The British Commonwealth island of St. Kitts & Nevis has long been regarded as a beautiful tourist destination. It is home to some of the most beautiful beaches in the world, rainforests and breathtaking views of mountainous terrain. But thanks to its Citizenship by Investment program, the country has also now become a popular choice for retirement.
What is a Citizenship by Investment program?
A Citizenship by Investment program is like a safety net for investors looking to obtain dual citizenship for themselves and their families. Not only does it guarantee second citizenship and passport, but it also reassures investors that their assets are protected.
What are the benefits of second citizenship and passport?
“Our clients are high-net-worth individuals from all over the world who hold a GCC residency. If you look at the situation in their country, they are thinking, ‘I need to have a plan B for peace of mind, security and to travel freely’. Despite having clean travel profiles, they do face hassle in getting travel visas,” explains Jeremy Savory, CEO and founder of Savory & Partners.
According to Jeremy, holding second citizenship and passport helps investors to have better control of their tax planning initiatives and future inheritances.
“We’ve had a lot of European, Western clients that want to be strategic with their tax planning and passing on inheritances.” While another benefit of dual citizenship is the free movement of travel that it provides investors. “We also have Middle Eastern clients facing challenges. There are a lot of people in this region that don’t feel like they can travel freely into the Schengen zone in Europe or to the UK or the US,” says Jeremy.
One such Citizenship by Investment program that has become more favourable over the years is St. Kitts & Nevis Citizenship by Investment program. By developing this investment incentive, the program was initially created to bolster economic growth and strengthen the country’s relationship with the rest of the world. Today, it ranks as an extremely affordable second citizenship and passport option for investors who would prefer not to say goodbye to millions of Euros.
Investors can enjoy numerous benefits when investing in St. Kitts & Nevis citizenship, namely:
While the time to citizenship can take between 4-6months, there is also an option of an accelerated application process of 90 days.
Visa-free and visa-on-arrival travel
Obtaining a St. Kitts & Nevis passport will entitle investors to travel to more than 150 countries visa-free, which includes Hong Kong, the United Kingdom, Russia and Singapore, to name a few.
St. Kitts & Nevis offers investors and their families permanent citizenship and passport.
Investors are exempt from paying taxes on capital gains, wealth, inheritance and gift.
Dual citizenship allowed
St. Kitts & Nevis recognizes dual citizenship, so investors will never be asked to renounce their original citizenship.
No need to reside in St. Kitts & Nevis
There are no residing requirements for investors when acquiring dual citizenship.
In the market for second citizenship and passport? Savory & Partners can assist with all your investment requirements. We offer various Citizenship, Residency and Immigration by Investment programs that differ in regulations. Residency by Investment programs provides investors with the flexibility of migrating to the country in question, without being bound to relocating there to obtain it. Immigration by Investment programs offers entrepreneurs and business owners a range of opportunities.
Savory & Partners is a government-approved agency that works closely with governments to help secure investors with second citizenship and passport. We have assisted thousands of families around the globe and have a 0% failure rate. We treat each application with the utmost professionalism and importance. With our full range of Citizenship, Residency and Immigration by Investment programs, there’s bound to be a program suited to your needs.
Contact one of our specialist agents for any queries you may have, or simply book a free consultation today and find out more about how you can plan a better future for you and your family.
We are available on every channel convenient for you.
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