Elma Global - second passport and second cititzenship
SECOND CITIZENSHIP, SECOND PASSPORT, DUAL CITIZENSHIP
 
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Becoming the holder of a St Kitts and Nevis passport appeals to Chinese nationals because of the ease of worldwide travel that it affords. The country is an independent Commonwealth Realm – like Australia –and its citizens enjoy the same visa-free travel to the UK, Ireland, Canada and all EU countries that Australians do. Chinese passport holders have travel restrictions imposed on them by other countries as well as their own, making the virtually visa-free travel that St Kitts and Nevis citizenship provides an extremely attractive prospect, though in other respects, it is unlikely to be their first choice of country to emigrate to. Cost is also a key motivator; the speed with which applicants receive citizenship is another: passports may be obtained in as little as five months.

Buying government-approved real estate for between US$400,000 and US$1 million is one way to become a citizen of St Kitts and Nevis, but only a small proportion of people – estimated at 10 percent – tend to take that route. “Property in St Kitts and Nevis is overvalued,” explains Mr. Oleg Lemeshko, a consultant for immigration and second citizenship specialist, Elma Global. The more affordable option is to make a once off donation of between US$200,000 and US$250,000 to a government approved project. This equally quick and easy process also leads to citizenship, which makes it more popular, accounting for approximately 90 percent of applicants. The most difficult decision Chinese nationals face is whether they are willing to give up the nationality they were born with; China does not recognize dual citizenship. Fortunately, this is not a dilemma that new St Kitts and Nevis citizens have to face. Unlike Singapore, St Kitts and Nevis does allow dual citizenship, leaving it up to Chinese nationals to report – or not to report – their newly acquired passport to the PRC. “Our goal is to advise them accurately regarding legislation, but the final decision is up
the client,” Mr. Lemeshko explained.

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Pay attention to our interview in The Moscow Times How Wealthy Russians Buy a 2nd Passport


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