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St. Kitts. Nevis immigration is a model of obtaining a passport directly in one step.

After having a St. Kitts passport, investors can operate a business in St. Kitts, and then expand their business around the world territory.

St. Kitts. Nevis has an excellent tax system. Not only does it have no personal income tax, capital gains tax, overseas income tax, inheritance tax, gift tax, etc., it is also a non-global taxation country. Here, the investor congress can achieve the goal of easy allocation of global wealth and reasonable tax planning!

Recently, The National Assembly of Saint Kitts and Nevis passed the "Virtual Assets (Amendment) Act 2021"< /strong>, to further strengthen the security of the dual-island federal financial system.

Attorney General Vincent Byron Jr. said: "This bill will ensure that our jurisdiction is protected from money laundering, terrorist financing and the proliferation of weapons of mass destruction."

"When we use these new and innovative technological methods for business transactions and financial services, it also means that we expose ourselves to certain types of risks, and this bill is designed to help us prevent these risks. of."

Akilah Byron-Nisbett, the Minister of Information and Communication Technology, also supports the bill. She pointed out that virtual assets are seen as a way to quickly transfer value around the world. protecting the financial structure to maintain investor confidence is very important. important.

The government of Saint Kitts and Nevis is working to establish a fintech-friendly legislative and regulatory framework to provide protection for investors’ assets. For investors, it is undoubtedly a big plus!

Global assets tend to be transparent

The time to amend the bill coincides with the recent launch of the Eastern Caribbean Central Bank (ECCB) digital currency pilot project. According to the information published on the European Central Bank’s website: “The DCash pilot involves casting a'digital version of the East Caribbean dollar (DCash)' as legal tender. "

Sharmyn Powell, chairman of the ECCB financial technology working group, revealed to the media that in the past two years, digital currency (DCash) has been developed and pilot work is also underway. ECCB's goal is to reduce cash usage by 50% by 2025.

With the exception of the Caribbean, digital currencies are sweeping the world with the acceleration of pilot work in various countries. It can be seen that currency digitization has gradually become an established fact.

This development not only facilitates our lives, but also provides detailed and clear records of the source and destination of funds, making the assets in our hands increasingly transparent. Such a huge amount and popularity, heralds that under the background of big data, the era of asset transparency and transaction transparency has accelerated to us.

St. Kitts leads the Caribbean in economy

According to ZIZ News in St. Kitts and Nevis, the International Monetary Fund (IMF) predicted in the recently released "World Economic Outlook" report-"Between 2021 and 2025, St. Kitts and Nevis The economy will grow at least 8%, ranking second among the Caribbean countries in terms of growth rate."

Although the global economy is currently experiencing a recession caused by COVID-19, the IMF predicts that between 2021 and 2025, Shengji The economic growth rate of the city will be one of the fastest-growing and highest-growth countries in the Caribbean.

As a country recognized by the IMF for economic growth, St. Kitts. Nevis’s future development prospects will be more promising, which may attract more investors. The strong economic growth of St. Kitts. Nevis will also benefit every immigrant investor. Now it is St. Kitts immigrant investment . Good time for Nevis.

People who are suitable for Saint Kitts passport

1. High-net-worth circle: realize global wealth allocation and tax planning;

2. High-end business travel tier: save the time for visa processing, and provide convenience for flying to all parts of the world for business, meetings, travel and vacation;

3. Elite education group: Integrate with international education and provide convenient conditions for applying to enter a world-class school;

4. Enjoy life groups: provide new opportunities to transform and change the living environment;

5. Global development of enterprises: to realize the global development of enterprises and provide more convenience for international business.

At present, St. Kitts. Nevis has established diplomatic relations with 98 countries and signed visa-free agreements with about 160 countries and regions around the world. This makes the Saint Kitts Nevis passport one of the most powerful passports in the Eastern Caribbean.

This also fully proves that St. Kitts. Nevis is a stable and peaceful democracy. When talking about global mobility, Prime Minister Harris said that he would try his best to create convenient overseas travel and every citizen can benefit from it.

In general, the government of St. Kitts Nevis has attracted more and more investors as it continues to improve its strength.

Xingyunhai International

SING YUN

Saint Kitts Nevis citizenship by investment program