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St Kitts & Nevis Cuts Minimum Investment For Family Citizenship Applications

What Are The St Kitts & Nevis Investment Routes?

St. Kitts & Nevis became one of the first countries to utilize citizenship by investment program for specific economic objectives to help recover from the COVID-19 crisis. The official list of real estate developments approved by the government as qualifying investment options. A benefit of donating to SIDF is the lack of hassles associated with owning vacation real estate. However, the SIDF program is a non-refundable contribution; the option to purchase real estate via the Citizenship by Investment program may offer a partial return on investment, or perhaps a healthy ROI, with few limitations. The duration is dependent on the time within which a property is purchased and transferred, payment of relevant fees and the completion of relevant application forms. After applications are submitted the approval process can take as little as six weeks or as much as 3 months.

St. Kitts Nevis citizenship-by-investment program allows foreign nationals to acquire a second citizenship in Saint Kitts and Nevis. This citizenship program has two pathways for obtaining dual or second citizenship so that people wishing to acquire St. Kitts and Nevis citizenship can do so using the option that best suits them. The St Kitts Nevis Citizenship-by-investment program is designed so that both families and single individuals can apply for St. Kitts and Nevis citizenship comfortably.

Benefits St Kitts & Nevis Citizenship And Getting Second Passport Without Leaving Home

Fees paid to CCP Inc will cover legal costs, processing and application fees and expenses. The Government of St Kitts does not inform the country of your current citizenship or residency about your second or third citizenship. Protection of bank accounts, real estate and businesses, both abroad and within your own country. Second passport and St Kitts citizenship through investment is the key to preserve your wealth.

These 156 visa-free destinations include the European Union as well as the United Kingdom, Ukraine, Russia and practically all of South America. However, processing and other fees will increase depending on family size and ages. Second citizenship for a family of 4 people will cost additional $86,500 in non-refundable processing and Due Diligence fees. St Kitts and Nevis government is extra cautious towards investors that want to invest money of unclear origin as well as those who are under international sanctions.

Dubai Developers Moldovan Citizenship Offer Sparks Criticism

In conclusion the St Kitts and Nevis CBI Golden Visa is a very versatile and cost-effective option. While some countries require upwards of a few million dollars as part of the initial investment, the St Kitts and Nevis option is more manageable — and has a solid reputation. The St Kiits passport allows travel to many countries as “Visa Arrival.” This means that the traveler can obtain the passport on site as opposed to having to obtain it prior. There are also additional Government Fees required as part of the submission process. The final amount depends on the number of applicants in your application because, on top of the purchase price, you will have to pay a government fee and other charges. 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.

Only certified agents who are licenced with the government may apply for the programme. St. Kitts and Nevis, with a glorious climate and a soul-comforting atmosphere, provides the applicants a wide range of property types. These approved projects are supposed to bring long-term positive profits not only for the St. Kitts and Nevis economy, but also for the investors, too. St. Kitts & Nevis also has beenadded to the EU list of countries whose citizens are allowed visa-free entry to the Schengen Area in the EU.

The government encourages corporate social responsibility, but does not have regulations in place to mandate such activities by private companies. As a member of the OECS, St. Kitts and Nevis has a fully liberalized foreign exchange system. The XCD was pegged to the United States dollar at a rate of 2.70 Eastern Caribbean dollars to $1.00 in 1976. As a result, the XCD does not fluctuate, creating a stable currency environment for trade and investment in St. Kitts and Nevis.

Each of these requires a great deal more depth to fully understand, so we’ll be breaking them down into several different areas for you to explore, uncover and understand. Imperial Citizenship is a leader advisory company focusing in the fastest investor programs to obtain residence and also citizenship in several nations worldwide. Based on the results, the Government makes a decision on your Citizenship application. CI professional team will assist and advise you with the collection of the documents required by the Government.

St Kitts And Nevis Citizenship By Investment: All About The Program And Country

These days the St Kitts and Nevis passport competes strongly with the blue US passport on the number of visa-free travel destinations. To offer insurance against political, economic or fiscal change in the individual’s country of origin. As on many Caribbean islands, in St. Kitts & Nevis the sugar cane industry came under pressure in the second half of the 20th century.

The law prohibits anti-union discrimination but does not require employers found guilty of such action to rehire employees who were fired for union activities. The ILO Committee of Experts reported in 2015 that workers are not protected against antiunion discrimination during recruitment or on the job. The ILO provided technical assistance to the government in labor law reform, labor administration, employment services, labor inspection, and occupational safety and health. Labor unions are free to organize and to negotiate for better wages and benefits for union members. A union representing more than fifty percent of the employees at a company may apply for the company to recognize the union for collective bargaining. Companies generally recognize the establishment of a union if the majority of its workers voted in favor of organizing the union, but the companies are not legally obligated to do so.

Application Fees

Andrew Henderson is the world’s most sought-after consultant on international tax planning, investment immigration, and global citizenship. He has personally lived this lifestyle for over a decade, and now works with seven- and eight-figure entrepreneurs and investors who want to “go where they’re treated best”. The different investment options such as donation and real estate both have benefits and drawbacks, but it is important to compare which options work best for your individual situation. The process is relatively quick, taking just three to four months, and it results in the new passport holder gaining access to over 150 countries in the world, including all of the EU, UK, Ireland, and Russia.

Yes, this would be very much possible, but only if you op to buy real estate. Yes, if both father and are citizens of this nation, the unborn child will by default inherit and gain the citizenship of St. Kitts and Nevis. Post-approval, your Saint Kitts and Nevis passport issued will be valid for a total of ten years, and one can renew it indefinitely. However, for children under 16, passports will be only valid for five years.

Main Stories

We will assist you with putting the necessary documents together for St Kitts citizenship. Once you have obtained St Kitts citizenship, we will begin the St Kitts passport application. Many countries offer citizenship by investment programs in order to attract much-needed foreign direct investment. Countries can then use these funds to invest in their own projects, such as real estate development, business development and job creation. CBI programs also attract global talent and know-how aimed at boosting the economy. St. Kitts and Nevis Citizenship by Investment program was launched in 1984.

These fees amount to US$7,500 for the main applicant, and US$4,000 for each dependent of the main applicant who is over the age of 16 years. These fees amount to US$7,500 for the main applicant, and US$4,000 for each dependent of the main application who is over the age of 16 years. St. Kitts and NevisGovernment was the first country to launch the Citizenship by Investment program, The program was established in 1984 to support economic growth.

Spacious 3 bedroom / 3 bathroom house with ocean and mountain views is available in Saddlers today. TRANQUILITY BY THE SEA is the only name that can describe this one of a kind 6 bedroom 5.5 bathroom house, with breathtaking views over Caribbean Sea, Nevis and South East Peninsula. St. Kitts and Nevis have frequent flights to Europe and North America.

We are the only law firm that has a truly global overview of and expertise in Citizenship by Investment programs. Citizens of St Kitts and Nevis do not need to pay taxes on world income, this is one of the best options for fiscal optimization. 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 real estate investment has a minimum requirement of $200,000 and there are many providers ready to sell you everything from a hut to an apartment-suite in a five-star hotel. You can technically re-sell it in several years, but it’s likely you won’t get your money back. The minimum real estate investment required is US$200,000.00 for each main applicant held for seven years .

It is not necessary for the applicant to have visited St Kitts & Nevis but the application must be made by a Registered Agent resident in St Kitts & Nevis, such as Dixcart. Investment of a minimum US$200,000 in new luxury developments in St Kitts & Nevis. The upper age limit for young adult dependant children, has been extended from 25 to 30. The St Kitts & Nevis Government has announced Turkish resident permit that as part of an island stimulus package, applicants to the St Kitts & Nevis Citizenship by Investment Programme can enjoy a temporary cost saving until 31 December 2021. St Kitts & Nevis Citizenship by Investment program is offered by My Global Citizenship™. The above timeline is an estimate provided for information purposes only based on experiences with past clients.

• Investment into the Sustainable Growth Fund starts at US$150,000 for a single main applicant plus due diligence fees.
• We recommend you to consider the citizenship-by-investment program in Bulgaria.
• A visit to the island during and after the citizenship obtaining process isn’t required.
• If that is the case, immigration lawyers will be able to offer you a solution or an alternative scheme in a different jurisdiction where you would fit the criteria.

An Affidavit explaining any discrepancies with the application of documents in support. Any other documents required as evidence, explanation or otherwise in support of any of the answers given or statements made in this form. Business licence, Certificate of Incorporation and Certificate of Incumbency for self-employed business owners. If an applicant claims attainment of a university degree, he/she is required to submit a certified copy. In cases where one is unable to present copies, a notarised statement from the university confirming the degree is required. NB you will need a similarly endorsed photo for your passport application so ask your attorney to certify two photos.

The St. Kitts and Nevis Sustainable Growth Fund more generally aims to support economic growth and provides investment into the economic infrastructure of the country across all sectors. Kitts and Nevis citizenship benefitsnot only include lifelong and permanent citizenship to the applicant, surrounded by beautiful waters and sprawling mountains, but also to their family members. This includes a passport which provides visa free or visa on arrival travel to 137 destinations, with entry to the entirety of the EU readily available. These schemes are beneficial for the country’s involved too, which stand to make substantial economic gains alongside enhancing their cultural scope through a greater diversity of people, ideas and backgrounds. It’s the ultimate example of a mutually beneficial scheme, meaning its success should come as little surprise, nor should the rapid number of countries and individuals getting involved. Applicants are able to choose between a wide variety of countries, meaning while one country may not necessarily offer more than another, it may be better suited than another.

After choosing the best investment option for you, you’ll have to reach out to an Authorized Agent to process the application and help you accomplish the necessary papers for this endeavor. All aspiring economic citizens need a liaison before they can apply. One thing that many Caribbean citizenship by investment programs offer is visa-free travel to different countries around the world, and St. Kitts is no exception. StKittsNevisCitizenshipByInvestment.com is sponsored by Brian Kassab & Associates Real Estate Services, the oldest, largest and most experienced real estate agency in St. Kitts and Nevis. Many of the existing properties as well as properties being developed in the beautiful island nation of St. Kitts & Nevis qualify the purchaser to apply for and be granted economic Citizenship. To learn more, please contact Brian Kassab & Associates for assistance in understanding the intricacies of this process and the many potential benefits this may afford you.

Additionally Antigua is open to accepting cryptocurrencies as a form of payment for the program. Investor’s spouse and dependents can be included in the Saint Kitts and Nevis citizenship by investment application. Foreign nationals must not have criminal record and be a good health in order to pass the due diligence checks required by the Citizenship By Investment program.