ST KITTS & NEVIS CITIZENSHIP BY INVESTMENT PROGRAMME
CAPITALCITY
Basseterre
LANGUAGE
English
POPULATION
54,820
NEAREST COUNTRIES
Montserrat 93.2km, Guadeloupe 179km
TIME ZONE
Eastern Caribbean Time Zone (UTC-04.00)
VISA FREE TRAVEL
151 countries incl. EU Member States and Russia
TOTAL AREA
261 sq. km
CURRENCY
East Caribbean dollars (XCD)
ST KITTS AND NEVIS
St Kitts and Nevis is a two Island nation located in the West Indies. The country is a Commonwealth realm, and a member of the Caribbean Community and Common Market (CARICOM). St Kitts and Nevis has historically relied on its sugar cane industry to sustain its population, however since the 1970s, the country has witnesses a shift towards a more service based economy, which in turn accounts for 74.2% of the total economy.
The St Kitts and Nevis Citizenship by Investment Programme offers visa free travel to more than 130 countries, including the European Schengen area and Russia. Such benefits are available to both the applicant as well as dependents – making the Programme an attractive option to investors and entrepreneurs wishing to obtain easy access to the European Union, both for business as well as for personal purposes.
LEGAL BASIS FOR ST KITTS AND NEVIS CITIZENSHIP BY INVESTMENT
The St Kitts and Nevis Citizenship by Investment Programme commenced in 1984, by virtue of the 1984. Citizenship Act, Part II Section 3 (5). The Programme requires applicants to make an economic contribution to the country in exchange for St Kitts citizenship.
BENEFITS OF MONACO RESIDENCE
Fast Process; 4 Months
No Physical Residency Required
No Tax on Worldwide Income
All the Family Included
Dual Citizenship Permitted
ELIGIBILITY
Eligible dependants include the spouse and financially dependent children under the age of 30, as well dependant parents of the main applicant above the age of 55 or is living with and fully supported by the main applicant.
‘FIT AND PROPER’ TEST
St Kitts and Nevis passport is only granted to individuals of good repute and clean criminal record. In this regard the St Kitts & Nevis Citizenship Investment Unit (CIU), conducts background checks on all applicants.
GOOD HEALTH
Citizenship under the St Kitts Programme is granted to individuals who are in good health, therefore the applicant as well as dependents included in the citizenship application must have an excellent health record.
INVESTMENT CRITERIA
The St Kitts & Nevis Citizenship Programme allows foreign individuals the right to obtain citizenship through either a real estate investment or by a contribution to the Sustainable Growth Fund (SGF). The financial criteria are as follows:
· An investment in one of the Government approved real estate developments with a value of at least US$200,000 (resalable after seven years) or US $400,000
(resalable after five years). Such developments include residential properties on either Island, such as luxury villas and condominium units.
or
· A contribution to the Sustainable Growth amounting to US$ 150,000 which includes the main applicant, US$ 25,000 for the addition of a spouse, and USD$ 10,000 for any additional dependent.