index Passport Immigration Ranking
Dominica Citizenship by Investment Program: Best Immediate Passport Program of 2020
Dominica Citizenship by Investment
The Dominica Citizenship by Investment Program was established in 1993. The applicant's family can obtain Dominica citizenship by either donating to government funds or purchasing real estate. After naturalization, each of the family members can apply for a Dominica passport. The Dominica citizenship program has full score of 10 on mandatory travel or residence requirements , minimum investment outlay, ease of processing, Due diligence, family friendliness (Family), and certainty of product , and due to the launch of new airport and hotel projects, the government has sent a limited time discount of $25,000 to family applicants. Dominica has once again draw the worldwide riches' eyes.
The St. Kitts naturalization plan remains the second, the advantage of St. Kitts
St. Kitts and Nevis Citizenship by Investment
St. Kitts competed with Dominica for the first place in the industry all the way, but in the past three years, they have surrendered to Dominica as the second place. The main reason is thatTwo prime ministersversusScandal of its team,Developers pit investors,as well asIllegal transportation of passportsHowever, St. Kitts still maintains the passport of the most visa-free countries in the Eastern Caribbean. At present, St. Kitts still temporarily retains its second place in 2020.
Third place in the Grenada naturalization program, the advantages of Grenada
Grenada Citizenship by Investment
The Grenada investor citizenship program is inMandatory travel or residence,ease of processing,Due diligence,Family friendly (Family) four items get full marks of 10, Only Grenada isPlan stability (Certainty of Product)With only 8 points, it belongs to a relatively stable passport immigration program.
Grenada naturalization plan is not conducive to "certain" Chinese applicants
Since the restart of the Grenada project, the biggest cause of concern is that it has the convenience of an E2 visa, but due toChina and Grenada on January 10, 2019Extradition Treatytake effect, This treaty may not helpIdentity planningwithAsset segregationPeople in need.
Grenada transfers E2 to the U.S. only 4 approved per month
According to a report in 2019, Grenada’s number of E2 approvals in 2019 has grown tremendously. The number of approvals in January is equal to the number of approvals for the entire year of 2018, but in fact only 10 were approved in January 2019. Coincidentally equal to the number of the whole year in 2018 (article:link). In 2020, the average number of people in Grenada successfully approved for the US E visa is only 4 per month.
Fourth place in the naturalization program of Saint Lucia, the advantages of Saint Lucia
St. Lucia Citizenship by Investment
Saint Lucia is the only country that accepts naturalization by purchasing bonds. The main reason for its ranking is that its naturalization plan is still in a very new stage.Plan stability (Certainty of Product)Only got 6 points,Due diligenceScored 7 points, other scores are close to the Caribbean countries.
St Lucia's naturalization plan is worrying
Since 2016, the Saint Lucia citizenship by investment plan has only approved 220 to 250 applications per year on average. IMI reported: This year it has dropped to 143, and the total number of naturalized people by the end of 2020 is less than 850. The government introduced it to attract investors. A variety of donations and plans other than real estate did not seem to have improved significantly.
Antigua has immigration supervisor Vanuatu on the EU blacklist
Antigua and Barbuda Citizenship by Investment, Vanuatu Citizenship by Investment
Antigua’s citizenship by investment plan has immigration supervision, and there will be two due diligence after five years; Vanuatu is the only blacklist of all passport immigration countries that is listed as non-compliant by the European Union. If there is no special reason, there are very few The applicant chooses the immigration program of these two countries.
Others, ranked sixth to tenth
Malta, Montenegro, Cyprus, Turkey Citizenship by Investment
European immigration: Malta, Montenegro, Cyprus
The three European countries Malta, Montenegro, and Cyprus have always attracted much attention. Malta has been ranked as the world’s most golden investor naturalization program. The advantages include visa-free access to all major countries in the world (the United States, the United Kingdom, Canada, Japan, New Australia) are also members of the European Union, but they are temporarily suspended under pressure from the European Parliament (Malta and Cyprus), and Montenegro’s naturalization by investment will also be suspended early. The European Union’s immigration project CBI Index ranks among Caribbean countries The following reasons are:
- Higher investment costs: between 450,000 euros and 2.2 million euros
- Need to log in or residency requirements: all have landing requirements
- Long processing time: six months to six months
- Process convenience: the process is more complicated
- Family: Montenegro cannot bring parents of adult applicants
Reference article:Montenegro Investor Naturalization Program,versusFast immigration to Europe
Why the Turkish investor naturalization program ranks last
Turkish immigrants have become one of the most popular real estate immigration projects from 2019 to 2020. Many people take Turkey andGreece Yellow Bamboo VisaAfter comparison, I feel that Turkish immigrants can get a passport immediately, which is very advantageous, but why is the Turkish immigrants' score in the CBI Index lower than other countries? I have consolidated the opinions of the experts:
- Global taxation, personal tax up to40%
- Indispensable visa to the United Kingdom, inevitable visa to Europe (Austria, Belgium, Bulgaria, United Kingdom, Hungary, Germany, Greece, Denmark, Ireland, Spain, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Finland, France, Croatia, Czech Republic, Sweden and Estonia)
- Cannot bring parents to naturalize
- Turkey also signed with ChinaExtradition Treaty
- The Turkish lira depreciated 500% in 15 years, in 2005100 Turkish Lira = 74 USD, Only left in 2020USD 13.5, For reference, if you invested in Turkey in the previous few years, how much the principal would win
How much is 100 Turkish Lira worth in US dollars
How much is the value of the property purchased in 2018
Considering only the exchange rate changes, how much value does the house fall to?
Conclusion: Passport immigration to the Caribbean ranks in the top five, followed by European projects, Dominica passport immigration first
Eastern Caribbean countriesDominica, St. Kitts, Antigua, Grenada, and St. Lucia are former British colonies. Citizens can take passports and visa-free Britain and European countries. In addition, the Caribbean has gradually developed financial and diversified tourism industries ( referenceVideo: Building business opportunities in the United States and Canada), below is a complete ranking of the 14 most popular passport immigration programs.
Dominica passport inTax planning, Overseas shareholding, and offshore applications are particularly outstanding, so that their identity can be combined with European golden visa, electronic citizenship and other identities.Upgrade combined, This year, the program that single brothers and sisters can apply together has been added. With many advantages, Dominica will continue to bringHighest flexibility and risk control, Making it the first choice for high-asset groups.
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Dominica citizenship by investment (CBI) program
- The Dominica citizenship program was established in 1993 and is one of the oldest naturalization programs in the world.
- Passport immigrationApplicants are not required to attend the interview
- Can handle immigrants quickly: the time is about 2-3 months
- For single applicants, this is the most cost-effective plan
- Identity can be passed on permanently to the next generation
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