Program Benefits
What are the benefits of participating in an investment through citizenship program to obtain a second passport? What are the details, restrictions and timelines? Take a look at this information for some of the answers you need.
Program Details and Timeline
- Get your second passport in as little as three to four months.
- You don’t have to reside in your new passport country.
- There’s no need to give up your current citizenship.
- The program is open to people of all nationalities.
- Your family gets the same full, irrevocable citizenship benefits that you get.
- Dual citizenship is allowed.
Specifics About Your St. Kitts And Nevis Second Passport
- Children up to age 25 are included as part of your family. (Some programs available elsewhere only include children through age 18.)
- Stamped-on-arrival travel or visa-free travel to more than 125 nations, including many European countries and most British Commonwealth countries.
- You aren’t liable for taxes even if you decide to live in St. Kitts and Nevis.
- No wealth tax, no gift tax, no inheritance tax and no taxes on foreign income or capital gains.
- No personal income tax.
- No restriction on repatriation of imported capital or profits.
- Tax holidays are granted for some qualified investment projects.
- Incentive packages are available with generous offers, including corporate tax incentives, import duty exemptions, tax relief and export allowances.
- Trading with Canada is tax free.
- Trading throughout the Caribbean is duty free.
- St.Kitts/Nevis is a British Commonwealth country with a proven, stable democratic government.
Specifics About Your Dominica Second Passport
- Spouse and children up to age 21 benefit from the program.
- Travel visa-free to 66 countries and get visas easily when and where required.
- No wealth tax, gift tax, inheritance tax, capital gains tax or foreign income tax.
- No personal income tax.
- No restriction on repatriation of imported capital or profits.
- Incentive packages are available with generous offers, including corporate tax incentives, import duty exemptions, tax relief and export allowances.
- Currency is pegged to the US Dollar.
- Trading within the Caribbean is duty free.
- The program is available to most nationalities, but there are some restrictions.