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Second Citizenship Of St Kitts And Nevis

citizenship by investment

Second Citizenship Of St Kitts And Nevis


Saint Kitts & Nevis Citizenship By Investment Consultant In Dubai,uae

Own A Private Home And Get Your Citizenship Of St Kitts And Nevis

The Federation of St. Kitts & Nevis is all set to reopen the borders for international flights. The Prime Minister announced this in a monthly held press conference. He said that St. Kitts will welcome the international flights and the decision is taken with a mutual agreement of all health officials keeping the COVID’19 situation in mind.

st kitts and Nevis citizenship by investment

The real estate option is more profitable as the capital invested can be recouped in 5–7 years. To qualify for citizenship of St. Kitts and Nevis under the Real Estate Option, an investment of at leastUS$ 200,000indesignated Real Estateis required. In case of investment of at leastUS$ 400,000 in designate Real Estate, the property is resalable after 5 years. The application process to obtain St. Kitts citizenship is very simple, taking around 3 to 4 months to complete. It starts with the submission of documents and ends with the issuance of a certificate of naturalization & passport.

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Once investment is made and the citizenship application is submitted, the dark blue passport books with traditional golden letters on them are issued to the new citizens within about 60 days. The citizenship by investment program can get you a new passport in just about 4 months. During this time, you do not necessarily need to travel to law firm the country. Living in St Kitts and Nevis isn’t just a chance to live by the sea. Once you get citizenship of this beautiful country, you can travel to over 130 countries without a visa and enjoy a number of tax breaks. If you’re a high net worth individual, you may be eligible for St Kitts and Nevis’s citizenship by investment program.

However, the investor is most welcome to visit St Kitts and Nevis and meet High Net Worth Immigration partners and visit the real estate projects we offer. Those interested in becoming a citizen of Saint Kitts and Nevis will also be able to take advantage of the limited time offer currently available until December 31, 2021. The one-time discount allows a family of four to obtain citizenship at the same price as one applicant.

Our Experienced Immigration Lawyers Have Been Helping Foreign Nationals In Acquiring Citizenship Through The Citizenship

A non-refundable contribution of USD 150,000 to the Sustainable Growth Fund for a single applicant or a family of up to four . An additional USD 20,000 applies for each sibling and USD 10,000 for each additional dependent. St Kitts and Nevis has launched new Sustainable Growth fund, effective from April 1, 2018 after the expiry of Hurricane Relief Fund. The fund will benefit St Kitts Turkish citizenship 250.000 USD and Nevis in sustainable areas such as healthcare, education, alternative energy, heritage, infrastructure, tourism and culture, climate change and resilience, and the promotion of indigenous entrepreneurship. St Kitts passport is now the powerful CBI passport in the Caribbean with visa free access to 155 countries and territories, including Russia, UK, Ireland, EU Schengen states.

st kitts and Nevis citizenship by investment

To qualify for citizenship under the real estate option the government requires applicants to make an investment in designated, officially approved real estate. The St. Kitts & Nevis Citizenship by Investment Program was established in 1984 and is the longest-running Citizenship by Investment Program in the world. This program offers qualified investors and his family members an international mobility by means of visa free access to 141+ countries and destinations, including EU, Hong Kong, Singapore, UK and many more. It also has accelerated processing which will result in acquiring St. Kitts and Nevis passport in just about 60 days. The whole family can get a second passport through St. Lucia’s citizenship by investment program donation option for just $167,500 all-in including government fees. Anyone who selects the Real Estate citizenship option must invest a minimum of US $200,000 in a government approved real estate development project made up of either land only, or land and house/villa.

Are There Any Residency Requirements To Acquire And Maintain A St Kitts And Nevis Second Passport?

The investment promotion efforts of the agency are geared towards attracting the right type of investor that will positively contribute to the long-term development of St. Kitts. We are committed to helping you find just the right property, whether it be a luxury villa, vacation home, condo or land to build your dream home. Real estate must be held for five years before it can be resold if you’re a solo investor.

st kitts and Nevis citizenship by investment

The property purchased must be minimum USD $400,000 in a pre approved real estate development area. 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. Under OPTION 2, an applicant can participate in the program if they donate USD $250,000 to the Government of St Kitts and Nevis, namely tjrough the Sugar Industry Diversification Foundation . This fund is specifically in place to support the social and economic development of the island. This contribution is non-refundable and can be paid as listed below.

St. Kitts real estate and Nevis real estate alien land-holding licence is 10% of the gross purchase price . Properties in Frigate Bay and the following designated areas are exempt from this licence. St. Kitts real estate and Nevis real estate stamp duty is 10% for free hold properties and 10% for condominiums.

  • We will help you choose and make an investment and apply for a passport for the whole family.
  • Generally, the obtaining of real estate may require longer processing times depending on the chosen property and the conveyancing process involved in the purchasing of property.
  • Note that under the real estate option, the time frame may vary depending on the development, so it is important to select a real estate project that complements the citizenship application efficiently.
  • St. Kitts’ citizenship by investment program is reputable and time-tested.
  • Once you have obtained St Kitts citizenship, we will begin the St Kitts passport application.

Please see the fee schedule for single applicant and any accompanying family members. The SIDF option is the fastest and cheapest way to attain second citizenship and the processing time takes 4-6 months. The above mentioned include all government and due diligence and application fees. The applicants can meet all the requirements for citizenship is through an investment in a real-estate project which is pre-approved, which includes villas, hotel shares and condominium units. By law, the minimum real estate investment is US$200,000 or US$400,000 for every main applicant. St. Kitts and Nevis is the only citizenship by investment program to offer an Accelerated Application Process .

St Kitts And Nevis Citizenship By Investment Cbi Program

Also the high number of visa free access countries was another factor,” added Deepak. A Global mobility, St. Kitts & Nevis passport is one of the most prestigious in the Caribbean. Passport rank at 25th of the world, travel with visa-free or visa-on-arrival access to 156 destinations worldwide including UK, Eu countries, Hong Kong, Russia and Singapore.

The processing time for St Kitts citizenship depends on many factors, but can run 3-4 months. A Certificate of Naturalization is issued for each member of the family. Dual citizenship is permitted and there is no residence requirement.

Citizenship Enquiry

The Revised Treaty of Chaguaramas established the CSME, which permits the free movement of goods, capital, and labor within CARICOM member states. The COVID-19 pandemic has significantly reduced the economic gains St. Kitts and Nevis had made in recent years. The impact of the pandemic on tourism, a mainstay of St. Kitts and Nevis’s economy that generates over 60 percent of GDP, has had ripple effects across the economy. The government has introduced measures to protect workers and key economic sectors. The programme has also recently been ranked as the world’s best in this year’s CBI Index by experts at the Financial Times’ Professional Wealth Management magazine. According to the annual report, the programme was awarded highly for its due diligence, citizenship timeline and family-friendly structure, amongst other features.

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