How would you like to travel to locations where not everyone is able to? We all know those common tourist hot spots where it is always crowded. This makes it hard to enjoy the scenery and the many attractions. However, there is a fun and unique travel opportunity you may not know about. As you learn more, you will certainly want to look into it closer to decide if it is right for you.
Being able to travel as you please, as well as being able to invest as you see fit is an eye-opening experience. One of the biggest investment opportunities is in real estate. Property can be purchased for the purpose of reselling it later. It can also be purchased to rent out to other travelers. Rental property can be a very wise investment as you have ongoing income from it all the time.
Visiting Saint Kitts and Nevis
You will enjoy visiting parts of the Caribbean including Saint Kitts and Nevis. These areas offer lovely beaches and warm water. However, there is much more than meets the eye by being a citizen of these areas. It means you can have businesses set up out there and not have to worry about taxes. The income and the capital gains can’t be taxed, and you are very limited in regards to what you have to disclose financially. It is all legal, too, so you don’t have to worry about any problems with legal entities.
Being able to legally invest in various businesses this way is more common than you may realize. Foreign investors are often strongly encouraged to help with the economic stability and growth of the area. The cost of this passport also is part of fuelling the overall economy.
Getting a Passport
In order to visit, you will need a St. Kitts and Nevis passport. Only citizens of these areas are able to obtain one. Since 1984, they have been offering a citizenship-by-investment programme. The cost is $250,000, and it provides you with the ability to go to 132 countries around the world. You won’t need a visa to do so.
The cost may seem steep at first, but not when you realize the potential it unlocks, not only for unlimited travel but also for business investing. You may decide you would like to invest in business opportunities in various countries around the world. You can travel to them if you wish or just invest in them. Perhaps you want to buy unique items from different countries and resell them. The possibilities are endless.
If you do reside in St. Kitts or Nevis, you need to get a visa according to the laws put in place as of November 2014. This was a decision from the Canadian government to reduce the risk of identity problems or misrepresentation by anyone who is part of the citizenship-by-investment programme. Make sure you carefully read all the terms and conditions of this programme before you apply for the passport.