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New Prime Minister of St. Kitts Nevis takes office, multiple benefits of identity configuration

label: 2022-08-10

A few days ago, the general election of the Prime Minister of the Federal Government of St. Kitts Nevis came to an end.


St. Kitts-Nevis Labour political leader Dr. Terrance M. Drew was elected to the St. Kitts-Nevis Labour Party by 2,950 votes, beating Timothy Harris, the People's Labour Party's political leader, who received 1,266 votes. Fourth Prime Minister of the Commonwealth of Kitts Nevis.


On August 6, local time, Dr. Terrence Drew was officially sworn in, opening a new era of governance for the new federal government.


"I look forward to serving the people of St. Kitts Nevis over the next five years, respecting the principles of good governance, transparency and integrity, so that our country can be among the best," he said.

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The United States, which is friendly with St. Kitts Nevis, also issued a statement congratulating Dr. Terence Drew on his successful election.


We look forward to working with Prime Minister-elect Drew to further strengthen the relationship between the United States and St. Kitts Nevis and move our two countries toward a brighter future.


The new Prime Minister is Dr Terrence Drew, a former general practitioner, a well-known local community activist and philanthropist.


In his early years, he graduated from the Cuban Medical Research Institute with first-class honors, and then received a full scholarship to study internal medicine at the American Medical College, and later became a member of the American Medical Association.


He also served as an official of the House of Representatives from 2006 to 2007 and an official of the Ministry of Health from 2007 to 2010.


Over the years, St. Kitts Nevis has made remarkable achievements in economic development, livelihood and employment.


In particular, the outstanding development in the field of investment immigration has made this small country in the Commonwealth of North America, with a land area of only 267 square kilometers, a twin-island paradise loved by global investors.


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In order to meet the needs of more investors, the St. Kitts Nevis government has successively formulated a series of major innovations, making the St. Kitts Nevis investment citizenship program more popular today.


01


Launched "VIP Accelerated Application Channel"


The St. Kitts Nevis Citizenship by Investment Program provides one of the most efficient application procedures in the world. Through the "VIP Accelerated Application Channel", the status application period can be shortened to 45 to 60 days.


02


Online application system is put into use


The St. Kitts Nevis Immigration Service's efficient and environmentally friendly online application system can track the progress of each status application from submission to completion 24 hours a day. Even during the epidemic, investors' applications can still be processed quickly and with high quality.


03


Attractive global liquidity


Investors who have obtained St. Kitts Nevis citizenship through the Citizenship by Investment program have access to attractive global liquidity. The continuous expansion of the territory of the establishment of diplomatic relations has made its identity more and more popular.


Citizens of St. Kitts Nevis can now enjoy visa-free access to more than 160 countries/regions, including Germany, France, the Netherlands, and Italy. Each entry to the UK can be visa-free for 6 months.


It is easier to apply for a 10-year multiple entry visa to the United States through St Kitts Nevis status.


04


Tax Planning/Effective Response to CRS


Citizens of St. Kitts Nevis enjoy tax-free treatment, and the security of local assets is guaranteed by strict laws.


And all income, interest, gifts, property and inheritance of local citizens outside St. Kitts Nevis are exempted from taxation.


In addition, it can effectively deal with CRS through the identity of St. Kitts Nevis, which can be said to be an essential tool for global asset allocation, opening of offshore companies, and overseas listing.


05


Expand the scope of affiliated applicants


In November 2020, the St. Kitts Nevis Immigration Service included the siblings of the main applicant or spouse in the application of the Citizenship by Investment Program, adding more possibilities for family applicants and further expanding the Citizenship by Investment Program in "Family Reunification". " advantages.


When high-net-worth individuals configure their overseas identity, they often comprehensively consider various needs such as freedom of travel, tax planning, children's education, and asset allocation, and the St. Kitts Nevis identity can solve multiple problems with one click.


After successful naturalization of St. Kitts Nevis, the applicant can obtain a St. Kitts Nevis passport and a citizenship certificate issued by the Prime Minister.


What new policies will be introduced after Dr. Terence Drew takes office and how will it affect investors? Not yet known.


However, as the world's oldest St. Kitts Nevis investment naturalization program, its platinum standard model, the safest and fastest way to obtain overseas identity... The powerful project advantages will always last forever!


Xingyunhai International was the first in the industry to establish a close and friendly cooperative relationship with the St. Kitts-Nevis government and relevant departments. Issues such as the Kitts Nevis Citizenship by Investment Program are discussed in depth.


You are welcome to inquire about the St. Kitts Nevis Citizenship by Investment Program with Nebula International!


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