St Kitts vs. Dominica Citizenship: What are the differences

There are many republics in the world worthy of a tourist’s attention. Therefore, having visited them once, one will want to extend an unforgettable experience and become a citizen at the legislative level. It is possible to admire nature’s beauty and have certain privileges from the government.

Just such are the Caribbean lands of St. Kitts and Dominica. Both are paradisiacal places, the highlight of which is a pristine nature and unlimited opportunities. They are simply made for relocation. At a glance, it’s hard to make a comparison between them, but let’s try. After all, your choice should not only be based on intuition.

So, the Federation of St. Kitts and Nevis is an island land in the Caribbean, consisting of two parts, surrounded by the sea. The island seems like a big fish if you look at a map. It’s an attraction for tourists, as well as for those wishing to settle there.

What makes it different from Dominica?

The Republic is an island characterized by mountainous terrain. Crowds of tourists come here to immerse themselves in a tropical paradise. Dominica is characterized by distinctive features, which we will discuss in general. At the end of the article, you will understand how the powers differ and where to send the documents to get the coveted St Kitts Citizenship or of Dominica.

Features of moving to St. Kitts

There is no income tax, no tax on income, and you will be exempt from inheritance deductions. It is a great reason to move to use St. Kitts and Nevis citizenship program. The second impressive plus is the simplified entry to more than 150 countries worldwide.

Now for the essential features of the st Kitts and Nevis CBI program:

1. Documents are processed for a maximum of six months without the need to visit the island, that is, by a remote method.
2. Any information about the Internationalist and his family is secret and not disclosed to third parties. Therefore, you can be sure that you are safe if you use a special program.
3. There are no age requirements. However, children under 30, the elderly over 60, and a spouse are allowed on the application. 
4. The transfer of citizenship by inheritance, though not a distinctive feature of St. Kitts, as many territories make it possible, does take place.
5. There are no language requirements, so prospective investors do not take exams.
6. Opportunities to travel within the EU and, importantly, to spend a lot of time in one’s favorite place because the government does not limit it.
7. If one wishes, one can get a ten-year visa to travel to America, which opens up great opportunities for a cosmopolitan.
8. The absence of taxation is the final cherry on the cake for those who want to develop a business and get well settled in the country, get an education, live, and enjoy their advantages.

One has to pay about 125 thousand dollars for one person and 10 thousand for each child to get to paradise place. For an elderly relative, which can be a grandmother or mother, father, or grandfather, one will have to pay 25 thousand. However, you can choose another way, for example, to buy a building already approved by the government for sale. Of course, your expenses will increase often, but this one-time fee will pay off, and you can sell the property after seven years of ownership.

If you want to invest in one object with your spouse, for example, the amount will be reduced and will be 200 thousand for each owner. Similar programs offer in Antigua and Barbuda, Grenada, and many others, but they have their benefits and disadvantages. And now let’s talk about the tidbit for investors – Dominica.

What are the advantages of residency in Dominica? 

Dominica’s citizenship by investment program has been in effect for 30 years. It is suitable for the majority of wealthy people who want to improve their standard of living and be able to visit European countries without problems, which is about 150 places in the world, including Schengen. 

The basic pros are the following:

1. It is not necessary for the applicant to be present during the processing of documents and to be in Dominica.
2. Getting a Dominica passport is already possible in an average of 5 months.
3. A second passport, in addition to the native passport, opens up to its owner many opportunities, the main among which is the chance to travel to more than 140 countries and long-term visits to the United States.
4. Living in this power, you save on taxes, including corporate taxes.
5. Receiving quality education in medical services.
6. Stable political and economic situation, security from terrorism.
7. The mountainous terrain and pristine nature make Dominica even more desirable.
8. The minimum contribution to the economy fund is $100,000 per person.

According to Victor Esik (agency Immigrant Invest), you can choose one of the ways to invest, but it is better to give preference to the purchase of real estate. Because by law, you can sell your possession after three years and get double the profit from your business.

Conclusion

Both attract by mountainous terrain, endless beaches, warm seawater, and easy ways to get there. By choosing the internationalist path, you won’t make a mistake because you can visit England and other countries unhindered, staying there for about 90 days without any claims from the island republic. However, there are differences between the programs.

For example, Dominica provides all rights for international companies; that is, already having a business in your native country, you will be exempt from taxes if your organization develops in the territory of the second state. Plus, if you obtain Dominica citizenship, there is a minimum lump sum in funds and a quick payback if you buy real estate.

A resident will be comfortable and safe in both powers and enjoy all the privileges, education, health insurance, and other opportunities. However, the choice is yours!