The government of the island nation of Saint Kitts and Nevis offers crypto investors participation in the citizenship program for investing in digital assets.
The authorities of the islands in the Caribbean allow citizens to participate in the ICO, and the country’s banks cooperate with crypto investors. Cryptocurrency income in Saint Kitts and Nevis is not subject to additional fees and taxes, as the government does not impose capital gains tax. Crypto ATMs operate without restrictions in the country.
“Cryptocurrencies give people sufficient financial independence. But people can realize the full potential of cryptocurrencies only by obtaining citizenship in a crypto-friendly and tax-free country, such as ours, ”said Les Khan, head of the Saint Kitts and Nevis Citizenship by Investment program.
2014
Interested crypto investors can get a Saint Kitts passport for only $150 000 (less than 4 BTC), and be free to engage in any branch of the crypto industry at your discretion.
Similarly, crypto enthusiast and large fintech investor Roger Ver did who in renounced his American citizenship and obtained a St. Kitts and Nevis passport.
The island state of St. Kitts and Nevis is not the only relocation option for crypto investors. The closest neighbor, the state of Antigua and Barbuda, adheres to a similar philosophy. Both countries are members of the Eastern Caribbean Monetary Union (ECCU), the first political and economic organization to develop its own digital currency DCash.
Subscribe to BitNovosti on Telegram.
Share your opinion about this news in the comments below.
Source
