Chestertons expands market presence in the citizenship by investment program
Chestertons, renowned as the oldest and one of the most successful real estate firms in the world, is now extending its footprint in the Citizenship by Investment area. Due to the rise in the Residence and CBI program applications in the US and Canada, we’ve established our Global Citizenship Division. Since the end of 2021, the team has been working hard to come up with offers of the highest required standard.
CBI STATS IN THE RECENT YEARS
According to Investment Migration Insider, 26% of North Americans showed interest in the CBI scheme in 2021. This does not include the handful of Canadians who are also working their way to get second citizenship in beautiful destinations like Antigua and Barbuda. Some of the driving factors for this include the following:
- Physical relocation
- Restricted mobility during the pandemic
- Holding of assets and funds in a single jurisdiction
- Limitations and risks on Single Passport or Residence
For those able to access the option across North America, it has become a very necessary and well-advised long-term financial investment.
Our team at Chestertons has seen a good amount of focus around our Caribbean Citizenship by Investment offers, mostly in the areas of Antigua & Barbuda, Dominica, and St. Kitts & Nevis. In addition, Portugal and Greece have become popular European Residence options. This is likely due to the fact that our North American clientele have again realised the benefit of an excellent investment with the high-value residence attached.
THE MOST POPULAR CITIZENSHIP BY INVESTMENT PROGRAMS
In recent years, the Caribbean Passports of Grenada, Dominica, and St. Kitts are becoming increasingly popular. This is due to the introduction of donation or investment options, expedited processing, and the possibility of acquiring alternative Citizenship and Passport. The same is true with the post-Brexit UK, which also has a significant increase in Chestertons’ EU Programs, particularly in Portugal and Greece. The great thing about these programs is that they offer high-value real estate acquisitions, along with Permanent Residence.
HOW OUR TEAM ASSISTS
The Chestertons Global Citizenship team spent a good amount of time to fully establish the Global Citizen Division, getting completely involved all throughout the investor’s journey. From the initial consultation to the issuance of the desired Passport or Residence, our team will be there to make sure the transition flows smoothly. In addition, we select only the best options for our clients, providing true value and peace of mind.
We know for a fact that every client’s needs are different. As such, we have widened our offerings to ensure they will always have a solution catered to their own requirements. More than the revenue, we aim to provide high-value real estate that satisfies varying demands.
“In the last 2 years, we have observed a rising trend of our clients seeking advice on alternative residency and citizenship options to have peace of mind regarding their futures. Our Middle Eastern clientele has begun to enquire more about the Caribbean and European choices although the United Kingdom, the United States and Canada remain as our most sought-after destinations. With our global presence spanning from the Caribbean to Europe and Asia, we decided that now was the right time to offer a global citizenship consultancy service to respond better to our high net-worth clients’ needs”, explains Dennis Chan, Global Head of International Sales.
CHESTERTONS: A TOP-NOTCH COMPANY WITH CENTURIES IN SERVICE
For over 200 years in the business, Chestertons has received numerous awards from the real estate arena. With more than 120 offices in 20 countries, our company is ever since known for delivering professional property insights and unmatched real estate offers to interested parties, including investors, developers, financial institutions and corporate and public sectors.