And Passport Saint Kitts and Nevis by investing
This beautiful two-island nation is blessed with tropical temperatures, clear blue waters and a bustling trade and tourism economy. It is well-connected by direct flights to and from Europe and the U.S., and offers residents and citizens sought-after advantages such as dual citizenship and tax-free worldwide income. As one of the longest-established programs of its kind, the St. Kitts & Nevis Citizenship-by-Investment Program offers applicants a host of unique benefits, including:
1.The Sustainable Island State Contribution (SISC):
CBI applications submitted under the LTO will benefit from the reduction of the minimum amount of contribution payable by applicants and the shortening of processing timeframe from 90 days to 60 days.
The minimum amount of SISC contribution is as follows:
From 1 July 2023
2. Investments in Real Estate RE Real Estate:
All projects, except for private houses, must be certified by the government of the country and be included in official registers. These amounts can be invested both in a separate object and in its shares, provided that the value is not lower than the declared threshold. All taxes and fees are paid separately.
Park Hyatt St. Kitts was built at the end of 2017 on the picturesque shore of Banana Beach harbor, Christophe Harbor.
The five-star resort consists of 126 rooms with a stunning view of the Caribbean Sea.
Investments in the project provide investors with Saint Kitts and Nevis citizenship with a minimum investment of $220 000. As a bonus, you can stay in the complex for a week and profit of investment is 2-5% per annum.
After a certain period, this investment can be sold to the next investor, while the passport of a citizen of Saint Kitts and Nevis remains for life and is inherited.
Citizenship of Saint Kitts and Nevis is intended for people who are not used to waiting for paperwork for a long time and who have sufficient funds for investment.
Compared to European countries, the scheme for obtaining a passport of St. Kitts and Nevis is more simplified. There are certainly pluses for the future holder of St. Kitts and Nevis citizenship, first:
However, the citizenship of Saint Kitts and Nevis, too, has. Of the not very convenient conditions of citizenship can be identified:
As we see, there are not so many disadvantages, which is why this program is very attractive for most people. Positive aspects of this nationality are significant. Then the choice is yours!
Citizenship of St. Kitts and Nevis, attracting investment in the development of the state, has established itself as an effective means for the development of various spheres from education and tourism to medicine and alternative energy.
To become a citizen of Saint Kitts and Nevis, you must go through a series of procedures that the applicant must be aware of. First, you need to choose the option that meets your financial capabilities and requests. The next step is to sign the contract and make a prepayment.
After performing the above steps, it is necessary to collect and submit a package of documents for legalization.
Important information for applicants:
Now let's take a closer look at the features and nuances of obtaining citizenship in St. Kitts and Nevis.
The application for citizenship is made through the option of buying real estate (if you select this option) by concluding a contract for the purchase of an object.
Note! The object must receive approval from the government of the country. In addition, it is necessary to transfer a deposit, the amount of which is 10% of the value of the purchased object. The investor makes full payment after receiving the consent of the state to satisfy the applicant's request for citizenship. Money should be transferred only to accounts owned by the government.
Where to apply for citizenship of Saint Kitts and Nevis:
The advantage of this process is the ability to not make many hours and not cheap flights across the ocean, as the paperwork is taken on the companies representing this program. The functions of an official representative In Russia, Ukraine, Belarus and Kazakhstan are performed by “AAAA ADVISER“
Content of the standard procedure for obtaining citizenship
The official deadline for issuing passports, established by the government of St. Kitts and Nevis, varies from 5 to 9 months, but as practice shows, issues of citizenship are solved within 5-6 months. The duration of the process depends on the proper paperwork.
Note that it is not at all necessary to wait for the cherished document so long. By decision of the Government of St. Kitts and Nevis, there is the possibility of an expedited procedure, which provides for obtaining a passport in 12-16 weeks after the applicant has submitted a package of documents. For reduction of terms, an additional fee in the amount of 10% of the program cost is charged. This considers the number of family members.
Citizenship is always preceded by legal due diligence, relates to the papers provided by the applicant.
What documents must be submitted for citizenship:
Note! All documents are submitted in translation into English and notarized and with apostles.
Applicant must provide:
Certified copies:
Successful completion of all stages of the process guarantees you 100% citizenship of Saint Kitts and Nevis.
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