If you prefer traveling to the Caribbean, you should learn more about the possibility of getting full citizenship in different countries there. A lot of them are offering a model where you can become a citizen after making a certain investment. One of the most popular solutions is to choose second citizenship by investment, which is possible in St. Kitts and several other countries.
The process is quite simple, and there are many benefits to making this choice. There are two models available, such as making a donation and investing in property. The first one will require an investment of $150,000, while the second one requires investing in property that costs at least $200,000. Here are some important details to know about this option.
There are many reasons to consider this option. First of all, you can enjoy yourself in an amazing country throughout the whole year. Besides that, they are known for not having high taxes, and not requiring any taxes for profit made. Therefore, it can be a great solution to open a business there. Considering that a lot of companies are operating online these days, it should not be a problem.
Moreover, they are known for having excellent relations with many countries. Therefore, you will get a strong passport that will allow you to travel to many locations in the world. Also, the prices of properties are on the rise, which means that buying a house for getting the papers can secure a profit over time as well.
Can You Lose This Citizenship?
According to the law, once you get citizenship no matter which model you choose, you will get it for life, and there is no way to lose it. You will get all rights like all other people living there. However, some news are repeating in recent years, where the possibility of revoking could become active in the future. However, if you followed the right model and you used the right form and actions, there is no need to worry about that.
The reason why some officials are considering having some citizenships revoked is related to an increased number of frauds related to the value of assets where agents were involved as well. Also, there were some isolated cases where officials had to cancel applications and even revoke the citizenship of people who either lied in applications or tried some other tricks.
That was the case with one ex-warrior from California who managed to trick the officials with fake papers by hiding his background which was quite problematic. In case an applicant is having current issues with the law in the home country, the officials will most likely refuse the application.
As long as you are following the rules and have a clear background without any issues with the law, and provide accurate documents, you don’t have to worry about getting a passport or facing any issues with citizenship in the future. Also, be sure to choose a well-known and licensed agency when you are interested in this process.