Saint Kitts and Nevis passport

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Saint Kitts and Nevis passport
Issued by  Saint Kitts and Nevis
Type of document Passport
Purpose Identification
Location of Saint Kitts and Nevis
Saint Kitts and Nevis 2011 entry stamp

The Saint Kitts and Nevis passport is issued to citizens of Saint Kitts and Nevis for international travel. The passport is a Caricom passport as Saint Kitts and Nevis is a member of the Caribbean Community.

Citizenship-by-investment program[edit]

In 1984, Saint Kitts and Nevis introduced an Immigrant investor program, As of March 2015, Saint Kitts and Nevis is the most popular place to buy a passport; for $250,000 a new citizen buys visa-free travel to 132 countries, with no requirement to live in or even visit the country.[1] There is limited disclosure of financial information, and both income and capital gains are tax-free.[1]

In May 2014, the Financial Crimes Enforcement Network issued a warning that St. Kitts had granted passports to foreign individuals who have abused the Citizenship-by-Investment program sponsored "for the purpose of engaging in illicit financial activity."[2] In November 2014, Canada announced it was requiring St. Kitts citizens to obtain a visa, due to concerns about “identity management practices within its Citizenship by Investment program.”[3]

See also[edit]

References[edit]

  1. ^ a b "Passports for a Price". Bloomberg Business. Bloomberg L.P. 2015-03-11. Retrieved 2015-03-15. 
  2. ^ "Abuse of the Citizenship-by-Investment Program Sponsored by the Federation of St. Kitts and Nevis". Financial Crimes Enforcement Network. 2014-05-20. Retrieved 2015-03-15. 
  3. ^ "Notice – St. Kitts and Nevis citizens now need a visa to travel to Canada". Government of Canada. 2014-11-22. Retrieved 2015-03-15. 

External links[edit]