Many business people dream of dual citizenship, which allows them to move freely between countries. It is also an opportunity to open and conduct business in these territories. One of the most attractive programs for acquiring additional citizenship is Caribbean naturalization. Vladlena Baranova, an expert from Immigrant Invest, will tell you about the intricacies of St Kitts passport benefits.
Visa-Free and Visa-on-Arrival Travel
Complete citizenship is offered in the island program without any residency requirements. The government does not require education, management experience, language skills, or country of origin. You can apply for a St Kitts second passport remotely.
This document provides visa-free travel to 140 countries, including European Schengen, the United Kingdom, Singapore, and Hong Kong. The possibility of getting a tourist pass to the USA for ten years among St. Kitts citizenship benefits is also worth noting. It will allow you to stay in the country for six months to meet with partners, participate in scientific conferences, and receive medical treatment or travel.
The Caribbean Island state does not provide for several mandatory fees. These include:
- income tax;
- wealth taxes;
- inheritance taxes;
- levies on profits earned abroad.
Thanks to the favorable taxation regime, entrepreneurs will be able to do business here.
Safety and Security
The country has a low overall crime rate, although the number of thefts of personal property is high. However, if reasonable precautions are taken, people do not have to worry about their safety on the streets.
Lifetime Dual Citizenship and Family Inclusivity
Among St. Kitts passport advantages, it is worth mentioning that the applicant receives unlimited citizenship, i.e., for life. Naturalizing the entire family circle, including adult children or close relatives, is also possible.
Business and Investment Opportunities
The island state is characterized by a progressive tourism industry, which is very interesting for international business structures. The demand for resort destinations is growing every year. The country’s authorities promote tourism development, using foreign investments for infrastructure improvement. Recently, the island has become a comfortable place to live, where it is possible to establish a reserve bridgehead for your business if there are any problems in your home country.
High Quality of Life and Natural Beauty
You can enjoy a favorable climate and beautiful scenery on the islands. There are also excellent conditions for surfing and other recreational activities on the extensive network of beaches. The standard of living is among the highest in the world, as proved by high-quality medicine and salaries for hired staff. Even if it is not possible to run a business, you can get a job and receive quite a good salary by local standards, which is also one of the strong St. Kitts citizenship advantages.
The naturalization program in St. Kitts is one of the most acceptable for citizens of other countries. One of the pros is the possibility of remote processing of documents, but also St Kitts passport visa-free countries Schengen, Great Britain, Hong Kong, and Singapore. You must meet several requirements to have such opportunities:
- age of majority;
- no record of any misdemeanor offenses;
- passing a background check;
- good health.
Once these conditions are met, applicants are required to:
- contribute $150,000 to the development fund;
- purchase a property approved by the authorities for $200,000.
Applicants will also have to pay additional costs, such as a fee for a security check, as people in this Caribbean country are suspicious of people with capital whose origins they cannot prove with documentation.
It is necessary to contact the island’s leading law firms for the application, who will help collect all the documents and submit them directly to the government department. Once the application is pre-approved, it is necessary to make investments and apply for passports, which will be transferred to the applicants after processing. It will allow you not to visit the island country and avoid the associated costs. If you turn to specialists for help, the process of obtaining documents will be resolved even faster.