The St. Kitts and Nevis “Citizenship by Investment Program” allows individuals and their families who purchase a property worth $450,000 US or more at the any approved development to become full citizens and passport holders of St. Kitts and Nevis.
BENEFITS TO ECONOMIC CITIZENSHIP
“St. Kitts and Nevis citizenship can be the key element of a LEGAL strategy to leave behind the high taxes of your current country of residence. When combined with the fact that citizens and residents of St. Kitts and Nevis do not pay any income, capital gains, gift or estate taxes this can result in a potential reduction of your future global tax burden to zero! For current tax payers in countries like the United States, Canada and the United Kingdom, the onetime cost of acquisition of St. Kitts and Nevis citizenship through a property purchase at any of the approved properties can quickly pay for itself in immediate and on-going tax savings. In an increasingly interconnected and changing world, prudent people are implementing diverse financial strategies to protect themselves against risks to their wealth and personal well being. Acquisition of citizenship in St. Kitts and Nevis can be an integral part of such a strategy, as St. Kitts and Nevis allows dual citizenship, while giving one the ability to enjoy visa-free travel to more than 136 countries including Canada, the United Kingdom and the rest of Europe.
- Tax advantages
- Property appreciation
- Tremendous value
- Square foot pricing
- Spellbinding beaches –
- Peace, tranquility
- Relaxed pace
- 85 degrees all year
- Direct airlift
- Duty free shopping
- English speaking
- Economic citizenship
Stable government Besides this investment requirement, the following processing and due diligence fees are payable to the Government of St. Kitts and Nevis.
The real estate cannot be re-sold until 5 years after the purchase, and after that will the again qualify the next buyer for citizenship as well. Each citizenship Certificate of Registration is $47 USD and the cost for each passport is $13 USD. The appropriate registration and background check fees must be paid to Government at the time of making the application. Funds to pay for the required investment must be paid to an Escrow Agent by the applicant. These funds will be held in an Escrow Account with a bank in St. Kitts.
These funds will only be released by the Escrow Agent to pay for the required investment if the application is accepted by Government. If the application is not accepted, the registration fees paid to Government and the funds for the payment of the required investment will be returned to the unsuccessful applicant. Please note that fees paid to Government for background checks are not refunded.
For a list and details of qualifying investments, and more details on the please email email@example.com quoting reference STKITTS