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Citizenship by Investment

From "Suggestions to stimulate economic recovery for Bermudians once Shelter in Place ends"

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Similar to St. Kitts and Nevis (SK&N) or other citizenship plans elsewhere, whereby foreign investment instantly generates income by way of citizenship buy in program. Due to our size our rates would be higher than the SK&N plan while also fewer applicants would be potentially be granted. Say $2-4 mil for lifetime or limited citizenship along with purchase of home valued at no less than 2 mil. Limit applicants to 200. This would add direct monetary influx to all industries (restaurant and service lines) as well as paying down our debt and support for government initiatives. https://bluemina.com/citizenship-by-investment/saint-kitts-nevis/?utm_source=G_brand_ads&utm_medium=ppc&utm_campaign=9705928267&utm_content=427169638521&utm_term=&adgroupid=100899396458&network=g&device=c&gclid=EAIaIQobChMIpLGj7auL6QIVh43ICh3sGAsxEAAYASAAEgLqUPD_BwE

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Profile of Nature Lover
Posted by:Nature Lover
6 years ago
And with that each applicant has to spend a minimum of three months with different Bermudian groups or clubs to integrate into Bermuda and help Bermudians welcome others in
    Profile of Native Bermudian
    Posted by:Native Bermudian
    6 years ago
    @Nature Lover not sure how that would work but maybe a commitment to support a local charity via community service hours or donation.
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    Profile of Cory PowellCory Powell on April 28, 2020

    Current status

    proposed

    Tags

    Community development