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Thursday, 20 April 2017

Easy track to St. Kitts & Nevis citizenship

 Lisa     05:10     Travel     No comments   

“There’re many different ways to obtain St. Kitts and Nevis citizenship other than nationality by birth or descent”

Parents or grandparents being legal nationals of twin island federation of St. Kitts and Nevis citizenship may pass on the nationality to their children and grandchildren through citizenship by birth. Marrying a legal national is another way to qualify after submitting necessary application form, documents and fees to the Minister of National Security.


There’s another method which is by far the most popular way of becoming a legal national of St. Kitts and Nevis known as citizenship by investment. The path is mostly chosen by well-off individuals seeking international travel freedom, personal security and tax advantages while possessing dual nationality and a second passport.

St. Kitts and Nevis citizenship by investment programme is the oldest and most respectable allowing high net-worth individuals to collaborate in real estate and other government based projects. The programme initiated in 1984 offering fastest and most convenient ways to acquire second passport, eventually a gateway to citizenship.

A true Caribbean treat

The twin islands of St. Kitts and Nevis lies at a distance of approximately 1,200 miles from Miami. Queen of England is the Head of the State with governor general being queen’s representative. The Federation is highly reputable and a sovereign part of the British Commonwealth. The island offer a wealth of tourist attractions based on nature’s glory such as rainforests, beautiful beaches as well as historical sites and first-class resorts.

Speedy citizenship procedure

Foreign investors and other individuals from the UK, USA, Australia, Singapore, Austria and more can conveniently apply for St. Kitts and Nevis citizenship without unnecessary delay. A few benefits are;
  • Acquiring passport and citizenship status in three months (however not always)
  • Lifetime nationality that is legal and irrevocable
  • No obligations on residency or travel
  • No interview, education or management experience as a compulsory prerequisite
  • Zero percent tax on foreign income
  • Bestowment of a second passport while maintaining pre-existing citizenship leading to successful dual citizenship status
  • All interested applicants may choose from the two paths that is real estate investment or donating in the Sugar Industry Diversification Foundation.

Citizenship through;

Real estate investment

Real estate investment requires an individual to invest more or less $400,000 in a government approved project. Registration fee is also crucial to proceed forward which is $50,000 for the primary applicant and $25,000 for immediate family including spouse and children less than 18 years of age. Besides this, a defined fee for background evaluation of applicants, due diligence, real estate related taxes and legalities are payable as well!

Donation while supporting the Economic Development

Donating in the Sugar Industry Diversification Foundation (SIDF) is a second track to St Kitts and Nevis citizenship by investment. This is because of SIDF being a charity setup to facilitate economic diversification while transitioning out of typical sugar. A single applicant donating non-refundable amount of approximately $250,000 to the programme qualifies for the nationality. Division of cost per the number of family members is;

Applicant with three family members – $300,000

Applicant and almost five family members – $350,000

Applicant having more than seven family members – $450,000

Conclusion

The above are a few easy tracks to St. Kitts and Nevis citizenship.
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