Published at: 29/07/2021 08:10 am
The citizenship by investment program of Saint Kitts offers a decreased contribution option of only $150,000 until the end of 2021, in exchange for the passports for a family of four.
The Caribbean twin-island nation is attracting foreign investors with family-friendly naturalisation solutions.
Worth mentioning that siblings can also apply for citizenship with the primary applicant; moreover, the government introduced a "temporary limited time discount". The amount of contribution was $195,000, and until the end of December, you can donate only $150,000, which is an almost 25 per cent decrease from the original sum.
First of all, you must carefully read about St Kitts and Nevis Citizenship by Investment Program here and set up a consultation with our experts. Then you have to prepare and submit all the necessary documents, pay the contribution (or invest in real estate) and receive the certificates of citizenship and the passports of the Caribbean twin-island nation.
The time frame of the entire process of obtaining the citizenship and the passports of St Kitts and Nevis usually takes three months.
Contribution to the state option
The recipient of the contribution is the SGF (Sustainable Growth Fund)
Until 31 December 2021, a family of four (primary investor, spouse, two children) pays $150,000 in exchange for the citizenship of St Kitts and Nevis.
Investment in real estate option
The minimum amount of investment is $200,000, and you must maintain your investment for seven years. There are additional state fees, as $35,000 for the investor—additional $20,000 for the spouse. The cost for each child and parents are $10,000.
It's important to know that St Kitts and Nevis not only allows dual citizenships and does not report citizenship information to other states.
As a holder of a passport from St Kitts, you have a visa-free entry in 153 countries, including the EU Schengen zone, the UK, Ireland, Russia, and most Commonwealth countries. One of the most important benefits is that citizens of St Kitts and Nevis has straightforward processes to receive a long term visa for the US.