Second Citizenship Of St Kitts And Nevis
Step 2: Application Pack Preparation
Government requires $200,000 or$400,000 real estate investment in approved projects. The majority of our refusals are for security concerns, which have been flagged by the CBI programme’s various international law partners and internal mechanisms. Other denials are due to visa refusals from countries that St. Kitts and Nevis has visa free access or also due to previous criminal records, fraud, and situations that would represent a reputational risk to St. Kitts and Nevis. One new development has been the provision of alternative investment options giving investors the opportunity to contribute to different sectors that ultimately help our people. The St. Kitts and Nevis CBI programme has long been noted for its reputation as a platinum programme with unparalleled standards of due diligence and the strongest CBI passport in the Caribbean. Alongside our status as the world’s first CBI programme, these features have cemented our reputation as one of the most popular CBI programmes in the world.
If you’re retired or on the brink of retirement and you want a relatively simple low-cost investment that won’t lead you astray, your search should start with Vanguard mutual funds. Vanguard has more than $7 trillion under its management and is the only mutual fund company with a financial structure built to benefit the shareholders in its mutual funds. The Alien Land Holding Licence typically takes 2 to 3 months for approval and has a fee of 10% of the purchase price of the property although this is waived for buyers purchasing property in certain areas. Flourishing real estate sector stimulated by the Citizenship by Investment program offering high quality luxury homes, beachfront apartments and hotel suites. Highly attractive tax incentives – freedom from income tax, capital gains tax, inheritance tax and gift tax.
How To Value A Passport And Citizenship
These programs do not require living in the country to obtain the citizenship or residency and they allow dual citizenship and nationality. No specific qualifications are expected from applicants other having a clean criminal record and making an investment. Citizenship Invest is a pioneer advisory firm specializing in the fastest investors programs to obtain residence and citizenship in multiple countries worldwide. The company helps every year hundreds of individuals and families around the globe to acquire a second citizenship by investment. Citizenship Invest holds the strongest credentials and is accredited by different Governments to process their citizenship. There are two options for economic citizenship in the St. Kitts and Nevis Citizenship-by-Investment program; the Real Estate Option and the Sugar Industry Diversification Foundation Option.
Hence, the minimum investment was changed from USD350,000 to USD400,000 which also has taken effect. St Kitts and Nevis maintained a top score in the Mandatory Travel or Residence pillar as it does not require applicants to fulfil travel or residence requirements before or after applying to become citizens of the nation. It also received the highest score of all CBI jurisdictions for Citizenship Timeline as it is the only country with a guaranteed fast-track process. While St Kitts and Nevis are dependent on tourism to drive its economy, its Citizenship by Investment Program drives foreign investment to the island. St. Kitts & Nevis has now been granted visa-free travel to Brazil with more countries to follow.
What Are St Kitts And Nevis Residency Requirements?
While some countries require upwards of a few million dollars as part of the initial investment, the St Kitts and Nevis option is more manageable — and has a solid reputation. The St Kiits passport allows travel to many countries as “Visa Arrival.” This means that the traveler can obtain the passport on site as opposed to having to obtain it prior. There are also additional Government Fees required as part of the submission process. St Kitts allows for dual citizenship and as such you do not need to renounce your first citizenship before you can take possession of your St Kitts and Nevis citizenship.
Size of the economy, the number of visa-free countries you can access, the country’s geography and even its climate can all play a role. You can choose to work with a world-famous service provider and pay tens of thousands of dollars in fees, or work with a much smaller firm and pay a fraction of that. As the longest running resident permit turkey program of its kind, we can see that the government has fulfilled its promises, renewed the passports, and upheld its end of the bargain. 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.
Application Forms For St Kitts & Nevis Citizenship
Today, the St Kitts and Nevis Program stands as the oldest, most trusted, and most successful program of its kind. This beautiful two-island nation is blessed with tropical temperatures, clear blue waters and a bustling trade and tourism economy. It is well-connected by direct flights to and from Europe and the U.S., and offers residents and citizens sought-after turkish citizenship advantages, such as dual citizenship and tax-free worldwide income. The St Kitts and Nevis Citizenship by Investment Program requires applicants to make an economic contribution to the country. To qualify for St Kitts and Nevis Citizenship by Investment Program, applicants are invited to invest in either the Sustainable Growth Fund or real estate investment.
There is a fast track process which enables applicants to receive a St Kitts & Nevis passport in 45 days. The St. Kitts & Nevis passport is very well regarded, it has always been carefully managed and only relatively few passports have been issued under this citizenship-by-investment program. As a result, St. Kitts & Nevis citizens enjoy a passport with an excellent reputation and very good visa-free travel. Along with that, produce the relevant fees and supporting documents for yourself and your family. This includes spouse, adult children, and dependent children under 18 years of age. Regardless of which investment option you pick, you’ll also need to pay the relevant application fees.
The Saint Kitts & Nevis Sustainable Growth Fund was introduced in April 2018. The investment contributions to obtain Saint Kitts & Nevis Citizenship by Investment starts at US$150,000 for a single applicant and US$195,000 for a family of four. There is also the option to obtain Saint Kitts & Nevis Citizenship by Investment by purchasing government designated real estate starting at US$200,000. Citizenship By Investment A second passport issued by a citizenship by investment program can be a way of securing visa-free travel for a lifetime. What is most interesting about St. Kitts and Nevis however, is that it allows interested investors from around the globe to obtain citizenship of the commonwealth island through its revered citizenship by investment program. Currently, there are also St Kitts real estate for sale by owner on the secondary market within the passport program.
Even if citizens reside on the islands, they will not be subject to personal income tax, estate duty, inheritance or succession taxes, gift taxes or net worth tax. Although the path to citizenship and a second passport from the UAE can be an incredibly long and tiring process, Global-Migrate’s fully qualified and experienced team is here to make it simple for you. With over 15 years of experience in the immigration and citizenship industry, we strive to deliver the best service. The third option is again a donation, available only for a promotional period until the end of March 2018. The required minimum sum of the donation is USD 150,000, and it goes to the Hurricane Relief Fund to alleviate any damages occurring during the current hurricane season. For example, to visit South Africa, you can only visit using Antigua passport.