Those looking for citizenship by investment within the beautiful Caribbean region should seriously consider the twin-islands of St Kitts and Nevis as a leading contender. It has recently been reported in the International Doing Business Report that the St Kitts and Nevis passport now ranks as the strongest East Caribbean passport and #2 in the Caribbean Community (CARICOM) making it a major global business hub.
What standards must be achieved for a nation to hold such coveted accolades? Kennedy DeSilva, Deputy Comptroller of Customs explains that “they look at things like what is involved for a business to import 144 containers into your business. The time it takes to clear the goods. How [streamlined] is it to pay taxes. What the technical requirements are. How much documentation you require.”
Prime Minister of St Kitts and Nevis Timothy Harris elaborates on the nation’s heightened passport ranking and why their citizenship by investment program is so highly sought after, “the methodology used in this most recent passport ranking considered among other factors visa-free travel, which [the indexing agency] awarded a high score of 50%, taxation policy, issues to do with freedom, and the facility with which persons can have more than one citizenship among others.”
Interested in learning more about the benefits of Kittian and Nevisian citizenship?
Visit our St Kitts and Nevis citizenship by investment program for more details.