Key Benefits of St.Kitts and Nevis Citizenship by Investment Program
St. Kitts and Nevis Citizenship by Investment Program is one of the world’s longest running citizenship by investment program. It is launched in 1984 and is still active. This small Caribbean island nation offers investors from almost any country around the world the chance to obtain a quick citizenship. St. Kitts and Nevis passport allows for visa-free travel to over 140 countries including the European Union countries. The second passport can be obtained through an efficient and fast citizenship application process.
Fast Track to Citizenship
St. Kitts and Nevis passport is not as easy to take as it was a few years ago. Although the process has been more discriminating recently; it is still relatively very quick. Typically, it takes 4 to 6 months to get a second passport from St. Kitts and Nevis. Therefore, St. Kitts and Nevis citizenship by investment program is a great option for investors to obtain their second passport rather quickly.
The Accelerated Application Process which is introduced by the government of St. Kitts and Nevis allows the investors to get their citizenship approval in less than 60 days. The main applicant and dependents have to pay additional fees to benefit from the process. This way, the St.Kitts & Nevs offers the fastest route to second citizenship among its Caribbean rivals.
In terms of freedom, St. Kitts and Nevis passport is like no other. The citizenship by investment program of St. Kitts and Nevis does not require its applicants to live or maintain residence in the country in any time of the process. Investors can follow the process through in their own country of residence. As the program allows dual citizenship, the applicant does not have to maintain residence even after they obtain their second passport.
Why St.Kitts and Nevis Passport?
St. Kitts and Nevis is made up of a larger island of St. Kitts, and a smaller island of Nevis. Being the smallest country in the Americas, its economy relies heavily on tourism, but especially on offshore services. St. Kitts & Nevis encourage economic contributions of foreign investors. This is the main reason why the country has the first citizenship by investment program in the world. Surviving as its original form, St.Kitts and Nevis’ citizenship by investment program is taken as an example by many other countries.
St. Kitts and Nevis passport is one of the top 25 passports in the world. Granting its citizens visa-free travel to over 140 countries including the Schengen area, St. Kitts and Nevis allows the applicants to obtain a second passport for life and pass it to future descendants through citizenship by descent.
Citizenship by Investment Requirements
To be able to obtain a St. Kitts and Nevis passport, investors might choose to purchase real- estate or make donation. Donation of $250,000 to the government’s social fund is often the preffered investment option. Aside from the donation, if the applicant chooses to have return over their capital, they might opt to invest $400,000 in a state-approved real estate project. Growing demand for real estate in the country offers investors a chance to generate profit over their capital.
Balancing its economy over its citizenship by investment program, St. Kitts and Nevis know how to keep its premium brand high level. With its prestigious and advantageous second passport, St. Kitts and Nevis’ Citizenship by Investment Program is here to stay.