St. Kitts Citizenship By Investment– Why it is Extremely Advantageous?

St. Kitts may be the most gorgeous and unspoiled island among the Caribbean landscape. Due to public enterprise declines, the government of the nation has got many losses. Government tried to hold the island’s historic sugar industry, and made many other endeavors. Hence, it accumulated one of the largest debt burdens at the global level, which is equal to around 185% of the national GDP. But, country has made quick and amazing progress by diversifying the economy into tourism, incorporation, offshore banking, asset management, and most significantly St. Kitts citizenship by investment program. Country offers citizenship status to people of other countries along with many astonishing benefits.

st kitts citizenship by investment

St. Kitts, one of the West Indies islands extends to 90 Sq. Km and owns to half of the Federation of Saint Kitts and Nevis. These two islands are divided by the Narrows, a shallow 3.22 Km channel. St. Kitts has 985 Mt. Central Volcanic Peak as its dominant feature. A slanting coastal plain leads downwardly to sandy beaches on the west and north shores. Island is known for abundant natural springs which are volcanic hot springs in nature, and can be found particularly near the west coast. Tropical climate is offered with chilly trade winds, and changes little from one season to the next.

st kitts citizenship by investment

St. Kitts has a stable democratic government and law and order, which is rooted in English common law. Island has the highest literacy rate as 98% in the Western hemisphere. Having English as the official language, St. Kitts has two predominant religions – Catholicism and Protestantism. Major part of revenue comes from incorporation of companies, international financial services industry, asset management firms, and trust companies. Around tens of thousands of these organizations are registered, paying annual filing, and registration fees. Every year around 2, 00,000 tourists visit St. Kitts for its natural beauty and hospitality culture. Preferred destinations at the island include elite, rejuvenated plantation inns, 5 star hotels, and other small hotels.

st kitts citizenship by investment

Even though St. Kitts lacks direct international flights and a cruise port, all this favors to hold the island’s natural and relaxed lifestyle and also to reduce crime rate. People are offered with a government sponsored investment program that permits residency and dual citizenship without giving up their current citizenship. Interested people do not need to notify their home country while applying for this citizenship program. Government approves particular applications and certain fees are charged as registration and transaction cost. Advantages include visa and passport free travel to around 80+ international countries. More than this, citizens don’t need to pay income, gift, inheritance and capital gain tax at St. Kitts.

st kitts citizenship by investment
Citizenship program is the major attraction for which more people around the world want to buy a land or property at St. Kitts. A scenic, comfortable ambiance is offered at St. Kitts. A short flight is taken to reach St. Kitts from the US. There are many real estate service providers helping people from offshore areas to buy a land in St. Kitts and also to apply for St. Kitts citizenship by investment program.

st kitts citizenship by investment
Get more information about St. Kitts Citizenship By Investment please contact us sales@kittitianhill.com  Tel:- +1.869.4661712. Fax:- +1.869.4652452. Email:- sales@kittitianhill.com Address:- Belmont Resort Ltd PO Box 1208 A-10 Sands Complex Bay Road, Basseterre St. Kitts, West Indies.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s