St Kitts & Nevis Visa
As a rule, serious companies have already “their” reliable developers whose properties actually exist and are insured against natural disasters. The Sustainable Growth Fund invests in building schools, developing the healthcare system, construction of infrastructure and maintaining the integrity of the cultural heritage. The minimum amount of a non-refundable donation to the fund is $150,000, not including additional fees. Finally, let’s talk about how to obtain citizenship by investment.
You won’t have to visit St. Kitts and Nevis prior to getting your passport, nor will you have to go there once you are a citizen to renew your passport. Real estate must be held for five years before it can be resold if you’re a solo investor. If you choose to share an investment with someone else, you will have to hold the real estate for seven years before you can resell it. Only after your application is approved will you have to make the full investment. Dependents under the age of 30 can be added to the application, as can parents and grandparents over the age of 55. There is an additional $20,000 for dependents above the age of 16.
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In September 2013, Malta asked Henley and Kälin to design a programme whereby it could sell passports too. “A few things were not going in the right direction in St Kitts, in our opinion,” Kälin said. The government sees all this money and they become a bit less careful.” By 2017, the five Caribbean countries had got into a bidding war and St Turkish staying permit Kitts And Nevis had cut the price of its passport to $150,000. Kälin had intended a Kittitian passport to be a prestigious financial instrument, a super-visa and an insurance policy, but the politicians got greedy and that vision was gone. Kälin had his eye on a market with far greater potential and was building the next stage of his dream.
It is great to spend holidays in St Kitts & Nevis, but some may wonder what you may need St Kitts & Nevis citizenship for. Actually, St Kitts & Nevis passport brings a lot of benefits, and it is relatively easy to obtain. Grenada, Montenegro, Turkey, Bulgaria are the only CBI countries that have E-2 investor visa agreement with United States. Therefore if you become a citizen of these countries you and apply for E-2 visa to US. E-2 visas are cheapest alternative to EB-5 immigrant investor program which requires $900K investment. EB-5 wait times can take years while E-2 visa wait time is only 3 weeks.
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To your surprise, the CBI program of St. Kitts and Nevis allows your entire family to come. You can add dependents under 30 years age in your application, along with parents and grandparents above 55 years. You need not visit the country before applying for citizenship nor afterward. Indeed, you can become and continue to be a citizen without ever stepping in St. Kitts and Nevis. Applicants obtain a Saint Kitts passport for global citizens without residing in the country and announce their current nationality.
Make a minimum independent investment in property valued at $400,000, with 5 year ownership, or make a minimum joint investment in property to be held for at least 7 years, valued at $200,000 per investor. Make a financial contribution of $150,000 to the Sustainable Growth Fund. Updated yearly, the Arton Index is an overall assessment and comparative benchmark of the country and its investment program.
Income Tax Status
The important difference you should know is Greece issues permanent residence permits valid for 5 years with extensions and also for family members. Please note Portugal grants Permanent residence permits valid for 5 years for 500k euro and above investments, all investments below this will receive Temporary residence permits valid for one or two years with extensions. GV scheme offers path to become portuguese citizen after 5 years, while maintaining all investments plus passing A2 language test and no criminal record.
Country category for visa application, Ministry of Foreign Affairs and Trade of Brunei. Countries not requiring an entry visa, Department of Immigration and Nationality Services of Belize, September 2016. Visa regime for foreign citizens, Ministry for Europe and Foreign Affairs of Albania. Some other countries require vaccination only if the passenger is coming from an infected area. Nationals of St. Kitts and Nevis born in Afghanistan, China (People’s Rep.), Iran, Iraq, Libya, Nigeria, Pakistan, Syria and Yemen must have a visa. Granted free of charge at Beirut International Airport or any other port of entry if there is no Israeli visa or seal, holding a telephone number, an address in Lebanon, and a non refundable return or circle trip ticket.
How To Get A Pet Passport For A Icelandic Sheepdog In St Kitts And Nevis?
As a result CBI programs that dont require a personal visit for passport have become extremely popular. Caribbean countries has slashed prices for investors applying for citizenship by investment programs. Many of these small countries have been desperate to raise revenues as a result of economic fallout caused by pandemic. Nowadays there are five countries in the Caribbean (St. Kitts & Nevis, St. Lucia, Dominica, Grenada, and Antigua & Barbuda) that officially allow foreigners obtaining citizenship by investment in a reasonably short period of time.
As soon as you’ve prepared all of your paperwork and files, it is possible to file your immigration kind at any US consulate in the country in which you’re staying. Many US consuls handle visa applications and other immigration paperwork on a daily basis. Check with your regional US consulate to learn their hours of operation, or have a look at the United States Citizenship and Immigration Services site to learn their speech.
When you acquire citizenship under the St. Kitts and Nevis citizenship program, you and your family enjoy full citizenship for life, which can be passed on to future generations by descent. St. Kitts and Nevis’s Citizenship by Investment Program offers investors the opportunity to obtain a passport quickly with flexible application requirements. Our team will accompany you every step of the way to ensure your citizenship application in St. Kitts and Nevis is successful. A dedicated account manager will provide you with the knowledge needed to make a sound investment and ensure you fulfill all the requirements.
Up until recently, St. Kitts real estate citizenship used to require an investment of $400,000. St. Kitts and Nevis CIP program currently offers two options to purchase a second passport. 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.
Antigua Cabinet launched University of West Indies fund as an additional option offering a huge savings for big families . Average CIP application processing times reduced to56 daysmaking Saint Lucia fastest CBI program in the Caribbean. Ramon Olorunwa Abbas, according to reports claims to run a real estate business. He is purported to have conspired to launder millions of dollars through business email compromise frauds and other scams, the US Department of Justice said.
TheBritish Virgin Islandsare a mere stone’s throw away from St. Thomas and St. John, and accessible by ferry or private boat. “Ms Chapman, a resident of North Carolina, USA, married Mr Abbas in Nigeria in October 2018, thereby conferring him with the right to St. Kitts and Nevis citizenship,” the prime minister said. The prime minister said Hushpuppi, whose real name is Ramon Olorunwa Abbas, married Shawana Nakesia Chapman, a 32-year-old citizen of St. Kitts and Nevis by birth and the United States of America.
TDS specializes in travel that involves visas for more than one country. As citizenship by investment routes become more affordable, this legal path to getting a second passport with no residency requirement has become law firm istanbul a valuable way to safeguard a successful future. Citizens of Bulgaria and Romania now enjoy visa-free travel to Canada. Consequently, interest in the Bulgarian citizenship by investment program is expected to increase.
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 law firm application. The Grenada Economic Citizenship Program has increased the maximum age of dependent children from 25 to 30.
The ‘Platinum Standard’ program was established back in 1984 when the sugar industry collapsed and the country found itself in dire need of money. Before we get to the minute details about the St. Kitts and Nevis’ citizenship program, let’s get on the same page as to what a CBI program actually is. Antigua and Barbuda and St. Kitts and Nevis are countries Turkish work permit that have zero personal income tax. St. Kitts and Nevis in my opinion is a little bit more solid in that regard, but Antigua and Barbuda is also great. There was talk about Vanuatu changing the program earlier this year because there were two different programs. It sounded like they were going to fix the program but it didn’t end up happening.
Agent and processing fees for each applicant must be paid separately to us . The official currency is the Eastern Caribbean Dollar , which is permanently pegged to the USD at an exchange rate of XCD 2.7. Saint Kitts and Nevis is the 30th largest economy in the Caribbean and Latin American countries. The country has an open economy, generating a GDP of approximately $1.7 billion. Travel mobility – Did we mention that the St. Kitts and Nevis passport grants you visa-free access to 156 destinations worldwide?
An original birth certificate for each applicant enrolled into the program with names and date of birth clearly written is needed. Applicants must also include a certified copy of their current travel document; another form of picture identification is accepted for persons with no travel document. Applicants must submit marriage certificate or a divorce certificate. A criminal record must be sent in along with medical certificates. In the region, only Barbados can offer better terms, but they do not have a citizenship by investment program.
- The government guarantees that the construction will be completed and an investor will not lose their money.
- To obtain citizenship, investors make a non-refundable contribution to the state fund of $150,000 or buy real estate for $200,000+.
- The Dominica citizenship program was established in 1993 and is one of the oldest naturalization programs in the world.
- It must then be presented at the border when arriving on the islands.
- In particular, the relevant products are additionally offered by the Commonwealth of Dominica, St. Lucia, Grenada, Antigua & Barbuda.
The passport permits visa free access to 150 countries including Schengen Area, UK, Russia, Singapore and Hong Kong. The country grants St. Kitts Kitts citizenship passport within 3 to 6 months. You and your family will obtain an irrevocable dual citizenship and second passport without having to ever visit St. Kitts or renounce your current nationality. The St Kitts and Nevis second Passport program real estate option has double benefits; the applicant will own St Kitts and Nevis real estate and still qualify for the second passport program. For this option applicants must make a real estate purchase or investment of no less than US$350,000 in the islands of St Kitts and Nevis. Any property purchased cannot be sold until five years has passed.
In this instance, real estate must be held for a period of seven years to maintain an investor’s economic citizenship status. These Government fees must be paid to the Government, while the minimum investment must be paid to the seller’s escrow account. The minimum real estate investment required by law is USD 200,000 or USD 400,000 for each main applicant. Investor must also be ready to pay non-refundable government fees USD 35,000 per principal applicant, USD 20,000 per spouse, and USD 10,000 per each dependent child.
A St Kitts passport can be obtained either through a non-refundable financial contribution of $150,000 or a minimum $200,000 investment into a real estate project, which can be sold after 7 years. In an effort to reverse or at least reduce the scrutiny the country has come under for its passport program, St. Kitts is recalling all economic passports issued from January 2012 through July 2014. Passports issued during that period didn’t include place-of-birth information or any details of name changes. Omitting the place of birth helped to hide the origin of the passport-holder, a security concern for Canada and the United States.
So, you don’t need to worry about losing your first passport if the country of your first citizenship doesn’t allow dual citizenship. Also, if you prefer to keep your second passport under wraps, St. Kitts will ensure that this is the case. There are benefits and drawbacks to each of these options for the citizenship by investment program in St. Kitts and Nevis. This desperate need brought a new twist to the island nation’s citizenship by investment program.
With a minimum investment of US$400,000, the applicant can buy a pre-approved real estate in St Kitts and Nevis and earn themselves the citizenship of the country. In that case, the investors are required to hold that property under their possession for at least seven years. Upon approval-in-principle of the application, the funds for the real estate, SGF contribution, government fees, and other fees will be released to the various parties.