St Kitts and Nevis Passport: Top 3 Advantages for Second Citizenship Seekers

St Kitts and Nevis Passport: Top 3 Advantages for Second Citizenship Seekers

A wealthy immigrant who makes investments receives many benefits. Now it is worth considering one of them. It is about directing capital into the economy of the chosen country (other than the native one). Migrants choose this route because migration is comfortable. The duration of official procedures is reduced.

An accredited agent can help you learn about this unique opportunity. He will provide the necessary information and advise you to pay attention to the features of the St Kitts and Nevis citizenship program. It does not take much time to familiarize yourself with the requirements and results of participation.

Any foreigner can access the benefits. You can determine your route on your own. It is also possible with the help of an expert from the Immigrant Invest agency Zlata Erlach. The following benefits will help you make sure you choose the right program.

Advantage 1: Visa-Free Travel Opportunities

It is not easy to get permission to visit countries around the world, so investors are interested in facilitating business travel. Given the demand, the Caribbean island's government has prepared the first advantage. Investors who have become citizens can travel to more than 140 countries under simple conditions. You can cross the border

  • without a visa;
  • after registration in the electronic system;
  • if the stay is less than 90 days.

The opportunity is available thanks to cooperation with international allied organizations and the United Kingdom. According to the conditions, all citizens enjoy the privilege. This is included in the list of important St Kitts and Nevis citizenship pros.

Advantage 2: Tax Benefits and Financial Privacy

The island's program will help create a backup for business operations. Under the government's terms, the local population received a unique tax system. Citizens and migrants who have received a new passport are exempt from paying tax on:

  • capital gains
  • wealth
  • income

Wealthy investors also avoid double taxation, making the island more attractive and safe for capital.

Advantage 3: Fast Processing and Ease of Application

Obtaining a second citizenship for contributing to the economy or supporting a public fund is not only easy, but also fast. The application processing time is less than 6 months, which significantly saves time for interested foreigners. In addition, migrants add to their name in the application:

    • spouse
    • children

To participate in the program, you do not need to be on the island or visit it. The process takes place without the personal participation of the applicant. The documents are submitted by accredited agents at the consulate, and investors receive the decision by the chosen method (mail, notification of a trustee). This is another advantage from the numerous list of St Kitts CBI benefits.

Additional Benefits of St Kitts and Nevis Citizenship

Property owners who choose this route of the program have the right to sell the property after 7 years of ownership. In this case, the passport remains with the investor and his family. In addition, the return on investment is approximately 3-5 years, provided that the migrant has chosen an option with this possibility.

The cost of participation is from $125 thousand for a single applicant. You can add relatives to the application by increasing the amount of capital to 170 thousand for three people. Since this amount will not be returned, wealthy entrepreneurs choose the option of buying real estate. The cost will be 200 thousand dollars.

The country's lenient requirements for investors and flexible registration process complement its offer. As a member of the Union of Caribbean Islands, citizens have the opportunity to develop business in a new market.

Investment Options for St Kitts and Nevis Passport

There are two ways to get your application approved and enjoy St Kitts and Nevis passport benefits. The first of them is a charitable contribution to the state fund. The amount is from $125 thousand, but the investment cannot be returned. However, the loyal conditions of stay override this feature of the offer.

Buying real estate is a more popular way. This is primarily due to the fact that the invested 200 thousand can be returned. The property is used for living or sold after 7 years of use. The amount of investment depends on the number of people added to the application.

Evaluating the proposed options, it is easy to decide on the desired option. The processing and timing of the permit are the same, regardless of the decision. Migrants keep their first passport, provided that it is allowed by their legislation.

It is quite easy to go from a foreigner to a citizen. Favorable conditions have been created for this. The program that allows you to use the St Kitts passport visa-free countries bribes with its cost and minimum requirements for the applicant. It will take 6 months to complete the documents and obtain a permit, and the procedure is supervised by assistants. The accredited agent cooperates with lawyers, so the consultation includes an assessment of legal peculiarities. This cooperation helps to save time and get  a second citizenship.