5 Countries Offering Citizenship by Investment in 2024

2. Saint Kitts and Nevis

Insider Monkey Tax Friendliness Score: 1

Established since 1984, Saint Kitts and Nevis has been the means of providing citizenship to investors and their families for a very long time. Under this plan, once the citizenship is acquired, it can then be transferred by descent to future generations. Dual citizenship is recognized by this Caribbean Island and the country’s membership with the Common Wealth entitles all its citizens for certain privileges in the UK and Common Wealth nations. Moreover, the program allows the inclusion of a spouse, children below 26, and parents of age 65 and above. On top of it, dependents can be further added once citizenship has been granted to the main applicant. While the program offers two investment options, the minimum cost route calls for a US $250,000 investment in a Sustainable Island State Contribution. The citizenship is then available in about 3-6 months.