Are you intrigued by the idea of Citizenship in St. Kitts & Nevis? If so, chances are you have several questions regarding how it works and the benefits associated with citizenship. Some of the most commonly asked questions are highlighted here.
What is the Citizenship Program Offered by St. Kitts and Nevis?
The Citizenship by Investment program for the Federation of St. Kitts and Nevis was established in 1984 to help and encourage the resort development, attract investor and stimulate growth in the tourism industry. When someone makes a qualifying purchase in an Approved Project, then the investor will become eligible to apply for citizenship.
Will You have to give Up Your Existing Citizenship?
The citizenship program offered by the St. Kitts and Nevis government allow for dual citizenship and will not publish any type of information about the individuals who are applying. No information is given to your current country of citizenship either.
Will Your Family also Qualify for Citizenship?
When you apply for citizenship, you family can also obtain citizenship under the application that you file. The individuals who are considered qualified dependents will include parents over the age of 65, as well as children that are under the age of 25. Each dependent that you file for will incur additional government fees.
How do You Qualify for the Citizenship Program?
In order to qualify for the investment program you have to make a minimum investment that equals $400,000 U.S. dollars in one of the government approved real estate project. It is also essential that you pay government taxes and fees as applicable and also fulfill the formal requirements that have been specified by St. Kitts government.
When will Your Passport Arrive?
After you submit your initial application for citizenship, you should receive your passport within three to four months. If you want to try and speed up the approval, it is important to hire a reputable person for legal representation. These individuals can work closely with the Government of St. Kitts and Nevis to ensure that the processing of your application is seamless.
What are the Advantages of Citizenship in St. Kitts?
There are a number of benefits offered when you acquire St. Kits citizenship, which include being able to travel, visa free, to around 140 different countries, being able to participate in tax free trade with Canada, tax free status and duty free trade inside the Caribbean.
If you are considering Citizenship in St. Kitts & Nevis, visit the Caribbean Governance Consultants Inc. website for helpful information.