St. Kitts and Nevis is an extraordinary, Caribbean country, with idyllic beaches, friendly locals, and rich history. It’s the perfect destination for the ultimate Caribbean experience.
St. Kitts is a shortened form of its official name, St. Christopher, which the island was named after Cristopher Columbus, when he first visited this country in the 15th century. According to statistics, many foreigners, entrepreneurs, and wealthy individuals are applying for a second passport in this Caribbean country.
St. Kitts and Nevis Citizenship by Investment program is the oldest in the world. It was established in 1984 and has been operating successfully since. Over 20,000 people have gotten their dual citizenship in this beautiful country so far. And plenty more are in the process of getting one.
Friendly Place to Live
Before we dive any deeper into the discussion on why you should invest in the St. Kitts citizenship by investment program, let’s check some common facts about the country and take a glimpse through history. Initially, St. Kitts is famous for its sugar export and has remained the main tourist attraction since its colonization in the 1600s.
There are many infrastructures from the industry to be explored, including the Railway which is the last one left in the Caribbean. St. Kitts is a friendly and welcoming place where you’ll feel at home. The island has its charm and authenticity from one end to the other.
Another common fact about the island is its unique nature. The white beaches, turquoise waters, and beautiful bays are waiting for you to soak up the sun in the most popular spots like Majors Bay, Cockleshell Beach, or Dieppe Bay. Many entrepreneurs choose this Caribbean country due to its marvelous views and its exotic sceneries besides the citizenship benefits.
Related: Discover the Richest People in Barbados and Their Net Worth
Travel Visa-Free
St. Kitts and Nevis passports offer visa-free traveling to 156 countries, including the UK, Hong Kong, the Schengen countries, and Singapore. As a business owner and entrepreneur, the ease of traveling is important since you’ll be able to conduct meetings and businesses globally.
Additionally, if your children want to study at a university abroad, the citizenship will ease things up so they can travel freely. You can obtain citizenship through the program by investment and travel visa-free.
A visa is issued and valid for 10 years and your descendants can get citizenship by inheritance later on. Places you can travel with this visa:
- Get medical treatment in the USA;
- Go on a business trip for up to 6 months annually;
- Travel as a tourist;
Those citizens who’ve got the citizenship by investment can transfer it to their families like children, grandchildren, dependents, etc. However, the investor’s children will be eligible to obtain their own citizenship once they reach 18 years of age.
You Will be a Property Owner
To become a St. Kitts citizen, you need to participate in the CBI program. And there are several options for investing. You can either donate a one-time investment to National Funds or purchase real estate.
If you go with the option of purchasing real estate, you’ll be a property owner in one of the most beautiful Caribbean countries. As an investor, you can buy an apartment, invest in a villa, or stakes in a hotel.
Furthermore, you will need the help of an escrow agent if you are investing in real estate since you’ll need to conclude an agreement for purchasing the property and open a bank account. In case this is too much work, you can consult a licensed agent that deals with this type of legislation and take care of everything.
Fast Processing Time
The process usually takes 2 months once you apply to the CBI program. Nevertheless, this option is available under certain conditions, since previously applicants had to wait for 6 months to obtain a second passport. When your application is revised, you are not required to stay in the country for a minimum number of days which is another advantage.
The fast processing time is convenient for entrepreneurs because they don’t have to wait in line for getting second citizenship and file all of the paperwork piles. And as you may know, St. Kitts and Nevis is a Commonwealth member, which means, as a citizen of this country, you get the benefits of the Commonwealth participants:
- Your kids can study in UK universities;
- Get scholarships;
- It allows you visa-free entry;
- You can get protection from embassies;
Want to Learn More?
To learn more on the citizenship by investment topic, visit our blog. We discuss topics like investment options, benefits of applying for dual citizenship as an entrepreneur, etc. Additionally, your information will be in full confidentiality once you apply to the CBI program and you’ll enjoy the benefits of privacy and discretion.
