Well, each candidate is required to complete an application and provide supporting documentation for due diligence check. 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? These include applications for citizenship: Descent. 2. Some of the advantages of becoming a Jamaican citizen include but are not limited to the ability to: Jamaican law allows for any man or woman who is the spouse of a Jamaican national to be registered as a citizen upon application. A person may be granted naturalization after a minimum period of five (5) years residency in Jamaica on application following his/her … Share with friends … 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. There are no restrictions on foreign buyers acquiring real estate in Jamaica and foreign buyers enjoy the same rights as Jamaican citizens. For an applicant with up to three dependents, the investment fee is US$300,000. Austria is the gold standard of the second passport and citizenship by investment programs. 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. Naturalization. Business or Real estate investment – Min. Completed Application R1 Form. 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. 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. St Kitts Nevis Citizenship Program. Citizenship by Investment WhatPassport.com is a specialist UK Nationality and British Citizenship site offering an online search and assessment . Colin R. Singer is Managing Partner of investmentimmigration.com and immigration.ca 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. Let’s say you were given a Jamaican citizenship test in the form of the questions posted below. The documents (either the originals or duly notarized) required to apply for Jamaican citizenship are:. PROCEDURES The application form, Restoration of Citizenship Form R5 which is obtainable at the Jamaican High Commissions, Embassies and Consulates, the Jamaica … THE ADVANTAGES FOR HAVING JAMAICAN CITIZENSHIP. 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. Registering a Death 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. A. 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. Citizenship by Descent for persons born overseas of Jamaican parentage Qualification. These are then assessed by the contracted due diligence agency. ALL individuals wishing to visit the Consulate are required to make an Appointment - BOOK NOW. Contribution to Grenada – $150,000 (Jamaican Dollar 8.2M) OR. For example, Antigua & Barbuda charge a US$50,000 government fee, US$7,500 due diligence fee and US$300 for the passport. However, this proposal has won support from leaders who have been lobbying for the implementation of such a scheme. 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: A non-refundable donation of US$200,000 to the Island Transformation Fund. He is a licensed immigration lawyer in good standing with a Canadian Law Society during the past 25+ years. She loves traveling the region in search of the best cultural and foodie adventures, places to stay and live/work opportunities. 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. 4999 Ste-Catherine St. W, It’s the most valuable passport available for purchase, the best EA passport, and offers visa-free travel to 171 countries. 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. 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. Getting Jamaican Citizenship – Adult. The Jamaica Promotions Corporation (JAMPRO), Jamaica’s main investment vehicle confirmed that cabinet will introduce a citizenship or/and residency by investment programme. 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. Proof of citizenship: Revenue that will no doubt go up as in addition to stricter background checks, the investment level is expected to increase. Birth Certificate/ Certificate of Jamaican Citizenship and passport of the Jamaican National. The term dual citizenship means having equal connections as in responsibilities and legal obligations with two countries (Findlaw, 2018). However, these programs are not without their challenges and critics with regards to transparency and the due diligence process. 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. 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. 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. Contribution for Main applicant with up to 3 dependents – $200,000 (Jamaican Dollar 10M) OR. 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. Which is the easiest passport to get? Automatic acquisition. DOCUMENTS REQUIRED FOR BARBADOS CITIZENSHIP APPLICATIONS UNDER SECTION 5(1) OF THE ACT. 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. The programs are also luring a growing number of super-rich applicants from China and Russia, who are seeking economic and geographic safety. So for a Single applicant with no dependents, the investment fee is US$250,000. The program is expected to offer a special immigration status to individuals bringing significant investments into the island. I have always held onto my Jamaican citizenship and do not want to give that up. Launched in 2014, Caribbean & Co. has won five travel media awards. Recently, Canada revoked its visa-free travel facilities to citizens of St Kitts and Nevis due to concerns about its investment immigration program. If the pass mark is a mere 25, would you pass with flying colours? 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. 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). The ans… Citizenship by investment in available thru their CBI/MECP program. 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. A second passport from Austria is the 4th most valuable passport in the world. B. Graphic from the report titled: A Shrinking World – Global Citizenship for UHNW Individuals. 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. For an applicant with up to three dependents, the investment … 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. Dominica and Grenada passports provide visa-free travel to 91 countries and territories including all 26 European countries in the Schengen zone. 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. I pay my taxes and I am a good citizen. He is a licensed immigration lawyer in good standing with a Canadian Law Society during the past 25+ years. 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. So for a Single applicant with no dependents, the investment fee is US$250,000. Stimulation of investment and creation of jobs are being viewed as the two biggest advantages of such a 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. Canada then imposed a visa restriction on St Kitts & Nevis for all 55,000 nationals. As far as passports go, Caribbean ones are on the rise. Citizenship by Naturalization. So what exactly are the requirements for the Caribbean Citizenship By Investment Programs? Option 1: With the Sugar Industry Diversification Fund (SIDF) option, the level of investment is determined by the number of dependents. Get Updates And Stay Connected to the latest offers and news from the Caribbean. 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! 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. Update – March 2016: Saint Lucia become the 5th Caribbean country to launch a Citizenship By Investment Program. Find out more by reading our article: Saint Lucia Launches Citizenship By Investment Program. Those associated with the process have stated that the creation of the Residence by Investment program was at an advanced stage. 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. Any person born in Jamaica after August 5, 1962 Proof of citizenship: If money is no object, this is the passport to buy. 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.”. 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