St. Kitts and Nevis Citizenship Program
St. Kitts and Nevis Citizenship-by-investment program (2nd passport program) has been in existence for more than two (2) decades. It is one of the world’s leading economic citizenship or second citizenship program, other option is application for Dominica citizenship. Qualifying for the St. Kitts and Nevis Citizenship and Second passport program involves making a contribution to a public charity which is Sugar Industry Diversification (SIDF) or making a real estate investment in the country.
One of the methods of obtaining St. Kitts and Nevis citizenship is by making a donation towards the SIDF. There are various categories for gaining St. Kitts and Nevis Citizenship through this means. Option A is only applicable to single applicants who must make a contribution of US$250,000 towards the charity. Option B qualifies a one applicant along with no more than three dependants at a contribution of US$300,000. Option C an applicant with five dependants can apply as long as a contribution of US$350,000. The final option which is Option D qualifies one applicant and six or more dependents requires a contribution of US$400,000.
Dependents are considered to be spouses and children under the age of eighteen. The contributions being made towards the Sugar Industry Diversification Foundation cannot be refunded. Under the SIDF option, government registration fees are included. Due diligence and agent fees are paid separately.
The real estate option allows applicants to own or invest in real estate in St. Kitts and Nevis whilst at the same time gain St. Kitts and Nevis citizenship. To satisfy the Saint Kitts and Nevis Citizenship-by-Investment Program requirements,applicants to the real estate option must make a real estate investment in St. Kitts and Nevis of no less than US$400,000. In addition to the investment the applicant must also pay due diligence fees of US$7,500 plus US$4,000 for other dependents over the age of 16. There are registration fees of US$50,000 for the main applicant and any dependent over the age of 18; US$25,000 for other dependents. Any real estate bought through the citizenship by investment program cannot be transferred or sold to another individual until a minimum of five (5) years have passed. According to legislation which governs the St. Kitts and Nevis Citizenship and 2nd passport program this buyer will not qualify for citizenship by investment.
After making the necessary investment or contribution towards the SIDF there are a few documents to be submitted. Included are copies of passports for all applicants, marriage or marriage dissolution papers, Police Record, professional and personal references for the applicant and recommendations from an educational institution for children under the age of eighteen. Birth certificates and bank references must also be provided. Medical certificates are to be submitted.
Once all the paper work is submitted and citizenship has been granted applicants can begin the process of applying for a St. Kitts and Nevis passport. There are many benefits to obtaining St. Kitts and Nevis citizenship through its second passport program for one the holder of a St. Kitts and Nevis passport can travel visa free to many countries including Switzerland, Canada, United Kingdom and Hong Kong among many others. St. Kitts and Nevis has a stable economy and new citizens will find no problems at all in making these beautiful islands their home.