St Kitts & Nevis: is extra security good or bad?
St Kitts & Nevis Citizenship by Investment program, apart from being the oldest in the world, is also one the most reputable and reliable. It is a preferred option among international investors because it offers a fast route to Caribbean citizenship and, with it, a ticket to the world, with visa-free travel to 133 countries.
Why investors choose St Kitts & Nevis investment program
High-net-worth individuals from all over the world are applying for a St Kitts & Nevis passport because the whole process is fully confidential and because it offers a lot of benefits, such as access to beneficial taxation system.
Fast-track offer is also valued by investors that are keen to get their passports as soon as possible, which is in this case could be as little as 45 days.
One of the investment options, contribution to the Sustainable Growth Fund, is a go-to solution for many applicants as it is streamlined and transparent. After approval in principal, the money is transferred to the government account where it can be traced immediately, and your application will be finalised without delay.
Real estate option, on the other hand, does not seem as transparent as the SGF. New legislation will soon be in place to rectify this through imposing stricter rules on escrow accounts.
Due diligence becoming more diligent
On top of all benefits offered by the St Kitts & Nevis Citizenship by Investment program, stringent due diligence procedure is what singles out this program from all other Caribbean programs.
In their efforts to make the program even more secure, the Government is planning to introduce fingerprinting for the applicants. At a first glance it might seem fastidious, but it is all done to make sure the country which you want to call your second home is respected internationally.
