Saint Kitts and Nevis Citizenship by Investment Programme
Holding a second nationality
and enjoying the benefit of dual citizenship is something people desire for
various reasons. A new life in a different country where you can do business
freely, open an international bank account, travel with ease, enjoy the
benefits of vacations without visa restrictions, etc. All of this can be
possible with Saint Kitts and Nevis Citizenship program.
Saint Kitts and Nevis is a Caribbean
island country composed of two main islands, Saint Kitts and Nevis in the West
Indies. There’s something for everyone on this island, including breathtaking
views, amazing weather, luxury hotels and resorts, secluded beaches, culture,
gastronomy, entertainment.
Becoming a citizen of Saint Kitts and
Nevis is a great way to get around the tourist restrictions that apply to
residents of other countries when they travel to Saint Kitts and Nevis. A
citizen of a country allows you to vote, hold public office, move around freely
and study at universities licensed by the government.
Real estate investors are also able
to take advantage of tax incentives and lower interest rates on existing loans
compared to those available to individuals. The opportunity to invest in real estate while preserving your national citizenship provides an
attractive package that not only provides exceptional investment opportunities
but also makes living in Saint Kitts & Nevis a worthwhile way to
live.
Donation to Sustainable Growth Fund (SGF)
Citizenship by investment can be
obtained in primarily two ways. One of them is contributing to the Sustainable
Growth Fund (SGF) of Saint Kitts and Nevis, which is a non-refundable
government fund. The minimum investment or contribution to the fund is $150,000,
or $195,000 (plus costs) for a family of up to four people.
Keep in mind that the government will
utilize the funds for the benefit of the Caribbean/State/Country, as well as
other sectors. It indicates that fund investors will not be able to profit from
their investment.
Investment in Real Estate
In St Kitts and Nevis, real estate
investors can purchase a share or the entire property. Citizenship in Saint
Kitts and Nevis can readily be obtained by purchasing government-approved real
estate assets. The majority of choices provide a good rental return, and real
estate may be sold after a required holding time, enabling you to discharge
cash without risking your citizenship rights.
Second Passport
Being granted a second passport by
Saint Kitts and Nevis's government entices individuals to invest financially in
the islands. Those who invest at least $200,000 (you must hold the
property for seven years) or $400,000 (you can resell the
property after five years) in real estate can obtain a second
passport from St Kitts and Nevis.
Individuals who have invested over
US$500,000 in S Kitts and Nevis property or businesses may apply for a second
passport at any time. Individuals who have previously held passports from other
countries may be eligible to obtain a second passport through this programme
under certain conditions.
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