(MENAFN- Bashir Mraish Consultancy) The government of St. Kitts and Nevis, located in the Caribbean, has extended the offer it announced last year reducing the investment price of citizenship for a family of four from $195,000 to $150,000. This limited offer, which is set to expire at the end of year.
This decision was made in response to high demand from businessmen and investors from countries around the world, as well as an increase in its popularity, particularly among Middle Eastern businessmen. With the continuation of this reduction in investment prices, the Saint Kitts and Nevis program continues to be one of the most budget-friendly and accessible ways to acquire a second passport and enjoy the many benefits it offers.
Given the global economic consequences of the COVID-19 pandemic, Saint Kitts and Nevis is working to find innovative ways to boost the local economy and maintain the five-year economic growth it has seen. In recent years, to attract investors, the island launched its programs for obtaining citizenship and second passports by investment. These programs have been a huge success thanks to the government's continuing efforts to invest in this sector, which is a major economic booster. Now, due to the increased demand for its passport, Saint Kitts and Nevis has agreed that extending its discounted offer for another year is the best decision.
According to a study by Bluemina, which specializes in citizenship and permanent residency by investment and second passport programs, the benefits offered by the Saint Kitts and Nevis' passport – comparable in strength and utility to the passports of major countries – account for the high demand for this offer.
In this regard, Mr. Wasim Daoud, CEO and founder of Bluemina Citizenship & Permanent Residency, which is the marketing agent for the Saint Kitts and Nevis programs in the Middle East and North Africa region, emphasized the importance of the government's decision to extend its offer, saying, “Due to benefits offered by Saint Kitts and Nevis and its distinguished passport, their citizenship by investment program has become one of the most popular in recent years, and with the extension of their offer, this can be considered a new opportunity for investors and businessmen in the Middle East looking for a strong passport from a prosperous country at a low price.”
The St. Kitts and Nevis passport ranks among the most powerful in the world, which ensures that the value of the money invested is preserved. You can obtain it within four to six months with simple requirements, reasonable prices and a 100% guarantee in investment outcomes.
The citizenship of St. Kitts and Nevis comes with a number of benefits, including visa-free travel to over 160 destinations, such as the Schengen countries, the United Kingdom, Singapore and Hong Kong. Citizenship does not require physical residence and includes services that ease the process of opening offshore bank accounts and companies. You can register your business and benefit from tax exemption, as well as many other benefits that will help you grow your business and access world-class health care and education.
Not only can families now obtain second citizenship from a country that enjoys stability, prosperity and a British Commonwealth passport, but they can also take advantage of the many benefits that this country has to offer at a significantly reduced price. Obtaining citizenship in Saint Kitts and Nevis can also be seen as a long-term investment, as the family can benefit from all the benefits of full economic citizenship at a competitive price.
In conclusion, it’s your choice to be part of this journey to become a global citizen, and you can choose among many programs that fulfil your goals and objectives while still remaining within your budget. Invest in a second citizenship, get a second passport with the help of Bluemina’s team and own the world with no limits.
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