Wednesday, July 15, 2009

Comparison of Citizenship Programs

Here we made an attempt to analyze the key factors to consider when choosing between four currently existing legitimate economic citizenship programs, in Dominica and St.Kitts & Nevis, and Austria, and the Dominican Republic. Results of this brief research are presented for your attention below.


Dominica

Qualifying Investment: US$ 75,000 for single option or US$ 100,000 for family option (spouses and two minor children +US$ 15,000 for every other minor child +US$ 25,000 for every dependent child between 18 and 25 years).

Procedural Costs (application, professional, legal, due diligence and other fees and expenses): Procedural fees per application of US$ 2250; due diligence fees starting with US$ 3,000; professional and legal fees associated with the promoter’s assistance starting with US$ 25,000.

Citizenship status: Full citizenship for life, non-revocable.

Residence: Not Required

Dual Citizenship; Permitted

Nevis and St. Kitts

Qualifying Investment: Investment of US$ 350,000 or donation of US$ 200,000 to US$ 400,000 depending on the quantity of family members.

Procedural Costs (application, professional, legal, due diligence and other fees and expenses): Registration fee of US$ 35,000 for the main applicant, US$ 15,000 for each spouse and dependent child under 18 and US$ 35,000 for unmarried dependent child of the applicant between 18 and 25 years; professional and legal fees associated with the promoter’s assistance range within US$ 15,000.

Citizenship status: Full citizenship for life, non-revocable.

Residence: Not Required.

Dual Citizenship: Permitted

Austria

Qualifying Investment: Investment of at least US$ 4 million to have a reasonable chance at qualifying.

Additional Costs (application, professional, legal, due diligence and other procedural fees and expenses): Legal fees start with US$ 30,000.

Citizenship status: Full citizenship for life, non-revocable.

Residence: Not required.

Dual Citizenship: Restricted. Renunciation of foreign citizenship is required.

Dominican Republic

Qualifying Investment: None

Additional Costs (application, professional, legal, due diligence and other procedural fees and expenses): The total procedural fee is US$ 25,000.

Citizenship status: Full citizenship for life, non-revocable.

Residence: Not required.

Duel Citizenship: Permitted

Contact us at Bankertrust@gmail to get your citizenship to the Dominican Republic.