Recently, Canada revoked its visa-free travel facilities to citizens of St Kitts and Nevis due to concerns about its investment immigration program. A person may be granted naturalization after a minimum period of five (5) years residency in Jamaica on application following his/her … Claims to hold a British Passport can be complex and the site offers a quick, simple search to give you the answers. If the pass mark is a mere 25, would you pass with flying colours? With the success of the St. Kitts & Nevis program that has transformed the island’s economy in recent years, Antigua & Barbuda, Dominica, and Grenada have subsequently launched their own Citizenship By Investment Programs. He is a licensed immigration lawyer in good standing with a Canadian Law Society during the past 25+ years. They are seeking these passports primarily in Europe, the Caribbean and also in North America. Citizenship by Jamaican Conditions: (For the American to become Jamaican) Citizenship is based on the Jamaican Nationality Act 1962 and Constitutional Amendment Act 1993. Answer the questions below and share your results in the comments. So, which is most cost-effective? 1. Obtaining/Applying for a Birth Certificate. Real Estate Investment in Jamaica is available in both the Amazon Kindle and paper back formats. Of course, for continued success, the established programs, and any new ones will need to ensure that they comply with international standards for due diligence as well as transparency. Antigua & Barbuda Citizenship By Investment Program Program Launched: 2012 Visa-Free Travel To: 132 countries and territories Residency or Visitation Requirement to Maintain Citizenship: 5 days over 5 years Investment Requirements: Option 1: A contribution to the National Development Fund (NDF) of a minimum non-refundable amount of US$200,000. Caribbean citizenship by investment is real, legitimate, and a great option for the right person. Jamaican Citizenship by Adoption refers to the following: A non-Jamaican child who has been legally adopted in Jamaica in accordance with the Children (Adoption) Act; can claim Jamaican citizenship through either the adoptive mother or adoptive father and who must be Jamaican citizens at the time adoption occurred. If you wish to begin investing in Jamaica right now then prepare to book a plane ticket after checking the JSE Brokers listing and deciding which broker to use. Citizenship by investment in available thru their CBI/MECP program. Jamaican Citizenship by Birth refers to the following: Any person born in Jamaica prior to August 6, 1962, who was on that date a citizen of the United Kingdom and its colonies. We encourage visitors to this to consult with us on all matters regarding living, working, investing, studying or selling in Canada. The Government of St. Kitts and Nevis has a long running “ Citizenship-by-investment ” program attracting foreigners, who make a substantial contribution to the development of the country. So for a Single applicant with no dependents, the investment fee is US$250,000. Any person born in Jamaica after August 5, 1962 Proof of citizenship: Jamaican Citizenship Passport Visa Customs Certification of Documents Certificates: Birth, Death, Marriage, Police and No Impediment to Marriage Tax Payer Registration Number (TRN) Driver's Licence Fees Donation to Organisations in Jamaica Jamaican Consular Offices in Asia Motor Vehicle Imports Proof of citizenship: Those associated with the process have stated that the creation of the Residence by Investment program was at an advanced stage. Candidates for second citizenship who pass the various checks would also need to make an investment as outlined below. One of the main reasons for the super-rich setting up base in the Caribbean is that several destinations have programs to incentivize real estate investment offering residency permits and citizenship. Here are some of the reasons why I think Caribbean citizenship by investment is a solid bet. In return for substantial investments in the ‘host’ country, an investor can rapidly obtain either a residency or citizenship and thereby often a passport of that country. The documents required include but are not limited to birth certificate, adoption certificate, marriage certificate, medical certificate, employment records, bank disclosure statements, affidavit of no police record with fingerprints plus business, bank and personal references. St Kitts & Nevis Citizenship By Investment Program Launched: 1984 Visa-Free Travel To: 132 countries and territories Residency or Visitation Requirement to Maintain Citizenship: None Investment Requirements: Option 1: With the Sugar Industry Diversification Fund (SIDF) option, the level of investment is determined by the number of dependents. Not a Dream This book is not about buying or selling your dream house to which you have a deep emotional attachment; neither is it about how every Jamaican can achieve the dream of home ownership. While seeking to enjoy the economic benefits of investments made by wealthy foreigners, authorities have emphasized that the program will not result in unrestricted sale of passports to individuals without proper background and security checks. No surprise then that the Caribbean Citizenship By Investment Programs have raised millions of dollars in revenue. Welcome to Caribbean & Co. founded by Ursula Petula Barzey who enjoys traveling the Caribbean in search of the best cultural and food adventures, places to stay and live/work opportunities. Under Chapter two of the Jamaican Constitution, persons born in Jamaica and persons born outside Jamaica of Jamaican parents have an automatic right to Jamaican citizenship. He is recognized as an experienced authority on Canadian immigration matters as well as the international residence-by-investment industry through investmentimmigration.com. St Kitts and Nevis was the first Caribbean nation to offer a citizenship by investment program in 2006. Citizenship by Naturalization. The programs are also luring a growing number of super-rich applicants from China and Russia, who are seeking economic and geographic safety. A. Getting Jamaican Citizenship – Adult. Applicant's Birth Certificate; Mother’s / Father’s Birth Certificate and proof of Mother’s / Father’s Barbados Citizenship. Investors along with any family members, can directly qualify for citizenship through investment, either by making a donation or investment in real estate purchase. Claude Duncan, the vice-president for investment and promotion at JMPRO told to the Jamaica Gleaner that the discussions about launching a residency by investment … The Law. For an applicant with up to three dependents, the investment … Registering a Death Jamaica's main investment vehicle, JAMPRO, has confirmed that the Government is looking to implement a residency through investment programme. I am a Jamaican by birth and have been living in Canada since 1985. Option 1: With the Sugar Industry Diversification Fund (SIDF) option, the level of investment is determined by the number of dependents. According to a report commissioned by Arton Capital and the World Economic Forum titled Global Citizenship: Planning for Sustainable Growth, “there are many different reasons why an ultra high net worth individual might seek a second citizenship including greater stability and security, tax efficiency, ease of travel, higher standard of living, increased options for children’s education, and investment opportunities that may not otherwise be available – to name but a few.”. These include applications for citizenship: Descent. However, this proposal has won support from leaders who have been lobbying for the implementation of such a scheme. PROCEDURES The application form, Restoration of Citizenship Form R5 which is obtainable at the Jamaican High Commissions, Embassies and Consulates, the Jamaica … As far as passports go, Caribbean ones are on the rise. It’s the most valuable passport available for purchase, the best EA passport, and offers visa-free travel to 171 countries. These are then assessed by the contracted due diligence agency. Officials of JAMPRO said the country intends to avoid a situation where nations like the USA and the UK impose restrictions on its travelers due to security issues in its investment immigration program. Marriage. Getting Jamaican Citizenship – Child. JAMPRO officials have made it clear that Jamaica merely plans to offer an economic residence visa, which will be distinctly different as compared to the citizenship by investment schemes offered by other countries in the region. Despite these challenges, new programs in the Caribbean and further afield are sure to come on the market as demand is increasing from ultra high net worth individuals from China, Russia, and the Middle East. 3. Jeju Island Investment Immigration Visa- Popular Amongst Chinese Investors, DHS Investigation Reveals Instances of Favoritism and Special Access in the EB-5 Program, New Ontario Entrepreneur Stream Draw Sees 19 Invitations Issued, Prince Edward Island Immigration Draw Targets 21 Business Impact Candidates, 36 Invitations Issued Through 2 Streams In Nova Scotia Entrepreneur Draw, Quebec Entrepreneur Program Set to Lose Start-Up and Security Deposit Requirements, British Columbia Entrepreneur Draw: Province Issues 11 New Business Immigration Invitations, Dominica Plans Entrepreneur Visa to Complement Existing CIP. Austria is the gold standard of the second passport and citizenship by investment programs. With its main investment vehicle, JAMPRO confirming the government’s interest in implementing an investment immigration program, Jamaica is set to become the next Caribbean country to offer residency in exchange of investment from wealthy citizens of foreign countries. Under chapter 2 of the Constitution of Jamaica, a person born in Jamaica after 5 August 1962, or born outside Jamaica after that date to a father who is a Jamaican citizen, is automatically considered a Jamaican citizen at birth.Those born in Jamaica or born to Jamaican fathers before 5 August 1962 acquired Jamaican citizenship on that day. An applicant qualifies for Citizenship by descent where: (i) He or she was born outside of Jamaica before 6th August 1962 and was on 5th August 1962 a citizen of the United Kingdom and its Colonies; © Copyright 2019 - investmentimmigration.com - All Rights Reserved. Share with friends … Applications for Jamaican Citizenship are done in different categories. As of now, the Jamaica Labour Party has refused to take an official stand on the proposal. Parent’s Marriage Certificate; Medical: General Medical Certificate of Health from Doctor – if under sixteen (16) years of age and one of Canada’s foremost senior corporate immigration attorneys. More info on the Jamaica Stock Exchange website.. With globalization, these ultra high net worth individuals want to bypass travel restrictions and other obstacles associated with their country of birth/citizenship. QUALIFICATION The restoration of Jamaican Citizenship is applicable only to former Jamaican nationals who acquired Jamaican Citizenship by virtue of Birth, descent or adoption and subsequently renounced it. I have always held onto my Jamaican citizenship and do not want to give that up. Colin R. Singer is Managing Partner of investmentimmigration.com and immigration.ca DOCUMENTS REQUIRED FOR BARBADOS CITIZENSHIP APPLICATIONS UNDER SECTION 5(1) OF THE ACT. The Jamaica Promotions Corporation (JAMPRO), Jamaica’s main investment vehicle confirmed that cabinet will introduce a citizenship or/and residency by investment programme. With JAMPRO confirming that an investment residency program is on the anvil, opposition political parties are expected to provide their eventual support. If you wish to consult with us by telephone to address any issue, please let us know by completing the telephone consultation form on the following link Immigration Telephone Consultation Form. Suite 515 For St Kitts & Nevis, the program is projected to generate 30% of the government’s revenue in 2015 — roughly EC$200 million (approximately US$74 million). I am just wondering about the benefits and if I will have to give my Jamaican citizenship. In lieu of minimum investment of US $250,000, immigrants became eligible for a passport that enabled them to travel to more than hundred countries all over the world without onerous visa restrictions. Caribbean destinations with a Citizenship By Investment Program are competitive with all of these especially ease of travel. St Kitts Nevis Citizenship Program. H3Z 1T3. For example, Antigua & Barbuda charge a US$50,000 government fee, US$7,500 due diligence fee and US$300 for the passport. 5 island nations in the Caribbean currently operate citizenship by investment programs. If you are in Canada then you can invest in the Jamaican stock market through Mandeville Private Client Inc. of which Michael Lee-Chin is Chairman. According to the Henley & Partners Visa Restrictions Index, the Antigua & Barbuda and St Kitts & Nevis passports provide visa-free travel to 132 countries and territories including all 26 European countries in the Schengen zone. According to a recent Bloomberg article which featured Christian Kalin at Henley & Partners one of the driving forces behind the success of these programs, ultra high net worth individuals spent nearly US$2 Billion last year to purchase passports through Citizenship by Investment Programs. With the proposal set to be a part of Cabinet discussions, the residence through investment option is going to form part of the overall immigration reform being implemented by the Jamaican authorities. Although the performance of these programs varies substantially, successful programs have resulted in significant increases in foreign direct investment. In fact, according to the report titled A Shrinking World – Global Citizenship for UHNW Individuals, “the average net worth of someone who applies for a second citizenship is above US$205 million, 47% above the global average for ultra high net worth individuals of US$139 million.” The minimum net worth for an ultra high net worth individual is US$30 million. She /He was born outside Jamaica after the 5th August 1962 and whose mother/father at the date of his/her birth is/was a citizen of Jamaica by Birth, Descent or Registration by virtue of marriage to a Jamaican. See details of Grenada Citizenship … Option 2: Under the Real Estate option, an applicant would need to invest at least US$400,000 in one of the approved real estate developments. The program is expected to offer a special immigration status to individuals bringing significant investments into the island. 4999 Ste-Catherine St. W, This provides an opportunity for Caribbean governments to attract Foreign Direct Investment and diversify further their revenue stream – many still heavily dependent on tourism and bouncing back from the 2008 financial crisis. So what exactly are the requirements for the Caribbean Citizenship By Investment Programs? B. A second passport from Austria is the 4th most valuable passport in the world. Caribbean Citizenship By Investment Programs are also increasing in popularity “thanks to the lower barriers to entry offered by many Caribbean countries, such as Antigua and Dominica, where fast track programs are available, and physical residency requirements, where existent, are very low.” Some don’t even require the applicant to be present in the country to receive the passport or to maintain citizenship. Grenada Citizenship by Investment Program Program Launched: 2014 Visa-Free Travel To: 91 countries and territories Residency or Visitation Requirement to Maintain Citizenship: None Investment Requirements: Option 1: Investment of a minimum of US$250,000 in an approved real estate project. Automatic acquisition. Some of the advantages of becoming a Jamaican citizen include but are not limited to the ability to: Colin R. Singer is Managing Partner of investmentimmigration.com and immigration.ca Well, according to another report titled A Shrinking World – Global Citizenship for UHNW Individuals (also via Arton Capital) around 60% of all ultra high net worth second citizenship applicants come from countries in the Middle East. Get Updates And Stay Connected to the latest offers and news from the Caribbean. Graphic from the report titled: A Shrinking World – Global Citizenship for UHNW Individuals. Although authorities have refused to provide specific details, there is speculation that the program will involve minimum investment of around US $500,000 for a period of around 10 years. I pay my taxes and I am a good citizen. Are you considering applying for a second citizenship and looking for the best Caribbean Citizenship by Investmentprogram for you and your family? Which is the best Citizenship by Investment Program in the Caribbean overall? Ursula Petula Barzey is an award-winning digital content creator and founder of Caribbean & Co. She is passionate about all things related to the Caribbean especially Montserrat from which her family hails! $220,000 (Jamaican Dollar 12M) All conditions above need to be met. Find out more by reading our article: Saint Lucia Launches Citizenship By Investment Program. But I think it is time to apply for my citizenship in Canada. As this was less than ideal and created negative publicity, the government is now implementing new measures to safeguard the integrity of the program and revenue generated. Business or Real estate investment – Min. St Kitts and Nevis was the first Caribbean nation to offer a citizenship by investment program in 2006. Launched in 2014, Caribbean & Co. has won five travel media awards. Birth Certificate/ Certificate of Jamaican Citizenship and passport of the Jamaican National. Naturalization. In fact, there are currently four Caribbean Citizenship By Investment Programs that generate millions of revenue for their respective governments each year. St Kitts & Nevis launched the first Citizenship By Investment Program nearly 30 years ago in response to an economic downturn and offered immediate citizenship to immigrant investors. Thus, while a second citizenship and passport are attractive, the investment required is significant and so only really possible for the super-rich. General Citizenship Information. So for a Single applicant with no dependents, the investment fee is US$250,000. Completed Application R1 Form. With all four of the Citizenship By Investment Programs, there are additional fees for due diligence, government and passport processing. Jamaican Citizenship by Birth refers to the following: Any person born in Jamaica prior to August 6, 1962, who was on that date a citizen of the United Kingdom and its colonies. There are no restrictions on foreign buyers acquiring real estate in Jamaica and foreign buyers enjoy the same rights as Jamaican citizens. If you are of Jamaican parentage or grandparentage (if there’s such a word) you can apply for Jamaican citizenship for you, your partner and your children. THE ADVANTAGES FOR HAVING JAMAICAN CITIZENSHIP. ALL individuals wishing to visit the Consulate are required to make an Appointment - BOOK NOW. In 2013, the Minister of Transport and Works had suggested that Chinese investors participating in the Goat Islands project could be permitted to obtain Jamaican citizenship in the future. Under Chapter two of the Jamaican Constitution, persons born in Jamaica and persons born outside Jamaica of Jamaican parents have an automatic right to Jamaican citizenship.This is explained in the Jamaican Nationality Act.. Why become a Jamaican Citizen? Rapidly Improving Visa-Free Travel. Well, each candidate is required to complete an application and provide supporting documentation for due diligence check. For an applicant with up to five dependents, the investment fee is US$350,000 and for an applicant with six or more dependents, the investment fee is: US$450,000. (i) She / He was born outside of Jamaica before the 6th August 1962 (ii) His / Her mother or father on the 6th August 1962 became or would have, but for his/her death, become a citizen of Jamaica. The term dual citizenship means having equal connections as in responsibilities and legal obligations with two countries (Findlaw, 2018). 2. However, these programs are not without their challenges and critics with regards to transparency and the due diligence process. Option 2: A non-refundable donation of US$200,000 to the Island Transformation Fund. Dominica and Grenada passports provide visa-free travel to 91 countries and territories including all 26 European countries in the Schengen zone. Registering a Birth of a child. As recently reported, the number of ultra high net worth individuals in the Caribbean is increasing. A significant percentage of the millions generated by both programs are used to fund various development initiatives across a range of sectors through the Antigua & Barbuda National Development Fund (NDF) and the St Kitts & Nevis Sugar Industry Diversification Foundation respectively. Canada then imposed a visa restriction on St Kitts & Nevis for all 55,000 nationals. Contribution for Main applicant with up to 3 dependents – $200,000 (Jamaican Dollar 10M) OR. Birth Certificate and current passport of … Buying Process Citizenship Ceremony; How do I give up (renounce) Jamaica Citizenship; Restoration of Jamaican Citizenship; Citizenship Fees; Service Location; Forms; Laws; Can I be a citizen of two countries; Becoming a Citizen. Authorities have indicated that they are considering investment strategies that will have a bigger impact on the economy. Option 2: An investment in a designated real estate development with a value of at least US$200,000. This process involves first obtaining Grenada Permanent Residence and then applying for naturalisation as a second step. Yes, as a Jamaican national, You are eligible for a Montenegro Citizenship through investment if you meet certain conditions like buying a house/Real Estate, be at least 18 years of age and a Clean criminal record. She loves traveling the region in search of the best cultural and foodie adventures, places to stay and live/work opportunities. Montreal, Quebec The documents (either the originals or duly notarized) required to apply for Jamaican citizenship are:. Yes, foreigners can buy property in Jamaica and the Government of Jamaica welcomes investment from overseas buyers. Jamaica plans to allocate the investment to a capital fund for financing various capital-intensive projects. Additional fees would also apply for each dependent. Citizenship by Investment WhatPassport.com is a specialist UK Nationality and British Citizenship site offering an online search and assessment . While the programs are relatively similar in terms of costs, benefits and application processes, there are differences. Canada’s new investor program aimed at wealthy investors a charade, Top Migration Destination of World’s Ultra-Rich, World Investor Immigration Programs, get citizenship through investment,world investment immigration program, Investment Immigration He is a licensed immigration lawyer in good standing with a Canadian Law Society during the past 25+ years. and one of Canada’s foremost senior corporate immigration attorneys. He is recognized as an experienced authority on Canadian immigration matters as well as the international residence-by-investment industry through investmentimmigration.com. Stimulation of investment and creation of jobs are being viewed as the two biggest advantages of such a program. Citizenship by Naturalization A person may be granted naturalization after a minimum period of five (5) years residency in Jamaica on application following his/her residency through either Visa or Work Permit application. For an applicant with up to three dependents, the investment fee is US$300,000. The Vice President in charge of Investment and Promotion in JAMPRO has clarified that the authorities intend to will with immigration and citizenship agencies to avoid issues that have plagued programs offered by other nations. It is still not clear that the programme will offer only resident status or there will be also a citizenship option for the investors. Update – March 2016: Saint Lucia become the 5th Caribbean country to launch a Citizenship By Investment Program. In lieu of minimum investment of US $250,000, immigrants became eligible for a passport that enabled them to travel to more than hundred countries all over the world without onerous visa restrictions. Option 2: An investment of at least US$400,000 into one of the approved real estate projects and to be held for a minimum period of 5 years. It seems unlikely that Jamaica will offer residency in lieu of investment in its real estate sector. the number of ultra high net worth individuals in the Caribbean is increasing, Henley & Partners Visa Restrictions Index, Antigua & Barbuda National Development Fund (NDF), St Kitts & Nevis Sugar Industry Diversification Foundation, Saint Lucia Launches Citizenship By Investment Program, Exploring The Historic City Of St John’s Antigua, Bahamas Highest Ranked Caribbean Country on Quality of Nationality Index, 2 Barbados Luxury Resorts & Residential Developments. The confirmation came after speculation that the Jamaican government was in the process of creating a program similar to the ones implemented by St Kitts and Nevis, Antigua and Barbuda, Grenada, St Lucia, and other countries in the Caribbean. Which is the easiest passport to get? In fact, as reported at a recent economic citizenship conference, the money generated from the Antigua program launched just three years ago is expected to account for 25% of the government’s annual revenues. Option 3: An investment of a minimum of US$1,500,000 directly into an eligible business as a sole investor or a joint investment involving at least 2 persons in an eligible business totalling at least US$5,000,000 and each of those persons individually invests at least US$400,000. The St Kitts & Nevis program came under scrutiny last year when several Iranian nationals who had acquired passports through their program were identified as sanctions evaders. If the marriage is genuine and is not solely for the purpose of allowing you to become a citizen, then you may apply for Jamaican citizenship. Jamaican Citizenship through marriage. Read more>>. Applying for a Birth Entry Number ( you will need this to apply for a copy of your birth certificate) Getting a Marriage Certificate. Contribution to Grenada – $150,000 (Jamaican Dollar 8.2M) OR. This could see special immigration status given to wealthy foreigners who agree to make a sizable investment in the island. Revenue that will no doubt go up as in addition to stricter background checks, the investment level is expected to increase. The ans… If money is no object, this is the passport to buy. Dominica Economic Citizenship Program Program Launched: 1993 Visa-Free Travel To: 91 countries and territories Residency or Visitation Requirement to Maintain Citizenship: None Investment Requirements: Option 1: A contribution made into the Government Fund amounting to US$100,000 depending on the number of dependents included in the application. Jamaican law allows for any man or woman who is the spouse of a Jamaican national to be registered as a citizen upon application. Let’s say you were given a Jamaican citizenship test in the form of the questions posted below. Citizenship by Descent for persons born overseas of Jamaican parentage Qualification. So who are these ultra high net worth individuals purchasing second citizenships? Partner of investmentimmigration.com and immigration.ca and one of Canada ’ s foremost corporate... Fund for financing various capital-intensive projects applicants from China and Russia, who are these ultra net. The jamaican citizenship by investment or duly notarized ) required to apply for Jamaican citizenship are: processes, are. 5 island nations in the world British citizenship site offering an online search and assessment foreign direct investment in. About its investment immigration program reported, the investment fee is US $ 250,000 program! Country of birth/citizenship candidate is required to complete an application and provide supporting documentation for diligence! Citizenship option for the Caribbean citizenship by investment program in the Caribbean currently operate citizenship investment... 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