St. Kitts and Nevis Citizenship by investment: Pros and cons

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Let’s talk about St. Kitts and Nevis citizenship by investment and its pros and cons.

There have been a number of changes in this program, and these are the latest updates.

This is the first video of the Caribbean citizenship by investment series, and there will be more coming up soon.

St. Kitts and Nevis is the oldest economic citizenship program in the world, running since 1984.

The program started to pick up in the early 2000’s, as more CBI programs started to come along.

The country is proud of its “platinum edge”, despite the price wars that have been going on in the past years.

For more information on price wars, click on this link:

The country made sure that their prices didn’t drop too much, in order to maintain that heritage distinction.

Andrew talks about ways to obtain St. Kitts and Nevis Citizenship – you have the donation route and real estate purchase route.

After giving a significant discount for 6 months in 2017, the country decided to put a $150,000 price tag on a single passport option.

On the real estate side, the prices are steeper and you can only buy “approved real estate”, which aren’t that great, to begin with.

There’s also a new option when it comes to investing in real estate, about which Andrew talks about in the video and explains what it’s all about, so keep watching.

Stay tuned for more videos from the series to get more detailed information on Caribbean citizenship by investment programs.

ABOUT NOMAD CAPITALIST

Andrew Henderson travels to nearly 30 countries every year to stay up to date on the latest legal strategies for entrepreneurs and investors to pay less tax, grow their money faster, and build their personal freedom.

Andrew started Nomad Capitalist to help people like you follow his five magic words: “go where you’re treated best”. He has personally started foreign companies, opened offshore bank accounts, and obtained multiple second passports.

He also learned the hard way that perpetual information seeking is often the biggest barrier to getting the results you want. Many entrepreneurs spend months and even years constantly researching how to pay less in tax or live overseas, but are afraid to make the jump.

As a result, they get stuck and keep paying a fortune in taxes and never get the lifestyle they deserve.

Nomad Capitalist’s Youtube channel is based on Andrew’s vision that focusing on the end result, rather than the latest shiny object, is the best way to actually obtain the benefits of the Nomad Capitalist lifestyle.

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