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St. Kitts and Nevis Citizenship by Investment Program

St. Kitts and Nevis Citizenship by Investment Program. St. Kitts & Nevis Citizenship by Investment Program. The Federation of St. Kitts & Nevis. Two-island nation in the Caribbean Sea Capital city of Basseterre is located on St. Kitts Achieved independence from Britain in 1983

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St. Kitts and Nevis Citizenship by Investment Program

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  1. St. Kitts and Nevis Citizenship by Investment Program

  2. St. Kitts & NevisCitizenship by Investment Program

  3. The Federation of St. Kitts & Nevis • Two-island nation in the Caribbean Sea • Capital city of Basseterre is located on St. Kitts • Achieved independence from Britain in 1983 • Currency is the Eastern Caribbean Dollar • Economy based mainly on agriculture (e.g sugar production), tourism, and light manufacturing • Population of 49,898 people • Combined area of 101 square miles (261 square kilometers)

  4. Citizenship by Investment Program • Program began in 1984 • Program’s purpose is to attract investors of good character, who will make a substantial contribution to St. Kitts & Nevis • Investment funds contribute to the development of the nation • The Constitution allows applicants to invest in St. Kitts & Nevis and receive citizenship without a residency requirement

  5. Program Benefits • Life-long citizenship in a British Commonwealth country • No residency requirement • Dual citizenship permitted • Visa-free travel to many countries worldwide • Children may avoid military service in their home country • Off-shore bank accounts, investments, and St. Kitts-incorporated companies give unique opportunities for business and tax planning • Passports received in approximately 3 months

  6. Visa-Free Travel • Visa-free travel to the United Kingdom • Visa-free travel to the European Union • Visa-free travel to Canada • Visa-free travel to Hong Kong • Visa-free travel to many other countries worldwide • Visas for the United States are easily obtained

  7. Criteria • Dependent children must be under age 25, fully dependent, and unmarried • No minimum net worth, No education requirement, No maximum age, and No business experience needed • No requirement to visit St. Kitts & Nevis and No interview • 2 investment options: • Invest in a Government-approved real estate development project (USD $350,000 plus fees); OR • Make a contribution to the Sugar Industry Diversification Foundation (USD $200,000 - $400,000, depending on number of family members, plus fees)

  8. Application Process • Complete medical examination • Submit citizenship application and supporting documents • Invest in real estate or contribute to the Sugar Industry Diversification Foundation • Pay Government fees • Citizenship certificate is issued • Submit passport application and supporting documents • Passport issued

  9. Approved Real Estate Projects • Silver Reef (available immediately) • www.silverreefstkitts.com • 62 condominium development • Ocean’s Edge (available immediately) • www.oceansedgestkitts.com • 190 condominium and 32 villa development • Kittitian Hill (available mid-2011) • www.kittitianhill.com • development to include villas, cottages, townhouses, and golf course

  10. St. Kitts and Nevis Citizenship by Investment Program

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