7 arguments to buy Saint Kitts and Nevis passport by investment

Jul 08, 2021

iCrowdMarketing powered by iCrowdNewswire



 

Saint Kitts and Nevis are two islands located in the Eastern Caribbean, 1,200 miles from Miami, world-renowned for an everlasting spring and an advanced digital economy.

Since 1983 this destination has been extremely popular with wealthy people who adore the local citizenship-by-investment program. Now, the demand for St. Kitts and Nevis passports constantly increase. There are seven reasons for that:

1. It is straightforward to obtain a passport: you may apply for citizenship in 3-4 months and record 45 days for an additional cost. The investor's requirements are simple; there are no limits on language skills or residency, and the list of papers required is short compared to other nations.

2.  These islands are recognized as a tax haven for business people — there is no income, property, wealth, donations, inheritance, and dividends taxation.

3. With St. Kitts and Nevis, passports allow you to travel without any visas. You can visit 150 countries worldwide (including the European Union) without the need for a visa or permission upon arrival. Traveling to Canada and the United States is more difficult — to enter these countries, you should have a permit. However, a St. Kitts passport allows you to apply for long-term ten-year visas.

4. The Federation of Saint Kitts and Nevis is a member of the Commonwealth of Nations and has persistent, close commercial connections with the European Union and the United Kingdom. Simultaneously, the country provides one of the most outstanding offshore financial services globally, as well as complete secrecy of all fiscal information.

5. An investor can get a passport not only for him/herself but also for their family. It is possible to apply for citizenship for seven relatives, including:

  • wife/husband

  • parents

  • grandparents

  • children

  • brothers and sisters.


6. St. Kitts is recognized for its peaceful and friendly lifestyle: the island boasts a remarkably low crime rate, pleasant tropical weather, untouched nature, beautiful beaches, stunning scenery, and modern infrastructure with all facilities. At the same time, Saint Kitts is constantly expanding the digital space; for example, the Federation just joined the money turnover of DCash, the new international Caribbean digital currency.

7. Saint Kitts has an outstanding international reputation that is very important for the local authorities. As a result, all investment program candidates are carefully selected and confirmed. Myths regarding the black market have remained just that, myths, and have never been proven.

Learn more from the experts of Migronis about the citizenship of St. Kitts and Nevis, its benefits, and options for getting a local passport on our website.

How much do you need to pay for Saint Kitts and Nevis passports?


There are two variants to get the Federation passport including in the CBI program:

  1.  Charitable contribution: $150,000 for the growth of the sugar business. Saint Kitts also offers a family discount until December 31, 2021: passports for four family members cost the same as one — $150,000.

  2.  St. Kitts and Nevis passport through real estate investment. The minimum amount, in this case, is $200,000. You can select one of the resorts recognized by the government of St. Kitts. After five years of retention, the bought property or share in the resort can be resold successfully.


How can you become a resident of St. Kitts?


You can receive a passport of the Federation in five easy steps:

  1.  Collect all required papers and pay the costs for the investor's security clearance and application processing.

  2.  Send the scanned documents to the St. Kitts Migration Department online, and email the originals.

  3.  Wait for reviewing of application and documents.

  4.  Obtain program department approval before transferring the investment.

  5.  Get a naturalization certificate and a passport from Saint Kitts and Nevis.


Pay attention! The process of obtaining a passport yourself can be difficult and problematic because, according to Federation legislation, only a licensed migration agent has permission to carry out the procedure. Therefore, contacting specialists such as those who practice in the international company Migronis may be the best option. Cooperation with the Migronis experts has many benefits: you should not have to worry about paperwork, translation and apostille, questionnaires, and other bothersome issues — the agency's specialists handle all of these tasks.