St Kitts And Nevis Has The Most Powerful Passport In The Eastern Caribbean
University Gardens Condominiums St Kitts
For example, a passport may offer 10 additional countries, but also cost tens of thousands of dollars more. Therefore, we encourage you to think it through carefully and consider whether these additional visa-free countries are worth the cost. Approved real estate options include hotel shares, villas, and condominium units.
The national program of Citizenship by Investment is more than 30 years old and is the main pillar supporting today’s steady situation in this jurisdiction. In both cases, investors are required to pay additional applicable taxes and fees. No requirement to travel to St. Kitts & Nevis during the application process. “People holding a St. Kitts and Nevis passport can travel to 133 countries without the need for a visa; you can travel to Europe and a multiplicity of countries in the Caribbean,” said Harris in a recent interview. Anybody with $250,000 could buy a St. Kitts and Nevis passport without so much as visiting the island nation. The country even started selling diplomatic credentials, most notably for Iranian businessman Alizera Moghadam, who entered Canada with a diplomatic passport he claims to have purchased for $1 million.
St Kitts & Nevis
Dependent children under 25 years and dependent parents and grandparents over 55 years can apply for passports. The investment amount for the family is slightly larger than for individuals and you have to pay additional passport processing fees for each additional member. In some articles, claiming to be objective, Antigua and Barbuda, Dominica or Saint Lucia are held up as examples of Caribbean countries, where passport application will be cheaper.
In the Caribbean, citizenship can be obtained in just 1.5-2 months if you pay extra for the accelerated procedure. Passport programs in the Caribbean are very different from similar proposals by other countries. Saint Kitts and Nevis, officially known as the Federation of Saint Christopher and Nevis, is an island country in the West Indies. Located in the Leeward Islands chain of the Lesser Antilles, it is the smallest sovereign state in the Western Hemisphere, in both area and population. The country is a Commonwealth realm, with Elizabeth II as Queen and head of state. Since independence in 1983, the Federation of Saint Kitts and Nevis has been an independent member of the Commonwealth, with the British monarch as its head of state.
Citizenship Of Saint Kitts And Nevis
In addition to all of the benefits that are offered, they are both beautiful islands that are covered in interesting architecture and beaches, as well as rich in their own history. Once you have provided the proper documentation and invested the designated amount, you are granted citizenship without needing to meet law firm language requirements. Therefore, as you see the St Kitts program mentioned throughout this article, remember that it is referring to both islands. There is no requirement to visit or reside in St.Kitts for citizenship. Park Hyatt St. Kitts is a luxury 5-star resort, located on a beautiful Caribbean island.
The signing of agreements on visa-free travel or a simplified procedure for visas for entering application is a reciprocal process, so there is always a risk that one of the parties will suspend it. In any case, now the islanders and their fellow citizens-investors have much more opportunities to travel and work abroad than other nationals. Until recently, very few people were interested in faraway Caribbean countries.
Yes, they can apply for citizenship together by investing in a pre-approved real estate project. The investment in the real estate sector should be a minimum of USD 200,000 or USD 400,000 from approved real estate developments. The programme of investment programme of St. Kitts and Nevis was established in 1984, which requires applicants to make specific economic contributions to this nation. However, in exchange, the contributors/investors and their families will be granted full citizenships with multiple benefits. Furthermore, the legal basis concerning the citizenship-by-investment programme here is contained in Parts like II, § 3 of the Citizenship Act, 1984, which also goes under Saint Christopher and Nevis Regulations, 2011.
These fees are payable for both the SIDF and the real estate option. The St.Kitts & Nevis Citizenship by Investment Program is the longest established Caribbean Citizenship by Investment Program and has been in operation since 1984. St.Kitts & Nevis is known for being the platinum turkish citizenship brand and the most innovative Citizenship by Investment Program. St.Kitts & Nevis Citizenship offers the most visa free countries with citizens having access to visa free travel to over 150 countries. St.Kitts & Nevis is a tax neutral country and is a great place to live.
Legal fees for sale of property — Additional purchase cost taxes for real estate property, which are based on the purchased price. In order to obtain citizenship through the purchase of real estate, applicants are required to buy Government-approved real estate, which may resident permit turkey be located either on the island of St Kitts or on Nevis. The Sustainable Growth Fund is the newest and most direct investment path to second citizenship by investment in St Kitts and Nevis. The revenue from the fund is used to support sustainable growth initiatives.
Dependents are considered to be spouse and children below eighteen. Children who are above eighteen but have not reached the age of 25 maybe included in St Kitts citizenship application providing that these children are single and still dependent on parents. The St Kitts and Nevis passport is a very good and a very strong passport from the Caribbean St Kitts passport has visa free travel to 151 countries in the world. The St Kitts passport ranks 26th powerful passport in the world in 2018 according to HPI. These traveling benefits will save you time, stress, and money as you can go about your business without worrying about travel restrictions.
Dependents Of The Principal Applicant For St Kitts And Nevis Passport
As expert immigration consultants we work with trusted partners who can advise you on approved real estate. What is often overlooked when deciding on a citizenship by investment programme is the fit or combination of a second passport with your existing passport. Your own passport has a certain degree of visa-free access already. Anything you add with a second passport should complement those destinations. It’s of no real benefit “doubling up” with the same visa-free destinations. The La Vida Passport Investment Report will analyse for you your personal combination and what fits best.
St Kitts and Nevis passport allows you to travel to 120 countries visa-free, including the Schengen Countries , and also to the UK and Canada – as well as many others. A St. Kitts & Nevis passport is very useful for opening an offshore bank account and establishing offshore businesses. Unlike the United States, St. Kitts & Nevis doesn’t tax on the basis of citizenship. The program was streamlined in 2012 – with the government now promising a decision within three months of filing an application. Certain projects will even give you cash back on your real estate contribution – for instance, you come up with the $400,000 and they then return $200,000 to you as you can strip equity on the property.