St Kitts And Nevis Passport Investment For Visa Free Travel
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An extremely important point to note, you cannot apply directly yourself to the St. Kitts & Nevis citizenship by investment unit yourself – applications can only be handled by authorized persons. Third, you’re required to make an investment contribution in either a non-refundable contribution to the Sustainable Growth Fund , or an investment into a pre-approved real estate project, such as hotel shares, villas, and condo units. The purpose of the St. Kitts & Nevis Citizenship-by-Investment Program is to attract foreign investment to the country through an immigration program aimed at people who have the capital to spare. Only authorized and international marketing agents allowed promoting the St. Kitts and Nevis citizenship by investment program. We have an in-depth article covering all currently available citizenship by investment programs that will give you a complete overview of all the options available to you.
Just last year, the European Union and the OECD/FATF gave St Kitts and Nevis a clean bill of health as a compliant jurisdiction, while castigating Dominica. Even the United States has grudgingly accepted that Citizenship by Investment benefits the region and its people, contributing to peace, stability, prosperity and development. As long as bad apples don’t slip Turkish staying permit through the due diligence nets, the major powers are happy. A visa is not required for stays under 90 days in Saint Kitts and Nevis. Under a limited time offer, a family of up to four must only contribute USD150,000, accounting for a USD45,000 reduction. St. Kitts and Nevis citizens can travel to approximately 160 countries visa-free or with a visa-on-arrival.
St Kitts Citizenship & Passport Application Process
A St. Kitts and Nevis passport costs an investor considerably less than an economic citizenship in Europe in jurisdictions such as Malta or Cyprus. The passport validity for those who have acquired a Saint Kitts and Nevis passport through their citizenship-by-investment program is ten years if they are above the age of 16. On the other hand, children under the age of 16 will need to renew their passport every five years. Only a select few nationalities are ineligible to apply for St Kitts and Nevis citizenship program. Nationals of Iran, North Korea, and Afghanistan can apply if they have been a permanent resident of the UK, US, or Canada for ten or more years.
Individuals may become eligible for citizenship of St. Kitts & Nevis by making a qualifying investment. The program allows dual citizenship and is strictly governed by state laws and regulations. Marlin told us that with social uncertainty, economic distress, and political tension worldwide, people are on the move toward getting out of big nation-states turkish citizenship by investment entirely or leveraging dual citizenship. Today, citizenship for life can be attained in a period as fast as three months for a minimum investment of $250,000 in the national sugar industry, or a minimum investment of $400,000 in the real estate market. Upon submission of an application, non-refundable due diligence and processing fees must be also paid.
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You can also use a self-directed IRA or 401K to buy into this investment. However, be careful as you can’t legally live in the property until you distribute the property from the tax-sheltered plan and pay income tax on the distribution. The first option is a one- time donation of minimum $150,000 to the “Sustainable Growth Fund” . This will allow applicants to begin the relatively fast CBI program. We will compare the differences between the two citizenship by investment programmes. Travel advice and advisories Avoid non-essential travel Travel advice, passport and entry requirements, health and safety information, and more.
The St. Kitts & Nevis passport is very well regarded and has excellent reputation, and only relatively few passports have been issued under this citizenship-by-investment program by the Government. It is a cheapest program to gain second citizenship for Americans. You must legitimately apply for St Kitts and Nevis citizenship by investment, or go through another way to acquire citizenship.
St Kitts real estate for sale in areas such as Kittitian Hill, Christophe Harbour, Frigate Bay & Turtle Beach. The Trafficking in Persons Report is the world’s most comprehensive resource of governmental anti-human trafficking efforts. The TIP Report represents an updated, global look at the nature and scope of trafficking in persons and the broad range turkish citizenship by investment of government actions to confront and eliminate it. The International Religious Freedom Report describes the status of religious freedom in every country. The report covers government policies violating religious belief and practices of groups, religious denominations and individuals, and U.S. policies to promote religious freedom around the world.
The Real Estate option is more expensive, but is a recoverable investment, and comes highly recommended. These key benefits set St Kitts and Nevis apart from the other Caribbean countries offering similar packages. Obtaining a St Kitts and Nevis passport also opens your business to new opportunities in the Caribbean. A citizen of the world in every sense of the phrase, Vicky has done her fair share of traveling.
Your citizenship and application can be seriously jeopardized if the government believes you have falsified information or concealed facts. You’ll also need to make your contribution or investment based on if you took the SIDF option or Approved Real Estate option. Once you’ve decided to apply, speak to your service provider and ask them to obtain an application through an authorized person. For any additional dependents regardless of age, USD10,000 per additional dependent. Finally, you must also cover any other fees you’re legally required to pay for your application to be duly processed.
The amount of due diligence fees, taxes and duties will depend on the number and age of applicants under the St. Kitts citizenship program. You can unlock a world of opportunity of unhindered global mobility, as you can break constraints and travel free countries with St. Kitts passport. This is much more than just a travel document though; as it is a key for complete freedom, be it physically or financially. The holders of a St. Kitts and Nevis passports enjoy elevated travel mobility throughout the globe, as the illustrious passport offers visa-free access to more than 128 countries worldwide.
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Check with your regional US consulate to learn their hours of operation, or have a look at the United States Citizenship and Immigration Services site to learn their speech. The following is an overview of the key documents and forms required. Please note that if you would like to proceed with an application, we will need to prepare the application documents and all necessary forms for you.