Savory & Partners: Why you should consider St Kitts & Nevis for your second passport
Second citizenship affords access to the security and benefits of a back-up option, offering insurance against political, economic or fiscal change in the investor's country of origin.
As people around the globe adjust to the "new normal" of everyday life, the value of having citizenship in another country is becoming more and more apparent. Second citizenship affords access to the security and benefits of a back-up option, offering insurance against political, economic or fiscal change in the investor's country of origin.
A second passport can be obtained through citizenship or residency by investment programmes. One option is St. Kitts and Nevis, implemented in 1984, the program has since been recognised as a "platinum standard brand" in the global industry and is available through well-established advisors and service providers in the industry, such as Savory and Partners.
Benefits of a St. Kitts and Nevis passport
A St. Kitts and Nevis passport provides visa-free travel to more than 155 countries including the Schengen areas. In addition, citizens can reside in other CARICOM (Caribbean Community) countries. The country offers access to quality healthcare and education, a fast-growing economy, safety and a laidback lifestyle in a beautiful setting and ideal climate.
The application can be done online with no residency in or travel to the country required.
Applicants are not subjected to interviews and no specific level of education or management experience is needed to qualify for citizenship.
Once an investor's application commences, there is a timeframe of 3 to 4 months before receiving the passport.
Each applicant goes through a thorough investigation by private and state members of the intelligence community to ensure the integrity of the program is upheld.
Dual citizenship is permitted with no need to renounce any other citizenship(s) or passport(s).
Citizenship by Investment options
There are two options to obtain citizenship in St. Kitts and Nevis. The first is through a donation to the Sustainable Growth Fund (SGF) and the second is through real estate investment.
As of July 2020, St. Kitts and Nevis reduced the donation amount for a family of 4 from $195,000 USD to $150,000 USD due to the ongoing pandemic. This reduced price is available for a limited time and will expire in at the end of 2020.
Don't miss this limited time offer and apply for your second passport today.
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