St. Kitts and Nevis citizenship-by-Investment program was established in 1984, making it the first and longest established economic citizenship program of its kind. It has distinguished itself from many other similar programs by rigidly enforced investment requirements and meticulous due diligence procedures.
The Government of St. Kitts and Nevis utilizes this program to attract investors of good character to make a substantial contribution to the development of the Federation under the Sustainable Growth Fund (SGF).
Investors together with any family members can apply for citizenship by making a donation of USD 150,000, or through an investment in real estate purchase of more than USD 200,000.
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The St. Kitts & Nevis citizenship by investment program is certainly not the cheapest way to purchase a second passport, nor is it the fastest. However, it continues to hold its place as the gold standard of economic citizenship programs and has so far enabled over 10,000 foreigners to obtain citizenship since its inception in 1984.
So, what makes the St. Kitts & Nevis program a cut above the rest? Well, aside from the fact that it has been around the longest and is therefore the most well-known, there are a number of clear benefits.
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St Kitts & Nevis passport is a great second passport for visa free travel to over 150 countries and can usually be completed in under 6 months and have an expedited application process which can take less than 2 months for full citizenship and passport.
While there is no denying that the St. Kitts & Nevis citizenship by investment program is among the finest and most well-established there is, there are some relative disadvantages compared to other programs. These include:
There are two main ways to qualify for citizenship via St. Kitts & Nevis’ economic citizenship program. The first involves a straight donation to their Sustainable Growth Fund (SGF), while the second involves a real-estate investment.
This involves a non-refundable donation of:
Other fees include:
The second way to qualify for citizenship is to invest in a pre-approved real-estate with a minimum value of USD 200,000. It is clearly more expensive than the donation route, but the plus side is that you have the opportunity to recoup part or all of your initial investment.
The real-estate must be held for a period of at least 7 years. You can also choose to invest a minimum of USD 400,000 in real estate, in which case the minimum holding period is reduced to 5 years.
The real-estate route also comes with substantial government fees, which include:
This means that the total cost for a family of four adding together the investment amount and fees will come to a total of USD 275,200.
The application process for the St. Kitts & Nevis CBI program is incredibly straightforward and easy to navigate. Their decades of experience make them one of the most organised programs around, and they provide guaranteed timeframe within which the process will be completed.
St. Kitts & Nevis are selective about who they award citizenship to, so in order to qualify you must be of outstanding character, have no criminal record, be in good health, and have a sizeable net worth.
The application steps are as follows:
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Documentation should include:
With the growing number of citizenship by investment programs popping up around the world today, it is difficult to have a clear idea about which is best for you, and to discern the reputable, high class programs from those which are actually second rate in practice. Perhaps this is why St. Kitts & Nevis remains one of the most popular in the world. Aside from its obvious benefits compared to many other programs, it also gives you peace of mind in that you know exactly what you are getting and can expect uncompromised delivery and expertise.
Please note: Offshore Protection does not offer work visas services nor services related citizenship through ancestry. We only offer citizenship by investment and golden visa services. Read more for info on EU work visas and EU ancestry visas.
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*Note for U.S. citizens: US citizens are limited in their tax reduction possibilities due to FATCA and CFC laws. Opening an offshore company can increase privacy and asset protection, but you can not eliminate your taxes without giving up your citizenship. If you are a US citizen you are obligated to pay taxes on all worldwide income. Read more here about FATCA and CFC laws.
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