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ST. KITTS & NEVIS

ST. KITTS & NEVIS

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With its breathtaking natural beauty, warm skies and white sandy beaches, St. Kitts & Nevis is one of the most stunning spots in the Caribbean… and you could be waking up there every morning in as little as a few months.

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GDP

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TIME DIFFERENCE

UTC-4

 

TOTAL AREA

261 sq. km

 

AGE DEMOGRAPHICS

0-14: 21.4%,

15-24: 15.4%,

25-54: 45.1%,

55-64: 10.2%,

65+: 7.8%

 

LANGUAGE SPOKEN

English (Official)

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POPULATION 51,538

Population Growth: 0.78%

 

16,300 USD

GDP (per capita)

GDP (purchasing power parity)

952 million USD (2013)

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VISA FREE COUNTRIES: 124

 

LOCATION 

Caribbean, islands in the Caribbean Sea, about one-third of the way from Puerto Rico to Trinidad and Tobago

 

CAPITAL

Basseterre

RELIGIONS

Anglican, Other Protestant, Roman Catholic

 

GOVERNMENT TYPE

Parliamentary democracy and Commonwealth realm

 

CURRENCY

East Caribbean dollars (XCD), tied to USD

EXCHANGE RATE

1 USD = XCD 2.70 (2014)

St. Kitts & Nevis

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Since April 2018, a new permanent investment fund has been launched by the government of St. Kitts and Nevis to replace the temporary Hurricane Relief Fund. The Sugar Industry Diversification Foundation also ceases to be an investment option under the Citizenship-by-Investment program. Acquisition of citizenship now requires either a contribution to the Sustainable Growth Fund (SGF) or an investment in government-approved real estates, in addition to paying government fees and taxes.

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Why St. Kitts and Nevis?

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With breathtaking natural beauty, warm skies and white sandy beaches, St. Kitts & Nevis is one of the most stunning spots in the Caribbean.This beautiful two-island nation is blessed with tropical temperatures, clear blue waters and a bustling trade and tourism economy. As one of the longest-established programs of its kind, the St. Kitts & Nevis Citizenship-by-Investment Program offers applicants a host of unique benefits including:

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  • Fast processing within four months;

  • Inclusion of dependent children under 30, and dependent parents or grandparents over 55;

  • No physical residency requirements;

  • No requirement to travel to St. Kitts & Nevis during the application process;

  • No interview, education or management experience required;

  • Visa-free travel to more than 135 countries including Schengen member states, the UK, Hong Kong, Singapore, and more;

  • No tax on worldwide income;

  • Dual citizenship.

Eligibility

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To qualify for citizenship in St. Kitts & Nevis, applicants need to fulfill one of the investment requirements outlined in the “Investment Options”, in addition to the following criteria:

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  • Be of outstanding character;

  • Hold no criminal record;

  • Have excellent health;

  • Have a high personal net worth;

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Eligibility Criteria

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  • On top of meeting the minimum investment requirements for any of the investment options below, applicants should also fulfill the following criteria:

  • Be over 18 years old

  • No criminal record in countries lived in during the last 5 years for offences stipulated under St. Kitts & Nevis Law

  • Hold an authorized public insurance or private health insurance

  • Possess sufficient financial resources to reside in St. Kitts & Nevis

  • Provide proof of his qualifying investment among the following investment options

  • Family members, including spouse and other qualifying dependents can also be admitted along with the applicant.

Minimum Investment Requirements

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To qualify for citizenship in St. Kitts and Nevis, there are two direct options, which will be discussed below.

Sustainable Growth Fund (SGF)

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The Sustainable Growth Fund (SGF), was introduced in 2018 for the purpose of supporting economic growth and improving all sectors of the economy. The fund aims at benefiting St. Kitts and Nevis in sustainable areas such as healthcare, education, alternative energy, heritage, infrastructure, tourism and culture, climate change and resilience, and the promotion of indigenous entrepreneurship.

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Contribution requirements are set out as follows:

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  • Main applicant: USD150,000

  • Spouse: USD25,000

  • Family of four: USD195,000 (spouse, main applicant, 2 children)

  • Additional family dependents: USD10,000

 

The government of St. Kitts and Nevis has put forward a limited time offer for a family of four, reducing the fund investment requirement to USD150,000 until 31 December 2021.

Real Estate Investments

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Alternatively, applicants can resort to real estate investments through independent or joint investments. For individual applicant, a minimum of USD400,000 should be invested in the government-approved real estates for a period of 5 years. For joint investments (two applicants applying together), a minimum of USD200,000 is required from each applicant along with a 7-year holding period.

Regardless of the investment options chosen, all applicants have to pay for the government fees and due diligence fees incurred during the application process.

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The St. Kitts and Nevis passport issued will be valid for an initial term of 10 years, which can be renewed thereafter. The application process will take around 3-4 months.

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