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Saint Kitts and Nevis Citizenship by Investment Program
Saint Kitts and Nevis is a federation of two islands in the West Indies. This country is the smallest sovereign state in the Americas, both in terms of area and population.
The country is an independent member of the Commonwealth of which Queen Elizabeth II is the Head of State and is represented in Saint Kitts and Nevis by the Governor-General, who acts on the advice of the Prime Minister and his Council.
The world’s oldest citizenship by investment saint kitts initiative since 1984, the saint kitts citizenship by investment program and Nevis passport allows visa-free travel to more than 150 countries, including all European Union countries, the United Kingdom and Ireland , the Caribbean, and the Commonwealth of Nations.
Saint Kitts Second Passport Program
St Kitts and Nevis citizenship by investment program is among one of the oldest program in the world. It was established in the year 1984. Since then, over 20000 applicants have been granted passports.
In order to become citizens investors must contribute a non-refundable amount to the fund for state purposes of $150,000 or purchase property for $200,000+. Real estate is more profitable since the capital investment is recovered in 5 to 7 years. The Citizenship by Investment Saint Kitts is one of the most successful programs in the UAE.
Investors aren’t required to pass exams regarding the language or the history or culture of the nation. There are no residency requirements. Applicants are not required to travel in St Kitts and Nevis before or after they have obtained their passport.
The investor may include family members as part of the application form: spouse parents, children, and siblings. They can be given citizenship at the same with the investor.
St Kitts and Nevis citizenship through an investment program can be acquired by the children of the investor.
The Citizenship by Investment Program in St. Kitts and Nevis requires applicants to make a substantial economic contribution to the nation.
Visa-free travel is permitted to the UK as well as the Schengen countries.
St Kitts and Nevis citizens are able to travel visa-free to more than 157 countries in the world which includes Singapore, Hong Kong, Britain, Ireland and the Schengen states. An St Kitts and Nevis passport provides more opportunities for travel that any Caribbean passport.
Long-term US visa
St Kitts and Nevis citizens can obtain the 10-year B1/B2 US visa. The visa holder is able to travel throughout the country to visit family and friends and participate in business gatherings and get medical care in American clinics.
International business
Investors who are citizens of the country can establish a business within St Kitts and Nevis. This assists investors in working with foreign counterparts. For instance, payments can be made without having to worry about regulations regarding foreign exchange. When registering a firm the beneficial owner’s information is not included into the register of commercial transactions.
Tax optimization
St Kitts and Nevis tax residents are not taxed on dividends as well as royalties, interest or dividends. There is no taxation on income, capital gains or inheritances in the nation.