ST Kitts and Nevis Citizenship-by-Investment Scheme was established in 1984, making it the world’s oldest program of its sort. The Government of St. Kitts, the pioneer of citizenship by investment, uses this initiative to find investors who want to make a significant contribution to the Federation’s growth.
Investors, as well as any family members, can qualify for citizenship immediately through investing, whether through a contribution or a real estate acquisition.
After making the purchase, the passports normally take 6 months to arrive. Saint Kitts and Nevis passport is an outstanding second passport for travel to over 100 countries in Europe and the Caribbean without a visa.
The government of St. Kitts and Nevis has approved A2W Consultants to market the program and provide guidance on the appropriate investment option as well as the program’s requirements.
There are two major ways in which one can gain St Kitts and Nevis citizenship and passport by investment.
-
- SGF or Sustainable Growth Fund:
After the Hurricane Relief Fund expired on April 1, 2018, St Kitts and Nevis announced a new Sustainable Growth Fund.
A single candidate will need to contribute the US $150,000 to the Sustainable Growth Fund, which includes government costs.
Following gradual increments, the contribution for a family of up to four will be US $195,000. The fund will help St. Kitts and Nevis in sectors like healthcare, education, renewable fuels, heritage, infrastructures, etc.
The following are the SGF contribution requirements:
- USD 150,000 non-refundable investment from the main applicant
- USD 150,000 for a family of four (spouse, main applicant, 2 children) Discount for a limited period Offer is for a limited time only.
- USD 10,000 for additional family members (regardless of age)
- Designated recoverable Real Estate Investment:
USD 200,000 (hotel shares only) Before sales, the real estate is to be held for seven years.
USD 400,000 (complete title deed) retained for five years before sales, plus registration and other fees.
Because the shares can be sold back to the same developer, this investment is refundable.
A government fee is imposed upon the approval in principle of an application made through a real estate investment, as follows:
- US$35,000 for the main applicant
- US$20,000 for the primary applicant’s spouse
Any other qualified dependent, regardless of age, of the main applicant: US$10,000
Two applications for USD 200,000 each including government expenses may also be submitted for the USD 400,000 real estate investment, but that can only be transferred after 7 years.
Fee for due diligence
The main candidate will receive $7,500, while the secondary applicant will receive $7,500.
Each dependent of the primary application over the age of 16 receives USD 4,000.
Total fee (Real Estate) = Property Investment (kept in escrow) + Government processing charge + Due diligence fee + Lawyer/Agency fee + Passport fee
St KITTS and Nevis passports are valid for 10 years and can be reissued at any consulate where you reside. Do keep in mind that processing takes 3-4 months.
Get in touch with A2W Consultants to check if you’re eligible for ST Kitts and Nevis citizenship by investment.
ST Kitts Nevis – Citizenship Benefits
For a citizen of Saint Kitts and Nevis, all EU Schengen nations, including Switzerland, the United Kingdom, and Ireland, are visa-free. These citizens also do not need a residency in ST Kitts. they even do not have to personally visit St Kitts and Nevis to hold citizenship.
Other characteristics of ST Kitts and Nevis passport are
- Citizenship for life
- Obtaining a second passport and citizenship for family members is simple.
- Peace in a tiny tranquil nation.
- The advantages of dual citizenship.
- Real estate investment option
- Only 3 months for processing
- Tax-free — no income, inheritance, or wealth taxes.
- Movement within CARICOM is unrestricted.
The passport of St. Kitts and Nevis is highly recognized and has an outstanding reputation. The government of ST Kitts has only issued a small number of passports under this citizenship-by-investment program. Also, it is the cheapest way for Americans to obtain a second citizenship.
A2W is the most trusted immigration consultant in Dubai here to help you with a range of services including Canadian Immigration, Business Immigration, Student Immigration, and also with other citizenship by investment programs. Contact us today if you do not wish to delay your dream of having a second passport!
Covid Discounts – ST Kitts and Nevis Citizenship
From March 2021, the Cabinet of St Kitts and Nevis has announced the renewal of a limited-time USD 45,000 discount to families. For families of four or more, the SGF payment is lowered to USD 150,000 (from USD 195,000).
However, there are no price adjustments for single applicants or those who choose the real estate option.
Significant Changes in ST Kitts and Nevis Visa Post Covid-19
- The St Kitts passport is now the Caribbean’s most powerful CBI passport, allowing visa-free travel to 155 countries and territories, including Russia, the United Kingdom, Ireland, and the EU Schengen nations.
- St Kitts and Nevis has pledged to expand its visa waiver program to include new nations and has recently struck agreements with Mexico, Georgia, and Albania. The government has secured visa waiver agreements with 19 countries since 2005.
- St Kitts has strengthened application procedures and now requires candidates to submit biometric and fingerprint data.
- Unlike other countries, the CBI scheme in St Kitts does not require candidates to take an oath.
- The needed real estate investment has been reduced to $200,000 and must be retained for seven years. To protect citizenship investors, the government enacted escrow legislation. The real estate option, rather than the contribution option, is less expensive for large families.
- Under the CBI initiative, St Kitts issues biometric e-passports that are valid for ten years. The passport can be picked up at the embassy or through an authorized agency.
For years, A2W Consultants has assisted foreign nationals in obtaining citizenship under the citizenship by investment programs. We have unparalleled expertise and experience with citizenship by investment programs. Our dependable and trustworthy services have earned us the name of one of the most sought-after ST KITTS immigration consultants in Dubai.