I’m an American investor who travels quite frequently. Given that my American passport is quite strong already, what advantages, if any, are there for someone like me in getting a passport from St. Kitts via CBI?
Answers
There are a few potential advantages for U.S.A. citizens, depending on their plans and goals. Someone wanting to do business in the Caribbean can get CARICOM access, ability to live in several Caribbean countries, and other benefits that come with a Caribbean citizenship. There are also tax savings, such as the Foreign Earned Income Exemption of the first $108,600 per person of earned income (from a job or contracting). If a U.S. citizen is open to renouncing their citizenship, St. Kitts enables access to many countries visa free and zero tax. It's also good insurance against things
going bad in the U.S.A. to have access to live in other parts of the world.
