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St Kitts And Nevis Citizenship Investment Program

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St Kitts And Nevis Citizenship Investment Program


St Kitts & Nevis Real Estate

Travel And Benefits

This can occur when an applicant either owns a Panama Corporation or a Panama company which does business in Panama or when an individual is hired to work for a Panama company. Investment in real estate is also an option for citizenship, with applicants to the Citizenship by Investment Programme wishing to capitalise on the increasing number of visitors to the island. Some of the most sought-after CBI Programmes are in the Caribbean, where the idea originated. Citizenship from St Kitts and Nevis’ CBI Programme can be achieved without the hassle of required residency or travel. The entire process can generally be done online within a matter of some months. According to experts at the Financial Times’ PWM magazine, this program currently ranks the best in the world.

  • You will be required to hold real estate investment for five years.
  • Under a limited time offer, a family of up to four must only contribute USD150,000, accounting for a USD45,000 reduction.
  • The contribution for a family of up to four will be US $195,000 following incremental steps.
  • Established in 1984, the St Kitts and Nevis CBI Programmegrants second citizenship to successful applicants who can make the required investment and pass the strict due diligence process.

Residential properties will become available for purchase under the programme. In February 2020, foreigners can only invest in approved hotel and resort complexes. The government of St Kitts and Nevis has not yet specified when the new investment option will be available or how much to invest. We are promoters of the economic citizenship program offered by the St. Kitts & Nevis federation. As a promoter, we are qualified, licensed agents staffed with experienced lawyers who prepare and supervise your application for St Kitts economic citizenship. The program is often informally recognized as the St Kitts Citizenship by Investment or Saint Kitts Citizenship Program.

As Of January 2020, The Following Projects Carry Approval Under The St Kitts And Nevis Passport Program:

Accelerated application process within 60 days is available for additional fee. St Kitts and Nevis is one of the difficult countries in the world to get citizenship. Immigrant Invest is a licensed agent of St Kitts and Nevis citizenship programme by investment. turkish citizenship by investment If you want to obtain a Caribbean passport, seek advice from experts in investment programmes. The schedule of payments to developers will appear on 1 March 2021. The programme department keeps the investment in the property in a special escrow account.

By law, the minimum real estate investment is US$200,000 or US$400,000 for every main applicant. More than being a Caribbean island, St. Kitts and Nevis have attracted many investors because of the economic and infrastructural development that has been taking place in the twin island. Nevis passports and St. Kitts passports have thus been in high demand, as investors and families try to make either St. Kitts or Nevis their home.

See All Citizenship By Investment Programs 2021

Purchase of real estate in the amount of not less than $200000, investing in objects approved by the government. Real estate should be owned for 5 years, investors must pay additional fees and taxes. Turkish citizenship 250.000 USD Dual citizenship may prove advantageous for tax optimization purposes. For example, some countries only tax income earned from that country and do not subject capital gains to taxes either.

On this basis, St Kitts and Nevis citizenship by investment allows you to stay in the UK unrestrictedly for up to 180 consecutive days, and your children have admission privileges to British educational institutions. According to the signed visa waiver agreements, citizens of this island country can stay on the territory of the European Union for 90 days without any problem. Remember that including dependents on your application will increase your investment (if you make a non-refundable donation to the Sustainable Growth Fund) and your additional payments to the state. For example, it will cost you $4,000 for a due diligence check for each additional adult. As a bonus, investment in real estate is cheaper for big families than non-refundable contribution to a national fund.

Grenada Citizenship Program

The real estate option of the St. Kitts and Nevis Citizenship-by-investment program involves an applicant making a real estate investment on the island which is valued at no less than US$400,000. The Government of St. Kitts has already put aside real estate solely for this purpose. Additionally applicants over 18 must pay registration fees of US$50,000, while dependents under 18 pay fees of US$25,000. Processing fees are also paid but this depends on the application details. The rules of obtaining citizenship through the real estate option clearly states that any property purchased must remain in the hands of the purchaser for a minimum of five years before it can be resold or transferred.

st kitts citizenship

Additionally, you do not need to travel to St Kitts and Nevis during the Citizenship by Investment process since interviews, language, or residency requirements are not necessary. To qualify for St. Kitts citizenship through the real estate option you must purchase a property or share in a world-renowned brand 5-star resort on the island in the amount of US $200,000. The contribution option offers investors a direct, simple, and cost-effective route to St. Kitts and Nevis citizenship.

The Investment

If approved, the applicant must transfer the remaining amount to the developer’s account. The government of the country freely issues residence permits to residents of other countries and their families in exchange for investments in the economy of Saint Kitts and Nevis. Family members are spouses, minor children , elderly parents over the age of 65, adult children under 25, provided that they are unmarried and do not have employment . The island nation is known for its low tax rates, stable economy and politics. Obtaining a residence permit and citizenship in the state of Saint Kitts and Nevis by investment is the oldest, simplest and most pleasant passport program in the world. The quickest and easiest way to obtain citizenship of Saint Kitts and Nevis by investment is a special state program.

st kitts citizenship

Since January 2011, employees with an annual income from XCD 1,000 to XCD 6,500 pay 3.5%, from XCD 6,500 to XCD 8,000 – 10% and over XCD 8,000 – 12%. Confirmation of residence at the address indicated in the application . Notary-certified copies of all pages of internal and foreign passports or birth certificates . The test must be carried out no earlier than three months before the submission of documents. Citizenship is issued for life, and the passport is changed every ten years. The state guarantees confidentiality to the recipients of the second citizenship and does not disclose the real place of residence of the resident.

The applicant may also choose to invest in a non-refundable contribution to the newly established Sustainable Growth Fund which is replacing the Sugar Industry Diversification Foundation option and the Hurricane Relief Fund . The real estate investment route is the only option which enables investors to recover funds used to acquire citizenship. Investors have the option to rent their property through an experienced management company, earn monthly rental income, and sell the property once the five year mandatory holding period has expired.

st kitts citizenship

How to get residency or citizenship in St Kitts and Nevis – that will be the topic of today’s article. There is a choice of three designs, which range from 1,100 to 1,900 sq ft. . «The Fig Tree» is a one-bedroom apartment, «The Mansion» is a two-bedroom apartment and «The Lodge» consists of two adjacent studio apartments. The Village Suites consist of 52 single-title condominium apartments, most of which occupy the upper floors of the charming village buildings, which have been positioned to benefit from a range of sea, golf and mountain views. The Suites have been designed with a lockout system to maximize income potential for owners.

Prequalify Your Application For Second Citizenship By Completing The Assessment Form

Still, if you’re interested in it, we’ve included a link toAntigua and Barbuda’s list of approved business projects. The donation amount is just $150,000, and it increases by an additional $15,000 for each additional family member past the sixth one. But now, any family with at least six members can make a donation into a fund dedicated to the expansion of the University of the West Indies. The donation to the National Development Fund is the cheapest passport option in Antigua and Barbuda.

Other countries require either a passport valid on arrival or passport valid throughout the period of intended stay. Several countries including Argentina, Cambodia, Japan, Malaysia, Saudi Arabia, South Korea and the United States demand all passengers to be fingerprinted on arrival. Pitcairn IslandsVisa not required14 days visa free and landing fee 35 USD or tax of 5 USD if not going ashore. Electronic Travel Authorization to obtain a visa on arrival for business purposes. Also, delays may occur during periods of high demand for citizenship, for example, in times when special offers are valid. During the due diligence procedure, there may be delays in receiving notifications from the Government of St. Kitts and Nevis.

st kitts citizenship

Families now can take advantage of the St. Kitts and Nevis special discount of $45,000 available until the end of 2020, and take care of second passports for the whole family for $150,000 plus fees. Its Sustainable Growth Fund ($150,000 + fees donation option) is a great option, especially for families. One of the most popular benefits of Total Access is our private investment service. Inside, we present opportunities to invest in early-stage businesses that have explosive potential.

The processing time of your registration in this citizenship by investment program varies from 2-4 months, at the end of the process you will receive the citizenship and passport of St Kitts and Nevis. The process for obtaining citizenship through the St Kitts and Nevis Citizenship by Investment Program takes three to four months. There is also an Accelerated Application Process available with a Turkish work permit 45 to 60 day processing time frame. St. Kitts & Nevis second citizenship by investment program is the first and most reliable fast track second passport program launched in the year 1984. Passport of St. Kitts & Nevis ranked 32nd strongest passport in the world which allows you visa-free or visa on arrival travel access to more than 150 countries including the EU, Schengen, UK, and Singapore.

The country offers an extremely favourable environment for new citizens who are not tax residents to run an international business. After all, St. Kitts and Nevis is known around the world as a convenient tax haven. Siblings under the age of 30 who are unmarried and financially dependent on the main applicant.

st kitts citizenship

In the Caribbean, the country of Antigua and Barbuda offers the cheapest second passport option for families. 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. Keep in mind, however, that additionally you’ll have to pay a commission to an agent that will lodge your citizenship application to the government.

Verification of translations While preparing the documents of an application for a second citizenship, investors often have recourse to third-party translators who can make mistakes. For this reason, documents often need to be re-translated and apostilled. The signature on government forms must be notarized or certified by an attorney-at-law .

Park Hyatt St. Kitts is a relaxing and rejuvenating retreat, ideal for enjoying a Caribbean vacation, with the calmness of the Caribbean Sea and soft golden sand. Thereafter, the approval process will be initiated, and you will receive confirmation within a few months . St. Kitts & Nevis are selective about who they award citizenship to, so in order to qualify you must be of outstanding character, have no criminal record, be in good health, and have a sizeable net worth.

st kitts citizenship

Implemented in 1984, the St Kitts and Nevis Citizenship by Investment Program grants investors and their families St Kitts and Nevis citizenship in exchange for a qualifying investment of at least $150,000. Looking for one of the best Citizenship By Investment Programs available on the market in 2020? Established in 1984, The St Kitts turkish citizenship and Nevis Citizenship Program was the first program of its kind in the world. Today, 38 year later, it is one of the most popular and reliable investment passports of its kind. By mid 2018 over 16,500 had become St Kitts citizens via the program, with over 4,000 of those applications having been processed in the 3 years since 2015.

st kitts citizenship

Individuals wishing to move to Cyprus can apply for a Permanent Residence Permit which is useful as a means to ease travel to EU countries and organise business activities in Europe. While not a member of the Schengen Zone, there is limited travel permitted in which a visa is not required for entrance into Schengen countries. When it comes to travel, the St Kitts and Nevis passport is one of the best (especially for CBI – Citizenship by Investment) with access to over 150 countries. There are additional fees that are required at the time of applying, and the actual submission can be made by a registered firm in St Kitts.

st kitts citizenship

The passport allows the holder to reside in other Caribbean Community countries if they wish to do so. … the islands have a developed tourism sector and excellent opportunities for internationally registered companies. Holding a second citizenship, once seen as a luxury, has become a necessity for those wanting to look outside the boundaries of their home country. This is particularly true for wealthy Indians with a more global outlook, who know first-hand how citizenship can act as an obstacle to living the life you desire. Our Law Firm in St Kitts frequently represent clients in St Kitts Nevis Real Estate transactions.

st kitts citizenship

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