{"id":32142,"date":"2020-09-26T09:05:26","date_gmt":"2020-09-26T05:05:26","guid":{"rendered":"https:\/\/www.savoryandpartners.com\/?p=32142"},"modified":"2021-02-01T01:23:54","modified_gmt":"2021-01-31T21:23:54","slug":"st-kitts-nevis-citizenship-by-investment-program-all-you-need-to-know","status":"publish","type":"post","link":"https:\/\/old.savoryandparnters.com\/blog\/st-kitts-nevis-citizenship-by-investment-program-all-you-need-to-know\/","title":{"rendered":"St Kitts & Nevis Citizenship by Investment Program – All You Need to Know"},"content":{"rendered":"

Located between the Atlantic Ocean and the Caribbean Sea and situated in the West Indies, is the beautiful island of St. Kitts & Nevis. St. Kitts & Nevis, like many of its neighbours, was formed by volcanoes and was commonly known as a sugar-cane island. Today, it is home to some of the most magnificent beaches and home to one of the highest-ranked Citizenship by Investment programs in the world.<\/span><\/p>\n

4 things to know about St. Kitts & Nevis Citizenship by Investment<\/b><\/h3>\n

1. What is a Citizenship by Investment program?<\/b><\/em><\/p>\n

A Citizenship by Investment program acts as a safety net or insurance policy for investors seeking second citizenship and passport. Since living in very uncertain times, the world is an ever-changing, unpredictable place, and a Citizenship by Investment program can help investors to protect their assets, all while offering a safe, secure and thriving future for themselves and their families.\u00a0<\/span><\/p>\n

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\u201cOur clients are high-net-worth individuals from all over the world who hold a GCC residency.<\/span><\/a> If you look at the situation in their country, they are thinking, \u2018I need to have a plan B for peace of mind, security and to travel freely\u2019. Despite having clean travel profiles, they do face hassle in getting travel visas,\u201d explains Jeremy Savory, CEO and founder of <\/span>Savory & Partners.<\/span><\/a><\/em><\/p>\n<\/blockquote>\n

You might also like: Iraqis are now eligible for Antigua & Barbuda Citizenship by Investment Program<\/a><\/p>\n

St. Kitts & Nevis\u2019 Citizenship by Investment program<\/span><\/a> is the oldest investment program in the world. Launched in 1984, the British Commonwealth country created this program to strengthen its relationships with the rest of the world and to further drive economic growth and stability.<\/span><\/p>\n

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Today, it is considered an extremely affordable second citizenship and passport option as many investors, in recent years, have now realized the value in investing in alternative investment programs to that of <\/span>European citizenship<\/span><\/a>.\u00a0<\/span><\/p>\n

2. Who can qualify for a St. Kitts & Nevis Citizenship?<\/b><\/em><\/p>\n

\u201cThere are certain countries in the world where it\u2019s legal to obtain citizenship, provided you meet certain criteria, one of which is the <\/span>financial contribution you need to make, [through]\u00a0 real estate, financial products or a one-time investment, which is non-refundable,\u201d<\/span><\/a> continues Jeremy, adding, \u201cWe\u2019ve had a lot of European, Western clients that want to be strategic with their tax planning and passing on inheritances. We also have Middle Eastern clients facing challenges. There are a lot of people in this region that don\u2019t feel like they can travel freely into the Schengen zone in Europe or to the UK or the US.\u201d<\/span><\/p>\n

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\"Apply<\/a><\/span>