St.Kitts and Nevis Citizenship by Investment Program
St.Kitts & Nevis CBI program was
started in the year 1984. It is one of the oldest and best
Caribbean Citizenship by investment programs. St.Kitts & Nevis is
2-island country which is adorned by beautiful landscapes. XIPHIAS Immigration
being an international immigration firm provides the best immigration options
for its clients to help them obtain second citizenship or residency through
different citizenship through investment or through investor
visa programs.
St.Kitts & Nevis is a rich growing
country with strong governance. It is famous for its beautiful beaches, islands
and mountain ranges. Tourism and farming are the backbone for the economy of
this country. The ocean water is so clean around that the ocean animals move
around freely close to the beach. The country has clean long clear skies. The
country introduced its program to ensure nonstop funding for their development
projects within the country. The St.Kitts
& Nevis Island Citizenship Program provides citizenship to the
investor and co-applicants. The future generations of the investor will be
provided citizenship through naturalization.
The country doesn’t accept direct
application. It requires that the applicant goes through a registered
immigration agent to submit application. Someone similar to XIPHIAS Immigration is a
must to complete the process. This country has defined 2 pathways for
investment for the investor to choose from. One is donation to the Sustainable
Growth Fund and the other being investment in pre-approved real estate of the
country.
If a single applicant is submitting his/her
application for citizenship, then he/she will have to contribute a minimum of
USD $150,000 as donation to the Sustainable Growth Fund. If the applicant is
applying along with spouse, then an additional USD $25,000 needs to be added.
For every additional applicant, a fee of USD $10,000 will be added. These funds
will be used by the Government of St.Kitts & Nevis for development work in
the country or support Government projects which could include both of
commercial and non-commercial interests. There will be an additional due
diligence fee of USD $7,500 for the main applicant while the added applicants
will have to pay USD $4000 for each person. The sponsor will have to pay USD
$4000.
If the applicant decides to go through the
Investment in Real Estate path, then the investor will be investing a minimum
of USD $400,000 which should be maintained for 5 years and more. If the investor
wants, he/she can invest in the shares of the real estate development and the
value of such investment will still be USD $400,000. The other option that the
investor has is investment of a minimum of USD $200,000 in any of the
Government approved luxury Resorts which should be maintained by the investor
for a minimum of 7years period.
The whole process takes less than 6 months
to complete. At the end of the processing, the applicant will be issued
certificate of Citizenship. St.Kitts & Nevis allows dual citizenship. It
follows accelerated application processing and hence may be able to issue
citizenship within 60 days. Children who are below the age of 30 and
parents/grandparents beyond the age of 55 years can become co-applicants. IT
doesn’t require the applicant or any of the co-applicants to live or travel to
the country at any given point of time. This program has no pre-requisite in
terms of education or interviews or any kind of managerial experience. The
country’s passport allows the holder to travel to 130+ countries across the
globe visa free. The country’s tax regimes are profitable for the investor and
it allows no tax on world-wide income of the investor. This tax regime is close
to Dominica’s
second citizenship program.
The main investor applicant will have to be
18 years and above who doesn’t hold any kind criminal background and is of a
strong character. He should have sound health and must be a high net worth
individual.
XIPHIAS immigration has solid connections
with the real estate houses in St. Kitts and Nevis and provides the best
solution possible for the investor to choose from. We have a good standing with
the local immigrations there and are capable enough to represent our client’s
case with the immigration authorities there.
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