St Kitts and Nevis, a little-known dual-island country in North America has become a preferred investment destination for wealthy Kenyans, according to London-based investment migration consultancy Henley & Partners.
Henley & Partners says Kenya’s super-rich are expressing more interest in investment migration programmes as opposed to migration destinations as the former not only gives them an opportunity to diversify their investments but also have a second home in another country.
“The most popular programme Kenyans have been enquiring about is St Kitts and Nevis citizenship by investment. St. Lucia, Switzerland, and the UK are also popular among Kenyans. Kenya is sixth on the continent in terms of web enquiries received by Henley & Partners in 2022. The top five are Nigeria, South Africa, Algeria, Egypt, and Morocco,” said Dominic Volek, Henley & Partners head of private clients as quoted by Business Daily.
The most popular programmes in terms of sales to Kenyans are St. Kitts and Nevis and St. Lucia, another North American island nation.
St Kitts and Nevis appeals to many because its education system is better, it is affordable to get citizenship as the investment requirement is fairer than in other countries and it is crypto-friendly, making it attractive to technology investors.
Business Daily reported that if a Kenyan passes security checks and invests between Sh23.6 million and Sh35.4 million ($200,000 to $300,000) in real estate in the island nation, they can pass their citizenship to their children who would benefit from first-class education and healthcare.
CG Global Partners, an international government advisory and marketing company specializing in residency and citizenship by investment solutions, says such investors also get the freedom to travel, and the right to live and work in St Kitts and Nevis.
St Kitts and Nevis is an English-speaking nation, meaning it is easy to do business and transition to new schools. Its culture is also mixed, with African, British, Carib, and French influences.
And it could be Because they…
And it could be Because they’re Running away from the IMF’s 28 Billion Shillings “Bitter Pill” the Kenya TAXpayers have to Pay in the Coming years.
East or West: Home is Best.
East or West: Home is Best.
Hii methali oungo tupu ya…
Hii methali oungo tupu ya wazungu/makamburu.I challenge @MsonoBari to ask his/her kamburu employer why he cannot go back to Europe and leave America to native Red Indians if he/she believes in the rubbish “saying”.What are you,msono doing in US instead of remaining Kenya?
It’s the high time Kenyans…
It’s the high time Kenyans and Africans invest in their motherland.
Do not invest elsewhere without understanding their tax laws and other details. You could loose your investment due ignorance. Seek to know how those countries treat your kind ( blacks). Talk to people who look like you there and see how their investments perform and their kids are treated. When you go outside your country you do not become Kenyan, you all become one group- blacks.
Learn the history of the land. If you must invest outside your own country, do so with knowledge and understanding. “My people…. for lack of knowledge”.
In recent past we all know how blacks are discriminated by others ( both in our countries and in theirs)
Invest in your own countries and in your own people.
Charity begins at home!!
Kenyan Oligarchs should…
Kenyan Oligarchs should learn from Russian Oligarchs. Your money will be taken away anytime there is a disagreement with Collective West.
Euro bonds, covid funds, NYS…
Euro bonds, covid funds, NYS,2 BILLONS Stolen daily will be invested there.
But who are we fooling here. The WEST have a habit of being part and PUZZLE of promoting corruption in AFRICA in general. History should have taught us that most of the most corrupt AFRICAN LEADERS have some some sort of investments in the west.
Just to give a few, KENYATTA, Moi, MUGABE, Dosantos, etc….etc….
This is just part of neo colonialism.
Patrice Lumumba case…
Patrice Lumumba case………https://www.youtube.com/watch?v=_YS_cLaHdwY&ab_channel=NewAfrica
Patrice Lumumba…
Patrice Lumumba……….https://www.youtube.comyou/watch?v=_9RWHhw5ai4&ab_channel=JourneymanPictures
https://www.youtube.comyou…
https://www.youtube.comyou/watch?v=_9RWHhw5ai4&ab_channel=JourneymanPictures