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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
There are no specific requirements to visit the beautiful Caribbean nation, Saint Kitts and Nevis, during your application process, and no need for a residency requirement to hold its passport.
Post-approval, your Saint Kitts and Nevis passport issued will be valid for a total of ten years, and one can renew it indefinitely. However, for children under 16, passports will be only valid for five years.
Finalising and closing an investment property here will occur once you have been granted approval and your passport has been issued. This takes 3-4 months.
Yes, if both father and are citizens of this nation, the unborn child will by default inherit and gain the citizenship of St. Kitts and Nevis.
Yes, they can apply for citizenship together by investing in a pre-approved real estate project.
Yes, this would be very much possible, but only if you op to buy real estate. The project can be sold in five to seven years.
From visiting more than 155 countries visa-free to registering a business and educating your kids in St. Kitts and Nevis, you can enjoy several benefits.
You can purchase a cottage or an apartment that the state government approves. However, you can sell it in five to seven years.
The least amount of cost lies in the non-refundable option. However, you may have to pay around $150,000 to the SDF or Sustainable Development Fund.
Yes, one of the agreements has been sanctioned between Russia and St. Kitts and Nevis – a double taxation avoidance agreement. Changing the tax residence allows you to minimise your stake and protect your assets.
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