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A second passport is the best protection for life, money and freedom. Obtaining a second passport offers one the legal right to live and work in the other country as a citizen. Not only can it offer more economic liberty and financial success, but it can also serve as a key to reducing taxes and protecting one's assets.
For the last 12 years, CTrustGlobal (www.ctrustglobal.com) has acquired a leading name in the industry in providing Citizenship by Investment, Residence by Investment and Second Passport programmes. It is the official site for Caribbean Trust Immigration Services and Alick Lawrence Chambers, both of which are privately owned by the umbrella group, Trust Group of Companies.
A spokesperson from the company says, "CTrustGlobal comprises a team of passionate, curious and remarkable people. We have a work-hard-no-fuss attitude and strive to give our clients a world-class experience. Client satisfaction is our motto, and that is what keeps us motivated."
The five Caribbean Islands run programmes through the Citizenship by Investment Unit (CBIU), the Government authority, which ensures only qualified applicants are accepted. The eligibility requirements may vary from one programme to the other, however the general eligibility requirements are that the main applicant must be at least 18 years old with a clean background, have an outstanding character, good health, should be financially qualified, and be able to meet one of the two investment options - either by investing in approved real estate projects or make a contribution to the country's development.
The spokesperson highlights that programmes from Dominica, Antigua and Barbuda, and St. Kitts and Nevis, provide the best time frame and are cost effective. Grenada also has a stable programme and provides more attraction for visa waiver countries. However, the recently established programme from St. Lucia does not offer the time frame as compared to the others. These programmes have also rapidly reduced investment requirements in order to attract more foreign investors.
"This is the best time to invest as the cost and time frame is attractive and Dominica accepts citizens from all over the world. They believe in dealing with the individual and not the country where they come from, and that every citizen in the world should have an equal chance as long as they meet the requirements," the spokesperson adds.
-deepa@khaleejtimes.com
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