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St Kitts and Nevis also has an excellent economic citizenship program which begun in 1984. The process f or citizenship by descent is different from submitting an application for citizenship by investment through a local authorized agent for citizenship. Established in 1984 the program grants citizenship through donation or real estate investment to qualified applicants. Investors along with any family members, can directly qualify for citizenship through investment, either by making a donation or investment in real estate purchase. For example: The Kittitian hill, Christophie Harbour is a Government approved real estate project, which qualifies for citizenship. Approved Real Estate. The real estate investment of US$400,000 investment may also attract two applicants at US$200,000 each plus government fees, but this can only be resold after 7 years. The islands of St Kitts and Nevis are known for being a great tourist destination as well as a tax haven. The St. Kitts & Nevis passport is very well regarded and has excellent reputation, and only relatively few passports have been issued under this citizenship-by-investment program by the Government. Under the AAP, a successful applicant can receive citizenship in as little as 60 days from submission of an application. The fund will benefit St Kitts and Nevis in sustainable areas such as healthcare, education, alternative energy, heritage, infrastructure, tourism and culture, climate change and resilience, and the promotion of indigenous entrepreneurship. As of Jan 2012, the Government of St.Kitts and Nevis, has increased the new investment amount. St Kitts Citizenship by Investment program has been one of the longest established economic citizenship programs in existence, which is in operation since 1984 and has a legal base on the provisions of St Kitts Constitution. St Kitts and Nevis had been a … Applications for Citizenship are lodged directly through Authorized St. Kitts & Nevis Service Providers. MORE. The Sustainable Growth Fund for a single applicant will require a contribution of US $150,000, inclusive of Government fees. The above mentioned include all government and due diligence and application fees. The Government requires either an investment in approved real estate project with a value of at least US$ 200,000 plus payment of various registration and other fees like Govt fee, due diligence fee, passport fee etc.. Be of outstanding character. St Kitts and Nevis economic citizenship program has two options from which applicant can choose. Citizenship by Investment has become common across the world after St Kitts and Nevis launched its first such program in 1984 to revive its economy that was facing the severe consequences of slowly closing the sugar industry.. Several countries throughout the world are now opting for Citizenship by Investment Program’s to intensify the incoming of cash from Foreign Direct Investment … In 1984, St. Kitts & Nevis (St. Christopher & Nevis) established its Citizenship by Investment Program under the 1984 Citizenship Act, Part II, Section 3 (5) regulations, making it the oldest Citizenship by Investment program in the world. The St Kitts and Nevis citizenship-by-investment program is the oldest such program in the world. Visa free travel to European Schengen area including UK, Europe, Switzerland, Singapore along with other 120 countries ; No residence requirements before or after passport. English is the sole official language. Saint Kitts Creole is also widely spoken. LONDON, Jan. 19, 2021 /PRNewswire/ -- During his monthly press conference, the Prime Minister of the Federation of St Kitts and Nevis, Timothy Harris, addressed how its Citizenship by Investment (CBI) Programme is attracting businesses to the dual is St. Kitts and Nevis has only recently diversified from the sugar industry to high-end tourism, becoming one of the Caribbean’s most popular luxury destinations. The SKN citizenship by investment program is fully operational without any disruptions due to Covid-19 pandemic in 2020. To qualify for citizenship of St. Kitts and Nevis under its Citizenship-by-Investment Program, there are two direct options: Effective April 2018, the government reduced prices and introduced new Sustainable Growth Fund. The SIDF option is the fastest and cheapest way to attain second citizenship and the processing time takes 4-6 months. St Kitts and Nevis also offers a fast track service to clients, including the issuance … The Government of St. Kitts and Nevis has a long running “Citizenship-by-investment” program attracting foreigners, who make a substantial contribution to the development of the country. St Kitts issues biometric e-passport valid for 10 years under the CBI program. Real Estate: Designated recoverable Real Estate Investment with a value of at least US$ 200,000 (limited share) held for seven years before resale or US$ 400,000 (full title) held for five years before resale, plus payment of various registration and other fees . We can arrange for meetings in Dubai, London, Zurich. LONDON, Jan. 21, 2021 /PRNewswire/ — On January 29 th, The Guardian Nigeria will host a webinar in partnership with CS Global Partners on how St Kitts and Nevis' Citizenship by Investment (CBI) Programme can offer wealthy Nigerians a safe and secure route to a second citizenship. As of new regulations from 2012, the next buyer qualifies for citizenship. Citizenship By Investment, Sugar Industry Diversification Foundation (SIDF). St Kitts passport is an excellent second passport for visa free travel to over 100+ countries in Europe, Caribbean. Note: The real estate option is a recoverable investment however, you can only sell your property after 7 years. For the list of projects, please see this page. – Dual citizenship benefits. Important: We work with many law firms in St.Kitts, officially appointed and authorized by the Government of St. Kitts and Nevis to represent and promote the Citizenship-by-Investment program. The Sugar Industry Diversification Foundation (SIDF) is a charity setup by Saint Kitts Nevis Govt to raise funds for the displaced sugar industry workers. This was announced by CIU today. Having trouble reaching us? Since this time, they have continued to offer their citizenship to those that are qualified and who have donated a significant amount of capital into the economy. 60 day Accelerated  Application Process (AAP) option available subjected to $25,000 per applicant and $20,000 per dependent. Our regular phone lines are down right now so here's an alternate number while we fix the bugs: +1-869-465-2521. The real estate option is cheaper to big families instead of donation option. The Citizenship unit now accepts applications filed online by agents. Learn More. No income or wealth tax. According to PM Harris, the Programme has been a significant contributor to the nation's economy. It is known to be the most established programme in the industry. Have excellent health. The St. Kitts and Nevis passport is currently the most popular citizenship by investment program (CIP) in the world. St Kitts and Nevis is the birthplace of Citizenship by investment and this scheme has been running for 26 years. The contribution for a family of up to four will be US $195,000 following incremental steps. We work with various real estate developers in St.Kitts and Nevis. Visa-free Destinations. The St. Kitts & Nevis Citizenship by Investment Program is the oldest of its kind in the world. Additional fee for family and children. – Privacy in small peaceful country. No changes to single persons made to SIDF remains at $150,000. The St Kitts and Nevis Citizenship by Investment Programme is the only programme of its kind to offer a guaranteed fast-track route to citizenship, known as the Accelerated Application Process (AAP). The CIU overlooks and regulates the citizenship by investment programme in St Kitts and Nevis. Invest in a higher standard of life.Invest in your future home. Real estate investment also reduced. 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