By Judith Gicobi
Rich Kenyans are looking for second houses in the American two-island state of St. Kitts and Nevis. Reason being?
Its education system is superior, citizenship is more affordable because the investment need is more reasonable than in other nations, and it is crypto-friendly, making it appealing to technology investors and business owners.
St. Kitts and Nevis is home to some of the most prestigious medical facilities, and high school enrollment is at 91 percent.
If a Kenyan passes security checks and invests at least Sh23.6 million to Sh35.4 million ($200,000 to $300,000) in real estate, they can pass on their citizenship to their children, who would then have access to top-notch education and healthcare.
In 2022, Kenyans will be more interested in investment migration programs than in migration locations, according to Henley & Partners, a top international citizenship and residence consultancy firm.
This indicates that they desire to diversify their investments while simultaneously owning a second home abroad.
“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, the group head of private clients.
The islands of St. Kitts and Nevis and St. Lucia are also among the most well-liked programs in terms of sales to Kenyans.
If Kenyans are successful in obtaining St. Kitts and Nevis citizenship, a multitude of opportunities will become available.
They are permitted to travel freely, have the ability to reside and work anywhere they choose, and can choose to pass their citizenship on to future generations.
This is according to CG Global Partners, a company that specializes in citizenship and residence through investment.