Companies, trusts, and second citizenship of Saint Kitts and Nevis

Dear readers of InternationalWelath.info portal! The number of our articles about the possibilities to protect your assets, to grow your capital, and to acquire second citizenship abroad is increasing. We aim to inform you in every detail about the business immigration mechanisms and about the practical applications of offshore companies.

In this section, we discuss the country that can be referred to as the champion of the offshore industry, namely, the Federation of St Kitts and Nevis. We consider Nevis separately for classic offshore asset protection purposes, and we consider the Federation as a whole for the purpose of acquiring foreign citizenship. St Kitts and Nevis has the longest standing and the most reliable citizenship-by-investment Government program in the world.

It is important to realize that in the era of de-offshorization and the disappearance of old ‘cheap’ offshore solutions, the demand for a second passport of St Kitts and Nevis is growing rapidly. The passport can be acquired through a donation to the state fund or a returnable investment into the country’s economy.

The more the mass media are talking about de-offshorization and aggressive political control over large international businesses, the higher is the demand for second passports available in the Caribbean. St Kitts and Nevis is the bestseller there as the citizenship-by-investment program has been running in the country for thirty years already and you can return your investments after five years and even make a profit if you apply to this program.

St Kitts and Nevis does not only allow protecting your assets but it can also bring physical protection to you and your family. This is an especially valuable opportunity in the environment that is growing more aggressive day after day.

Please bear in mind that the corporate legislation on the island of St Kitts is different from that on the island of Nevis. Currently, the laws of Nevis protect foreigners’ assets much more efficiently in comparison to the laws of St Kitts even though you can register a company on any of the islands. Besides, the company Register on Nevis is more pro-business as the islanders consider offshore company registration a profitable business and they are not quite ready to give up on it even under pressure.

As far as the economic citizenship program is concerned, you can apply for citizenship of the Federation of St Kitts and Nevis and if you would like to make an investment, you can purchase property on any of the islands. The articles in this section will let you understand what offshore products and services are available in Nevis alone, and which ones are available in the Federation of St Kitts and Nevis.

I. Offshore industry products on Nevis and in the Federation of St Kitts and Nevis

In this section, we describe all our products and services that contain at least one element located in St Kitts and Nevis. Here you can find articles about company registration in Nevis, bank accounts, trusts, multiform foundations, and the citizenship-by-investment opportunity.

II. Classic offshore companies on the island of Nevis

Here we describe the practical applications of Nevis-registered companies. We discuss the cases when an LLC would be preferable and those when an IBC (International Business Company) is desirable. We also talk about hiring nominees in Nevis (both corporate and individual) and mention the cases when you can do without nominee services. We inform the readers about the differences between Nevis-registered offshore companies and companies registered in other jurisdictions (we mention both less expensive and more expensive options). Besides, we point out all advantages that Nevis-registered companies have as well as their disadvantages. We compare Nevis with other offshore jurisdictions as well as other ‘clean’ jurisdictions that do not have the ‘offshore’ stigma. Finally, we show how classic offshore companies registered in Nevis can function in tandem with midshore and onshore companies.

III. St Kitts and Nevis in the offshore world

From the articles in this section, you can learn about the geographical position of the Federation of St Kitts and Nevis, the history of the islands, their political neutrality, the legislation that is applied there, the international relationships that the Federation has, and the course of development that the country follows. The authors of the portal visit Nevis regularly and attend St Kitts & Nevis High Commission receptions so we are knowledgeable about the jurisdiction indeed.

IV. Trusts and multiform foundations in Nevis

Nevis is the only jurisdiction where registering a Multiform Foundation is possible. In this section, we discuss the practical applications of such foundations as well as classic offshore trusts registered in Nevis. We also compare the latter to onshore-registered trusts.

V. Second citizenship and the passport of the Federation of St Kitts and Nevis

The citizenship-by-investment Government program was started about 30 years ago in St Kitts and Nevis. Initially, it was aimed at attracting investors from the USA but currently, the main ’buyers’ of St Kitts and Nevis passports come from China, the UAE, and the CIS countries. You can acquire foreign passports for all the members of your family and besides, you can earn a profit if you invest into real estate in the country. In this section, we describe all the Government-approved development projects in St Kitts and Nevis that qualify for the citizenship-by-investment program.

VI. General information about the Federation of St Kitts and Nevis

In this section, you can find general information about the islands of St Kitts and Nevis. The articles here will be of interest to those who consider applying for citizenship of the country and investing into real estate there. It is important for any investor to understand whether he or she will be able to resell the property after five years of ownership or whether this property can bring a stable income. Visiting the island to find it out would be a good idea without doubt but that is not enough. Here we answer the questions that our readers and clients – prospective investors into real property in St Kitts and Nevis – most frequently ask.

VII. The history of St Kitts and Nevis

The articles in this section will be of interest to future citizens of the country. Believe us the history of St Kitts and Nevis is truly exciting.

VIII. News from St Kitts and Nevis

In this section, we publish the latest news from the islands informing the readers about the development of the country, the significant events that happen there, and the transformations in the business sector of St Kitts and Nevis.

IX. Marine vessel registration in St Kitts and Nevis

The Federation of St Kitts and Nevis allows registering ships and yachts even though not of any kind. However, those who would like to register a ship there will be pleasantly surprised by the fees.

X. St Kitts and Nevis agreements on avoidance of double taxation and exchange of fiscal information

XI. Corporate and trust legislation in Nevis

XII. Conferences on offshore industry-related topics in St Kitts and Nevis

Conferences and summits on economic citizenship and asset protection taking place in St Kitts and Nevis.