St Kitts And Nevis Citizenship Programme
Authorised Government Agent
In short, the St. Kitts and Nevis CBI has that ‘Platinum Standard’ that makes the program a popular choice for those who are seeking alternatives or additions to their current citizenship. What it is, though, is the longest-standing CBI program in the Caribbean. Over 10,000 foreigners have been naturalized over the period of 35 years.
Non-requirement of physical visitation to of physical residency during the application process. This should cover the main requirements of a St. Kitts and Nevis passport application, now we move on to an important matter that should be highlighted. The St. Kitts and Nevis government has decided to set a specialized unit of the St Kitts immigration department dubbed the Citizenship by Investment Unit. This unit has set out a list of countries whose nationals cannot apply to the program, let’s go through this as well. There are two options to choose from with different investment thresholds, the main difference between them is the length of time the property must be held.
Location Of St Kitts And Nevis
In addition, the Head of Household is also required to send in a letter appointing an agent as the exclusive representative for processing the application. If you want access to Central and South America, Europe, or even Russia visa-free, this is a great option. And if it is important to you to go with a program that offers a long history of successfully granting citizenship by investment, St. Kitts and Nevis has the prestige of being the oldest CBI program in the world.
The CIU will examine the applications closely and may sometimes request an interview with the applicant, although this occurs rarely. The resident permit turkey-by-investment programme adheres to very strict regulations and guidelines. The Citizenship-by-Investment Unit is the government authority responsible for the administration of the citizenship programme as well as processing all applications. St Kitts and Nevis allows dependent children under the age of 25 to be included in the application, provided they are unmarried. The profit from leasing property is not taxed as well as there’s no capital gains tax on the sale of real estate.
Why Get A Second Passport And Citizenship
This income-based visa gives you residency rights to live and work in Germany. The MERCOSUR agreement makes it easier for citizens of South American countries to get residency in each other’s countries. Argentina’s nationality lets you live and work in any MERCOSUR country with only two years’ qualification. Many counties offer shorter residency qualification periods for refugees, spouses, adopted children, and other groups.
It also received the highest score of all CBI jurisdictions for Citizenship Timeline as it is the only country with a guaranteed fast-track process. For example, one option being considered is in middle income homes. After the proposal has gone through, the developer will be able to sell shares of his company in the citizenship by investment programme giving investors another way to invest in citizenship, while granting direct impact for locals. St. Kitts and Nevis also has strong diplomatic and business ties to the Middle East with an embassy located in Dubai and a family-friendly application process, whereby you, your spouse, and your dependents can enjoy full citizenship for life. SKN citizenship may also be passed onto future generations, helping to grant your family an invaluable legacy. In particular, the Sustainable Growth Fund option has been particularly popular with applicants from the Gulf region due to its ability to incorporate large families.
CCP Inc. administrative and professional fees will cover professional, legal and administrative cost, and passport application processing fees. These fees are payable for both the SIDF and the real estate option. You must invest $400,000 in a real estate purchase from pre-approved operating real estate companies, as well as a government application fee of $35,000 and a $7,000 due diligence fee for the main applicant. After the application has been approved by CIU in principle, you must make your financial contribution associated with your investment option and pay the government and application fees.
- By only paying for the time you use, fractional ownership can be a much more cost-effective way to stay in desirable locations.
- The Federation of St Kitts and Nevis is a two island country located in the Eastern Caribbean region 1200 miles away from Miami.
- The average salary in St. Kitts and Nevis is approximately US $ 30,000 per year, meaning you could live comfortably in the Caribbean nation with an income rivaling that amount.
- The application is processed in three to four months and a decision is made within 60 days.
- It’ll help you consider the whole picture, including tax, financial impacts, and where you want to reside.
- Please write to us to -pro.info and we will gladly share all the latest news with you.
Moreover, we can pay taxes to the US government “voluntarily” until we get international recognition, giving them even less incentive to attack/imprison us. And we’d have to have spokespeople that are not perceived as “crazy”, and that can out-argue the President and the media. Instead, let me suggest that the statists go to Somalia, bringing their brilliant systems of government and economics with them, and restore it to a progressive utopia. There’s lots of sun there to power their advanced solar technology, too.
St Kitts And Nevis Citizenship By Investment Program Overview
No portion of this website may be copied or replicated in any form without the written consent of Joseph Rowe. This website is under the legal jurisdiction of St. Kitts and Nevis. Everything from large luxury private villas & Nevis Four Seasons estate houses, to smaller Caribbean cottages & condos. St Kitts real estate for sale in areas such as Kittitian Hill, Christophe Harbour, Frigate Bay & Turtle Beach.
The first step is to find a way of legally living in another country and then to apply for citizenship by naturalization. For most people, citizenship by naturalization is going to be your best bet, even though it can take a long time. But, if the easiest countries to get citizenship are your target, this is a path to a second passport. Where are the easiest countries to get citizenship in the world today? There are different ways to get citizenship, and you need to find the best for you and your family. Indeed, the easiest citizenship for a US passport holder may be impossible for other nationalities.
St Kitts And Nevis Continues To Be A Trendsetter In Citizenship By Investment Programs
The agent fees between US $15,000 to US $25,000 are used to cover such expenses as procedural and stamp fees, our professional and legal fees. Pay us the professional and legal fees, once paid, we will lead you through the collection and completion of the required paper work for the due diligence agency. Investment amount to the designated HRF account or a government escrow account required to be paid upon successful approval of the application. All agent fees legal fees are paid to CCP Inc. in advance of the process. The Government of St Kitts does not inform the country of your current citizenship or residency about your second or third citizenship.
The importance ofcitizenship planningcannot be understated, it provides a vital role in access to education, infrastructural development, the right to vote, health care and public services more generally. It also plays an important part in cultivating responsibility to abide by the laws of the state. With that said, globalization means that people are now closer to becoming global citizens, alongside their more traditional role as a resident of a single country. Businesses need to both understand and take advantage of this fact, in order to survive and thrive in this new environment. Therefore, a strong global presence needs to be a pillar of any modern business. For this reason, interest in acquiring a second citizenship has been steadily rising to facilitate this move into a more globally focused strategy.
Unmarried dependant children who are older than 18 but younger than30may be included in the application. If this route is selected, the Dixcart office in Nevis can help source management services for the property, which can be sold on after 5 years. The passport allows the holder to reside and work in other Caribbean Community countries if they wish to do so. The Government of St. Kitts is a parliament democracy within the Commonwealth of Nations. The island is populated by about 35,217 persons and has an estimated population growth rate of 1.3%. The Federation of Saint Kitts and Nevis have a population of about 51,300 according to 2005 estimates and a population density of roughly 164/km².
Additionally, citizenship is for life and can be passed to future generations by descent. Rental income can be enjoyed tax free, although there is a 10% withholding tax on rental income paid to non-resident individuals or companies. Please contact our St Kitts & Nevis buyer’s agent for prices of real estate for sale in St Kitts and Nevis, as well as current rental rates. A commitment to debt restructuring and economic diversification has helped turn the nation’s economic fortunes around in a relatively short space of time. The government is committed to enabling a diversified economy through programs such as this.
Many countries around the world welcome retirees who have a steady pension or retirement income. And, many retirees moving to these countries take up citizenship in their new home. Your dream retirement abroad destination could also give you an easy county to get citizenship. As a freelancer earning at least €800 per month, you could be eligible for a “Freiberufler” visa.
In a nutshell, a second citizenship grants global mobility, an increased element of security and access to financial opportunities. The Citizenship-by-Investment program requires a real estate investment in the offshore tax haven of St Kitts and Nevis. The investment will be made in real estate projects assigned by the government of the tax haven. How does a Saint Kitts and Nevis citizenship by investments in one of the most beautiful islands in the world sound? It is quite an offer and all you have to do is invest in Nevis and you are a citizen with all rights and freedoms.
Whether there’s a family emergency in the United States, or a crisis in St. Kitts and Nevis registration assists the U.S. Before you travel, it’s always a good practice to investigate the local conditions, laws, political landscape, and culture of the country. ThePassport Application Wizardwill help you determine which passport form you need, help you to complete the form online, estimate your payment, and generate the form for you to print-all in one place. The United States does not have an embassy in St. Kitts and Nevis.
Featured below are a selection of the best investment options available for citizenship investment in St. Kitts. If you would like to know more about the program by getting an individual consultation from a seasoned St. Kitts and Nevis citizenship expert contact us today and begin your journey of becoming a global citizen. Quick and Simple – The process of getting a passport is quick and simple and can be done in as little as 45 days without the need for physical immigration to Saint Kitts and Nevis or even travelling to the country! This means you can hypothetically add the entire family to one application and one investment, and all of them can enjoy the perks of becoming citizens of St. Kitts and Nevis. To crown it all, the country’s CBI program ensures that new citizens can easily obtain citizenship in just 60 days.
With the help of Imperial & Legal you can obtain a Caribbean passport within a short period of time and start using all the benefits it brings. How fast your application will be approved depends on whether the forms have been filled in correctly and whether all necessary documents have been submitted. The application is submitted through a representative of Imperial & Legal that is permanently located in St Kitts and Nevis. You can obtain St Kitts & Nevis citizenship by purchasing a share in a holiday resort, a house or an apartment that is under construction or completed and that is approved by the government.
“Those who invest will be investing in a jurisdiction where their investment is safe where they can earn profit and they can repatriate their profit to their country or to any other country,” Harris said. The 2021 CBI Index also noted that St Kitts and Nevis is the Caribbean CBI country with the most extensive visa-free and visa-on-arrival offering. Those who become citizens gain increased travel freedom to nearly 160 destinations across the globe, a number that continues to expand due to the efforts of Foreign Minister Mark Brantley. St Kitts & Nevis is a business-friendly jurisdiction that offers zero to low tax rates as well as other advantageous tax incentives. Income, wealth, and inheritance are all tax-exempt and non-residing citizens of St Kitts & Nevis can benefit from their territorial tax system.
Our services are free of charge and we do not charge any fee to clients. Please also note; The Government of St Kitts now offers a Covid discount of USD 150,000 (instead of $195,000) for a family of four until the end of 2021. To understand fees properly, there are Government fee (donation + due diligence + passport) plus Agent fee.