Bluemina: Strong Relationship with Governments

Jun 10th, 2020
Bluemina Strong Relationship with Governments

It was 23 years ago that Bluemina was founded by Mr. Wasim Daoud to become one of the leading Citizenship and Residency by Investment firms in the MENA region. Bluemina primarily specialized in the Canadian Immigration Program, catering to Middle Eastern families who are looking to immigrate to Canada in search for a brighter and a more stable future.

As years went by, Bluemina realized the need to offer families with programs that gives them the same benefits of immigration but without the need to physically relocate; more practical and budget friendly programs that grants families a second passport from the comfort of their own home. This is when the firm started specializing in Caribbean Commonwealth and European Citizenship by Investment and Permanent Residence programs.

In order for Bluemina to extend top notch services, the firm acknowledged the importance of building solid and strong relationships with governments all over the world.  Bluemina became an International Marketing Agent (IMA) for both Saint Kitts and Saint Lucia Citizenship by Investment Program in 2017 and 2018 respectively; this accreditation has been renewed every year since then.

But what does being an International Marketing Agent (IMA) really mean?

According to government regulations, an investor can not submit their citizenship application on their own, they are only able to do so through an authorized entity. In this case, an investor will reach out to Bluemina, whose team of expert advisors will consult the investor on the program most suited for them. Afterwards, Bluemina’s experienced processing team will submit the citizenship application on behalf of the client to the respective government unit.

Having said that, being an IMA enables Bluemina to serve its client with complete professionalism and transparency, granting them their second passport in a fast, smooth and swift manner, and with a high success rate that is close to a 100%.

Saint Lucia Citizenship by Investment Program

Saint Lucia Citizenship by Investment was established in 2015, allowing investors to obtain a second passport through either a real estate investment or a non-refundable, onetime contribution to the government.

Saint Lucia Citizenship by Investment Unit made significant changes to its program in lights of the COVID-19 outbreak, offering discounted prices and a simplified application process. The Government reduced the donation requirement from $165,000 to $140,000 for a main applicant and a spouse and from $190,000 to $165,000 for a family of 4.

Also, Saint Lucia Citizenship by Investment Unit introduced a new offer; the Covid Relief Bonds, also referred to as The Corona Fund, investment path. Under this scheme, investors can enjoy a 50% reduction on the investment requirement and resell the bonds after 5 years.

Saint Kitts Citizenship by Investment Program

Among Investors, Saint Kitts and Nevis Citizenship by Investment Program is one of the most popular programs of its kind given its many benefits that were touched on in our previous articles. Saint Kitts and Nevis offers two investment paths: either a $150,000 onetime nonrefundable contribution to the Island’s Sustainable Growth, or a $200,000 investment in a government-approved real-estate property.

Saint Kitts and Nevis Citizenship program is known for its rigorous due diligence process and has been highly favored among investors since it’s the first ever and most established citizenship by investment program worldwide; launched in 1984.

Also, Mr. Wasim’s strong relationship with the Island’s Prime Minister, Dr. Timothy Harris and the CEO of the Citizenship by Investment Unit, Mr. Les Khan, keeps the firm on top of all program’s updates, allowing Bluemina to better serve our clients.

Mr Wassim with Saint Kitts and Nevis Prime Minister, Dr. Timothy Harris

There has been speculations of Saint Kitts and Nevis Citizenship by Investment Unit to soon release a St Kitts & Nevis COVID relief fund … but will this really be the case? Or will the government offer new incentives to attract foreign investment?

Keep an eye on our blog page where we regularly share program updates and news. In the meantime, please feel free to reach out to any of our 7 offices to have one of our expert advisors further assist you and address all your questions.