A passport from St Kitts & Nevis grants you visa-free access to over 150 countries – including all EU countries, the Schengen Area and Commonwealth nations. The programme is ideal for investors who do not desire to live on the islands as well as those who will not even have to visit the island to acquire their citizenship status. Added benefits of the programme include the ability to be accompanied by their spouse, dependent children and dependent parents aged 55 or over, as well as benefiting from no taxes that are chargeable on worldwide income.
St Kitts & Nevis Citizenship by Investment programme was the first of its kind that was established in 1984. This makes it the longest-running programme of its kind in the world! The aim of the programme is to attract investment to benefit the development of the country and further its economic diversification. In return, applicants can choose between two straightforward routes of investment or contribution, which both offer accelerated citizenship status at relatively low amounts (compared with some European Golden Visa programmes)
The processing time for each application currently stands at around four to six months for either the contribution or investment option.
However, as of October 2016 the government added a 60-day accelerated processing option for an additional fee of US$25,000 for the main applicant and US$20,000 for each dependant over 16. There is also a US$500 passport fee per applicant under the accelerated processing option. These payments include due diligence fees and prompt process to a maximum of 60-days – but applications have been known to be completed within 45 days! This makes the St Kitts & Nevis’ programme even faster than the Cyprus’ investment visa programme.
Here at Coates Global, our consultancy experts have successfully helped countless investors obtain a global citizenship as well as Golden Visa – and we are proud to maintain a 100% client satisfaction rating. From helping applicants choose the right investment strategy to applicants receiving their passport or residency permit in their hands – Coates Global keeps all our clients informed about every stage of their application procedure.
Contact one of our global consultants today, who will be happy to discuss all queries in relation to either a Citizenship by Investment or a Golden Visa programme.