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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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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
• 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)
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
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
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
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)
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
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
St. Kitts and Nevis Citizenship by Investment Program