Friday 3 February 2023

ST KITTS AND NEVIS OFFERS SECOND CITIZENSHIP WHILE BEING RESIDENT IN THAILAND

KUALA LUMPUR, Feb 2 (Bernama) -- St Kitts and Nevis, situated between the Atlantic Ocean and the Caribbean Sea is offering a second citizenship in the dual-island nation while being a resident in Thailand.

According to a statement, Thailand is known for its tropical beaches and rich history in which its capital, Bangkok, is a very popular city for the ultra-wealthy offering modern amenities and tropical weather not far from nature’s escapes.

Thailand and St Kitts and Nevis are two countries with many similarities as both have tropical climates, beautiful beaches and vibrant cultures.

Additionally, both countries share a passion for tourism and hospitality, which has helped them become popular destinations for travellers from around the world.

Investors can choose one of four investment options to apply for St Kitts and Nevis citizenship by investment such as donating to the country’s Sustainable Growth Fund; investing in pre-approved real estate; purchasing a private home or choosing the ‘public good option’.

“A limited-period offer is available for the Sustainable Growth Fund option which runs until June 30,” it said.

The Sustainable Growth Fund will be used to provide financial support to educational institutions and medical facilities, as well as provide additional funding for the construction of infrastructure, local tourism development, the preservation of local culture and heritage and support of sustainable growth initiatives in the twin-island nation.

St Kitts and Nevis pioneered the concept of citizenship by investment (CBI) and has been running one of the most successful programmes of its kind in the world for nearly 40 years.

-- BERNAMA

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