As many of our international readers know, Harvey Law Group is now offering the St. Kitts & Nevis immigrant investor program, one of the few which goes beyond offering residency for investors and actually offers investors nationality in the country, issuing them passports. My HLG partners Mikael Charette and Catherine Dulude just returned from Dubai, where they met with Kittitian authorities to discuss the program as relevant to HLG clients in China and Vietnam.
While I'm still beating the Lake Point EB-5 drum loudly and will do so until our 40th investor slot is funded, the St. Kitts option is becoming increasingly attractive to our very high net worth clients concerned about the tax implications of US residency.
Well, the Kittitian appeal goes beyond its migration program: according to the St. Kitts Minister of Tourism and International Transport, the Hon. Richard Skerritt, there has been a 222% increase in the number of private yachts visiting the dual island nation in the first quarter of 2012, compared to the same period last year.
As I write this sitting at the St. Thomas, USVI airport, about to head home to Miami after a long weekend in crystal clear waters, nose to nose with sea turtles, these stats reminded me that long before St. Kitts & Nevis became a prudent and conservative immigration and offshore banking solution…the islands were yet another staggeringly beautiful destination in this magnificent Caribbean of mine...(-;