In recent years, with the continuous improvement of the immigration threshold of popular immigrants such as Australia and Canada, people have begun to turn their attention to some small immigrants. Today I would like to share with you a veteran investment mover located in the Caribbean Sea - St. Kitts.
Rogers, the American financial tycoon, once said a wise saying: "In the next 10, 15, 20 years, it is very dangerous to only have one passport, and in the face of the turbulent situation in the future, you must have a planb, and having a second passport will give you a chance to survive!" ”
Nowadays, more and more people are aware of the importance of "second identity", and the Chinese who choose to immigrate are no longer former laborers and "foreign queues", but investors. Investing in an overseas identity, whether it is for asset allocation, getting more earning opportunities, or for family hedging and allowing future generations to have a better development, is a wise choice.
St. Kitts, whose full name is St. Kitts and Nevis, is a federal island nation consisting of the islands of St. Christopher (St. Kitts) and Nevis, located in the northern part of the Leeward Islands of the Eastern Caribbean Sea. Why is St. Kitts the oldest emigrant? Because its investment immigration program has been in existence for 39 years since 1984, its status is stable and its continuation is guaranteed.
So what's so good about a St. Kitts passport? Why is it called the "King of Passports"? Will 2024 be the best year for investment immigration to St. Kitts?
1. The world's largest citizenship by investment program
Recently, Professional Wealth Management, a subsidiary of the Financial Times, released the latest CBI index, updating the 2023 ranking of citizenship by investment programs.
The rankings evaluate a total of 12 popular countries: Antigua and Barbuda, Austria, Cambodia, Dominica, Grenada, Jordan, Malta, Saint Kitts and Nevis, Saint Lucia, Turkey, Egypt and Vanuatu, as well as around Europe, the Caribbean, Oceania, the Middle East and other parts of the world.
According to the results, Caribbean countries still maintain their leading position, with Saint Kitts and Nevis ranking first in the world with a total score of 77 points (out of 90), accounting for 86% of the score, which is the third consecutive year that Saint Kitts has topped the list.
2. Visa-free Canada, and the status will be upgraded
On June 6, 2023, Canadian Immigration Minister Sean Fraser visited Winnipeg and announced that 13 new countries can enter Canada without a visa.
That includes St. Kitts.
If you have a St. Kitts passport and have held a Canadian visa for the past 10 years or currently have a valid U.S. non-immigrant visa, you do not need to apply for a visa, you only need to apply for an ETA to fly to Canada.
ETA stands for Electronic Tr**EL Authorization. The ETA is linked to a passport and is valid for up to 5 years and can stay in Canada for up to 6 months (180 days) at a time.
3. "King of Passports" and "World Pass".
The St. Kitts passport is known as the "World Pass" because its passport can be visa-free to 168 countries around the world, plus electronic visas, a total of up to 182 countries and regions.
St. Kitts ranks first in the Caribbean in the 2023 World Passport Index rankings. The World Passport Index is a passport ranking system that uses a factor called the Destination Importance Score to assign a unique value to each passport to determine the strength of a passport. St. Kitts is ranked 57th in the world and first in the Caribbean.
In the 2023 Henley Passport Index rankings, the St. Kitts passport is also at the top. Ranked 24th in the world, it is the first in the Caribbean. The Henley Passport Index is the original authoritative ranking of all passports worldwide based on the number of destinations passport holders can visit without a visa.
Fourth, the processing time is short, and there is no immigration supervision
St. Kitts immigrants have no immigration supervision, no language requirements, no funds**, no business experience and education, and the processing time is generally about 4-6 months, and the investment method is flexible.
Many people choose light immigration just to plan a second identity for themselves, and they don't really want to move to live. St. Kitts citizens are allowed dual citizenship, making it ideal for wealthy Chinese who want to get immigration status but don't want to give up their citizenship.
And St. Kitts buys a house, invests and lives at the same time.
St. Kitts is known as one of the 20 most livable islands in the world, and owning your own real estate on this beautiful island in the Caribbean Sea is a great investment for investors, whether it is for vacation, retirement, or renting.
5. A world-class tax haven
Tax planning has always been one of the reasons why high-net-worth individuals choose to immigrate, and St. Kitts, as a tax haven, naturally attracts many people with tax planning needs to immigrate here.
St. Kitts is a world-class offshore tax haven. St. Kitts has no personal income tax, capital gains tax, net worth tax, inheritance tax and gift tax, and a corporate tax holiday of up to 15 years.
In addition, St. Kitts will not tax its citizens' income, interest, gifts, property and inheritance outside the country (such as Canada and China), and citizens will establish an International Business Company (IBC) or Limited Liability Company (LLC) in St. Kitts and Nevis, which is a safer way to store assets and transfer funds, and it is also convenient for applicants to open offshore companies and offshore accounts to achieve cross-border business.
St. Kitts Application Requirements:
The main applicant is 18 years old or older;
No criminal record;
Meet one of the national bill investments;
St. Kitts entourage: The main applicant can bring his or her spouse, children under the age of 25, and parents over the age of 65 to apply together.
Press conference on Saint Kitts and Nevis
Saint Kitts and Nevis** implemented a series of initiatives between 2023 and early 2024 aimed at improving and advancing tourism as part of its sustainable islands agenda.
At a press conference held on February 13, 2024, Dr. Drew highlighted the country's efforts to diversify its economy.
Her Excellency Martha Henderson, Minister of Tourism of Saint Kitts and Nevis, used the platform to share tourism branding campaigns.
The above is the content about investment immigration St. Kitts, I hope to help you, if you want to know more about St. Kitts immigration, welcome to continue to pay attention to Europe and the United States!