Citizenship by Economic Investment

Do you want to obtain a new passport for a secure and developing country? Saint Kitts and Nevis offer you such an opportunity. For almost 40 years, the state has been running a program that enables almost everyone to become a citizen of this country.

Immigrants from all over the world choose the island state as their new home for several reasons. First, this is the document processing speed. It usually takes about 3-4 months to pass all the necessary screenings and get the documents. An accelerated procedure is also available. In this case, you can get a passport in less than 60 days. Besides, the document is recognized all over the world.

What are the requirements for investors?


According to Imperial & Legal the key requirement set for potential investors is the amount they plan to invest in the country’s economy. It must be no less than 150 thousand dollars. The sum is quite small, especially compared with the requirements common for various European countries. You can invest in almost any area of activity. It also allows potential citizens of the country to manage their assets freely.

Besides the investment amount, the following requirements are set for new residents:

  1. Age. Only adults can get a passport. According to the local legislation, the legal age is 18 years.
  2. Security screening. It must be taken by everyone over 16. It involves investigating the information about the source of funds and further intentions.
  3. No problems with immigration services.
  4. Good health.
  5. No problems with criminal law in the country of your current residence.

A rule of thumb states that most potential applicants meet these requirements. Therefore, there are no problems with obtaining the documents.

Some of the formal specifics


One of the main advantages of choosing this country is that the procedure for obtaining citizenship has been running smoothly for a long time here. It was first tested back in 1984. There have been some changes implemented since then; they are insignificant, however. Saint Kitts and Nevis became an example for other countries that launched similar programs to attract investment.

Thus, you are to invest a certain amount, with the state not specifying the required sector. In this regard, the program looks more favorable than in many European countries.

Under the current conditions, it is especially important that all procedures can be performed remotely. You don’t have to fly to the islands all the time. This saves time and money, as well as doesn’t expose you to additional risks in the current epidemiological situation. You carry out the interview and submit documents remotely. In most cases, the answer is positive, so you become a citizen of the country.

It should be noted that all procedures must be performed through a special authorized agent. Such a process is set by law. This is required to complete the procedure without any problems. Besides, in this case, the risks of being rejected are lower.

Since the procedure has been well-adjusted for a long time, there will be no problems with becoming a citizen of the country. Everything goes quickly and without any problems.

Other specifics to keep in mind


Cane export used to be the most developed field in Saint Kitts and Nevis economy. However, by attracting foreign investment the country managed to develop other sectors. First, this applies to tourism and infrastructure projects.

Your task is to invest part of your funds in real estate, as well as make a certain charitable contribution. This money will be used for a variety of social projects, benefits, and infrastructure development. As for real estate, the investor gets the right to own it for 5-7 years.

Another factor that has contributed to attracting investment to this country is an opportunity to obtain citizenship for yourself and your family. The procedure is significantly simplified. Therefore, you can bring your relatives to the islands.

The process requires a minimum set of documents. Besides, now you can perform all the procedures online, which significantly saves time. You can appreciate these advantages yourself right now since the program for obtaining citizenship runs on an ongoing basis.

What are the advantages of obtaining documents from the island state?


Similar conditions for obtaining a passport are offered by many other countries, including European ones. Therefore, investors may ask a reasonable question – why should they choose Saint Kitts and Nevis? To begin with, all procedures are performed anonymously. This is especially important for prominent businessmen who don’t want to manifest their investments or change of citizenship.

Advantages of the suggested solution:

  1. The speed of the procedures. There are no other countries that will provide you with a legal passport so quickly. This is the official document recognized all over the world. The state guarantees to protect the interests of its citizens, so you will be securely protected.
  2. Opportunity to travel freely. You will need no visa to more than 140 countries. The passport of Saint Kitts and Nevis is always at the top of the international document ranking. With it, you can easily cross borders and feel at home in every country. You will be able to save both time and money.
  3. A low tax rate. In this country, you can not only invest, but develop your business steadily. Unlike in European countries with their high taxes, here you won’t have to give much to the state. That is why this island country has become many large companies’ headquarters.
  4. No need to own real estate to become a citizen of this country.

Anyway, here all the security is well-adjusted, so you can get the necessary documents quickly and feel the state’s reliable protection.

Thus, if you are looking for a new country to live in or just want to move your business to a more protected state with a low tax level, be sure to apply to special committees. They will answer quickly. If the response is positive, soon you will become a full-fledged citizen of the state and will be able to enjoy all its advantages. Here, you will always feel safe, and the pleasant climate will make you feel relaxed.

About Nina Smith