News

St. Kitts and Nevis, signs mutual visa waiver with The Gambia

October 2, 2018

"BASSETERRE, St. Kitts — In a much anticipated move to strengthen diplomatic relations with The Gambia, Minister of Foreign Affairs of St. Kitts and Nevis, Honourable Mark Brantley, and His Excellency, Dr. Mamadou Tangara, Minister of Foreign Affairs, International Cooperation and Gambians Abroad, agreed to waive visa requirements for entry into both countries by their nationals."

January 11, 2018

From the Office of the Prime Minister

The top travel destinations for 2018 have been released, with top-tier international media publication Bloomberg declaring St. Kitts and Nevis as “the place to go” for the New Year. The report was issued Jan. 2 and includes 22 locations in total.

The two-island country in the East Caribbean is known widely as the first country to adopt a Citizenship by Investment Programme, a product that allows foreigners the chance to call the nation their second home in exchange for a donation to the nation’s future.

Featured in the report “Where to go in 2018,” St. Kitts and Nevis is featured second on the list and is commended for what is described as the beach-escape hat trick – “It feels untouched while being both comfortable and convenient.”

Les Khan, CEO of the Citizenship by Investment Unit, believes the increasing interest and tourist demand on the island are signs of continual growth for the nation. “The island is becoming increasingly popular for tourists,” he said. “We hope those who come to the island can see the opportunity in calling it their second home as well. We are one of the select few nations in the world that offers second citizenship. It’s a popular programme, made more popular by the fact that St. Kitts and Nevis is a booming holiday destination.”

The islands are considered one of the most accessible in the Caribbean, assisted by direct flight paths, including the hubs of New York, London, Toronto and Miami. Prestige brands including Marriott and Hyatt are among a long list of luxury accommodation options, with Park Hyatt recently opening a 5-star establishment complete with spa facilities and private roof-top swimming pools.

Tourism is a budding industry for the twin-island nation of St. Kitts and Nevis, and is assisting in the strong economic forecasts delivered in the country’s recent budget. The nation’s popular Citizenship by Investment Programme is also a large contributor to the country’s increasing prosperity.

Investment in real estate is also an option for citizenship, with applicants to the Citizenship by Investment Programme wishing to capitalise on the increasing number of visitors to the island.

Advantages of Residency - Why Panama should be on your radar!

December 31, 2017

Many people do not realize the benefits of obtaining residency in a foreign country. Residency allows you to live, work and travel within your country of residence. It is easier to open bank accounts, buy property and invest among other things.

In several countries obtaining residency is your first step to eventually obtaining a second passport from your new country. While many countries require that you live at least 183 days per year within the country in order to qualify for residency, this is not the case in Panama.

Panama offers one of the easiest and quickest ways to obtain permanent residency along with a potential path to obtaining a second passport.

Panama is considered one of the ideal locations to retire due to its tropical climate and beautiful landscape. One of the main advantages of establishing residency in Panama is that all income earned outside of Panama is exempt from taxation. There is a facility to do business as Panama City is the largest offshore and regional banking centre in Latin America. The country has a rapid rising economy and is a suitable for up and coming entrepreneurs.

In May of 2012, former President Ricardo Martinelli issued a Presidential Decree 343 declaring that citizens of 22 friendly nations could apply to become permanent residents in a fast track manner.
Since then, other Decrees have increased the number of friendly nations to 48.

In order to obtain a permanent residency visa, citizens of friendly nations must establish professional or economic ties with the Republic of Panama. This can occur when an applicant either owns a Panama Corporation or a Panama company which does business in Panama or when an individual is hired to work for a Panama company. Proof of economic solvency is also another requirement.

It is important to take advantage of options that are available to you while they still remain available. Rules and laws are always changing when it comes to residency and citizenship. Contact us for additional information including a copy of the detailed friendly nations residency program.

Visa waiver agreement between Russia & St. Kitts & Nevis

December 31, 2017

A visa free waiver was signed between St. Kitts & Nevis and Russia allowing citizens of St. Kitts & Nevis to travel to Russia for up to 90 days without a visa. Likewise, Russians are allowed to travel to St. Kitts & Nevis visa free for 90 days.

The signing of the agreement is significant demonstrating the Federations commitment to bilateral relations between both countries. The visa free is effective late November 2017.