Caribbean Islands St. Kitts and Nevis
Of all the Caribbean islands St. Kitts and Nevis are perhaps the most attractive and unspoiled landscapes. The government of these regions, due to public business losses incurred while attempting to maintain the island’s famous sugar industry and other enterprises, had amassed one of the highest debt burdens in the world, which is equal to around 185% of its GDP. The government has increased the progress of the economy by diversifying it to the tourism, incorporation, offshore banking, asset management, agriculture and insurance. St. Kitts Economic Citizenship is a program of this kind that offer many benefits along with dual citizenship to investors in the island.
Location of St. Kitts and Nevis
Located at a 350 Km distance from east-southeast of Puerto Rico and 80 Km west of Antigua, St. Kitts is an associated state of United Kingdom. St. Kitts and Nevis are separated by a shallow channel ‘The Narrow’ with a distance of 3.22 Km. The island has 985 meter central volcanic peak as its dominant and most marvelous feature. It is a slop land adjacent to the earth that leads downward to sandy beaches on the west and north shores. Natural springs are ample but rather as volcanic hot springs, particularly near the west coast. Island possesses a climate which is chilling with cool trade winds that changes from season to season.
St. Kitts – Democratic Government and a Stable Legal System
St. Kitts have a constant democratic government and a stable legal system based on English law. Islands use English as their official language. Literacy rate is 98% and as per records it is the highest literacy rate in the Western Hemisphere. Catholicism and Protestantism are the predominant religions in the islands. Major part of island’s revenue comes from the incorporation of companies, growth of international financial services industry, and asset management organizations. Tens of thousands of these companies are registered under the islands act, and are paying annual filing fees. The government of the island promotes more tourism activities to draw more visitors to the landscape.
Visitors at St. Kitts
As per records, 200, 000 tourists have been visited St. Kitts in the year, 2009. St. Kitts is well furnished with all most modern amenities such as five star hotels, exclusively restored plantation inns etc. Though St. Kitts does not have direct international flights or any cruise port, these absence of things have helped the country to maintain a relaxed lifestyle and low crime rate. The government runs a citizenship program by investment that allows investors to have residency and citizenship at St. Kitts, without giving up their existing citizenship or informing their home country. However, St. Kitts citizenship is subject to the approval and payment of registration and other transaction fees.
Benefits of St. Kitts citizenship
Benefits of St. Kitts citizenship include passport and visa free travel to around 85 international companies. Besides these, investors are not required to pay taxes for income, gift, capital gains, or inheritance. More than a fixed investment, there are many other reasons to buy properties at St. Kitts. It is more Scenic, comfortable and wonderful than any other Caribbean islands. So, take apart in the St. Kitts Economic Citizenship program.
Go for more information about Economic Citizenship by Investment please visit our website – http://www.kittitianhill.com/st-kitts-nevis-economic-citizenship/.
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