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st. kitts and nevis citizenship

St. Kitts & Nevis

st. kitts and nevis citizenship

COUNTRY PROFILE
• Capital: Basseterre
• Population: 52,000
• Area: 269 sq km (104 sq miles)
• Major language: English
• Major religion: Christianity
• Life expectancy: 68 (men) 71 (women)
• Currency: East Caribbean dollar (EC$ or XCD)
• Exchange Rate (as of May 2018): US$ 1.00 = 2.70 EC$ / XCD

St. Kitts and Nevis, ideally located in the Eastern Caribbean, established the St. Kitts and Nevis citizenship Program in 1984, making this second passport program the longest established program of its kind in the world. This twin nation combines beautiful beaches with mountains and jungle-draped dormant volcanoes. A Federation country, also known as the Federation of St Kitts & Nevis is named after Christopher Columbus. St. Kitts offers the oldest and most respected route to Citizenship by Investment with visa free access to over 140 countries.

Type of Program St. kitts and nevis Citizenship by Investment.
Type of Investment Donation to the Sustainable Growth Fund (SGF)
OR
Purchase of Approved Real Estate
Minimum Investment Real Estate -Government Approved Projects:
USD 420 000 minimum value to hold for 5 Years
USD 220 000 minimum value to hold for 7 Years

Plus Govt. Fees:
Main Applicant USD 35,000
Spouse USD 20,000
Dependents (irrespective of age) USD 10,000 each
Share Registration Fee @10% of Investment

SGF:
USD 150,000 for a single applicant (inclusive of all government fees), or
USD 195,000 for the main applicant with up to three dependent, or
USD 25,000 for each additional dependent after the third dependent, irrespective of age.

Dual Nationality Permitted Yes.
Personal Visit Required No.
Minimum Stay Zero residence and no minimum stay required.
Capital Gains Taxes None.
Personal Income Taxes None if not resident.
Business & Corporate Taxes Income derived from local companies 35%.
Zero on foreign income.
Property Taxes Stamp duties are payable by the buyer on real estate transactions, and are taxed on the assessed market value of the property at the following rates 5-18.5%.
 
Processing Time 3 months, 60 days if the applicant chooses the premium Accelerated Application Process (AAP).
Passport Validity 10 year validity for those who are 16 years or older; 5 year validity for those under 16 year.
Restricted Countries Iran, Afghanistan, North Korea.
Visa Free Travel  Visa-free travel to over 140 countries.

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