Tuesday, April 24, 2018

2ndPassports.com St Kitts & Nevis Citizenship by Investment Program

The company 2ndPassports.com was first established in 2004 in Switzerland, and since then has grown into a successful business that provides their many clients with brokerage to second citizen of another country for reasons of both economy and liberty. As an industry leader in this field, the team behind 2ndPassports.com have gained a wealth of knowledge and experience in the area, and over the years have gained customers that span the globe.

The core team have been in action for over a decade, providing literally thousands of clients with the freedom that they have previously been denied. Second citizenship provides this freedom and thanks to 2ndPassports, many individuals, families and companies have benefitted. In addition to the acquisition of second citizenship, customers also receive financial flexibility through tax-shelters and discreet banking.

The company are committed to safeguarding any assets of the clients by creating legal and tax-advantaged devices and shelters, providing offshore solutions and financial security when needed.

Acquiring a second citizenship can be a time consuming and expensive process, the level of which depends on which country the client is choosing. 2ndPassports aims to put all of their customers at ease. They understand that to reach out to a company to gain a second citizenship requires a certain level of trust, therefore 2ndPassports offers a range of contact options that suits the customer’s preferences, be it by Skype call, phone call, email, meeting face to face in one of their offices or a location of their choosing, they are willing to do whatever will make the customer at ease.

All conversations are completely private and the company are there to listen to any doubts and concerns that the customer may have.

The company has partnered with many countries that have tax-advantaged regimes and have maintained offshore financial sectors in order to try and prevent global taxation. One of these countries is St. Kitts and Nevis.

Citizenship by Investment Programme

St. Kitts and Nevis is a Caribbean island, and to many it would be described as a little piece of paradise. Thanks to its location, it enjoys a tropical climate, with sunshine almost all year round and lush beaches and a dense rainforest to explore. It is also synonymous of having creative banking systems and has favourable taxation which can help when it comes to safeguarding assets. It is because of this that many business people from either the USA or Europe look into getting a second citizenship to this Caribbean country, as it now offers a Citizenship by Investment programme.

This programme is simply the process of someone investing a sum of money into a country in order to receive, in return, citizenship and a passport of the country. The interest of this programme is growing rapidly, and now many other countries are looking to get in on it in the coming years.

In general, this sort of program is used by those who are looking to get a second passport in order to improve their business and opportunities in general, although to avoid criminal activity, they will have to undergo a detailed bank check. For those that are successful, there are multiple benefits. Not only will the second citizenship open countless doors in terms of opportunities for their business, but the country in question, in this case St. Kitts and Nevis, will get an economy boost.

Although quite a few countries are now offering this option, St. Kitts and Nevis is still one of the best options available. This was where the very first CBI programme was introduced, back in 1984. Since then it has undergone much scrutiny and improvement. Some of these updates over the years have included 24/7 case management system, system accessibility for applicants online and the promise that clients will get citizenship between 45 and 75 days.

Benefits

Due to the heavy rates of taxation and an over investigative banking system, the chances of expanding a business can look very slim. Ownership of a St Kitts and Nevis passport could change that, as clients are able to protect their assets. Other benefits include:

  • Freedom of choice when it comes to real estate investment.
  • There is no income or wealth tax to consider.
  • No previous residence is needed before citizenship is granted.
  • Membership of CARICOM is automatic, meaning clients have freedom of travel and work in the Caribbean.
  • The citizenship is also for current and future family members.

Recently, the programme has launched a new fund, ‘the Sustainable Growth Fund’, which has the aim of boosting investment in this Caribbean country. This new fund is much more affordable than the one previously used, having a price if $150,000 for an individual and $195,000 for a family of four.

The fund was set up to benefit every citizen and resident of the nation, and for many it provides an attractive opportunity. The investments from the fund will go towards education, alternative energy, heritage, tourism, healthcare, infrastructure and various other elements that will ultimately improve the quality of living for those that are living on the islands. As a more affordable option, it will be able to help applicates and their families secure their future.

About the Country

For those looking for a change of pace in live, St. Kitts and Nevis offers the perfect opportunity, attracting high earning expats who are looking to get some of the great perks that come with the citizenship by investment programme.

The country has a heavily British history, so British tradition plays a large role in the country’s culture. Additionally, there is a strong West African influence. Like many Caribbean countries, it has a festive and vibrant feel, with carnivals a big part of island life. It is also said to have some of the best food in the Caribbean, mainly thanks to the rich land that allows for plentiful crops and the extremely fresh, local seafood.

The landscape of both of the islands is tropical, complete with beaches, volcanoes, lush vegetation and rainforests, with temperature averages off 77-degrees Fahrenheit. There is a ferry that separates the two islands, so visitors and residents are able to visit both with ease.

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