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Tiny country with big opportunities for business: Saint Kitts and Nevis

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Saint Kitts and Nevis is a federation, considered the smallest country in the Western hemisphere for both its territory area and for its population. This water locked state magnetizes tourists with its warm climate, picturesque nature and wonderful seashore beaches.

Saint Kitts and Nevis (the second name is Saint Christopher and Nevis) consists of two small islands located in the Caribbean Sea. The country’s capital is named Basseterre. The city is located on the island Saint Christopher. The government of the state is built on the basis of the democratic-parliament system of the United Kingdom of Great Britain and Northern Ireland. The Queen of England is the head of the country, and the Governor-General is her representative.

A vast majority of the state’s economy is dedicated to agriculture and tourism. No marvel that the country is regarded a paradise on earth for holidays: Constantly warm weather and the absence of rainfall season give tourists a real opportunity to come in any time of the year. Breathtaking sceneries, a huge national park (which is a part of UNESCO legacy) and comfortable clean seashores beaches – there’s everything to relax here.

The lovers of active entertainment won’t be disappointed as well: carnivals and large-scale festivals often take place here. One can go diving or yachting, lounge in SPA, play golf and tennis, ride horses and so on.

Saint Kitts and Nevis — a calm life and prosperous business

Tourists are not the only ones who are attracted by the country: a great number of foreigners are keen to receive Saint Kitts passport. Mostly these are the immigrants from America. The essential part of them in the big picture is composed of SPA salons, restaurants and hotels owners.

So the following is free of taxation in the country:

  • objects of gift;
  • objects of heritage;
  • capital profit from foreign financial transactions;
  • no income tax duty.

Except for this, the country’s citizens can comfortably develop their business with foreign partners. The state owns three large sea port terminals accepting sailing ships as well as holiday cruisers, and each island has international airports. All these give the opportunity to easily have business trips to the neighborhood countries for settling business matters. By the way, Saint Kitts and Nevis citizens are able to visit over 150 countries without a visa.

Becoming a citizen of the country does not take much effort or expenses. Saint Kitts and Nevis citizenship by investment program offers rather small contribution in comparison to the other countries. Furthermore, it offers such benefits as the opportunity for the applicant to apply for and receive second passports for his family: children and parents. The terms of documents registration, according to the information on Migronis — http://migronis-citizenship.com/saintkitts-and-nevis, take no more than 3-5 months.

Numerous foreigners, including American citizens, choose the donation option of investment. While some opt to invest in real estate. However, it’s not possible to choose any real estate on the islands, it should be only government approved real estate. To be more specific, the list of approved real estate objects usually includes only hotel-like projects, meaning you can’t just purchase an apartment with a couple of bedrooms or a small house near the sea and be able to obtain citizenship there.

On the positive note, the second citizenship can become a supplement to existing strategies of protecting material assets and tax planning as well.

High living standards, low taxation and tax haven financing which open up multiple opportunities for business, excellent climate – all of these invite to receive St Kitts citizenship.

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