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Saint Kitts and Nevis is a dual-island nation situated between the Atlantic Ocean and the Caribbean Sea. The citizenship by investment program is one of the oldest existing programs, having been established in 1984. It’s known for its cloud-shrouded mountains and pristine, white beaches. It also had many sugar plantations before, but those are now popular spots for tourism.
The larger of the two islands, Saint Kitts, is dominated by the dormant Mount Liamuiga Volcano, home to a crater lake, green vervet monkeys, and rainforests. Popular activities to be enjoyed here are hiking on these rainforest trails and wildlife safaris.
The St Kitts and Nevis Citizenship by Investment Program is the oldest of its kind in the world. Established in 1984 it grants citizenship and a passport through donation or real estate investment to qualified applicants.
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BENEFITS
Visa-free travel to more than 100 countries.
Fast processing within 4-6 months.
Includes dependent children under the age of 30.
No physical residency requirements.
Accelerated application process within 60 days.
No requirement to travel to the country during the application process.
No interview, education, or management experience required.
No tax on outside income or capital gains.
Investment Options
1. Sustainable Growth Fund
In April 2018, Saint Kitts & Nevis launched a new permanent investment fund to replace the temporary Hurricane Relief Fund set up to address the devastation caused by the 2017 hurricanes in the Caribbean. The new Sustainable Growth Fund is open for donations with the following thresholds:
· US$150,000: Single applicant.
· US$25,000: Spouse.
· US$10,000: Per additional dependent.
In addition, due diligence fees are as follows:
· US$7,500: Due diligence of main applicant.
· US$4,000: Due diligence for dependent over 16.
· US$4,000: Due diligence for financial sponsor.
2. Real Estate Investments
A. Five-year hold period
Applicants may purchase government-approved property valued at a minimum of US$400,000, or purchase shares valued at the same minimum amount in a real estate development.
The investment must be maintained for a minimum of five years.
B. Seven-year hold period
Applicants can make an investment of US$200,000 in a government-approved luxury resort.
The investment must be maintained for a minimum of seven years.
In both cases, investors are required to pay additional applicable taxes and fees.
3. Alternative Investment Option (AIO)
The Alternative Investment Option (AIO) is the third available option under the Saint Kitts & Nevis Citizenship by Investment Program. The AIO is designed to provide the Government with the means of achieving its capital investment goals through pre-qualified infrastructure projects.
An investment of US$175,000 qualifies a single applicant and up to 3 members of the same family for a Saint Kitts & Nevis citizenship. Each additional dependent will require an investment of US$10,000, and US$20,000 for each sibling of the main applicant.
Additional application, processing, and due diligence fees apply as per the real estate option.
QUALIFYING REQUIREMENTS
Hold no criminal records.
Able to prove high personal net worth.
Pass a detailed background check.
Have excellent health.
(+91) 08 291 917 182
(+91) 07 940 390 434
info@myglobalcitizenship.com
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Disclaimer –
The Immigration by Investment programs are offered by My Global Citizenship™. The above timeline is an estimate provided for information purpose only based on experiences with past clients. Processing time and costs will vary depending on a number of factors. My Global Citizenship™ is not responsible for any changes to the estimations above; we can provide specific time and cost estimates on an individual basis.
Please talk to our Consultants for the most up-to-date information.
Fees charged by My Global Citizenship™ is excluding the government and legal entity fees. For residency and citizenship separate fees have to be paid to government at each stage. These fees depend on the number of applicants and the complexity of the process.
For Advisory fees charged by My Global Citizenship™ and exact quote based on your family combination, please contact us.
My Global Citizenship™ is a top immigration consultancy firm in India. We provide immigration guidance in second citizenship programs .
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