Citizenship by Investment: Saint Kitts and Nevis
Saint Kitts and Nevis was the first Caribbean country to establish the investment scheme of citizenship. It was launched in 1984 to stimulate economic growth and expand the commercial and governmental sectors. In exchange, international investors can get permanent legal citizenship and a second passport in 4 to 6 months. It has a long history of awarding second citizenship to international investors.
St. Kitts and Nevis Overview
St. Kitts and Nevis are mountainous twins that represent opposite sides of the same coin. Both islands provide a serene and relaxing haven that visitors can take advantage of throughout the day and will cherish forever.
Citizenship and passport benefits for St. Kitt's and Nevis
The citizenship program in Saint Kitts and Nevis has the best requirements for becoming the oldest in the Caribbean. An applicant does not need to stay in or go to the country, nor is there any requirement that they take a language exam. Passport holders can cast votes, buy real estate, have dual nationality, as well as reside and work there.
Citizenship options for Saint Kitts and Nevis through investment
1. DONATION TO THE SUSTAINABLE GROWTH FUND (SGF Option)
● A candidate makes a non-refundable cash contribution to a government fund. The charge is determined by the number of applicants and their ages.
● The following are the donation amounts and government fees:
○ (150,000 USD) Single Candidate
○ (195,000 USD) A candidate with a maximum of three family members (i.e., spouse and two kids up to 30 years of age)
○ (10,000 USD) For every additional dependent over three dependents, regardless of age, there is an additional contribution due.
2. INVESTMENT IN REAL ESTATE
● Investment in real estate through one of the government-approved real estate projects, which could be a commercial property with a title deed, hotel shares, fractional ownership, or land. Once the citizenship application has been granted, the investment and government costs are paid. The passport is issued shortly after payments are paid.
● There are two options available, each requiring a different amount of investment; the main difference between them is how long the asset must be held.
○ (400,000 USD). Lowest Investment (Must hold for 5 years)
○ (200,000 USD) Lowest Investment (Must hold for 7 years)
● Government Fees:
In addition to buying real estate, one must also pay government fees.
○ (35,000 USD) The main applicant
○ (20,000 USD) The main applicant's wife
○ (10,000 USD) for every dependent, regardless of age.
3. DUE DILIGENCE AND BACKGROUND Examinations
● Background checks are mandatory and are paid for by the government, which designates a preferred due diligence agency. These agencies rely on a variety of foreign and domestic sources, including Interpol, World-Check, and other government agencies.
● These payments are due at the time the application is submitted.
○ Main Candidate (7500 USD)
○ Spouse (4000 USD)
○ Dependents over the age of 16 (4000 USD)
● Only professional expenses, official application forms, citizenship and passport certification, courier, and other disbursements are related to Citizenship Invest. For the individual scenario, a precise quotation is supplied with no hidden expenses.
How to Apply for Citizenship in St. Kitts and Nevis?
● The primary applicant for citizenship in Saint Kitts and Nevis must be at least 18 years old.
● Applicants must have no criminal history.
● A candidate must demonstrate the source of the investment funds.
● Children under the age of 30 who are financially dependent.
● Parents who are dependent and are over the age of 55.
● Dependent unmarried siblings under the age of 30.
● To obtain approval, due diligence checks must be completed.
How to Apply for and Get a Passport in Saint Kitts and Nevis
Only authorized and global marketing agents can promote Saint Kitts and Nevis programs. We are a global marketing agency listed under the Citizenship by Investment Unit to promote and provide full services for the Citizenship by Investment program in Saint Kitts and Nevis.
● Our expert staff will work with you to gather, translate, and sign the paperwork while ensuring that all documents meet the criteria of St. Kitts and Nevis government.
● The necessary paperwork and application costs will be delivered to St. Kitts and Nevis government together with the documents. Your application will be processed; due diligence will be carried out.
● Once we have received initial approval, the government of St. Kitts and Nevis will write a letter asking for the remaining sum. After that, you make your investment in the program of your choice.