Frequently Asked Questions:
Introduction: Although the different program descriptions cover most of the questions listed below it may be helpful to make a list of some of the more common questions. If you are in need of further clarification then please don’t hesitate to contact me.
What are the total fees involved?
There are several types of fees involved in the citizenship by investment programs outlined on this website. The types of fees are as follows: government processing fees, due diligence, passport fees, escrow fees and professional fees. Please note that these fees are separate from the investment amount needed for either non refundable contribution or for the real estate option.
- Government Processing Fees – The individual citizenship by investment units (CBIU) of each country decide how much their processing fees will be. The processing fees are for costs that the government incurs while processing your citizenship application. Additionally, the structure of the fees can range quite dramatically. For example, on the real estate programs processing fees are much higher and all of the countries charge them. On the other hand, with the non refundable donation option they range from the high end of $50,000 per applicant to no processing fees at all.
- Due Diligence Fees – Whether due diligence fees will be charged or not depends on the age of the applicant. For example, Antigua and Barbuda requires due diligence for every applicant >12 years old and the other countries require due diligence for every applicant over >16 years old. The cost of the due diligence also fluctuates per program and age of the applicants. Due diligence fees range from a low of $2000 for children to $7500 for the main applicant.
- Passport Fees – This is a fee that will be necessary to procure a passport for each successful applicant. It is relatively low and ranges from about $100 to $350 depending on the government program.
- Legal and Escrow Fees – These are standard closing costs that are needed for closing the real estate transaction (if applicable). These fees generally range from 1-2%.
- Professional Fees – Professional fees are charged by the licensed agent that represents the interests of the applicants from start to finish. Professional fees range from $15,000 to $30,000 depending on several factors. These factors include the number of dependents on each application and the complexity that is involved with the application. 50% of the agreed professional fee is due at the start of the application process and 50% is due right before submission of the fully completed application.
What is due diligence and why is it necessary?
Due diligence is the process of checking all of the information that you entered on your application. It is imperative to verify things like your identity, employment, residency and criminal history including INTERPOL. The due diligence on all of the applicants will be performed by a private agency that is chosen by the CBIU.
What is the non-refundable investment used for?
The funds from your contribution are used for economic and community development projects. The funds are directed to the development projects that are specially suited to address the local situation. For example, infrastructure to facilitate tourism, schools and medical clinics are some common development themes.
Can I submit the application myself?
None of the Caribbean citizenship by investment programs permit applicants to independently apply. Furthermore, the agency you use must be fully approved and licensed to operate by the prospective government program. It is extremely important to independently verify the validity of your chosen agent’s credentials before committing.
Is Global Travel Press a licensed agent?
Global Travel Press is in partnership with an agency that is 100% licensed and approved under each of these citizenship programs. My partners and I have a combined 20+ years of experience working with these specific Caribbean citizenship programs.
Can I save money by working directly with a licensed agent?
No, the fee structure remains the same and Global Travel Press is paid directly by the agency. If your application is not successful, I don’t get paid.
Do you have brick and mortar offices we can visit?
My partners and I have multiple office locations worldwide to assist with your application and consultation needs. Processing office locations include Hong Kong, United Arab Emirates, Panama and Latvia. Additional office locations in the Caribbean include Nevis, Antigua and Grenada.
Can my new citizenship ever be revoked?
The only way citizenship can be revoked is if it was determined that an applicant gave misleading or false information during the approval process. The citizenship rights granted are backed the constitution of the issuing country and they are 100% legit.
Will a couple in a civil union be able to apply as a married couple?
No, you must have a marriage certificate to be considered a married couple. It is advisable that you get married before beginning the application process. Additionally, same sex marriage is not permitted under these programs.
What is considered a family unit for the application?
The family unit is considered to be the main applicant plus their dependents. For application purposes dependents are considered to be the spouse, children of the main applicant and parents (with certain restrictions). Different programs offer benefits that are tailored to families with dependents. Cost savings can be significant and it is important to consider all of the options available. Brothers, sisters and other extended family are not considered to be dependents. Same sex marriage is not recognized under these citizenship programs.
Can my descendants be granted citizenship?
Newborns that are born during the application process and after citizenship is issued may receive citizenship.There may be additional processing fees involved please inquire for details.
I have children from a previous marriage can I include them on the application?
Yes, this is usually possible. However, it requires additional documentation including a certified letter of authorization from the other biological parent reflecting their approval.
What is your refund policy?
If the application is rejected then it is our policy to refund 50% of the professional fees. However, this is only if the application was denied for reasons other than misrepresentation. For example, if the applicant lies about their criminal history then there is no refund. It is very important to be upfront about any issues on the application and we can work with the CBIU to resolve the issue. If the applicant is completely honest then we are almost always successful at getting the application approved.
How long is the passport valid before it needs to be renewed?
If your application is successful then citizenship is for life. Passports are usually issued for 10 years validity for adults and 5 years for children. Currently the only exception is Antigua and Barbuda who issues passports for only 5 years validity. After expiration the passport can be renewed with the respective governments. We are able to assist with passport renewal if that is your preference.
If my passport or certificate of naturalization is lost or stolen can it be replaced?
Yes. It is required that you obtain a police report/statement which validates your claim. This documentation along with fees, photos and written request for reissue must then be submitted to the respective government authority. Global Travel Press can assist with the process if necessary.
Does my police background check need to be from both my country of original citizenship and residency?
Yes, the criminal background check is for all countries that you have resided in and also country of original citizenship. It is helpful if you have resided in the same place for a significant amount of time.
Can I renounce my previous citizenship after I have received my new passport?
Yes, it is permitted under these programs to renounce after you have been issued your new citizenship. However, it is not required under the programs because dual citizenship is allowed.
Is an interview required as part of the approval process?
No, although the respective government approval committees can require one at their sole discretion. It is worth noting that in recent years all of the CBIUs have discontinued the personal interview requirement.