LONDON, Oct. 24, 2019 /PRNewswire/ -- Families and
individuals from Vietnam may
qualify to obtain St Kitts and
Nevis' valuable citizenship. This is possible via the
country's Citizenship by Investment (CBI) Programme, which the
Caribbean nation has been running
successfully for 35 years. The legislated initiative, known as the
"Platinum Standard" of CBI, allows vetted individuals and their
families to obtain second citizenship in exchange for an investment
into the country's economy.
To qualify, investors must first engage an Authorised Person
listed on the official government website, as applications cannot
be submitted directly. Once all the relevant documents are
correctly fulfilled, the applicant is subjected to a thorough due
diligence procedure. This is a security measure that checks that
the information provided is accurate and that there are no safety
or integrity concerns that the applicant may pose to St Kitts and Nevis' reputation and its
external partners' security.
In August, the Financial Times' Professional Wealth Management
magazine published their annual CBI Index, which scored
St Kitts and Nevis with full marks
for its high due diligence standards. The abridged Vietnamese
version of the 2019 CBI Index is now available for free download at
www.cbiindex.com/reports - and serves as a practical, impartial
guide to those deciding on which CBI programme is best suited for
them.
If successful, applicants are granted "approval in principle"
and must then make their qualifying investment. The fastest, most
direct and affordable route is via the Sustainable Growth Fund,
which is especially convenient when family members want to apply
jointly. For example, a family of four may obtain citizenship in
exchange for a contribution worth US$195,000 and, for every additional dependant,
an extra US$10,000.
To expedite the outcome, eligible investors can request an
Accelerated Application Process for an additional fee. This
guarantees the issuance of the citizenship certificates – and the
subsequent passports – within 60 days.
St Kitts and Nevis' passport is
ranked 24th in the world due to the extensive visa-free and
visa-on-arrival access it gives its citizens, namely to over 150
countries and territories worldwide. Prime Minister Timothy Harris credits investors' attraction to
the country's economic prospects, ripe for business, and its stable
political environment, also reflected in the fact that St Kitts and Nevis is one of the world's top
30 countries for rule of law, according to the World Justice
Project.
Contact:
pr@csglobalpartners.com
www.csglobalpartners.com