The Sugar Industry Diversification Foundation (SIDF)

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The Sugar Industry Diversification Foundation (SIDF)

Acquisition of citizenship under the SIDF option requires a contribution to the Sugar Industry Diversification Foundation. The contribution is in the form of a one-time payment, and there are four different categories:

Single applicant: US$ 250,000 contribution required;
Applicant with up to three dependants (i.e. spouse and two children under 16 yrs. or above): US$ 300,000 contribution required;
Applicant with up to five dependants (i.e. one spouse and four children): US$ 350,000 contribution required;
Applicant with seven and more dependants: US$ 450,000 investment required.

In each of these categories, the total amount does not include all government fees, due diligence and lawyer fees. The documentation required for an application is reasonable and the application procedure is straightforward. The average processing time under the SIDF option is 3 – 4 months.

	Minimum Investment (SIDF Contribution)	Government Fees	Government Due Deligence Fee	Lawyer and Agent Fee for Application	Total Amount
Single Applicant	US$ 250,000	Included in SIDF contribution	US$ 7,500	US$ 35,000	US$ 292,500
Applicant with 3 dependents (1 spouse + 2 children under 16 yrs or above)	US$ 300,000	Included in SIDF contribution + Additional Government fee of US$ 50,000 apply for children of 18-25 years (or) dependent seniors of 65 years of age or above	US$ 7,500 + Additional US$ 4000 for each dependent children over 16 years. Including spouse	US$ 45,000	US$ 356,500 (1 spouse + 2 children below 16 yrs) US$ 364,500 (1 spouse + 2 children between 16-18 yrs) US$ 410,500 (1 spouse + 1 child below 16 yrs + 1 child above 18 yrs) US$ 464,500 (1 spouse + 2 children above 18 yrs of age)
Applicant with 5 dependents (1 spouse + 4 children)	US$ 350,000			US$ 60,000	US$ 421,500 (1 spouse + 4 children below 16 yrs) US$ 475,500 (1 spouse + 3 children below 16 yrs + 1 child above 18 yrs)

Note: Above fees (Government, due diligence & lawyers’ fees) might vary depending on case-to-case. Biometric costs will be extra. Above cost structure does not include processing and consultation fees.