Since the introduction of the citizenship through investment program, St Kitts and Nevis has been a favorable island among tourists. Simply put, they have designed a rather smooth and refreshing approach for the wealthy to get their hands on the St Kitts and Nevis passport, helping them avoid any economy or finance related issues in their existing country. Let us now understand more about the program, including the benefits.
Advantages of Opting for The Program
By now, we’ve understood that St Kitts is among the few countries that offer wealthy individuals an opportunity to gain dual citizenship through investment. If you are contemplating your decision, you may want to consider the following benefits provided.
Quick Process – Unlike other citizenship by investment program, the St Kitts CBI program is relatively fast, where you receive an approval within two to five months, after which the applicant is a full-fledged citizen of the island.
Stability – This is the number one reason why most individuals opt for the St Kitts program. It is politically stable and very peaceful for people to live or work in, without having to worry about war or related issues. The island, in fact, has a secure connection with diplomatic relations.
No Requirement of Being in The Country – One of the critical benefits of this program is that the applicant doesn’t have to be physically present on the island. The entire procedure can be done on behalf of the applicant by a representative.
Easy Travels – It is one of the most favorable advantages to wealthy individuals, especially if you have businesses in another region or plan on expanding. Through this, you can easily travel to other nations without having to go through the hassles of applying for a visa.
Lease Property – When you invest in real estate in St Kitts, you have the opportunity to derive income by leasing the property.
Zero Taxes – Those who plan on working in St Kitts benefit from zero tax on foreign income.
Better Future for Families – Given that your family members can apply for the application, they have opportunities to reside in a peaceful environment combined with better and improved education and healthcare facilities.
Maintains Confidentiality – Countries need to keep applicants’ personal and sensitive information confidential, and at St Kitts, we do just that. We ensure no data is passed on to any third-party program.