St Kitts & Nevis
St Kitts And Neviscitizenship By Investment
Please check the box to confirm you understand the investment requirements. The Federation may be accessed directly from the United States, Canada, and the United Kingdom, by simply choosing one of a wide range of international airlines serving the island on a daily basis. St Kitts and Nevis’ pleasant tropical climate, turquoise waters, and sugar-soft beaches make the two islands a fashionable tourism destination, and a true earthly paradise.
St Kitts and Nevis is part of the Commonwealth of Nations and retains the British Monarch as head of state. The St Kitts and Nevis Citizenship-by-Investment Programme offers visa-free travel to 154 countries and jurisdictions, including the European Schengen Area, the UK, Hong Kong and Singapore. Find out more about investing in a St Kitts and Nevis second citizenship today.
Completion Of Transfer Of Property Or Confirmation Of Contribution To Sidf
Other countries came out with new options, like St. Lucia which introduced COVID-19 Relief Bonds — an investment that you actually do get back, but does not carry any interest. In certain cases – when investing in real estate, for example- you can get some or most of your money back and potentially even generate an investment return– though the steep entrance price is hard to make up for. Then, if you decide to move overseas, you can stay for as long as you like, work, start a new business or even retire there.
For further information on how the application process works, please contact us. The stated intent of this bill is to begin to bring the country into alignment with international standards for combating money laundering. St. Kitts and Nevis also passed the Proceeds of Crime and Asset Recovery Bill, 2019, which aims to provide the government with an additional tool to combat money laundering and terrorist financing. The Hotels Aid Act provides relief from customs duties on items brought into the country for use in the construction, extension, and equipping of a hotel of not less than ten bedrooms.
Other Options Of Citizenship By Investment
In addition to the investment, state fees, administrative fees, Due Diligence and documentation services have to be paid. The total investment for citizenship depends on the composition and age of the family members. A passport can be obtained within 3 to 6 months, or through an accelerated procedure in 60 days.
In addition, the Income Tax Act provides special tax relief benefits for hotels of more than 30 bedrooms. If the hotel contains fewer than 30 bedrooms, gains or profits are exempt from income tax for five years. St. Kitts and Nevis employs eminent domain laws which allow the government to expropriate private property. There are also laws that permit the acquisition of private businesses, and the government claims such laws are constitutional.
In comparison to other Caribbean islands, it is still very much in its beginning stages on St. Kitts & Nevis. Saint-Kitts has extradition treaties with the UK, the USA, and with Canada. At the same time any crime in the country of the British Commonwealth is considered to be a crime in Saint-Kitts & Nevis .
There is a fast track process which enables applicants to receive a St Kitts & Nevis passport in 45 days. The St Kitts & Nevis Citizenship by Investment Programme grants qualified applicants instant visa-free access to over 150 countries and it is one of the oldest and most respected programmes of its kind. • Dependent children should be under the age of 30 and dependent parents above the age of 55. As a citizen of St. Kitts and Nevis, you can travel to 155+ countries visa free which includes the UK, Schengen states, Hong Kong and Singapore. Successful applicants can take advantages of visa-free visit to more than 139 countries, as listed below. It should be noted that visa-free travel to the countries listed below are subject to change.
Key Points About Real Estate Option To Qualify For Saint Kitts And Nevis Citizenship:
Take note that the value of your contribution does not include due diligence, agent or processing fees. Invest in Real Estate starting at $200,000 USD in luxury resort developments. The investment must be held for at least seven years and can then be sold to anyone including another citizenship applicant. Applicants will be kept appraised of the status of their applications through their authorized person. Some of the money under the St. Kitts and Nevis program can be returned, but only if you buy real estate.
It is the oldest and most prominent economic citizenship program that provides you dual citizenship. The passport for St. Kitts and Nevis holds the 32nd rank among the strongest passport worldwide. The program allows you visa-free or visa on arrival travel access to more than 150 countries, including EU, Schengen, UK, and Singapore. Applicants may qualify for citizenship through an investment in a pre-approved real estate project, which may include hotel shares, villas, and condominium units. The minimum real estate investment required by law isUSD 200,000 orUSD 400,000 for each main applicant. Also in the real estate option, a non-refundable government registration fee of USD 35,000 for the main applicant, 20,000 for the spouse and 10,000 for each family member is added to the total cost.
St. Kitts and Nevis maintains Double Taxation Agreements with several countries including Denmark, Norway, Sweden, and the UK. It has Double Taxation Conventions with Monaco, San Marino, and some CARICOM countries. Foreign investment in St. Kitts and Nevis is generally not subject to any restrictions, and foreign investors receive national treatment.
The St. Kitts & Nevis citizenship by investment program is the oldest prevailing program of its kind in the world. Not only do you gain visafree travel access to more than 120 countries and territories, but the real estate prices are low and provide substantial room for capital appreciation. The application process is between four to six months, making it relatively fast. The processing time for the citizenship application Turkish citizenship 250.000 USD to be approved in principle is that of 2 months, and after the investment and relevant fees are paid the naturalisation certificate is issued. Two or more applicants may apply for citizenship together by purchasing one piece of real estate, provided each main applicant contributes the minimum investment of US$400,000.00. The minimum real estate investment required by law is US$200,000 or US$400,000 for each main applicant.
Saint Kitts citizenship by investment is also known as the Sugar Industry Diversification Foundation option of the St. Kitts economic citizenship program. The other option for St. Kitts citizenship is the St. Kitts and Nevis citizenship by investment and this involves making an invest in a St. Kitts real estate project. St. Kitts citizenship by donation has many options to choose from and is suitable for applicants with family or dependents.
Grenada citizenship can be obtained starting at USD 150,000 plus due diligence and additional fees. The country has warmly welcomed investor migrants for decades now, running the longest and one of the best managed Citizenship by Investment Programs in the world since 1984. Their program is recognized as the “platinum standard brand” in the global marketplace of citizenship by investment programs. Investors are walked through an accelerated application process that enables the granting of full citizenship in just 60 days in most cases. No other country has such a good expedited feature in their citizenship by investment program.
A house tax is charged at the rate of 5% of the annual gross rental value for residences in St. Kitts or Nevis with a 25% rebate for properties that are occupied by their owner solely as residence. The minimum annual rental value is XCD 600 in St. Kitts and XCD 48 in Nevis. Brian Kassab and Associates can help you whether you are looking for a villa, house, condominium, land, or commercial property as well as large parcels of land suitable for large scale development, island-wide.
The St.Kitts & Nevis Citizenship by Investment Program is the longest established Caribbean Citizenship by Investment Program and has been in operation since 1984. St.Kitts & Nevis is known for being the platinum brand and the most innovative turkish citizenship by investment Citizenship by Investment Program. St.Kitts & Nevis Citizenship offers the most visa free countries with citizens having access to visa free travel to over 150 countries. St.Kitts & Nevis is a tax neutral country and is a great place to live.
Besides, Saint Kitts passport is one of the most prestigious in the Caribbean. In the second provision, applicants have to invest a minimum of $200,000. In this case, they have to maintain possession of their property for seven years, after which they can resell it. A police certificate to indicate no criminal record needs to be submitted during the application process.