Citizenship by investment are not a new thing. Many countries, especially the European ones, offer their passports if you invest in their country and there are usually multiple investment types and also the required amount of money you need to invest in order to get the citizenship.
What’s the point of this system? Depending on the country, it helps the country’s economy, but at the same time, it offers a huge number of benefits for the new citizens. What do we mean by this? If you get a visa or a citizenship of a country that is visa free, that means that you can travel to hundreds of countries with no limitations, either legal or limitations of another kind. This is one of the biggest reasons why people choose to invest in certain areas in order to get their passport.
However, there is one small country that is special compared to all the other ones, when it comes to the amount of money that needs to be spent and other requirements, and that is the Federation of St Christopher and Nevis that is located in the Caribbean Sea.
This small country offers citizenship to people who are ready to spend at least 150000 dollars there, and they can choose whether their investment is going to be refundable or non-refundable. It’s important to mention that this system is the oldest in the world, which means that this was the first country to set up a program that would allow people to get their citizenship after which many countries in the world has started to do the same thing.
The first thing you will get if you become a passport holder of this country is free travelling to almost 160 countries all over the world with no special requirements.
You won’t need a visa and you will be able to stay in each of these countries for up to 200 days. What many people want to know is does this includes countries such as the US and UK. The answer is simple – it does.
Although this passport is on the 54th place when it comes to the travel freedoms and power it has, you need to know that it still doesn’t allow you to simply start living in a country of your choice. Same goes for UK.
This means that if you’re planning on start living in the UK, you would need some extra documentation and you need to go through certain procedures if you wanna stay in UK for more than it’s predicted by the regulations made for St Kitts and Nevis passport holders. Still, you’ll be able to travel with no limits, whether it is within the EU Union or not.
On the other hand you will be able to live in UK under one condition if one of your parents or grandparents are holders of British or St Kitts and Nevis passport. If that’s the case that means that you can obtain British citizenship simply by birth. This is also another reason for you to invest in this small country, so that your children and grandchildren can automatically become British citizens as soon as they get born.
When it comes to the types of investment you have to make, you can either invest in a property of your choice, with a couple of other applicants, if that’s your preferred type of ownership, in which case it’s possible for you to get a return of your initial investment. How is that possible? There is a 7 year frame, after which you can resell your property and get your investment back. If you prefer to be the only owner of the property of your choice, this means that you will be able to invest a higher amount of money ($400k instead of $200k) and you will need to wait for at least 5 years if you want to resell the property and reinvest somewhere else.
What are the property types investors and future residents usually invest money in? Considering the fact that this country is in the Caribbean sea, one of the main fields is tourism. That being said, future passport holders invest in resorts, hotels etc. and they not only get the most wanted passport, but they also get a nice revenue, and a return that can go up to 5% a year.
On the other hand, if you’re not planning on purchasing a property in this small country, you can simply help its economy by making a donation that needs to be at least $150k, but this amount of money can be higher if you want to. That being said, this is one of the lowest requirements when it comes to citizenship visas, globally speaking. For more info, visit https://imperiallegal.com/st-kitts-nevis-citizenship/.
Of course, you need to know that you can also get the citizenship for the members of your family, but you will need to invest a bit more, depending on the number of people. There are, however, certain limitations. The members of your family, your kids, shouldn’t be older than 30, or older than 60, so you need to keep this in mind when applying.
Finally, one of the best things about this program is the fact that you can get a citizenship in less than 50 days, which is a very important factor for many people who need the citizenship fast. Unlike other programs and other parts of the world, where you can wait up to several months, this program offers much more in terms of how fast you can acquire the much needed passport. Isn’t this a fantastic benefit?
If you’re still having second thoughts, when it goes to acquiring a passport in this country, you need to know that by making investments for donations in this country, you’re both making a significant contribution to its development and you’re also creating a better future for yourself which is exactly why you should consider applying to this program first instead of applying to other programs in the world.