Citizenship of Saint Kitts and Nevis: cost and conditions of obtaining
Detailed overview of the program
How you can get a Saint Kitts and Nevis passport? Price, requirements, steps of registration comparison with other passport programs. In recent years, obtaining a second citizenship is gaining more and more relevance among residents of the post-Soviet space. And this is not surprising, because not every businessman can be 100% confident in the future. If you want to know about further than click St Kitts & Nevis passport visa free countries on this link and choose your desire one.
The main reasons for obtaining a second citizenship:
- “Alternate airfield”, the ability to leave the country at the right time in case of political and other risks;
- Tax aspects and confidentiality, especially in the light of CFC legislation and adherence to the automatic exchange of information;
- Visa-free travel.
Today, more than 20 countries offer a passport or residence permit for money.
Citizenship of Saint Kitts and Nevis in exchange for investment is one of such programs, and it is this program that will be discussed below.
The Saint Kitts and Nevis Citizenship by Investment Program has been in operation and is the oldest and most famous among all passport programs in the world. The Saint Kitts passport has long been understood by foreign bankers and border controls at world airports. More than 11,000 people have already become passport holders, many of whom are very public figures. Considering that the population of the islands is just over 50,000, it turns out that every 5th citizen received a passport for investment.
What does a Saint Kitts and Nevis passport give?
150+ visa-free countries, including the UK, all EU and Schengen countries, South Korea, Hong Kong and other developed countries
Security
With a passport of Saint Kitts and Nevis, it is possible to leave the country at any time in the event of illegal persecution or other force majeure. A residence permit in European countries can already be issued for a new passport.
Confidentiality
Saint Kitts and Nevis recognizes dual citizenship and does not notify the country of first citizenship about obtaining a passport. It is possible to buy foreign real estate and open accounts.
Tax planning
Possibility to obtain long-term visas to the USA, Canada and other countries with a Caribbean passport
Changes in the cost of citizenship of Saint Kitts and Nevis
CEO of Citizenship by Investment of the Federation of Saint Kitts and Nevis announced that the government had approved the creation of a Hurricane Relief Fund. The funds received by this fund will be used to eliminate the consequences of the hurricane. In this regard, it is possible to buy a passport of the Federation of Saint Kitts and Nevis for almost half the price by submitting an application. Namely, the fees for individual applicants will be immediately reduced by 40%, for families – by 50%. The main costs are indicated: the size of the donation or the minimum cost of the object, state duty, passport fee, due diligence. The services of a certified agent are paid additionally.