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St. kitts nevis

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St. Kitts and Nevis is a small country in the Caribbean that offers investors the opportunity to acquire citizenship faster than any other countries in the world. The Investment in Citizenship (CBI) program was launched in St. Kitts and Nevis in 1984. The St. Kitts and Nevis Passport is one of the strongest global passports that allows visa-free travel to over 140 countries, including the European Union. The St. Kitts and Nevis Citizenship Program, by investing, gives eligible applicants the opportunity to have dual citizenship and tax-free global income in the beautiful twin island nation. The country is a popular destination for a second passport in the world due to its relaxed lifestyle, fantastic scenery, white sandy beaches and tropical climate.

 

A brief look at the St. Kitts and Nevis Citizenship Program :

 

By becoming a citizen through investing in St. Kitts and Nevis, the applicant and accompanying family can acquire a second citizenship and a strong St. Kitts and Nevis passport without having to renounce their current citizenship. The St. Kitts and Nevis passport is valid for 10 years and after it expired the applicant can renew it in St. Kitts or the consulate of this country with no problems.

 

Time to obtain citizenship: 4-6 months

 

Supported nationalities: All nationalities

 

Visa-Free Travel Countries: 141 Countries, including Schengen, the United Kingdom, Singapore and Hong Kong

 

Investment Fee: Government Assistance ($ 150,000 for an Applicant) or Investment Property and

Real Estate ($ 400,000 plus government spending)

 

 

How to get citizenship by investing in St. Kitts and Nevis:

Citizens applying for citizenship in St. Kitts and Nevis can invest in one of two ways:

 

1- Sustainable growth fund:

In April 2018, St. Kitts and Nevis launched a new permanent investment fund (the Sustainable Growth Fund) to replace the Temporary Storm Relief Fund (the 2017 Caribbean Storm Disaster Relief Fund). To obtain citizenship applicant must Contribute the minimum amount set by the government to the St. Kitts and Nevis Sustainable Growth Fund.

US $ 150,000: Applicant only.

US $ 25,000: Spouse.

US $ 10,000 per additional person.

moreover, the following fees are charged for verifying the information:

US $ 7,500: For the main applicant.

US $ 4,000: For people over 16 years old.

US $ 4,000: To check out a sponsor.

 

2. Investing in real estate

In this method, the applicant has to invest the minimum amount specified in the properties of St. Kitts and Nevis.

 

A) five-year maintenance period

Applicants can purchase government-approved property with a value of at least US $ 400,000 or purchase a stock with a value of at least the same amount for property development. This investment must last for at least five years.

 

B) Seven-year maintenance period

Applicants can invest $ 200,000 in a luxury, government-approved resort. This investment must last for at least seven years.

In both cases, investors are required to pay additional taxes and fees.

 

Step by step to get the citizenship of St. Kitts and Nevis through investment:

 

Step 1: Select an authorized representative

The first step in applying for citizenship is to select a representative from the list of authorized representatives. Representatives are individuals formally authorized by the CBI (Citizenship by Investment) to apply for citizenship investment on behalf of the applicant.

Step 2: Complete the requested forms

Complete all required application forms and documents given to you by your authorized representative. Check that all documents are prepared in accordance with St. Kitts and Nevis standards.

Step 3: Confirm your application from the CIU (Citizenship Investment Unit):

following a period of 3 to 4 months, after sending your application through an authorized representative, if you accept, you will receive a confirmation letter with the status " approved in principle ". This means that your application for investment and citizenship has been accepted.

Step 4: Choose the investment method and do it:

At this point you need to choose one of the two methods which has been offered to you for investing and making your investment.

Step 5: Get Citizenship of St. Kitts and Nevis:

At this stage, depending on the investment in the country of St. Kitts and Nevis, as well as the presentation of documents in the previous stages, you receive citizenship of the country of St. Kitts and Nevis and you are able to apply for a second passport from this country.

 

Benefits of St. Kitts and Nevis Citizenship:

 

•  Fast processing time of citizenship application

The St. Kitts and Nevis citizenship application is approved and submitted in four months.

•  Quick application process for St. Kitts and Nevis passport

After getting citizenship in less than 60 days, you can receive a strong and valid St. Kitts and Nevis passport.

•  There is no need to be interviewed, speak English or even stay to become a citizen of this country.

•  Possibility of obtaining a passport for the applicant's family

 The St. Kitts and Nevis Citizenship Program also applies fully to family members of the applicant, including dependent children under the age of 30 and parents or dependent grandparents over the age of 55.

•  Possibility of visa-free travel to 156 countries with only St. Kitts and Nevis passport

•  Dual citizenship

The applicant and his / her companions receive the citizenship of St. Kitts and Nevis as a second citizenship and do not need to renounce their citizenship of the original country.

•  Tax freedoms

There is no need to pay income, inheritance or gift taxes in this country.

 

General citizenship requirements for Keats and Nevis:

 

The applicant must have a prominent personality.

Have no criminal record.

Be in perfect health.

Have a basic knowledge of English.

 

Family members who can obtain citizenship and a passport with the applicant:

 

•  Spouse

•  Children of the principal applicant or spouse under 18 years of age

•  18 to 30 years if supported

•  Parents of the main applicant or spouse if they are 55 years old or living with the main applicant and under his\her full support.

•  Grandparents of the main applicant or spouse, if 65 years of age or older, living with him / her and full support of the main applicant

 

St. Kitts and Nevis Tax Laws :

 

There is no direct tax in St. Kitts and Nevis. which means, even if citizens live in this country, they do not have personal income tax, property tax, inheritance or surrogate tax, gift tax or net worth tax. Of course, some taxes apply to applicants:

•  Corporate income tax is 35% of net profit. Of course, companies are exempt from paying this tax for up to 15 years.

•  10 % Taxes paid by individuals and companies to individuals outside of St. Kitts and Nevis.

•  Annual property tax is levied in St. Kitts and Nevis. This tax is calculated based on the market value of the property. The current VAT rate in St. Kitts and Nevis is 17 percent.

 

General documents for applying for citizenship of St. Kitts and Nevis:

 

•  Complete the requested forms

•  Identity documents such as identity card with a valid copy

•  A certified copy of the current passport with name, nationality, photo, date and place of issue, expiration date, passport number and issuing country are specified.

•  HIV test results for less than 3 months ago

•  Certificate of bad record

•  6 pieces of photos

 

Fees for obtaining St. Kitts and Nevis citizenship:

 

•  Minimum investment: $ 150,000 for the Sustainable Growth Fund or $ 400,000 for real estate

•  Sustainable Growth Fund Cost: $ 150,000 for the principal applicant and $ 25,000 for the spouse, $ 10,000 for each additional person.

•  Government Real Estate Fee: $ 35,000 for the principal applicant and $ 20,000 for the spouse, $ 10,000 for the children, regardless of age.

•  The cost of checking the information (applies to both investment ways): $ 7,500 for

main applicant, $ 4,000 for children over 16 years old.

•  Application Forms Cost: $ 250 for each application form set

•  Passport fee: $ 350 per person

 

Frequently Asked Questions about St. Kitts and Nevis Citizenship:

 

How one can get St. Kitts and Nevis citizenship?

To become a St. Kitts and Nevis citizen, you must invest in one of two ways: Sustainable Growth Fund, Real Estate Investment.

 

How to get a St. Kitts and Nevis passport?

The St. Kitts and Nevis Economic Citizenship Program allows investors to obtain a St. Kitts and Nevis passport. Under the circumstances of investing and presenting of documents and passport fees.

 

How long does it take to get a citizenship in St. Kitts and Nevis?

If you go through the application process as standard, it will take approximately four to six months for your application to get processed and your citizenship presented, then if you apply for a passport, you will receive your passport in less than 60 days.

 

Who is allowed to stay?

An authorized representative is a person or agency who applies for citizenship, investment and citizenship on your behalf. A complete list of authorized representatives is available on the St. Kitts and Nevis State website.

 

Can two or more applicants apply for citizenship together through investment?

Yes, two or more applicants can apply for citizenship by purchasing a piece of real estate together, provided that each person pays at least $ 200,000. So the minimum investment should be a total of $ 400,000.

 

Who do I contact to become an economic citizen in St. Kitts and Nevis?

You must contact an authorized representative from the beginning to the end of the citizenship application process who will carry out the entire citizenship program on your behalf.

https://www.artoncapital.com/global-citizen-programs/st-kitts-nevis/ https://www.globalcitizensolutions.com/saint-kitts-and-nevis-citizenship-byinvestment/ https://getgoldenvisa.com/benefits-of-kitts-nevis-citizenship-by-investmentprogram https://www.henleyglobal.com/citizenship-saint-kitts-nevis-introduction/ https://www.globalcitizensolutions.com/citizenship/citizenship-in-saint-kitts-andnevis/ https://www.ciu.gov.kn/

 

 

 

Get in touch with us

 

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