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Everything you need to know about citizenship and residence programs around the globe.
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If you decide to invest in a second passport, St Kitts and Nevis citizenship from a small Caribbean state can be your best option. This is the oldest citizenship by investment program that since mid-1980s has been attracting foreign investors, businessmen and entrepreneurs from around the world and offering them passport in return for their investment.
Our citizenship experts have come up with 7 key benefits of investing in a passport of this country.
If you compare it with other citizenship by investment programs, here you can get a passport in 45-60 days with accelerated procedure.
In order to become St Kitts and Nevis citizen, you don’t need to live or visit the islands. However, it is worth coming to this tropical paradise with its warm climate, fantastic beaches and turquoise ocean.
This small island state is very strict with not passing any information about their nationals and their assets to third parties. Your participation in the St Kitts and Nevis investment program will also remain a secret.
Apply for citizenship for the whole family including adult children and parents.
You would not need a visa to 142 countries including Schengen states, UK and Singapore. Holders of St Kitts and Nevis passport can get long-term visas to the USA and Canada.
One of the most favourable taxation systems in the world. There is no income tax, inheritance or gift taxes, no dividends or capital gains tax. Property taxes are very low too.
Tourism sector in this country is very developed which creates limitless opportunities for international companies registered here.
Islands of St Kitts and Nevis become more a more popular with tourists. The government is very wise in how they use foreign money by investing in local infrastructure. Besides, it is a modern place to live and can serve as a safe haven for you and your family if things in your country are not looking bright.
Though the government is very keen on attracting foreign investments in the economy, they are careful as to who is investing. There are certain criteria that you must be able to meet:
St Kitts and Nevis government is extra cautious towards investors that want to invest money of unclear origin as well as those who are under international sanctions. Moreover, the Citizenship by Investment Unit will not accept citizenship applications from nationals of Iran, Syria and Afghanistan.
You have two options of getting a passport through investment – one non-refundable and the other is refundable in 5–7 years.
If you wish to obtain citizenship by investing in a development fund, you must pay $150,000 for a single applicant with the amount increasing proportionally to the size of your family. For example, a family of four will cost you $195,000 in a one-off payment.
Sustainable Growth Fund of St Kitts and Nevis distributes the money between tourism sector, agriculture, transport infrastructure, social projects, healthcare and cultural restoration works.
Investment in a property starts at $200,000 and the money can be returned in a few years after obtaining St Kitts and Nevis passport. Please be aware of one important condition – you must invest only in the projects and developments that are approved by the government. On the one hand, it is a limitation imposed by the state on foreign investors, but, on the other hand, it is a guarantee; all developers and sites are subject to thorough checks before being approved by authorities.
Unlike non-refundable fund contribution, real estate investment amount does depend on the size of the family that is applying together with the main applicant. But the amount decides when you can get your money back. Say, you buy a share in an off-plan development for $200,000 – you can resell it only in 7 years after getting a passport. If you invest $400,000, you can get it back faster – in 5 years.
Irrespective of investment, applicants for St Kitts and Nevis citizenship who are over 16 must pay a due diligence fee. Real estate investors pay government fees on top of the purchase price which vary for the main applicant and dependants.
Citizenship by Investment Unit of this Caribbean country will not accept a citizenship application directly from you. You need to choose a reputable and respectable legal firm that would be your representative. Our immigration lawyers will assess all the risks and help you prepare and obtain all necessary documents.
Once you and your family members over 16 pass due diligence checks, your application will be sent for approval.
After you get an approval in principal, you will need to make a relevant investment. Once your passport application is approved, your passports will be sent to us and we will forward them to you. It means you and your family do not need to travel to the Caribbean to collect your documents. An adult passport is valid for 10 years, a child one for 5. Passports can be renewed without visiting St Kitts.
Our expert lawyers have been helping clients to get St Kitts and Nevis passport for many years. We will provide support on all stages of the process – from initial consultation, risk assessment, making an investment choice and preparation of documents to representing your interests before St Kitts and Nevis authorities, as well as collecting and sending you the passports. In case you will choose real estate, our specialists will help you find a property that would suit your requirements.
We will work with you to find a customised solution for your immigration, second citizenship, business, tax and other needs.
St Kitts & Nevis Citizenship
British citizenship by investment
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