Opportunities to change the future should not be missed, because our lives depend on it. For example, investors lack a visa-free regime to develop their own business or want to use a more favorable taxation system. Foreigners who are really interested in these privileges know that they can turn to accredited agents for help.
The consultants’ specialization includes finding an attractive exchange program. Many countries offer capital for a residence permit. Among all the options, St. Kitts and Nevis citizenship stands out in a special way – an option that has been available for the past 40 years. This program opened in 1984 and is the first in the Caribbean. The benefits include several important features that will help to enhance business potential.
A specialist will help to join the program. His or her responsibilities include collecting documents, preparing an application, and submitting the package to the consulate. In addition, agents provide advice and help determine the best investment offer among the available ones.
St Kitts and Nevis Citizenship by Investment Program
The popular program attracts foreigners who are interested in finding options. The reputation of the “platinum standard” was established as soon as it appeared on the international scene. Participants who successfully complete the program receive several advantageous benefits at once:
- Free border crossing. The Caribbean island has signed agreements with other governments to simplify travel. Today, Caribbean citizenship by investment means that passport holders can travel to 156 countries on simple terms: no visa or other permits required.
- Intriguing taxation system. Island residents are exempt from some taxes. This category includes payments for capital gains, dividends, and inheritance. Thanks to this, St. Kitts has received the status of an internationally recognized tax haven.
- Minimum requirements. The total cost of participation is from 250 thousand dollars. The amount of investment does not change for several decades, which distinguishes the program from other offers.
Foreign businessmen who have confirmed their financial independence do not have to visit the country until they obtain citizenship. The process takes place remotely, and the documents are handed over at the consulate.
Investment Requirements for Obtaining a St Kitts Passport
The program succeeds in attracting the attention of foreigners due to its simple requirements. For the future visa-free countries for St Kitts passport holders, it is proposed to contribute capital and immediately obtain tax residency. The list of investment options includes:
- purchase of real estate, the cost of which is from 200 thousand dollars;
- making a donation that is not refunded to the applicant after receiving the passport.
Determining how to invest and contribute to the economy is part of the mandatory route for a foreigner. In addition to investment, it is necessary to pass an eligibility test.
Key Advantages of St Kitts Program
Opinions on participation may differ, but the benefits offered remain attractive to anyone. You can find out about the available opportunities on your own or by consulting an accredited agent. Professionals, including Immigrant Invest expert Vladlena Baranova, note that participation will bring:
- exemption from double taxation;
- reduction of capital gains taxes;
- opportunities for quick travel;
- access to quality medical care;
- ways to supplement the portfolio with new investment income.
The application processing time is several months. During this time, the government checks the main applicant for eligibility and exempts him or her from the mandatory visit to the island. Thanks to the modern procedure, you can get a Caribbean second passport in a short time with minimal effort. It is enough to use the services of specialists.
Other Caribbean Programs
The well-known offer is not the only one available. The list of options is complemented by programs from other island countries. The advantages of participation include a low investment threshold of 100 thousand dollars. To make the right choice, pay attention to:
- Antigua and Barbuda. The country offers an exchange of 100 thousand dollars for the right of permanent residence. The minimum period of ownership of real estate is 7 years.
- Grenada. The cost of participation increases by 50 thousand dollars per applicant. At the same time, approval of the application will allow you to obtain a visa to the United States or Canada.
- Dominica. The small island country has also created its own program. According to the conditions, a foreigner must invest at least 100 thousand in a special state fund. The donation is non-refundable, and other options increase the cost to 200 thousand.
Expert tips help you find the most trusted Caribbean citizenship by investment program. For them, the signs of the right offer depend on the client’s expectations. Despite the numerous pros of the Caribbean island program, it is possible to choose the best one at your own discretion and according to your list of requirements after receiving the documents.
