St. Kitts and Nevis started its citizenship-by-investment program back in 1984. They offer the easiest route to obtain second nationality via investment. There is also no limitation on holding dual nationality so you don’t have to worry about giving up your current residence. 

The best part is that the investors don’t have to take any language tests. Moreover, they don’t have to visit  St. Kitts and Nevis to obtain nationality, there is no living period required to obtain citizenship. The citizenship benefits can be obtained by the investor’s spouse, children, and siblings. Also, citizenship is hereditary so it will be there for your offspring as well. 

How much investment is needed? 

There are three types of investment. The investor can get citizenship by investing in state funds the amount required is 125,000 dollars. The second way to get citizenship is by investing in real estate the money you need to invest is dollars 200,000 and more. The third one is by donating to the public good which is $175,000. 

What are the benefits of St. Kitts and Nevis Citizenship

There are numerous benefits of obtaining St. Kitts and Nevis Citizenship through an investment program. I have stated the benefits below. 

Visa-free travel 

St. Kitts and Nevis passport allows you to travel to up to 157 countries without a visa. This is the most by any Caribbean country. You can travel to the United Kingdom, Ireland, and more European countries without a visa. Moreover, you can also travel to Schengen states without a visa. The doors are also open for north America. So, there are a lot of mighty countries you can travel to without a visa. 

United States Visa for long term 

St. Kitts and Nevis passport allows you to have a visa to the United States meaning you can get B-1 and B-2 visas for the United States. Moreover, it is a long-term one you can get 10 years of B-1 and B-2 visa without much effort. These visas allow you to have meetings in the United States. You can do business as well as travel the whole States without getting any issues. Moreover, this Visa opens the doors for the United States healthcare system. You can visit and avail of United States clinics. 

Worldwide Business 

After obtaining the Citizenship of St. Kitts and Nevis you can register a company there which allows you to have a worldwide business. You don’t have to worry about the foreign exchange as well. Moreover, payments are not monitored or registered by foreign exchange regulation bodies. You can have all types of transactions without any issues, 

Tax exemption 

The Citizens of St. Kitts and Nevis are tax-exempt. You don’t have to pay taxes on your wages, inheritance, and capital gains. The citizens are exempt from paying taxes. 

How To Get Citizenship by Investment 

As discussed above there are three options to get citizenship by investment. The three options are an investment in state-approved real estate, an investment in the public good, and investing in a sustainable development fund. Let’s check out its details below. 

First option 

The first option is by investing in a development fund that is used by St. Kitts and Nevis government in healthcare, tourism, culture, alternative energy, and education. The minimum amount that needs to be invested is 125,000 dollars. 

Second option 

The second option is by investing in government-approved real estate programs. The minimum amount you need to invest in more than $200,000. The projects can include 5-star hotels and other kinds of buildings. You can obtain your investment back after seven years. 

The investor can also earn two to five percent on their property by leasing it. 

Third option 

You can obtain St. Kitts and Nevis citizenship by investing in things that seemed to be a public good investment. The amount required here is 175,000 dollars. You can invest in any government-approved public goods investment program. 

What is the procedure? 

The procedure for obtaining St. Kitts and Nevis Citizenship by investment is the following. 

• The first step is preliminary due diligence that is held by an anti-money laundering officer. The anti-money laundering officer examines the investor’s documents the procedure can be done only in one business day. You have to provide only a passport for this procedure. 
• The second step is the preparation of documents. The investor needs to provide a passport, birth certificate, and bank statement for this step. If an investor is married he/she needs to provide a marriage certificate as well. 
• In the third step, the investors’ lawyer will send the prepared documents to St. Kitts and Nevis CBI unit. The investor has to pay the due diligence fee after that the investor and all family members over 16 will go through the due diligence held by CBI of St. Kitts and Nevis. The procedure can take up to 2 to 6 months. 
• The fourth step Can take up to 3 months. The investor needs to fulfill the investment within 90 days. The CBI unit will notify the investor to complete the investment within 90 days. The investment can be anything from buying state-approved real estate or development funds. 
• Now it’s time to get your passport. The procedure can take up to four weeks. The investor can receive the passport and nationality stuff via courier at their address or the address they provided to receive the documents and passport. 

Conclusion 

St. Kitts and Nevis investment program is one of the fastest and easiest ways to get a second home in the Caribbean. The opportunities are limitless you can travel up to 157 countries visa-free. Can obtain B-1 and B-2 visas in the United States. Moreover, you can do worldwide business without worrying about foreign exchange regulations. You don’t have to travel to St.Kitts and Nevis to obtain the passport. The procedure can be done remotely. This is the plus point not many countries offer this type of opportunity. Note that you can apply for citizenship by yourself however, for submitting the documents you need to have a licensed program agent.