Ten Reasons To Choose St Kitts And Nevis
Today, over a handful of countries around the world o er similar programmes. Joseph Rowe is a leading law firm in St. Kitts and Nevis with Attorneys-at-Law also qualified to practice in the islands of Anguilla and Grenada. We pride ourselves on having a client-focused law practice providing quality legal services with a view to achieving the best results possible for our clients. We are a Caribbean law firm that is responsive and accessible to our clients, whether located in St. Kitts and Nevis, in other islands of the Caribbean or internationally. Our legal expertise and professional services in St. Kitts and Nevis include Citizenship by Investment , real estate purchase and sale and development, Maritime / Admiralty law, Civil and Commercial litigation. Invest €500,000 in real estate, and you can apply for the Spanish Golden Visa.
In St Kitts and Nevis there is no personal or corporate income taxes, it also has no withholding tax, no wealth tax, no inheritance tax, no estate tax, no capital gains tax, no withholding tax, no gift tax and no other personal income taxes. The regulations regarding St Kitts and Nevis Citizenship by Investment Program are contained in Part II, Section 3 of the Citizenship Act, 1984. These provisions allow the government to operate a program under which citizenship is granted to persons who qualify under criteria set by cabinet decision. The Act is an initiative by government to attract new businesses to stimulate the economy and create new employment opportunities. St Kitts and Nevis also has a strong reputation for its international financial services, particularly with respect to the establishment of offshore companies.
It is ideal for large families, because it is the least expensive in terms of government fees when adding individuals to the citizenship application file. St. Kitts and Nevis’ programme has a variety of elements that contribute to its leadership in the CBI industry. Firstly, the St. Kitts and Nevis passport is among the strongest in the world as seen by the latest Henley & Partners Passport Index which placed SKN as the strongest CBI passport in the Caribbean with visa-free access to 157 destinations.
St Kitts and Nevis has a strong economy, low crime rate and the two islands are paradise. The government of St Kitts has made it very easier for persons who wish to become St Kitts citizens and obtain real estate properties or shares. The St Kitts Citizenship-by-Investment program is one of the earliest established citizenship programs in the Caribbean. These applicants see the competitive returns generated through the CBI program as a real plus, for example through the investment in prestigious real estate projects. It takes 90 days to process for the CIBU to process an application. For an additional fee, you can opt for the Accelerated Application Process and have your application processed in 60 days and, in some cases, 45 days.
Many who’ve been through the process would advise having the assistance of a local lawyer to help you apply. The reason is because the process requires that you have a unique skill, and your employer must prove that no locals could fill the position. Your permit will be valid only for this job, so if you must make a career change, you’ll have to go through it again. Although the volcanoes are long since dormant, the lasting legacy of the volcanoes is found on the islands’ grayish black sand beaches.
After processing is completed (2-3 weeks), the passport and certificate of naturalization is forwarded to the investor via reputable delivery service. The investor completes the reservation form and enters into a purchase and sale agreement for the property. There are no minimum residency requirements to obtain or retain citizenship. If approved, US immigration will usually issue a one year visa to start, then the next renewal will be for a 3-5 year term and then 5-10 years.
Completion Of Transfer Of Property Or Confirmation Of Contribution To Sidf
Aside from the contribution amount, processing and due diligence fees are to be shouldered by the applicant. Returning to the standard procedure would not affect the period of participation in the programme in any way. Under the simplified procedure, the department started reviewing the application earlier but still had to send in the originals before the investor was approved. On 26 March 2020, St Kitts and Nevis temporarily simplified the acceptance of applications for the citizenship programme.
Please visit ourInvestment Visa page for a complete view of available opportunities. Alternatively, invest in a pre-approved real estate project of upwards of US$400,000 for the main applicant. A single applicant seeking economic citizenship with a donation to the Sustainable Growth Fund is normally required to contribute at least USD 150,000 and a family of up to four at least USD 195,000. Now the Government of St Kitts and Nevis has decided to temporarily reduce the family minimum contribution by USD 45,000 to a competitive USD 150,000.
St Kitts And Nevis Citizenship By Investment Options
Citizenship for life, with the right to live and work in the country. Singapore’s outstanding reputation as one of the world’s leading economies makes it a popular choice for residence by investment. If a citizen changes his/ her name in the United Kingdom by virtue of marriage or deed poll, this would be valid in the United Kingdom. In order to have the name change recognised in St. Kitts and Nevis, the citizen would also have to register the name change in the Federation. Once the name change has been successfully processed, the name change will be displayed in the observation page of his/her passport. Listed below are the necessary requirements when applying for citizenship by Marriage.
These four countries all have generous and flexible approaches to citizenship by descent. If you have ancestors from these countries in the family tree, you should explore your connection. That relative may be the key to the easiest country to get citizenship in Europe for you. Both these EU countries offer accelerated and streamlined pathways to nationality.
Today, such asset protection structures are not anymore tolerated because they were misused by criminals. Gerard Depardieu became a Russian Passport due to his best connections to Putin. Now, after having accomplished the due diligence, you are finally invited to make the donation to the Sugar Industry Diversification Foundation or to invest in the government approved St. Kitts real estate projects. Due diligence fees, legal processing fees, government fees, 5% share registration fees and accelerated application fees are collected and submitted at this time. Investment in government approved real estate for a minimum amount of $200,000 or $400,000 . St Kitts and Nevis is a twin island tropical paradise located on the northern end of the Lesser Antilles in the Eastern Caribbean.
Meanwhile, citizenship sales continue, and St. Kitts and Nevis authorities are quick to note the dozens of countries that will still let in a St. Kitts and Nevis passport holder for free. At the time, Canada’s rejection prompted a mass recall of 15,000 St. Kitts and Nevis passports to remove a particularly controversial feature that did not display the place of birth of a passport holder. St. Kitts and Nevis passports are valid for up to 10 years for adult applicants and 5 years for dependents below 16 of age. The investment amounts differ from one investment stream to another as well as the number of family members that will be included in an application. Thanks to the successful financial planning, and vaccination campaign of the government St. Kitts and Nevis is moving towards an economic recovery and the CBI programme has played a part in this.
Effective Wednesday, October 12, 2021, the required RT-PCR arrivals test will be administered onsite at “Travel Approved” hotels. The test must be taken by a Ministry of Health approved medical health professional at the traveler’s cost of US $150 for non-Nationals and non-Residents, US $100 for Nationals and Residents. All visitors are required to “Vacation in Place” at their Travel Approved hotel where they may move freely about the property within and use any and all available amenities until they are in receipt of their negative test result.
- This option usually takes several years, but its main advantage is that anyone can do this.
- Alternatively, investors may qualify for St Kitts and Nevis citizenship by investment by making a minimum nonrefundable contribution of $150,000 into the Sustainable Growth Fund .
- “As the oldest and most established citizenship by investment programme we are pleased to have been recognised as the best by this prestigious report.
- Launched in 2013, the Antigua and Barbuda Citizenship by Investment Programme offers four routes to citizenship, including the non-profit National Development Fund and an investment in real estate.
In the United States, one obtains American citizenship mainly by birth or naturalization, which can be accessed by various ways of securing permanent residency. On the other hand, however, while dual citizenship presents the foregoing advantages, there are disadvantages of which one must be fully aware. At times, children of mixed marriages who have dual nationalities also suffer from bitter divorces as they are often easily abducted by a parent who flees the current country of residence. For example, citizenship is granted to virtually anyone born in certain countries such as the United States and Brazil, while other countries only automatically confer their nationality to stateless children born within their territories.
St Kitts and Nevis does permit its citizens to hold dual citizenship. Enjoy visa-free travel or gain visa on arrival access to as many as 150 countries. For detailed information visit the official Saint Kitts and Nevis citizenship by investment government Turkish work permit website. Investing in Saint Kitts and Nevis clearly opens up some great opportunities. Holding a passport of that developed Caribbean nation allows one to enjoy all the benefits given by the government to locals whether inside or outside the country.
Immigrant Invest is a licensed agent of the St Kitts and Nevis citizenship program. There are no restrictions on dual citizenship in St. Kitts and Nevis. Applicants are able to include a spouse, children under 31, parents, grandparents aged 55 and over, and unmarried dependent siblings under 31 with no children, as well as to add dependents after they have been granted citizenship. The legal basis regarding citizenship-by-investment is contained in Part II, § 3 of the Citizenship Act, 1984 and the Saint Christopher and Nevis Citizenship-by-Investment Regulations, 2011. Agent and processing fees for each applicant must be paid separately to us .
Those who apply to become citizens of St Kitts and Nevis must make a one-time investment to its Sustainable Growth Fund. Established in 1984, St Kitts and Nevis is home to the industry’s longest standing programme and has earned the recognition as a ‘Platinum Standard’ brand. Holding a second citizenship, once seen as a luxury, has become a necessity for those wanting to look outside the boundaries of their home country.
Citizens of St. Kitts & Nevis enjoy visa free travel to over 165 countries including the EU Schengen visa zone, the UK, Ireland and Switzerland. This option is best for large families, as the real estate investment amount stays the same, only additional fees such as application fees, due diligence fees, and so on increase. The program itself is simple and straightforward, as well as being reasonably priced. Your application might be refused if you do not comply with one or several requirements of the citizenship by investment program.
Montebello Residences is a 12 acres development of prime lands at Olivees Estates, comprising of over 350 units and caters to all your needs by offering full ownership condominiums on St. Kitts. The airport and seaport are clearly visible as is the Caribbean Sea. Montebello Residences will be one of the most sought after locations on the island and will cater to anyone desirous to be part of a neighborhood that provides a comfortable and peaceful lifestyle.
There are currently around eight countries that offer citizenship by investment, but the St. Kitts and Nevis program is by far the oldest. In the Caribbean, there are currently around five other programs of this nature. Visa-free travel to 145+ countries with dual citizenship, no residency required. Visa-free travel to 150+ countries with dual citizenship, only minimum physical stay required. Visa-free travel to 150+ countries with dual citizenship, no physical residency required.
Koi Resort will have a variety of luxury residences available for purchase. All suites and villas will have the very best in amenities and will be meticulously appointed and maintained. In addition, all suites and villas will have highly coveted sweeping ocean views. Buyers will also have the option of either purchasing an entire suite or villa or purchasing on a title-deeded share basis. An exciting new destination on St. Kitts & Nevis is in development.
All above mentioned investment options are included and the lowest possible cost of a ‘golden passport’ is calculated – for an investor, for a married couple and for a family with two minors. The perfect candidate is expected to have not been subject to any sanctions and suspensions for breaches of immigration law, especially in the countries St. Kitts and Nevis has agreements on visa-free admission with. The perfect investor is also expected to have legal sources of their capital. Since the programme gives you an opportunity to obtain citizenship by investment, the key factor will be the fact that you have enough finances for investments and you will be able to maintain yourself financially.
The citizenship by Investment of St. Kitts and Nevis has four options to choose from. The following are the ways one can invest to buy St. Kitts & Nevis’s Oldest Second Passport. St. Kitts & Nevis has a pleasant tropical work permit turkey climate with clear waters and a laid-back atmosphere which make the two islands a fashionable tourist destination. It has the oldest program to obtain citizenship by investment in the world, which began in 1984.