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St Kitts and Nevis – a safe haven for you and your equities

Are you looking for a legal and secure way to protect your personal freedom and equities? Are you interested in economic citizenship that is acknowledged the Platinum standard? Do you need to get the second passport urgently? Then pay a close attention to business immigration to Nevis, a member of the British Commonwealth. Actually, these are two islands, Saint Kitts and Nevis, which make up a federation. It was the first jurisdiction in the world to introduce an economic citizenship programme more than 30 years ago.  

Business immigration to Saint Kitts and Nevis has numerous advantages:

  1. Security — a peaceful jurisdiction with an excellent reputation, stable economic situation, and the possibility of broad diplomatic relations;

  2. Tax benefits — there is no income tax, no duty on capital gains, as well as no corporate or inheritance tax;

  3. Practicality — after the process of business immigration to Nevis is complete, a person has the right to travel and conduct business activities in 126 different countries around the world. Even the visa to the USA is issued for 10 years;

  4. Stability — in case of business immigration to Saint Kitts and Nevis citizenship is given for life with the possibility of transferring it to children;

  5. Standard of living — the country can boast of perfect climate conditions all year round; great selection of property for potential investors; numerous tourists boost the economy of the islands;

  6. Confidentiality — you don’t have to renounce your original citizenship if undergoing a business immigration to Nevis. Moreover, the jurisdiction does not disclose identities of its new citizens;

  7. Quickness and convenience — the certificate of naturalization is issued after a month, and the whole application processing time is usually 3-4 months. Moreover, a fast-track procedure lasts only 60 days. It is not necessary to spend all the time on the islands before the completion of all procedures related to business immigration to Saint Kitts and Nevis.

However, a business immigration to Nevis isn’t a piece of cake. Economic citizenship is enshrined in the Constitution, reliably protected at the state level. Therefore government is highly concerned about the reputation of citizenship by investment programmes. The candidates for business immigration to Saint Kitts and Nevis pass due diligence procedure, which comprises much verification and many check-ups within databases of other governments and international law-enforcement agencies.

There exist a couple of ways of business immigration to Nevis. These two ways are quite different. The cheaper path is to donate $250,000 to the Nevis Sugar Industry Diversification Foundation. It seems a bit odd, but locals still mostly earn for living by working in sugar refineries and factories.

oIf an entrepreneur mentions 3 persons in an application for business immigration to Saint Kitts and Nevis, the donation will increase to $300,000.

oThe cost of passports for 5 or 7 family members will be $350,000 and $450,000 respectively.  

  • A citizenship for each child aged 18-25 will cost another $50,000.
  • The cost of due diligence is $7,500 for an applicant and $4,000 for each adult family member. However, the cost of all procedures is already included in the donation fee.

The above-mentioned way of business immigration to Nevis is faster and costs less. Moreover, the donation will be returned to an applicant in case of denial.

Another way of business immigration to Saint Kitts is through property investment programme.  Such investment requires more money. However, in 5 years, the real estate can be sold, and from the date of purchase, it can be leased. An advantage is that even parents and grandparents can be enlisted in the application under this economic citizenship programme.

  • In order to qualify, one must buy property on one of the islands for at least $400,000.
  • Costs related to a sale transaction are usually 4-5% of the appraised value of the property.
  • Stamp duty for an investor is $50 thousand, for his or her spouse and each child under 18 years — $25 thousand, for a child aged 18-25 years — $50 thousand.
  • Due diligence procedures during the process of business immigration to Nevis or Saint Kitts are included into the fee.

Not so long ago the authorities have announced an intention to introduce a new way of business immigration to St Kitts and Nevis. Individuals might get a chance to be registered as residents of the jurisdiction after having spent a particular period on the islands. If a person doesn’t express intention to become a citizen, he or she can remain a resident for an indefinite time and apply for a passport any time in the future. The decision is a response to a demand from high net worth international businesspersons. So far, further details of the future programme of business immigration to Nevis are not disclosed.

Do not be fooled that the process of business immigration to Saint Kitts is promiscuous. Jurisdiction strictly adheres to strict procedures of due diligence. All applicants must meet tough criteria and represent high caliber of businesspersons. That is why the offshore got top scores according to the CBI Index by the Financial Times. Today the citizenship by investment programmes of St Kitts and Nevis are acknowledged the strongest in the Caribbean.

Advisers of the Intelligent Solution Group will assist in proper organization of the protection of you and your assets with the help of investment citizenship. Business immigration to Nevis will grant you visa-free traveling. Moreover, the obtained residency of Saint Kitts and Nevis will allow you to freely open accounts in foreign banks and register offshore and foreign companies. Our specialists will help you to prepare an exhaustive list of documents and references for business immigration to Saint Kitts and Nevis. Get rid of the global control and feel all the joy that the citizenship of a Caribbean jurisdiction brings!

 

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