Samoa Citizenship by Investment

 Samoa (Western Samoa), a commonwealth country in the Pacific offers a new citizenship by investment program which will allow foreign investors and their immediate family members to obtain Samoan Citizenship by Investment. The Samoan CBI is administered by the Ministry of Commerce, Industry and Labour under the provisions of the Citizenship Investment Act 2015 and its Regulations 2015.

Samoa is located south of the equator, about halfway between Hawaii and New Zealand in the Polynesian region of the Pacific Ocean. The Samoa citizenship by investment CBI is open to all country nationals.

Samoa Location Map

Investment Requirements

The minimum investment conditions to qualify for citizenship in Samoa are:

USD 1.65 million  (SAT$ 4 million) investment in the following areas:

  • Leasing and developing of government lands
  •  Processing or manufacturing of agricultural produce
  •  Processing or manufacturing or fishery products
  •  Tourism
  •  Information or communication technology
  •  Electricity generation through bio-fuel, solar, water or wind
  •  Investment in a government development fund for the purposes of national development or investment in a prescribed charitable trust
  •  Any services other than any services listed in the Reserved List under the Foreign Investment Act 2000.

The net assets of the investor must also be no less than USD 1 million (SAT$ 2.5 million)

The total time to receive Samoan citizenship with passport is 3 years. This is because first permanent residence card is issued, then after 3 years before the expiry of card you can apply for Samoan citizenship. You are required to make 15% of the investment initially.

This program is not an instant passport program like CBI programs in the Caribbean where you can get a passport in 3 months.

Dual Citizenship

Dual citizenship is allowed in Samoa.

Samoa Passport

Samoa passport is one of those few rare passports which has visa free travel to Canada, Russia, Europe Schengen Area, United Kingdom, Caribbean etc, to a total of 114 countries in the world  according to Henley visa index 2017)

Fees

There are additional fees involved under the citizenship by investment program which includes a fee for due diligence.

 Fees  SAT$ (1 SAT = 0.4 USD)
Application for investment

(principal applicant)
plus: Spouse

Dependent child (0-11)

Dependent child (12-17)

Dependent child (18)

120,000

120,000

60,000

60,000

120,000

Due diligence fees

principal applicant plus; Spouse

Dependent child (0-11)

Dependent child (12-17)

Dependent child (18)

20,000

20,000

0

5,000

10,000

Application to promote or market scheme 1,000
Agency application 50,000

 

Official Sources:

 

Photo Credit: https://www.flickr.com/photos/mikecogh/



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