The government instituted a program of investment incentives for businesses considering the possibility of locating in St. Kitts or Nevis, encouraging both domestic and foreign private investment. Government policies provide liberal tax holidays, duty-free import of equipment and materials, and subsidies for training provided to local personnel.
There are no income taxes and no net wealth taxes in St. Kitts & Nevis .
Other advantages include tax breaks of up to 15 years, repatriation of profits and the possibility of tax-free entry of produced goods into the US market. Substantial European import benefits also apply.
There is also a Citizenship-by-Investment Programme in operation. This is the oldest and most reputable citizenship programme in existence. As there is a separate real estate investment requirement in addition to government fees, a more important financial commitment is required and consequently this makes the programme more exclusive. St. Kitts & Nevis is a very attractive place to own real estate, and there are some excellent real-estate developments that are approved under the citizenship programme. Furthermore, the St. Kitts & Nevis passport is very well regarded as only relatively few passports have been issued under this citizenship-by-investment programme. As a result, St. Kitts & Nevis passport holders enjoy a passport with an excellent reputation and very good visa-free travel. Accordingly, the St. Kitts & Nevis citizenship-by-investment programme is the most attractive option if one is looking to acquire citizenship through investment without prior residence requirements.
7568 text it... find it...
Search our directory with your mobile phone... Text any search criteria to '7568' and get instant results on any mobile phone.