Saint Kitts Citizenship
Fees And Costs
We provide professional assistance from the beginning to the end of the process and ensure a secure transaction. In addition to the fees mentioned above, an additional fee of US$500 per person is applicable for the processing of passport for any dependents under the age of 16 years. This AAP is approved by the Government of St. Kitts and Nevis, and allows applications with the Citizenship by Investment Program to be processed within 60 days. As a bonus this process includes the application and processing of the St. Kitts and Nevis passport. Under the Real Estate Investments options, you can buy government approved property under the five-year or the seven-year period. The St. Kitts & Nevis Citizenship by Investment Program is the oldest citizenship by investment program in the world, established in 1984 under the regulations of the 1984 Citizenship Act, Part II, Section 3 .
This is due to the Citizenship by Investment program, which artificially inflated real estate prices in Saint Kitts and Nevis. When buying real estate, 0.2% of the value of the property is paid to the Assurance Fund to ensure the transfer of ownership. About 2.5% must be paid to a lawyer for the certification of documents on the transfer of ownership. $ 50,000 for each additional family member, as well as for each dependent over the age of 18. The island nation is known for its low tax rates, stable economy and politics.
St Kitts And Nevis Citizenship By Investment: All About The Program And Country
Saint Kitts and Nevis is a beautiful to 2- island nation located in the Caribbean Sea, boasting white sandy beaches with clear blue water, mountains, and tropical rainforests. This untouched nature and beauty have earned St Kitts & Nevi the title of being one of the top tourist destinations in the world. The St Kitts and Nevis citizenship by investment programme was established under the guidelines of the 1984 Saint Christopher and Nevis Citizenship Act. The CIU overlooks and regulates the citizenship by investment programme in St Kitts and Nevis. In order to apply, applicants are required to make a donation or investment in real estate.
Potential projects should be identified and listed by the Government or can be brought forward by private individuals with access to financing who approach the Government with potential projects not on the Government’s infrastructure list. However, the asset when completed and operated for a reasonable period of time must be turned over to the Government in a maintained condition consistent with prudent ownership. The Alternative Investment Option is a third form of investment under the Citizenship by Investment Programme.
St Kitts And Nevis Citizenship By Investment Program Overview
We spent a lot of time collecting all the documentation and filling out the form, but if everything went well, it would be a pretty clear step,” Deepak said. Visa-free travel to about 130 countries and territories, including the European Union, the Schengen region, the United Kingdom, Hong Kong, and Singapore. In each of these categories, the above amountsinclude all payable government fees. So, the entire citizenship of St. Kitts & Nevis process takes about 90 to 120 days to complete, post which the certificate of naturalization and passport issued. I understand $100,000 is the minimum investment entry for Caribbean Trust Citizenship Programs. Citizenship obtained is irrevocable for life with no residency requirement.
Today, 38 year later, it is one of the most popular and reliable investment passports of its kind. By mid 2018 over 16,500 had become St Kitts citizens via the program, with over 4,000 of those applications having been processed in the 3 years since 2015. Payment of due diligence fee of US$4,000.00 for cases under regular processing time and $20,000.00 cases under the accelerated processing time. Please email us scanned copies of all your documents so we can review them and suggest corrections before you mail the hard copies to us. When emailing scanned documents for our review, please save all documents in PDF format except for the photos which should be saved in Jpeg format. For example, please do not scan the C1 forms for all applicants as one PDF file.
On 6 April 2021, the option of investing in real estates under the citizenship by investment program of St Kitts and Nevis has been updated. Accordingly, the investors are allowed to buy residential properties in addition to purchase government- approved real estate. The applicant may also choose to invest in a non-refundable contribution to the newly established Sustainable Growth Fund which is replacing the Sugar Industry Diversification Foundation option and the Hurricane Relief resident permit turkey Fund . Applicants investing in the Sustainable Growth Fund, have to make a contribution of US$150,000, inclusive of government fees, for a single main applicant or a contribution of US$195,000, following incremental steps, for a family of four. The government of St Kitts also offers the Accelerated Application Process which was approved in October 2016. This allows applications to be accelerated to a 60 day processing period, with some applications completed in as early as 45 days.
Once the file is ready for submission, Government Processing Fees, Due Diligence and CI submission invoice are payable. Compulsory background checks are payable to the Government who appoints a preferred due diligence agency. These agencies use various international and local sources such as Interpol, World-Check and other Government agencies. In addition to the purchase of real estate, there are Government fees to be paid.
Invest In St Kitts & Nevis
Investments can be either in the form of donation (non-refundable) to the Sustainable Growth Fund, or purchase of real estate or its share in a development (re-saleable after five years) approved by the government. ProsAs the world’s most longstanding CBI, this dual citizenship program has been setting the standard for the CBI industry for decades and as a result has secured multiple awards. One of the fastest CIPs worldwide, from its Accelerated Application Process of 60 days to three months.
The country is well-connected to major business hubs across the globe with direct flights available to the UK and the USA. Applicant, along with the dependents, are provided with a St Kitts and Nevis citizenship certificate and passport. Reservation of property within St. Kitts or payment of due diligence and applicable fees. Parents & grandparents of the principal law firm istanbul applicant who are above 55 years of age. Savory & Partners’ professional team will assist and advise you with the collection of the documents required according to the Government checklist. Real Estate Investment – Purchase a property in St Kitts & Nevis with a value of at least US$ 200,000held for 7 years, plus payment of various registration and other fees.
Sidf Contribution Option
One of the reasons we are able to provide such a big discount is that we don’t earn a single penny from fees, commissions, etc. from these passport programs. A single applicant will spend $109,500 all-in for this second passport route. Saint Lucia’s program is definitely the best value option for single applicants. When thinking about gaining a second passport, you should also consider personal presence requirements.
As the chosen representatives of Select Resorts and their associated office Select Resorts, we are dedicated to providing a superior service. 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. Applicants can choose to make a joint investment with another main applicant, whereby each main applicant must make a minimum investment of USD $200,000 in order to qualify. The processing time of ST. KITTS & NEVIS citizenship by Investment program is about days. Freedom, and the other benefits of having a second passport, are simply returns on the financial investment you make in a new “offshore” citizenship. If you look at it this way, a new citizenship by investment can provide returns on investment for the whole of your life… and beyond, since your children and grandchildren can inherit these benefits.
The Bulgarian Investor Program for Residence and Citizenship is a fast-track pathway to permanent residency and citizenship in the youngest EU nation for high net worth individuals and their families. I am a citizen of Germany and it could be that a tax problem will come up, if I live on your island St. Kitts , is there an extradition treaty with Germany so that I will deliver to Germany on any request. We recommend you to consider the citizenship-by-investment program in Bulgaria. So, you may contact the UK Home Office on immigration procedures for the UK.
In order to purchase real estate in St Kitts & Nevis, foreign buyers need to apply for an Alien Land Holding Licence which has a fee of 10% of the purchase price and takes approximately 3 months for approval. Yes, two or more applicants can apply for citizenship together by buying one piece of real estate, as long as each person spends at least $400,000, or $200,000 each if planning to resale the property after seven years. An authorized person is an individual or agent/agency that takes care of the entire Saint Kitts and Nevis citizenship by investment application for you, from start to finish. Only authorized persons/agencies are allowed to operate, as stipulated by the Saint Kitts and Nevis government.
This bird watchers paradise offers fantastic bird watching opportunities on the Caribbean islands of St Kitts and Nevis. Birders will be pleasantly surprised when coming face to feather with birds like the brown pelican, cattle egret, American Kestral, Royal Tern, frigatebird, Caribbean Elaenia, grey kingbird, Black-faced Grassquit and many more. St Kitts and Nevis has a long history, which can be viewed in the historical sights on each island. St Kitts offers fascinating scenes from the carefully preserved world heritage site at the Brimstone Hill Fortress, old churches, historical architecture and lavish colonial estates. Marlin revealed that a great number of individuals who are choosing to leverage dual citizenship stem from nation-states like the U.S. and Hong Kong.
Since 2105, the government has signed visa waiver with 19 countries. We have St. Kitts villas, St. Kitts houses, St. Kitts condominiums, St. Kitts commercial real estate, St. Kitts residential real estate, St. Kitts plantation property and St. Kitts resort property listed for sale and/or rent. We also have Nevis villas, Nevis houses, Nevis condominiums, Nevis commercial real estate, Nevis residential real estate, Nevis plantation property and Nevis resort property listed for sale and/or rent. St. Kitts real estate and Nevis real estate legal fees are approximately 2% of the gross purchase price. A 3 bedroom property with pool rents short-term for US $2500 to US $3000 per week in high season, US $ US $1500 per week in low season. Long-term rental from US $1500 to US $3500 per month and normally attract a 10% commission.
Essen bought his parents an apartment in a residential complex near the beach. Essen’s parents received passports of St Kitts and Nevis and certificates of naturalization in person at the CIP unit in Basseterre. The adding procedure took a little more than two months from the date of contacting Immigrant Invest. The Immigrant Invest lawyers have found a way to obtain documents so that the family did not have to leave St. Kitts and Nevis. The lawyers issued a power of attorney in the name of a company’s lawyer.
The regulations regarding citizenship-by investment in St. Kitts and Nevis are included in Part II, Section 3 of the Citizenship Act, 1984, and the Saint Christopher and Nevis Citizenship by Investment Regulations, 2011. These provisions grant a qualified investor and his family lifetime citizenship, under the criteria administered by the Citizenship by Investment Unit . However, there is a fast-track procedure of 2 months where a higher government fee applies. The landscape of both islands is tropical, with beaches and volcanoes. The climate, therefore, is a tropical climate, with 77-degree averages in the cooler months and 82-degree averages and rain and humidity in the warmer months. It is for those who want to relax by the beach, go sailing, go hiking or attend exciting outdoor festivals.
The French made an effort to colonize St. Kitts, taking over a portion of it from the British momentarily, but the island in its entirety was given back to the British through the Treaty of Versailles in 1783. A similar scenario happened later on Nevis, but in the end the British won them both. In 1816, the islands, along with Anguilla and the British Virgin Islands, were administered as a single colony and became a part of the Leeward Islands Federation. After some rebellion with Anguilla choosing to secede and gain its independence, St. Kitts and Nevis achieved its own independence in September of 1983. It chose to remain a constitutional monarchy under Queen Elizabeth II. 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.
If you’ve selected the Accelerated Application Process, then it will take between days to process your application. The applicant must personally complete all necessary government documents, which are only available through an authorized service provider. Make a qualifying investment first, by either making a government-approved real estate purchase to the value of US$400,000 OR make a financial donation to St. Kitts and Nevis’ Sustainable Growth Foundation to the value of $150,000. From its booming trade and bustling tourism industry to its paradise beaches and offering of a peaceful and private lifestyle, the program’s unique benefits are enjoyed by global citizens worldwide.