We have already mentioned more than once that the Caribbean state of Saint Kitts and Nevis has simplified the procedure and conditions for granting citizenship for investments. And now is the optimal time to get a second passport. We are often asked the question: how to use the citizenship of the Caribbean? We will answer it with a story about a case from our practice that occurred 2 years ago.
- Ivan, 68 years old. A wealthy pensioner. At one time owned a network of pharmacies in Russia. Now transferred it to the management of his son, and he lives on dividends from this business
- Natalia, his wife
Ivan has long been determined with the place of permanent residence. They are absolutely satisfied with his wife Cyprus, they are suited to the local climate. They are in love with this country and do not plan to move anywhere from there. A married couple has a residence permit for Cyprus - this status allows them to reside in the country all year round.
Both spouses love to travel, but the status of the residence permit of Cyprus imposes serious restrictions on their trips. Since this country is not included in the Schengen zone, for travel to Europe, Ivan each time had to issue a visa. And each time the procedure was held with some kind of nuisance. The cup of patience overflowed at a time when Ivan was issued a visa to Austria only for the duration of the trip - for 9 days. Meanwhile, he planned two or three weeks after the first trip to come to this country again on business. That is, he had to issue a visa twice a month.
Aims and Tasks
The main task that Ivan set for himself is the design of a second citizenship for traveling around the world without visas. At first he tried to solve this problem independently - through the registration of the citizenship of Cyprus. However, it turned out that he does not fall under the program for investors, as his property was acquired much earlier than it appeared. Additional investments of 2.5 million euros were not included in Ivan's plans. Therefore, he continued to seek a solution to his problem. It was at this stage that he turned to our company.
Finding a solution
We studied the situation of Ivan and realized that his criteria correspond to the programs of the countries of the Caribbean. Together with the client, we reviewed each of them, and Ivan stopped the choice of the program St. Kitts and Nevis.
- It has been in existence longer than other Caribbean programs since 1984
- Saint Kitts and Nevis is a jurisdiction that has authority all over the world
- With the Saint Kitts passport, our clients will be able to travel without visas to 124 countries, including the UK and the Schengen
- Ivan will not have difficulties if necessary to interact with government agencies in the future
Registration of citizenship of Saint Kitts
Under the terms of the investor program, the due diligence for Due Diligence was awaited. Ivan was ready for her, since his business is absolutely legal. He never had any problems with the law. We easily helped him to collect the necessary package of documents to be submitted to the government of St. Kitts. Already after 5 months, Ivan and his wife became holders of second passports.
- Now the couple need not think about Schengen / UK visas
- They can rest at resorts of almost any country in the world
- Ivan's son also thought about acquiring the citizenship of the Caribbean for a transition to preferential taxation
It is noteworthy that, literally six months after receiving the passport of St. Kitts and Nevis from the wife of Ivan ... he was stolen. It happened in a Spanish resort, where the couple was resting.
Despite the fact that Natalia was worried about the loss, Ivan remained perfectly calm. He called us and we explained to him in detail how to replace the passport. The procedure itself is quite simple, and after 14 days Natalia received a new passport.
Recall that for the next six months, some countries in the Caribbean (St. Kitts and Nevis, Antigua and Barbuda, Dominica) significantly reduced the cost of their passports. This is a unique opportunity to obtain a second citizenship at a relatively low cost. For more details, please contact us.