2021 — A record year for St. Kitts and Nevis’s citizenship applications
- 01 Feb 2022
- Articles
Saint Kitts and Nevis CBI Program attracts more and more investors every year. The growing popularity of Saint Kitts and Nevis is proved by the fact that the number of applicants has increased by 30%, according to Les Khan, the CEO of St. Kitts and Nevis' Citizenship by Investment Unit.
The high demand for Saint Kitts and Nevis CBI sector is not surprising. The program was launched in 1984, and it is one of the oldest ones in the business.
Saint Kitts and Nevis is well aware of the importance of global mobility and visa-free travel. Thus, the country offers the possibility to move around the world, reaching 150+ countries. This number includes major business centers in the USA, Europe, Asia, and Africa.
An increasing demand was partially linked to the special limited-time offer of the program. This was a drop-dead bargain, especially for big families. By means of this offer, applicants could save half the price. However, the government decided not to renew this proposal, so it is not valid since January 1, 2022.
At the same time, you always can make use of Alternative Investment Option. This means that the investor makes a one-time non-refundable contribution to the social housing project. The minimum investment amount — $175,000 for up to a family of four + fees (if it is a case of Public Good Project Developer (PGPD) project). And the minimum investment — $200,000 for up to a family of four (if it is a case of a Private Enterprise Developer (PED)).
So, it is fair to say that Alternative Investment Option results in clear benefits and savings.
And what about other benefits of the Saint Kitts and Nevis Citizenship-by-Investment Program?
• No global income, dividends, wealth, and inheritance tax
• Possibility to get long-term visas to the USA and Canada
• You can remotely obtain a passport in just 45 days
• The largest selection of real estate for investment
• Dual citizenship
• Residency is not required
• Transfer of St Kitts and Nevis citizenship by inheritance
• Fully remote procedure
Keep in mind all investment options for obtaining citizenship of Saint Kitts and Nevis:
• A contribution to the country’s Sustainable Growth Fund (SDF) — $150,000
• Purchasing real estate in the shape of property or shares in a 5-star resort — $200,000
For more information on this program, visit this page migronis.com/en/saintkitts-and-nevis
If you are interested in Saint Kitts and Nevis and want to get citizenship in this beautiful country, do not hesitate to contact our experts and get a free consultation as a reward!