Designed as a utopia for remote workers, and located on the Portuguese archipelago of Madeira, the world’s first official digital nomad village offers free workspace and wifi for those staying a month or more.
From offering a powerful passport and easy access to living and working in the US to low taxation, a fast-growing economy and business-friendly environment, there are multiple reasons to invest in North Macedonia’s Citizenship by Investment programme.
The newest programme on the citizenship by investment block, unveiled just as the pandemic kicked off, Egypt joins Jordan and Turkey in providing an attractive economic immigration option especially to HNWIs in the Middle East.
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As google co-founder Larry Page acquires New Zealand residency, we find out why increasing numbers of billionaires are investing in the country and what residency and citizenship options the country offers to ultra high net worth individuals.
Widely considered the pioneer and one of the world’s foremost experts in investment migration, Henley & Partners Chairman Dr. Christian H. Kaelin says the significant worldwide expansion of investment migration is simply unstoppable.
Speaking at The World Ahead Gala Dinner hosted by The Economist in Athens in July, Dr. Kaelin stated that all over the world countries have realised the importance of residence and citizenship to attract much-needed foreign direct investment, debt-free capital, talented entrepreneurs, and experienced investors.
Further accelerated by the need to alleviate the financial distress following the Covid-19 pandemic across the world, Dr. Kaelin pointed out that more and more countries are offering investment migration programmes or introducing new options, like digital nomad visas or tech visa, in order to attract highly sought-after talent and capital to support their economies and strengthen their ‘sovereign equity’.
This year, Singapore announced the launch a Tech.Pass visa programme offering tech entrepreneurs from across the world the chance to set up and operate companies in the southeast Asia trading hub. While the UAE, which has a high expatriate population, recently announced it was enhancing its Golden Visa program to grant citizenship to select individuals, such as "investors, doctors, specialists, inventors, scientists, talents, intellectuals, artists and their families”.
Dr. Kaelin coined the term ‘sovereign equity’ in 2019 in Davos to describe how investment migration has the ability to endow nations with sustainable investments in a relatively short time frame without them having to increase debt and thereby burden future generations – while gaining highly qualified and experienced entrepreneurs and investors as new residents or even citizens.
Dr. Kaelin stressed that, particularly in Europe, there is also a pressing need to introduce much more positive migration policies to manage the global refugee crisis constructively while also attracting international investors and talent. He acknowledged that although politically challenging, it also presents a tremendous opportunity for the EU.
“We need more, not less immigration of people who contribute positively to society,” he told the audience.
For the fifth consecutive year, St Kitts and Nevis has topped rankings for offering the strongest passport amongst all Caribbean nations that offer Citizenship by Investment (CBI) Programmes.
According to data from the International Air Transport Association, holders of the St Kitts and Nevis passport can travel to 157 countries. And despite the pandemic, citizens of the dual-island nation can travel to more countries than last year.
Boasting the longest-running CBI Programme worldwide, launched in 1984, St Kitts and Nevis also outranked other countries that offer the programme, including Montenegro, Turkey and Vanuatu. Globally, St Kitts and Nevis was classified as the world's 24th strongest passport, surpassing larger and more developed nations.
"We are proud to hold the position of the strongest citizenship by investment passport in the Caribbean for the fifth consecutive year," says Les Khan, CEO of St Kitts and Nevis' Citizenship by Investment Unit.
"It once again underlines the strong offering of the St Kitts and Nevis passport and Citizen By Investment programme, as well as recognising our ability to be agile and to adapt and innovate. This year, for example, introducing new alternative investment options, digitalising applications during the COVID-19 pandemic, and introducing a limited time offer, whilst continuing to apply the highest standards of due diligence."
St Kitts & Nevis Citizenship by Investment programme
Established in 1984, Saint Kitts’ CBI programme remains the ‘Platinum Standard’ of the industry. It is widely renowned in the industry for being one of the most efficient, transparent and reliable options for economic citizenship and was announced as the second best CBI Programme worldwide (just one point less than Dominica) according to the CBI Index 2020.
The fastest CIP worldwide, it is the only citizenship by investment nation to offer a secure, fast-track route. For a fee, the Accelerated Application Process (AAP) delivers a guaranteed 60-day result.
The programme is also family-inclusive, allowing for parents and grandparents of both the main applicant and spouse, above the age of 55 and 65, respectively, as well as siblings, having recently announced the inclusion of siblings in an application.
The fastest and most straightforward route to second citizenship in St Kitts and Nevis is the Sustainable Growth Fund which currently offers applicants a limited-time offer. Until January 15th, 2021, families of up to four who choose to become citizens only need to invest $150,000 instead of $195,000.
Want to learn more about this route to citizenship? Headquartered in London with 14 offices worldwide, including in Malta and the UAE, our preferred partner, Latitude, is a leading international firm in Citizenship-by-Investment and is a government-approved agent for all the programmes it offers including St Kitts & Nevis.
To find out more about the Saint Kitts & Nevis CBI Programme, read our country profile by clicking here
Whether you’re looking to second citizenship as an insurance policy for your family, a route to global mobility or an escape to permanent residency, the South Pacific island of Vanuatu could be the right second passport choice.