It can thus be concluded that St. Kitts and Nevis is a great place for investing, living long term, and purchasing properties which you can then lease or set up industries of your own. The government’s policies are all pro-business and it shows up through the sheer number of people that shift their fortunes there every year.
It is a common trend nowadays that people who are tired of local economic conditions and who wish to make something better of their lives, such people tend to choose countries that have stable economies, good standard of living and the provision of all basic civic amenities required for a content life. This is especially true of some 3rd world countries in Asia; specifically India, Pakistan, Bangladesh and other regions. Having a dual nationality does not in fact mean that you have to surrender nationality of your native country, a lot of countries have laws that allow immigrants to keep their original roots intact and provide them a fresh nationality in exchange of some investment which is a prerequisite in such cases. There is the added benefit of being able to purchase properties, set up real estate or other business, and in this way; prosper. You can even apply for a passport too.
St. Kitts and Nevis is among the world’s best and increasingly more popular havens for investors; this can be attributed to a number of reasons; all of which go in favor of St. Kitts. Firstly, the whole process of being eligible and applying for the citizenship is a fairly straight forward process, which (admittedly) asks for an individual investment of over USD 250,000 as prerequisite, after that; however, the process is efficient and usually lasts around 4-5 months after which you will be granted citizenship. The passport is also a no hassle affair and comes with an added benefit of more than 10 years of validity; so you are unlikely to be frequenting renewal lines. The passport itself enjoys immunity in various countries on over 5 continents; it currently offers visa free entrance in more than 125 countries, and this number is being constantly increased with more and more countries being added each time. St. Kitts is often ranked among the 20 best islands in the world because of the security and financial incentives that it offers its nationals. The educational facilities, civil amenities, infrastructure and health care systems are also above par and this makes St. Kitts a safe place to live with your family.
Purchasing Saint Kitts real estate and property is a practical affair, and you are allowed even as a foreign national to purchase residential properties. However, once you have got your St. Kitts nationality, the state allows you to purchase industrial plots too and you can utilize these plots to set up any kind of business or factory you want. The government is incredibly lenient, and does not charge a single cent in the way of Income Tax on foreign businesses or income that is generated outside St. Kitts; thus it is a haven for businessmen wishing to invest their money and se it grow in the bank without having to pay anything.
Alice has many years of knowledge as a real estate agent. Now she works as a consultant to other real estate professional. If any of our reader’s has any query, suggestion, you can contact through this blog.
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