SAINT KITTS AND NEVIS CITIZENSHIP BY INVESTMENT PROGRAM

  • Investment: $430,000 (real estate) or contribution/donation of $350,000 (family of 4)

  • Financing Option: None upfront, investor can mortgage property after acquisition

  • Net Worth Requirement: None

  • Physical Residency: None required (direct Citizenship)

  • Citizenship: Eligible after investment, processing time of 4-6 months

  • Visa Free Travel: 120+ Countries

The island of St.Kitts and Nevis is ideal for all those individuals seeking to apply for Caribbean Citizenship Programs. Formerly a British Colony, it is now a federation of two scenic islands in the Eastern Caribbean, and a member of the commonwealth with English as the official language.  The country is an upcoming luxury resort destination, currently served with direct flights from London, New York, Toronto, Miami and Puerto Rico. St. Kitts & Nevis has no income, capital gain, wealth, inheritance or gift taxes on its citizens and residents.

The Saint Kitts and Nevis citizenship by investment program was launched in 1984, making it the longest established program of its kind in the world. The successful applicants of this program are granted direct citizenship to Saint Kitts and Nevis, which means they are not even required to live there or visit it for any number of days prior to gaining citizenship. Moreover, within 6 months of their applications, they will receive passports that allow visa-free/visa-on-arrival travel to over 120 countries including UK, and EU countries.

Eligible Family Members:

The following family members can be included in an application under a single investment or donation:

  • Principal Applicant

  • Spouse

  • Children under 18 and aged 18-25 (if they are current full-time students and have been since turning 18)

  • Parents/grandparents of Principal Applicant or spouse, over 65, if they are financially dependent on the applicant (i.e. parents do not own any property, business, funds etc.)

Citizenship can be passed down by descent, so future generations can also benefit from this investment.

Investment Requirements:

  • Real Estate Option 

The St. Kitts & Nevis government has been focused on developing the luxury tourism sector to tap the islands’ potential as another quality destination in the Caribbean. Hence, the real estate investment opportunities available are in luxury resorts and hotels currently under development.

To be eligible for this Caribbean Investment program, a minimum investment of US$ 430,000 must be made in a government designated real estate project. The property must be held for at least 5 years, after which it can be sold. The applicants also have the option to rent out the property during the 5-year tenure. Investment options also include Ownership Interest in a luxury hotel project.

  • SIDF Donation Option

The applicants have an alternate option to make a donation between the ranges of $250,000 to $400,000, depending on the number of family members included in the application, to the Sugar Industry Diversification Foundation (SIDF) which was established by the government.

Process 

  • The initial documentation process normally takes 1-2 months depending upon client responsiveness. 

  • After the application is submitted, the St. Kitts & Nevis government takes about 3-4 months to come to a decision or ask for additional information. While the government reserves the right to request an interview with the applicant, it is rarely requested.

  • Once approval is issued and the applicant makes the required donation or title transfer of real estate, a citizenship certificate is issued in 30 days.

  • A passport application is then submitted and will be ready within 10 days.

Our experience with the St. Kitts & Nevis – Citizenship by Investment Program 

Lalani & Associates has been successfully processing St. Kitts & Nevis citizenship applications since 2009 with a 100% success rate.

The principals at Lalani & Associates who are managing the program, have been to St. Kitts & Nevis and have held discussions with government officials, real estate developers, and law firms as part of their due diligence of this program.

 

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