The St. Kitts and Nevis Citizenship by Investment Program requires applicants to make a significant economic contribution to the country. In exchange, and subject to a stringent application procedure including thorough background checks, the applicants and their families are granted full citizenship.
The Government of St. Kitts and Nevis has a long running “Citizenship-by-investment” program attracting foreigners, who make a substantial contribution to the development of the country. Investors along with any family members, can directly qualify for citizenship through investment, either by making a donation or investment in real estate purchase.
Kitts & Nevis, applicants must fulfill one of the investment requirements and:
Be of outstanding character;
Have excellent health;
Have a high personal net worth;
Hold no criminal record.
St Kitts passport is an excellent second passport for visa free travel to over 100+ countries in Europe, Caribbean. It usually takes 6 months to receive the passport after the investment is made.
Citizenship Benefits
– Visa free travel to all EU schengen countries including Switzerland, UK and Ireland
– No residency or personal visit to St Kitts needed
– Tax free – no income, inheritance or wealth tax.
– Lifetime citizenship
– Easy second passport and citizenship for your family members.
– Privacy in small peaceful country.
– Dual citizenship benefits.
– Choice of Real estate investment.
– Processing time only 3 months
– Free movement in the CARICOM
St. Kitts and Nevis are an English-speaking nation with a federal constitutional monarchy, headed by the Queen of the United Kingdom. With one of the best taxation systems of the world, there is no personal income, net income or foreign income taxes. There are also no inheritance taxes or taxes on gifts, and property taxes in the country are minimal. The corporate tax rate is 35% with tax reduction available for up to 15 years. VAT stands at 17% with the tourism sector enjoying a reduced rate of 10%. St. Kitts and Nevis have Visa-free travel arrangements with 157 countries worldwide. In the shortest Citizenship by Investment program in the Caribbean, IRC can help make your St. Kitts and Nevis dream a reality, in 2 months or less.
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.
Arton handpicks prestigious projects to meet our clients’ expectations. Please contact us for available options.
ARE THERE ANY RESIDENCY REQUIREMENTS TO APPLY FOR A SAINT KITTS AND NEVIS PASSPORT?
There are no requirements to visit Saint Kitts and Nevis during the application process, as well as no residency requirements to hold a passport of Saint Kitts and Nevis.
HOW LONG IS MY SAINT KITTS AND NEVIS PASSPORT VALID?
HOW LONG DOES IT TAKE TO CLOSE A REAL ESTATE PROPERTY DEAL IN SAINT KITTS AND NEVIS?
WILL MY UNBORN CHILD BE ELIGIBLE FOR SAINT KITTS AND NEVIS CITIZENSHIP?
CAN TWO OR MORE APPLICANTS APPLY FOR SAINT KITTS AND NEVIS CITIZENSHIP TOGETHER?
source