UGLOBAL . COM 9
St Kitts & Nevis St Lucia Antigua & Barbuda Dominica Grenada
Tax residency status
Immediately on citizenship approval
Presence of 183 days Presence of 183 days Presence of 183 days Presence of 183 days
Income Tax 0 % |
0 % for non-residents & 0-30 % on global income for residents |
0 % |
0 % for non-residents & 0-30 % on global income for residents |
10-28 % on local income |
Wealth 0 % 0 % 0 % 0 % 0 %
Inheritance 0 % 0 % 0 % 0 % 0 %
Gift 0 % 0 % 0 %
Gifts may be subject to transfer tax
Gifts may be subject to transfer tax
Dividends , Interest & Royalties |
See withholding tax 0 % See withholding tax |
|
|
Included within taxable income for residents ; see withholding tax for non-residents |
Included within taxable income for residents ; see withholding tax for non-residents |
Capital Gains
0 % or 20 % if the asset is sold within 1 year of acquisition
0 % 0 % 0 % 0 %
Withholding Tax |
0 % for residents or 15 % for payments to non-residents |
0 % |
0 % for residents or 15 % for payments to non-residents |
0 % for residents or 15 % for payments to non-residents |
0 % for residents or 15 % for payments to non-residents |
HOW TO APPLY FOR A CBI PROGRAM ?
Applicants for the CBI programs must be at least 18 years old and hold a clean criminal record . The Caribbean islands conduct thorough due diligence to ensure only high-moral standing applicants can continue on with their application processes . This includes providing personal documentation such as passports , birth certificates , educational certifications and proof of funds .
Once the paperwork is complete , the originals must be submitted by a local authorized agent , as required by law , along with the associated government fees to the CBI-Unit . The typical timeframe to review an application is 2-3 months , at which point , successful applicants will receive a letter of pre-approval with instructions on how to proceed with the chosen investment option .
Upon clearance of the investment amount , the CBI-Unit will issue the certificate of citizenship and proceed with the issuance of the passports .
WHICH CBI PROGRAM IS RIGHT FOR YOU ?
Each Caribbean passport offers many similar benefits and advantages , however , each island offers distinct features which may be better suited to meet your personal needs and goals . Some benefits may be more valuable than others and each factor must be weighed and taken into consideration when choosing the right citizenship by investment program . No matter which program you choose , always do your due diligence to ensure the investment and citizenship process is legitimate and that the benefits of Caribbean citizenship are right for you and your family .
MICHELLE HAMMOND
Michelle Hammond , Offshore Circle ' s vice president , is a global citizen with years of experience in the industry . She is wellequipped to lead Offshore Circle into the future and is known for her dedication to providing excellent customer service and building relationships with clients . Offshore Circle help their clients increase their personal and financial freedom through a range of robust offshore strategies , including citizenship and residency by investment programs in Panama and around the world , as well as wealth and asset protection strategies .