Crypto investors and tech entrepreneurs are showing their interest in obtaining second citizenship and passport. This is because they want more freedom and security. These are two important factors and can be covered by citizenship by investment programs.
The Federation of Saint Kitts and Nevis is a CBI country in the Caribbean that has proven to be the most crypto-friendly among jurisdictions offering citizenship by investment so far. In recent years, they have specifically enacted legislation supporting virtual or digital assets and digital currency exchange.
Saint Kitts and Nevis is a small two-island nation that offers a citizenship by investment program that shows its results year after year.
CBI has been operating since 1984 and has received international approval and Platinum Standard Program title.
Learn more about St. Kitts & Nevis Citizenship by Investment program
However, foreign investors can obtain citizenship using cryptocurrency not only in Saint Kitts and Nevis.
Given the unprecedented level of interest from the crypto community in recent times, NTL Trust has launched a new compliance policy specifically to process citizenship applications with cryptocurrency more efficiently – risks for all stakeholders are mitigated through the use of reputable crypto escrow agents, banks, and trust companies…
The Caribbean and Turkey in particular have seen a wave of applications from individuals who have been successful at growing their wealth in crypto. Crypto being a volatile investment, the smart thing to do is to lock in some profits for the long term.
How? By investing in the ultimate hedging strategy: a new citizenship, possibly backed up by a hard asset in the form of real estate. A new citizenship is an investment that will literally provide benefits for the rest of your life… and beyond for your children and their children.
Source: bignewsnetwork
