St Kitts Citizenship By Investment
Why Choose St Kitts And Nevis
You will get your passport either from your immigration lawyer or by post. Please bear in mind that it takes around 4 months to process your application. It would not normally exceed 6 months from investment until you become St. Kitts and Nevis citizen. Over the past decade, many international investors have done the Saint Kitts & Nevis Citizenship by Investment programme. Many people who have done Saint Kitts & Nevis citizenship by investment program are now having children and wish to pass on their citizenship through descent. This option for obtaining a passport for Saint Kitts and Nevis involves the purchase of real estate in the amount of 400 thousand US dollars, subject to the ownership of the acquired objects for a period of at least 5 years.
The Federation is a member of the United Nations , the British Commonwealth, of the Organization of American States , CARICOM and various other international organizations. The headquarters of the Eastern Caribbean Central Bank is located St. Kitts and maintains the stability of the Eastern Caribbean Dollar , the national currency of most Eastern Caribbean countries, which is tied to the USA dollar. The head of state is the Queen of England, as St. Kitts and Nevis is a well-functioning democracy based on the British parliamentary system and H.E Minister Timothy Harris is the current Prime Minister. When thinking about the Saint Kitts and Nevis citizenship cost, there are a number of separate fees to consider. Certified copy of current passport showing name, photo citizenship/nationality, date and place of issue, expiry date, passport number, and issuing country. Applicants are charged US$250 for each set of application forms issued.
Government Fee For Purchasing A Real Estate:
The capital acquired through these programs allowed the host countries to invest in their economies, culture and people. New business opportunities open up to participants in citizenship by investment programs as they can now do business in the host country as well as travel abroad more freely. Many passports are quite restrictive in their visa-free mobility, forcing citizens to obtain visas whenever they need to travel abroad.
For individuals with substantial assets, however, citizenship-by-investment programs offer an easy shortcut to obtain a second passport. Ultimately, a second passport is all about options – the more options you have for you and your family, the more freedom you will experience. With a second citizenship and passport, you are no longer beholden to one nation. These European Union programs offer a higher-quality second passport, but you’ll have to pay more for it. But others are good for visa-free travel to over 150 countries and include nearly all of the developed nations, ranking these among the highest quality passports in the world.
St Kitts And Nevis Citizenship By Investment Cost: Accelerated Application Processing #4
Selling citizenship is the latest trend in business in many money-hungry countries around the world. Such countries often have an excellent reputation in the world, so new citizens enjoy advantages and access to countries they usually could not easily get visas for. In the case of St. Kitts, a citizen can enter more than 160 countries without a visa. The property tax in St Kitts and Nevis is very low, ranging from 0.2% to 0.3%. For majority of St Kitts realty, the tax is $800 to $2,000 per year. The tax is assessed on the market value of real estate property and ranges, depending on its use and location.
This option is available for all Jewish individuals or those with Jewish ancestry. Whatever your reasons might be, there are many options out there for obtaining a second passport. It is important to understand that the easiest is not always the best. Before settling on where you would like to acquire a second passport, you need to fully consider what it is you require from your citizenship and turkish citizenship whether the country in question fulfills these requirements. Having a second passport can lead to significantly higher levels of personal and financial freedom, can provide you with increased security and a plan b if anything goes wrong. The Federation of St. Kitts and Nevis was the first country in the world to offer Economic Citizenship with a law passed in 1984 called the “Citizenship Act”.
Application Timeline For The St Kitts & Nevis Citizenship By Investment Program
Select from the wide ranges of properties including excellent houses, villas, resorts, cottages and more. St Kitts, the stunning hillside of 400 acres brings you a land of wonder and beauty to reside and enjoy your life. Hence, at present getting St. Kitts and Nevis citizenship is just a matter of investment. Your investment is made so easy and profitable with kittitianhill.com. This tropical island can be rightly called a synonym for all that is exotic and luxurious. With great accommodations and crowd free beaches, this is the ideal romantic destination for lovers.
Applicants must be of good character and have no criminal record and provide a clean police report along with other supporting documents. Visa requirements for Saint Kitts and Nevis citizens are administrative entry restrictions by the authorities of other states placed on citizens of Saint Kitts and Nevis. It is becoming increasingly difficult to gain citizenship and passport of foreign countries through ‘legal’ means. This is understandable as governments are striving to ensure that only wealthy or high net worth investors capable of making tangible contributions to the economic growth of their countries are allowed access to such programs. The annual property tax in Saint Kitts and Nevis is 0.2% of the market value. When buying land by foreigners, there is a fee of 10% of the value of the acquired land.
St Kitts And Nevis Document Requirements
You may need to gather a lot of paperwork, but you don’t have to be flying all around the world. In most cases, you can get that much-needed second passport all from the comfort of your home. If you’re going to live in the country, taxes become an issue as not all these countries are tax-free. Vanuatu’s program is also faster and applies less due diligence on applicants with past lawsuits. With the exception of St. Lucia, all the Caribbean passports now grant visa-free access to Russia.
And while they get the break on their salaries, they will have to keep paying taxes to the IRS on the first dollar of investment income, no matter their salary level. On top of that, foreign residency also means you’re on the path to naturalization. And if you’re eligible for citizenship by descent, then your children can also get a second passport. But if you have options — if you have somewhere else to go, somewhere more free, where they leave you alone — then you’re in much better shape than someone who’s being treated like a house cat and can’t leave.
Dual Citizenship St Kitts And Nevis
The Government of the country is rightfully proud of the citizenship-by-investment program that St Kitts and Nevis runs. We offer a service tailored to your specific needs and requirements. Our team of experts will work diligently from start to finish, ensuring a successful application. 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.
The country is landlocked in a conflict-prone region and lacks the lifestyle appeal of other countries offering similar programs. However, the passport is subpar, and although it gives you access to 112 countries visa-free, these exclude the Schengen area, the US, Canada, the UK, Japan and China. On the flip side, political turmoil made the Turkish Lira drop significantly in value against the dollar over the past few years, meaning that the $250,000 you’re required to invest will go a lot further now. As of now, Montenegro offers a decent passport a steep price (cheaper than Malta’s, but more expensive than those in the Caribbean, which offer similar – or better – passports).
These include Ireland, whose program was terminated in 2001, Belize , Grenada , Cape Verde, Seychelles, Slovakia, and several others. North Macedonia North Macedonia offers foreign nationals the opportunity to acquire citizenship of this upper-middle income country in Southeastern Europe, for an investment of EUR 200,000. Every citizenship application must be made on the prescribed form which must be submitted together with various documents relating to the applicant’s identity, civil status, criminal record, financial resources, and health. All documents must be in English or translated into English, and all photocopies of any document submitted must be notarised and properly certified. The appropriate registration and background check fees must be paid to Government at the time of making the application.
As you can imagine, the spectacular housing on offer in St. Kitts and Nevis including villas close to the beach is an attractive proposition. The St. Kitts and Nevis CBI programme also introduced new escrow regulations in March 2021 to further ensure real estate developments supported by economic citizens are delivered on time and to budget. As such, regulations place all CBI real estate investments in escrow and release them progressively only as developers reach pre-agreed stages of construction. Escrow funds must be held in a St. Kitts and Nevis bank – unlike other programmes.
The United States and the European Union will continue to admit St. Kitts and Nevis citizens without visa. The United States actually has a special agreement with St. Kitts for a scheme to easily get a US work permit and Green Card- all for sale. CS Global Partners even has a special rate for St. Kitts and Nevis passports today and warned this is for a limited time only. St. Kitts and Nevis is ready to sell its passport to the highest bitter- the more, the better – and it’s all legal and official.
This is called 60 days accelerated process and it will give you the passport in as early as 45 days! These speedy fees will cost $ for the main applicant, $ for the spouse and each child above the age of 16 and additional $500 for each child under the age of 16. As per the citizenship program of this state, residency and St Kitts passport are issued to the applicant in just 5 months.
Most citizenship by investment countries offer two or more options to purchase a passport. In addition to quickly gaining a passport for as low as $145,000 the Caribbean countries offer the most affordable citizenship by investment programs. St. Lucia The St. Lucia Citizenship by Investment Program offers a real estate development option and visa-free access to 146 destinations. Jordan Jordan’s citizenship program grants investors access to a business-friendly location and citizenship of this diverse and peaceful Arab country for an investment of USD 750,000. StKittsNevisCitizenshipByInvestment.com is sponsored by Brian Kassab & Associates Real Estate Services, the oldest, largest and most experienced real estate agency in St. Kitts and Nevis.
Of these, about 30 residence and/or citizenship by investment programs are running successfully, many of which were designed and set up by Henley & Partners. When you acquire citizenship under the St. Kitts & Nevis citizenship program, you and your family enjoy full citizenship. As citizens of St. Kitts & Nevis, you and your family are issued with passports which allow visa-free travel to more than 60 countries worldwide.
The signing of the agreement is significant demonstrating the Federations commitment to bilateral relations between both countries. There were a record number of new Saint Kitts & Nevis citizens under the Saint Kitts & Nevis Citizenship by Investment program for 2018, according to the CEO of the Citizenship by Investment Unit, Les Khan. JH MARLIN’s clients range from individuals to international corporations. We apply an integrated and innovative approach to assisting clients across different practices and industries. In addition, none of these newly accepted St. Nevis Citizens have to actually ever visit the country they carry a passport from.
St. Lucia also offers a good passport with visa-free access to 144 countries. However, unlike the Dominican passport, Russia is not on this list. Israel offers one of the fastest and easiest paths to obtaining dual citizenship under their “Law of Return”.
In order to get the passport, you need to make an investment worth at least $150,000. From advantages to procedures and requirements, this article tells you everything you need to know about landing St Kitts and Nevis citizenship. Is it worth buying real property in Saint Kitts to obtain citizenship?