Citizenship by Investment Flashcards

1
Q

What would be the narrative for citizenship?

A

If you have your company in a place like Ireland and benefit from their relatively low tax rate; so you can work towards one of the world’s best citizenships.
- Buying RealEstate in the Caribbean to get a citizenship by investment is a bad idea. This is not for Lifestyle real estate.
- Citizenship for citizenship sake Lifestyle for lifestyle sake.

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2
Q

Inveresting in UAE

A

People who are more entrepreneurial will find more of a multi cultural corporate vibe; the benefit being you can bring people from anywhere in the world.

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3
Q

Should you buy or not real estate for citizenship?

A

Saint Kitt and Navis (carribean), is driven by property market and people are coming there for citizenships.
You dont have to spend millions to get a residence permit like in Bahamas, caymans or Turks and Caicos for example. Be aware people are selling RE to people making fat commissions who don’t want to lose money by donations.
If you are going to put out higher levels of capital obviously to invest than the amount of the donation, then you are going to wait however long they make you wait to potentially unload it. Then you are going to face liquidity issues and what if the citizenship changes the rules making it less expensive. Thank what you spent you are stuck with the RealEstate. You bought it at 300k, and now only 200k; who’s going to buy for 300k?

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4
Q

What are the key points for lifestyle real estate?

A

“Lifestyle Real Estate should be in a place where you can actually sell it for at least what you paid for”, and hopefully keeping in mind inflation to some extent. If you want to go and live in Antigua for lifestyle’s sake, that’s fine.

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5
Q

What is important to consider?

A

What you are buying for citizenship and what you are buying for live in. Citizenship for citizenship sake lifestyle for lifestyle sake.

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6
Q

Which country has the best option for Citizenship By investment?

A

Turkey has the best option for citizenship; you buy 400k worth RealEstate you get citizenship and you can sell it after 3 years. If you do it properly you can sell that something close to you put in dollar terms in future.

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7
Q

Points to consider on RealEstate on citizenship

A

Who is going to filter out good dealers? This is not a market like USA where there is intense competition and there’s Zellwolle and everything is thoroughly analysed. It’s rather opaque. So wouldn’t you rather than take on a highly liquid investment with a terrible ROI over the course of the years and tie that capital that you have no interest in and you wouldn’t otherwise invest in. Wouldn’t you rather look at the time value of money and say rather than investing 300k I’m going to donate 100k and be done with it and know my liability is limited.

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8
Q

What are the countries popular for citizenship programs?

A

Saint Kitt and Navis (carribean), is driven by property market and people coming there for citizenships. But you dont have to spend millions to get a residence permit like in Bahamas, caymans or Turks and Caicos

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9
Q

Why Saint Kitts and Nevis is a better option for citizenship?

A

Obtaining citizenship in Saint Kitts and Nevis offers numerous advantages, such as visa-free travel to over 150 countries, including the European Union, the United Kingdom, and Ireland. Citizens also enjoy the right to live and work in the country, along with access to its healthcare and education systems. Saint Kitts and Nevis provide an appealing option for individuals seeking citizenship or residence in the Caribbean due to its accessible property market, making it a popular choice for foreign investors looking for a second passport or a new place to reside.

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10
Q

Why Saint Kitts and Nevis is a better choice for Citizenship?

A

Comparison to Other Caribbean Islands
Compared to other Caribbean islands such as the Bahamas, Caymans, and Turks and Caicos, Saint Kitts and Nevis offer a more affordable option for those seeking residence permits. While these other islands require millions of dollars for citizenship, Saint Kitts and Nevis offer a more accessible route through their property market.

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11
Q

What are the disadvantages of buying real estate for citizenship by investment?

A

If you are going to put out higher levels of capital obviously to invest than the amount of the donation, then
1- you are going to wait however long they make you wait to potentially unload it.
2- Then you are going to face liquidity issues and what if the citizenship changes the rules making it less valuable.
3- You are stuck with the RealEstate. You bought it at 300k, and now only 200 k, who’s going to buy from for 300k

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12
Q

Citizenship with donation vs Investment

A

If you are going to put out higher levels of capital obviously to invest than the amount of the donation
then you are going to wait however long they make you wait to potentially unload it.
Then you are going to face liquidity issues and what if the citizenship changes the rules making it less expensive. If that is less than what you spent you are stuck with the RealEstate. Your bought it at 300k and now only 200 k, who’s going to buy from for 300k?

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