Small Island Developing States

The Role of Citizenship in Determining Tax Residency - CBI Index

Retrieved on: 
Tuesday, March 12, 2019

LONDON, March 12, 2019 /PRNewswire/ -- Leading international tax advisory firm Ernst & Young (EY) released a report today clarifying the difference between tax residency and citizenship an important distinction to make at a time when citizenship by investment (CBI) programmes are often erroneously characterised as tax residency programmes.

Key Points: 
  • LONDON, March 12, 2019 /PRNewswire/ -- Leading international tax advisory firm Ernst & Young (EY) released a report today clarifying the difference between tax residency and citizenship an important distinction to make at a time when citizenship by investment (CBI) programmes are often erroneously characterised as tax residency programmes.
  • Three: citizenship is not a factor in qualifying a person for tax residency in a number of CBI jurisdictions, namely Cyprus, Malta, Dominica, St Kitts and Nevis, and St Lucia.
  • EY's report provides examples of how, by their own legislation and caselaw, CBI jurisdictions separate tax residency from citizenship.
  • In the Caribbean CBI jurisdictions, "it is clear that citizenship is not a relevant determinant of [tax] residency."

The Role of Citizenship in Determining Tax Residency - CBI Index

Retrieved on: 
Tuesday, March 12, 2019

LONDON, March 12, 2019 /PRNewswire/ -- Leading international tax advisory firm Ernst & Young (EY) released a report today clarifying the difference between tax residency and citizenship an important distinction to make at a time when citizenship by investment (CBI) programmes are often erroneously characterised as tax residency programmes.

Key Points: 
  • LONDON, March 12, 2019 /PRNewswire/ -- Leading international tax advisory firm Ernst & Young (EY) released a report today clarifying the difference between tax residency and citizenship an important distinction to make at a time when citizenship by investment (CBI) programmes are often erroneously characterised as tax residency programmes.
  • Three: citizenship is not a factor in qualifying a person for tax residency in a number of CBI jurisdictions, namely Cyprus, Malta, Dominica, St Kitts and Nevis, and St Lucia.
  • EY's report provides examples of how, by their own legislation and caselaw, CBI jurisdictions separate tax residency from citizenship.
  • In the Caribbean CBI jurisdictions, "it is clear that citizenship is not a relevant determinant of [tax] residency."

CS Global Partners: Business Is Thriving in St Kitts and Nevis with US$3m Boost and Citizenship Programme Support

Retrieved on: 
Monday, March 11, 2019

The financial support is important to address the problem resident business owners are said to be facing in accessing funds.

Key Points: 
  • The financial support is important to address the problem resident business owners are said to be facing in accessing funds.
  • A similar end purpose serves the Sustainable Growth Fund (SGF) under the twin-island nations Citizenship by Investment (CBI) Programme.
  • Increased foreign investment under CBI has been growing sustainably in St Kitts and Nevis due to the countrys unrivalled experience as the worlds longest-serving citizenship by investment programme.
  • CS Global Partners is the international legal advisory mandated by the Government to promote the Citizenship by Investment Programme.

SBA Extends Deadline for 2019 National Small Business Week Awards Nominations

Retrieved on: 
Tuesday, January 29, 2019

WASHINGTON, Jan. 29, 2019 /PRNewswire/ --Due to the federal government shutdown, the U.S. Small Business Administration has extended the deadline for the 2019 National Small Business Week Awards nominations.

Key Points: 
  • WASHINGTON, Jan. 29, 2019 /PRNewswire/ --Due to the federal government shutdown, the U.S. Small Business Administration has extended the deadline for the 2019 National Small Business Week Awards nominations.
  • Since 1963, National Small Business Week has recognized the outstanding achievements of America's small businesses for their contributions to their local communities, and to our nation's economy.
  • A National Small Business Week award is one of the nation's highest honors for small business achievement.
  • SBA Awards given in celebration of National Small Business Week, May 5-11, 2019, include the following:
    One from each of the 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, and Guam.

Study Show Chicago's Older Voters Considering Leaving City; Concerned About Affordability, Crime, Education

Retrieved on: 
Monday, January 28, 2019

Among the survey's key findings:

Key Points: 
  • Among the survey's key findings:
    Older adults in Chicago want the city to be a more livable, age-friendly community.
  • More than three quarters of Chicago's older adults (78%) want candidates to address the need for services for vulnerable residents.
  • To learn more about the campaign, visit: https://enoughisenough.aarp.org/
    "I bought my house in Albany Park in 1995 after years of renting in the city.
  • With nearly 38 million members and offices in every state, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, AARP works to strengthen communities.

Report - Accession of Samoa to the Interim Partnership Agreement between the European Community, of the one part, and the Pacific States, of the other part - A8-0376/2018 - Committee on International Trade

Retrieved on: 
Friday, November 23, 2018

RECOMMENDATION on the draft Council decision on the accession of Samoa to the Interim Partnership Agreement between the European Community, of the one part, and the Pacific States, of the other part

Key Points: 

RECOMMENDATION on the draft Council decision on the accession of Samoa to the Interim Partnership Agreement between the European Community, of the one part, and the Pacific States, of the other part

Opinion - Accession of Samoa to the Interim Partnership Agreement between the European Community, of the one part, and the Pacific States, of the other part - PE 628.428v02-00 - Committee on Development

Retrieved on: 
Wednesday, November 14, 2018

OPINION on the draft Council decision on the accession of Samoa to the Interim Partnership Agreement between the European Community, of the one part, and the Pacific States, of the other part

Key Points: 

OPINION on the draft Council decision on the accession of Samoa to the Interim Partnership Agreement between the European Community, of the one part, and the Pacific States, of the other part

World's Largest 3-D Printed Reef Installed at Summer Island Maldives

Retrieved on: 
Thursday, August 16, 2018

MALE, Maldives, Aug. 16, 2018 /PRNewswire/ -- The world's largest 3-D printed reef was submerged on Saturday (11 August) at Summer Island Maldives, in what is hoped could be a new technology-driven method to help coral reefs survive a warming climate.

Key Points: 
  • MALE, Maldives, Aug. 16, 2018 /PRNewswire/ -- The world's largest 3-D printed reef was submerged on Saturday (11 August) at Summer Island Maldives, in what is hoped could be a new technology-driven method to help coral reefs survive a warming climate.
  • The ceramic moulds were shipped to the Maldives, and filled with concrete on the beach at Summer Island.
  • Summer Island Resort Manager Mari Shareef explains: "Projects like the 3-D printed reef are popular among guests, who like that we protect our environment.
  • Ultimately, we want to help promote a culture of environmental stewardship, not just at Summer Island, but across the Maldives."

World's Largest 3-D Printed Reef Installed at Summer Island Maldives

Retrieved on: 
Thursday, August 16, 2018

MALE, Maldives, Aug. 16, 2018 /PRNewswire/ -- The world's largest 3-D printed reef was submerged on Saturday (11 August) at Summer Island Maldives, in what is hoped could be a new technology-driven method to help coral reefs survive a warming climate.

Key Points: 
  • MALE, Maldives, Aug. 16, 2018 /PRNewswire/ -- The world's largest 3-D printed reef was submerged on Saturday (11 August) at Summer Island Maldives, in what is hoped could be a new technology-driven method to help coral reefs survive a warming climate.
  • The ceramic moulds were shipped to the Maldives, and filled with concrete on the beach at Summer Island.
  • Summer Island Resort Manager Mari Shareef explains: "Projects like the 3-D printed reef are popular among guests, who like that we protect our environment.
  • Ultimately, we want to help promote a culture of environmental stewardship, not just at Summer Island, but across the Maldives."

Hurricane Recovery Assistance Still Available for Military Families

Retrieved on: 
Thursday, August 9, 2018

Military families from Puerto Rico who were displaced by these disasters and are now living in Florida and other locations on the U.S. mainland are eligible for assistance.

Key Points: 
  • Military families from Puerto Rico who were displaced by these disasters and are now living in Florida and other locations on the U.S. mainland are eligible for assistance.
  • Military families residing in "Declared Disaster" areas who sustained damage from 2017 natural disasters throughout the U.S., including Puerto Rico and the USVI, are also encouraged to apply for assistance through the organization's Critical Financial Assistance program.
  • Operation Homefront can provide military and veteran families in need of assistance with hotel and temporary residence payments, mortgage/rent payments, utilities, auto payments/repairs, auto insurance, and food assistance.
  • Military families may call 877-264-3968 to receive assistance from an English- or Spanish-speaking caseworker who can help them complete their application.