THE OLDEST CITIZENSHIP BY INVESTMENT PROGRAM
This longest standing economic investment program allows High Net worth clientèle and their dependants the opportunity to obtain full citizenship (within 4 – 6 months) in exchange for an economic contribution or direct investment to the state without the need for residency. On receipt of citizenship the investor will enjoy citizenship rights for life on an island with a relaxed lifestyle, a safe environment and generous tax regimes. Furthermore, citizenship from St Christopher and Nevis guarantees visa free travel to 160 + countries around the world including all of the EU.
To qualify for citizenship a foreign investor is required to provide a financial investment in either:
The estimated processing time for citizenship by economic investment in St Christopher and Nevis (St Kitts & Nevis) is 4 -6 months depending on the choice of investment option. Generally, the obtaining of real estate may require longer processing times depending on the chosen property and the conveyancing process involved in the purchasing of property.
Under OPTION 1 an applicant will qualify for citizenship in St Christopher and Nevis (St Kitts and Nevis), if they invest a minimum of USD $400,000 in a government approved real estate project. At Regency Elite, we guide clients through a list of approved real estate options available on the Island (though the Citizenship – by – Investment Unit). Together with our real estate team we will advise clients as to the best choice of property taking their individual needs into consideration.
Additionally, an applicant is also subject to Government and Due Diligence fees that may increase or decrease depending on the number of applicants and their age group. Typically under the real estate investment option the following charges apply. Please note that these figures may change without notice and do not include professional fees and are intended for use as a guide only. Please contact us for an accurate quote:
Under OPTION 2, an applicant can participate in the program if they donate USD $250,000 to the Government of St Kitts and Nevis, namely tjrough the Sugar Industry Diversification Foundation (SIDF). This fund is specifically in place to support the social and economic development of the island. This contribution is non-refundable and can be paid as listed below. Please note that the donation amounts include Government fees.
The application process for the citizenship program in St Kitts and Nevis requires the completion of several forms and the submission of certain types of documents in support of the information provided in the application forms. Typically the following documents are requested from each applicant including child dependents:
Please note that Regency Elite will provide and prepare these application forms and will assist clients with the right choice of supporting evidence. For further information on how the application process works, please contact us.
St Christopher and Nevis is a relaxed two island country in the West Indies. Its stunning natural beauty, pearly white sandy beaches, warm turquoise waters and enviable climate make this destination a real gem even within the ever-popular Caribbean Islands. The sugar plantations that populate the landscape are a nod towards its rich history (the longest written history in the Caribbean) Through extensive colonisation the island established itself as a prosperous centre for the production of tobacco and soon became a major producer of sugar cane. The island’s wealth grew rapidly and by late 16th century it was officially the most profitable and the richest British colony (a title it retained until late 19th century). However, over time, decreasing world prices have weakened the sugar industry and the island has had to diversify through the tourist, offshore banking, export and manufacturing sectors.
Furthermore, since almost 40% of the total land area is devoted to crops and the island’s principal products were sugarcane and peanuts, it has always the been the aim of the Government to revitalize the sugar sector and bring back the past wealth that it used to generate. Equally, the government has aimed to attract foreign investors to take advantage of the opportunities the rich agriculture platforms provide and to encourage them to export some of the islands major commodities – such as cotton and coconuts.
For a list of Visa Free Travel for holders of St Kitts and Nevis passport please scroll down:
Basseterre
54,800
East Caribbean Dollar
$1,087 billion
English
Twin island country, forming part of the Leeward Islands, situated in the West Indies.
90.4% Black, 5.0% Mulatto, 3.0% East Indian, 1.0% White, 0.6% others
82.4% Christian, 25.7% Anglicans, 7.9% Baptists, 4.9% Church of God , 2.6 % Evangelicals , 1.6 % Jehovah's Witnesses, 1.6% Rastafarian Movement , 0.3% Muslims , 0.8% Hinduism and 0.4% the Bahá'í Faith
Parliamentary Democracy under Federal Constitutional Monarchy
Countries and territories that allow visa-free access to holders of a St. Kitts & Nevis passport are:
Notes:
Visas to the United States may be easily obtained upon application. The above information is correct as of May 2011. Please note this information is for guidance only. To visit other countries, or to stay for longer period, you may require a visa. Please check with the embassy or consulate of the country you will be visiting.