St. Kitts & Nevis : The Pioneer of the Citizenship by Investment Programs
St. Kitts and Nevis’ citizenship by investment program is always a popular choice among investors. Country’s thorough due diligence process and short application evaluation duration make St. Kitts and Nevis citizenship an attractive option for busy businesspeople to get their second passport by.
Hosting one of the very first citizenship by investment programs around the world, St. Kitts and Nevis are widely recognized among investors as having a platinum quality program. This twin-island nation located in the Caribbean Sea is one of the leading of citizenship by investment programs, and one of the biggest reasons that always take these programs into the next level.
St. Kitts and Nevis Citizenship by Investment Program has been around for more than 30 years now, but it has never stopped improving itself. Latest change came as of March 29 of 2018. Previously, applicants could donate to the Sugar Industry Diversification Foundation – with donations starting at $250,000 for a single applicant – or invest $400,000 in pre-approved real estate to be held for a minimum of five years; now, however, these programme staples have been surpassed in popularity by two new options: a $150,000 contribution to the recently established Sustainable Growth Fund (SGF) or a $200,000 joint investment in pre-approved real estate valued at $400,000 or more.
St. Kitts and Nevis also aligns itself with United Nations’ Sustainable Development Goals by encouraging Sustainable Growth Fund donations and aims to generate budget for educational, medical and scientific advancement projects which in turn benefit and strengthen the brand image of St. Kitts and Nevis passport.
Checks and balances
Investment is of course a key part of the St. Kitts and Nevis citizenship by investment process; however, the program is famous for its detailed vetting processes and careful due diligence evaluation. Thus, the double layered process the programme offers is another solid reason to choose St. Kitts and Nevis citizenship as a second passport.
Thanks to its careful evaluation process, St. Kitts and Nevis passport protects its reputation, its owners and its future holders. The ever-improving popularity and strength of St. Kitts and Nevis passport is also proven by the newly-forged diplomatic relationships to grant its holders the best possible mobility options.
With its stable and growing economy, Caribbean nation of St. Kitts and Nevis provides an example for how the citizenship by investment programs around should be and what they should offer.