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Skn Has Top Rated Citizenship By Investment Scheme

What Do Countries Gain From Citizenship By Investment Programs?

Since 1984 investment in the host country has been another way of acquiring citizenship. Applicants are required to submit identity proofs for main applicant & dependents. The Federation of St. Kitts & Nevis is all set to reopen the borders for international flights.

Our lawyers in St. Kitts will work with you directly to ensure a successful application. They will act as the intermediary between you and the government, developer other parties in St. Kitts. Once you have paid agent fees we guarantee you the best second passport and second citizenship services and we must remind you that we have an excellent track record for acquiring St. Kitts second passport on behalf of many clients. We will be happy to help you sort out any other question/ matter which may arise after you have gained your St. Kitts passport. You can obtain St. Kitts and Nevis citizenship in as little as 4 months or use the accelerated application process service to get an approval in 60 days. All applicants above 16 years of age will have to undergo due diligence background checks.

St Kitts To Get Your Income Taxes Close To Zero

St. Kitts and Nevis’ citizenship by investment program is engulfed in a scandal involving rampant rule violations, use of forged documents, and fraud involving real estate escrow accounts. The application “Citizenship of Saint Kitts” contains full information about the citizenship program and the latest news in the field of immigration to St. Kitts. This is qualified support at every stage of registration – from collecting and submitting documents to obtaining a passport. American expatriates and those who renounced their U.S. citizenship spiked in 2010 after FATCA started and it has climbed considerably into the next decade. She also said that the program price has dropped for a family of four from $195,000 to $150,000 until December 2020.

You have the right to live and work in Saint Kitts and Nevis at any time. And since Saint Kitts and Nevis is a member of the Caribbean Community, you may reside in any of the other member states. In addition to visa-free travel or visa-on-arrival access to more than 120 countries. For more information about benefits, see our benefits page or contact us to explain the options that are right for you and your family. Individuals can make a non-refundable contribution to the Sugar Industry Diversification Fund – with the contribution determined by the number of dependents, or invest in an approved Real Estate project. The real estate must be held for at least five years after obtaining legal citizenship.

St Kitts And Nevis Citizenship And Passport Benefits

St Kitts and Nevis offers second passport and Citizenship for life for the main applicant, applicant’s spouse and qualifying dependents . When ready you can move to the next stage of application or visit the country in question with our consultants and partners particularly where real estate investment or local attendance is required for the process. turkish citizenship by investment St Kitts offers citizenship through investment in real estate for $400,000 or a donation to the development fund of $250,000. By investing €2.5 million in real estate applicants can gain an EU passport within 3 months. Once you are granted Saint Kitts and Nevis citizenship, you will have all the rights that citizens of Saint Kitts and Nevis enjoy.

st kitts citizenship by investment

The second citizenship program as it is so often called was started in 1984. St. Kitts and Nevis citizenship by investment program grants s second citizenship to successful applicants. Under the real estate option of the St. Kitts Nevis Citizenship-by-Investment Program, the registration fees per the main applicant and dependants above the age of 18 is USD50,000.

Dream Destination Canada offers a promising range of Immigration support and services under the adroit supervision and leadership of our RCIC and expert Immigration Analysts. He is catering to the needs of our clients since 1998 with immense, dedication, law firm istanbul honesty & professionalism. We, at PAIC, always strive towards providing the best and personalized services to our overseas clients. We are determined to guide you in your impeccable investment process in St. Kitts and Nevis Island.

st kitts citizenship by investment

The fees structure for duediligence checks is US$7,500 for the main applicant and US$4,000 for each other person. The Citizenship Act, 2013, an investor who has invested USD 1 million in a business in Seychelles and has been supporting him/herself during 11 years, may apply for a Citizenship of Seychelles. Before being granted a Citizenship, the applicant must submit proof of investment towards starting or expanding a business along with other requirements.

Payment Of St Kitts And Nevis Government Administrative Fees And Contribution

Investment in St. Kitts and Nevis government projects gives you worldwide mobility and the chance to work and live in your respective country. Given below are some basic criteria that are required to qualify for the citizenship of St. Kitts and Nevis. These points are mentioned as per the Citizenship-by-Investment Program. Mandatory background verifications are payable to the Government that is appointing a due diligence agency.

st kitts citizenship by investment

The investments made in the country’s real estate sector have in turn benefited the local communities considerably. A boost in tourism and therefore resort construction has not only sped up job creation, but has enabled additional upgrades in parallel, such as the upgrades to the island-wide main road. Over the past decade, many international investors have done the Saint Kitts & Nevis Citizenship by Investment programme.

Other Requirements And Fees

If your lie will be discovered – and it will be discovered – you will be rejected. Let us discuss this obstacle with the CEO of the Citizenship by Investment Unit, Mr. Less Kahn. If a minor infraction is properly disclosed, we have a good chance to fix the problem with your application.

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. The minimum age requirement for the main applicant is 18 years of age. We highly recommend our clients to arrange the following important documents, before applying for citizenship program. Normally it takes 1-2 months to arrange for these documents in your home country.

Benefits Of Investing In St Kitts & Nevis

By option one, a family or individual qualifies to apply for citizenship through an investment in designated real estate. St. Kitts and NevisGovernment was the first country to launch the Citizenship Turkish work permit by Investment program, The program was established in 1984 to support economic growth. It has also launched extensive legislation to attract financial services businesses to the island.

st kitts citizenship by investment

We will be happy to offer our skills and knowledge to make sure you get your second passport easily and quickly. The St. Kitts and Nevis Citizenship by Investment Programme has an excellent track record in the global market place for second citizenship. Nonetheless, the Government is cognizant of the need for ongoing enhancement to the programme to meet the challenges of an increasingly competitive market place. The newly implemented reforms will ensure that St. Kitts and Nevis continues to offer one of the best Citizenship by Investment Programmes. For information and advice on real estate in St Kitts and Nevis, you need look no further, as you have now reached the friendliest real estate professionals in the Caribbean.

st kitts citizenship by investment

There are many direct flights that connect the country to the US and mainland Europe, with lots of cruises coming through to port, bringing in a booming tourism market and trade. St. Kitts & Nevis has had its citizenship by investment program for a relatively long time, and has a great track record with it so far. It is a stable economy that offers unique benefits to its citizens, and has a wide appeal for investors of all types. The applicants must invest in a governmental approved St. Kitts and Nevis real estate project valued at least 400’000 USD.

st kitts citizenship by investment

In that case, the investors are required to hold that property under their possession for at least seven years. The minimum real estate investment required by law is US$200,000 or US$400,000 for each main applicant. For the St. Kitts and Nevis economic citizenship programme, several documents need to be submitted. The passport copy for economic citizenship must show the applicant’s signature, recent photo, passport number, country and date of issuance of passport. Every applicant for economic citizenship must also provide eight passport size photographs of him/herself, as well as a police record which must be valid. Along with these documents, a copy of every economic citizenship birth certificate must be submitted.

For us, this means abiding by international law and having a robust due diligence system in place, to uphold and protect the integrity of the program. We operate in full compliance with national legislation and international standards. There is also another element I wanted to touch upon which adds to the quality of our programme, and this is the contribution to the domestic economy and the positive local impact. Investors contribute to local economic growth, as revenue from the programme are used to invest in key sectors, ranging from healthcare, infrastructure, tourism, construction, and sustainable development.

You are not liable for taxation, even if you decide to reside in St. Kitts & Nevis, as there are no direct taxes whatsoever. • Original excerpt of full birth record or certified copy of full birth certificate (i.e. a birth document that also includes your parent’s details, or a household register, family book etc.). • Six original passport-size photos of each applicant taken within the past 6 months. Please note that you may be responsible for any legal costs or attorney fees in addition to the fees stated above. This fabulous three bedroom home is located on the grounds of the exclusive and luxurious Calypso Bay Resort. This is a two floor villa which offers unobstructed views of the Caribbean Sea and the neighbouring sister island of Nevis from any of its three balconies.

In addition, you need to pay other fees and taxes as applicable and fulfill the formal requirement as identified by the government. This captivating resort also offers a unique opportunity as it is approved under the Citizenship by Investment Programme. A US $220,000 investment through our limited partnership structure in Park Hyatt St. Kitts entitles you and your family to apply for citizenship of St. Kitts & Nevis. If issues arise during the screening process that may cause the investor’s application to be rejected, the licensed agent will offer other citizenship programs for the investment. For individuals that hail from a country with a passport that limits travel opportunities, CBI enables access to hassle-free mobility for those wishing to conduct business abroad or who simply desire to see the world.

st kitts citizenship by investment

Of course, obtaining the assistance of Realtors, like ourselves, would be best to find a property that is suitable to you. As a citizen of St Kitts and Nevis you will enjoy tax free status on all income, capital gains, gifts, wealth and inheritance. The Caribbean is home to a few small nations, yet its influence on the world is significant. From mouth-watering cuisines to beautiful beaches, it is a must-see for those who live to explore.

st kitts citizenship by investment

To encourage investment in the real estate market in certain specific parts of the twin islands, the government provides exemptions to the requirement to obtain the Alien Land Holding License sometimes. Most people that RELIQUISH OR RENOUNCE their citizenship are usually citizens from the USA and do so for tax reasons so most of this section will be dealing with U.S. Citizens but some of this information will be dealing with other high tax countries as well. For a family of four the investment cost starts at Euro 250,000, which is typically applied to a property, and applications take between two and six months to process.

No changes to pricing for single applicants or for real estate option. An applicant can make an investment of $400,000 by purchasing any government-approved property, in this case, the applicant is required to maintain this amount for five years. The government of St. Kitts and Nevis has introduced a permanent investment fund in April 2018 which was a variation in the temporary relief fund for hurricanes introduced in 2017. The government is also offering a discounted amount of $150,000 for a family of four instead of $195,000 which is valid till the last month of this year 2020.

  • The application process for the St. Kitts & Nevis CBI program is incredibly straightforward and easy to navigate.
  • They are biometric documents, ensuring a greater level of safety and facilitating cross-border procedures.
  • St. Kitts andNevis citizenship-by-Investment programwas established in 1984, making it the first and longest establishedeconomic citizenship programof its kind.
  • Full discretion, ensuring that one’s new citizenship status is not reported to third parties and other countries.

If the application is not accepted, the registration fees paid to Government and the funds for the payment of the required investment will be returned to the unsuccessful applicant. Please note that fees paid to Government for background checks are not refunded. Where citizenship was once limited to the countries with which individuals are involved, it has become increasingly common to invest in the country’s economy in exchange for citizenship.

st kitts citizenship by investment

For example, we work extensively with the Joint Regional Communications Centre , a sub-agency of the Caribbean Community Implementation Agency for Crime and Security . We proactively submit security vetting requests to the JRCC for those applying to our CBI programme, and applicants’ personal details are screened against the Centre’s Watch List databases. SKN legalising cryptocurrencies is another example of our progressive approach to incorporating digital into our economy and way of life.

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