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St. Kitts and Nevis Citizenship by Investment Program

St. Kitts and Nevis Citizenship by Investment Program

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St. Kitts and Nevis Citizenship by Investment Program. St. Kitts & Nevis Citizenship by Investment Program. The Federation of St. Kitts & Nevis. Two-island nation in the Caribbean Sea Capital city of Basseterre is located on St. Kitts Achieved independence from Britain in 1983 - PowerPoint PPT Presentation

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Page 1: St. Kitts and Nevis Citizenship by Investment Program

St. Kitts and Nevis Citizenship by Investment Program

Page 2: St. Kitts and Nevis Citizenship by Investment Program

St. Kitts & Nevis

Citizenship by Investment Program

Page 3: St. Kitts and Nevis Citizenship by Investment Program

The Federation of St. Kitts & Nevis

• Two-island nation in the Caribbean Sea

• Capital city of Basseterre is located on St. Kitts

• Achieved independence from Britain in 1983

• Currency is the Eastern Caribbean Dollar

• Economy based mainly on agriculture (e.g sugar production), tourism, and light manufacturing

• Population of 49,898 people

• Combined area of 101 square miles (261 square kilometers)

Page 4: St. Kitts and Nevis Citizenship by Investment Program

Citizenship by Investment Program

• Program began in 1984

• Program’s purpose is to attract investors of good character, who will make a substantial contribution to St. Kitts & Nevis

• Investment funds contribute to the development of the nation

• The Constitution allows applicants to invest in St. Kitts & Nevis and receive citizenship without a residency requirement

Page 5: St. Kitts and Nevis Citizenship by Investment Program

Program Benefits

• Life-long citizenship in a British Commonwealth country

• No residency requirement

• Dual citizenship permitted

• Visa-free travel to many countries worldwide

• Children may avoid military service in their home country

• Off-shore bank accounts, investments, and St. Kitts-incorporated companies give unique opportunities for business and tax planning

• Passports received in approximately 3 months

Page 6: St. Kitts and Nevis Citizenship by Investment Program

Visa-Free Travel

• Visa-free travel to the United Kingdom

• Visa-free travel to the European Union

• Visa-free travel to Canada

• Visa-free travel to Hong Kong

• Visa-free travel to many other countries worldwide

• Visas for the United States are easily obtained

Page 7: St. Kitts and Nevis Citizenship by Investment Program

Criteria

• Dependent children must be under age 25, fully dependent, and unmarried

• No minimum net worth, No education requirement, No maximum age, and No business experience needed

• No requirement to visit St. Kitts & Nevis and No interview

• 2 investment options:

• Invest in a Government-approved real estate development project (USD $350,000 plus fees); OR

• Make a contribution to the Sugar Industry Diversification Foundation (USD $200,000 - $400,000, depending on number of family members, plus fees)

Page 8: St. Kitts and Nevis Citizenship by Investment Program

Application Process

• Complete medical examination

• Submit citizenship application and supporting documents

• Invest in real estate or contribute to the Sugar Industry Diversification Foundation

• Pay Government fees

• Citizenship certificate is issued

• Submit passport application and supporting documents

• Passport issued

Page 9: St. Kitts and Nevis Citizenship by Investment Program

Approved Real Estate Projects

• Silver Reef (available immediately)

• www.silverreefstkitts.com

• 62 condominium development

• Ocean’s Edge (available immediately)

• www.oceansedgestkitts.com

• 190 condominium and 32 villa development

• Kittitian Hill (available mid-2011)

• www.kittitianhill.com

• development to include villas, cottages, townhouses, and golf course

Page 10: St. Kitts and Nevis Citizenship by Investment Program

St. Kitts and Nevis Citizenship by Investment Program