CS Global Partners — Promoting business opportunities for Indians – News

Paul Singh, Director, CS Global Partners

Published: Mon Sep 12, 2022 2:47 PM

Last update: Mon Sep 12, 2022 5:18 PM

How CS Global partners are promoting business opportunities for Indians who want to explore overseas opportunities through Citizenship by Investment.

CS Global Partners is mandated by the governments of the Commonwealth of Dominica, Saint Kitts and Nevis and Saint Lucia to promote their Citizenship by Investment (CBI) programs. So, if a High Net Worth Indian (HNWI) chose to invest in a CBI program from one of these countries, they would benefit from increased mobility that would help them expand their access to a range of global markets. CBI offers investors the added benefit of being a citizen of a country whose stable currency is pegged to the US dollar. This makes all the difference for astute entrepreneurs, as they can then make investment plans and reap the benefits without worrying too much about future shocks to the global economic system. In such an environment, opportunities abound while decision-making becomes much easier and much less stressful.

How International Investment Opportunities Benefit HNWIs for Higher Returns and Tax Benefits

Indian HNWIs are increasingly investing overseas. Over the years, total remittances from Indian citizens falling into this category have increased threefold from $4.6 billion in 2014 to $13.7 billion in 2019. Although several reasons contribute to the overseas investments, the basic incentives are the rate of return. , stable currency, investment policy and tax advantage. Indian HNWIs mainly invest in CBI to set up shop in another country, set up a second home and take advantage of the booming real estate market.

Education abroad has always been an important part of investment for many Indian families. St. Kitts and Nevis has transformed its CBI program and is ranked number one in the world by PWM magazine, a publication of ‘The Financial Times’. The robust procedures built into the program have allowed them to maintain a platinum mark and ensured them a significant share in major markets around the world.

Education in Saint Kitts and Nevis

The country’s literacy rate is near perfect at 98%, as education in Saint Kitts and Nevis is free and compulsory for the first 12 years. The overall enrollment of pupils in primary school is 83% and 91% for secondary school. St. Kitts and Nevis is home to some of the most reputable and sought after medical institutions in the region:

  • The University of Medicine and Health Sciences (also known as UMHS) is a for-profit Caribbean medical school located in Trinity, St Kitts. UMHS is accredited by the St. Kitts and Nevis Accreditation Council, a recognized accrediting agency listed in the FAIMER directory of organizations that recognize/accredit medical schools. It is also affiliated with more than 20 hospitals in the United States, where graduates can complete elective rotations across the country.
  • Ross University School of Veterinary Medicine is located in Trinity, St. Kitts. The institution is accredited by the Accreditation Council of St. Kitts and Nevis and the Board of Education of the American Veterinary Medical Association.
  • The Medical University of the Americas (MUA) is a Caribbean medical school located on the island of Nevis. It is accredited by the Saint Kitts and Nevis Accreditation Council and graduates are eligible for licensure within the Federation. MUA is also accredited by the Commission on Accreditation of Medical Schools.
  • The University of Windsor School of Medicine is located in St. Kitts and confers the degree of Doctor of Medicine (MD) to its graduates. It is currently accredited by the Saint Kitts and Nevis Accreditation Council.

Most investors find it worth buying property abroad rather than spending money on rent for the duration of their children’s stay. After graduation, the investment becomes one that offers good rates of return or becomes a vacation home.

How CBI transforms investment diversification options for HNWIs

The CBI allows HNWIs and their families to qualify as citizens of another nation if they make a financial commitment to that territory, usually through a contribution to a government fund. An HNWI is motivated to seek alternative citizenship for personal safety, overall quality of life, economic opportunity, global mobility, and financial freedom.

According to the World Citizenship Report 2022, which assesses 187 countries against the five motivators of strong relevance among HNWIs, economic opportunity was weighted at 25%, global mobility at 15% and financial freedom at 10%. (safety and security). and quality of life were each weighted at 25%).

A CBI HNWI investment is often channeled by the government into health and education, segments that perform exceptionally well in Caribbean territories, so much so that their social development indicators are comparable to or even better than those of wealthy countries. Europe, East Asia, Australasia and North America.

The financial freedom that comes with the CBI also provides a safety net against collapsing markets, hyperinflation, political instability, trade wars and currency fluctuations. In such circumstances, high net worth individuals globally need a safe haven, a place where they can safely and confidently deposit their assets and investments and embrace flexibility in business and tax planning while by being sheltered from financial and political shocks.

How Indian families and investors are improving their global mobility with CBI

The CBI can be acquired through a direct donation to a government or a personal investment in that jurisdiction in approved real estate, with the funds earmarked for the development of the country. This monetary contribution allows the investor and his family to become citizens of the said sovereign nation. In addition to providing security, economic opportunity and financial freedom, and ensuring the highest standards of living, alternative citizenship also facilitates unrestricted access to the majority of destinations in the world.

For Indian HNWIs, the greatest benefit of having alternative citizenship is that this very status exposes them to a multiplicity of international and regional business opportunities, in a multitude of markets and hubs. Such a scenario would be hard to imagine if you only have one passport, which tends to limit travel options.

For Indian investors and their families, the search for a safe and stable life ends here, with a CBI program as it paves the way for increased mobility and removes all the worries and disruptions that travel bottlenecks bring.

About Tammy N. McFarlane

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