A Caribbean nation of two, intertwined as a Federation and known by the conjoined name, St. Kitts and Nevis, which is said to memorialize Christopher Columbus. This Federated state retains its membership in the Commonwealth having been granted independence from British rule in 1983. St. Kitts and Nevis maintain a Parliamentary System of Democracy with the Prime Minister as the leader of the government while Her Royal Highness Queen Elizabeth II serves as head of state.
Its economy is largely driven by the tourism industry. The attractive features that draw travelers are beautiful beaches with mountains and jungle draped, dormant volcanoes.
The government seeks investment from overseas in what is seen as a positive Investment Program and which, in turn, will accrue much value to the citizens and polity of St. Kitts and Nevis.
A Few Facts about the Country
Why St. Kitts & Nevis – Benefits of Citizenship
- Citizenship for life, including an unlimited number of eligible dependents, passed down to generations and newborns (applicants do not require to visit or reside on the island)
- Passports are issued in approximately 4 – 6 Months of ling an application
- Tax free income, capital gains, gift, wealth and inheritance tax
- Visa Free Travel to over 125+ countries including: Austria, Belgium, United Kingdom, Denmark, Finland, France, Germany, Italy, Greece, Luxembourg, Netherlands, Portugal, Spain, Sweden, Switzerland and most British Commonwealth countries
- Full residency status and the right to work in St. Kitts
- Dual citizenship is permitted and open to all nationalities without the requirement of renouncing your current nationality/citizenship.
- Business haven with a generous tax regime and where the currency is pegged to the US dollar. Additionally, trading in the Caribbean is duty free
- Easy accessibility from London, New York, Miami, Charlotte, Antigua, San Juan and various parts of the world
Citizenship by Investment in St. Kitts and Nevis is offered in two ways
The National Development Fund (NDF) (Non-Refundable Contribution):
A Non-Refundable Contribution as Follows is required:
- US$ 150,000.00 for A Single Applicant
- US$ 195,000.00 for an Applicant with up to three qualifying dependents
- US$ 10,000 is payable for any Additional qualifying dependent
In addition to the Donation Amount, the following fees are applicable:
Due Diligence Fees:
- US$ 7,500 for the main applicant
- US$ 4,000 for a spouse
- US$ 4,000 for Each Dependent above the age of 16.
Passport and Citizenship Certificate Fee:
- US$ 550 + US$47 per person.
Legal and Professional Fee:
- Subjected to the number of dependents and varies from case to case. A detailed quotation will be provided upon request.
A Real Estate Investment:
- The property purchase must be of a minimum of US$ 400,000 from a government approved real estate development project.
- The property ownership must be maintained for a minimum period of 5 years
- Or a real estate offering that requires a US$400,000 investment may attract two applicants at US $200,000 each but this can only be resold after 7 years.
- Retain your citizenship even if you sell or transfer your investment after the 5 – 7 years holding period and recoup your costs. And the new buyer will also be afforded all the same benefits as well as citizenship. This is a great opportunity to recoup more than your costs as well as having received a return on your investment
In addition to the Donation Amount, the following fees are applicable:
Due Diligence Fees:
- US$ 7,500 for the main applicant
- US$ 4,000 for a spouse
- US$ 4,000 for Each Dependent above the age of 16.
Government Processing Fee:
- US$ 35,000 For the Main applicant
- US$ 20,000 For the Spouse of the main applicant
- US$ 10,000 For each Dependent, regardless of Age.
Passport and Citizenship Certificate Fees:
- US$ 550 + US$47 per person.
Legal and Professional Fee:
- An additional amount of 1% – 5% of the investment amount maybe applicable on a property purchase as registration fee.
- Subjected to the number of dependents and varies from case to case. A detailed quotation will be provided upon request.
Easy Steps to Obtain Your Citizenship and Passport:
Preparation
Submission
Issuance
Investments
Procurement
Preparation
Preparation of File:
Pre-screen your passport copy for Government pre-approval to ensure fast processing.
The Initial payment will be required to start the application.
Document collection and Review
Submission
Submission of File:
Submission of duly filled Application forms to St Kitts & Nevis.
Issuance
Issuance of Comfort Letter (Pre-Approval):
A due diligence report is issued to the Government. Based on the report the Government makes its decision on your Citizenship application.
Investments
Once accepted you are invited to pay the National Economic Fund contribution amount in to the relevant escrow account.
Procurement
Procurement of Passports:
A certificate of naturalization (citizenship certificate) and passport will be issued in your name and couriered to our office in Dubai or to an address as instructed by the investor.
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