St. Kitts and Nevis is a combination of dual islands, one of the beautiful Caribbean destinations, offering pristine tropical landscapes and beaches. It has a diverse culture, with British, African, French, and Carib influences. Moreover, what would be best if you could own your second home in the Caribbean region? Besides, the dual-island destination also has good air links to North America and Europe.
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 (5) of the Citizenship Act, 1984, which also goes under Saint Christopher and Nevis Regulations, 2011.
Such provisions allow the government of this nation to operate and administer a programme under which citizenships are granted to people who qualify under such criteria brought forward by the cabinet decision. The entire family, along with parents, can be eligible and join the program. One can also acquire St. Kitts and Nevis passport within three to six months or via an accelerated procedure that usually takes around a couple of months. The process is carried out confidentially and remotely
Irrecoverable citizenship is granted to those who apply for citizenship by investment programme.
If you have opted to apply for the procedure, know that you are not required to stay within the country during or post-application period.
He or she can travel to 154 countries visa-free, including European nations like the EU, UK, and Brazil, etc.
One should know that an applicant is not required to go for an interview or require the English language.
The entire method is quick and easy, which allows you to have your St. Kitts and Nevis passport within 3 to 4 months.
The taxation of this nation is beneficial to residents and citizens, i.e., the income that you earn outside this nation will not be taxed.
You can rent out the property during your ownership and produce an income between 3 to 5 percent per annum.
St. Kitts and Nevis is a member of the Commonwealth, which allows their citizens specific privileges in Commonwealth countries and the UK.
Investor
Without a criminal record
Over 18 years of age
With legal income
Not under any sanction
Has to pass the diligence check
No visa refusal
Sibling of the spouse or investor
Up to 30 years of age.
Parents of the spouse or investor
Financially dependant.
From 55 years of age.
Children Under 30
Should be financially dependant on the investor.
To qualify for this programme, firstly, you will have to make a non-refundable contribution of about USD 150,000 against the SGF or Sustainable Growth Fund for one applicant or a family that has up to four members.
The investment in the real estate sector should be a minimum of USD 200,000 or USD 400,000 from approved real estate developments.
Only a law firm can apply for St. Kitts and Nevis investment programme.
The compliance anti-money laundering official will review your documents and warn the government of potential risks.
While entering into an agreement, you may require to enter the cooperation agreements with the nation’s licensed agent to acquire citizenship.
The licenced agent company will collect the citizenship documents and translate, complete and apostille the government forms.
Verification will occur remotely, and the investor does not have to be present.
In the last step, you can receive the citizenship documents through the licensed agent or by courier.