St Kitts & Nevis is located between the Atlantic Ocean and Caribbean Sea and it’s known for its mountains and beautiful crystalline beaches. In 2015, the island welcomed over 1 billion tourists which generated generated US$7.6 trillion (10% of global GDP) and 277 million jobs (1 in 11 jobs) for the global economy in 2014.
Its Citizenship by Investment Program was established in 1984 and its now one of the most respected citizenship program. However, the investment requirements are rigidly enforced due to diligence procedures.
This program is used to attract investors of good standing to contribute to the development of the Federation. In a return, the contributor has access to the citizenship and passport application within the strict guidelines of the law and the relevant regulations.
As we move into 2017, many more families are looking for these programs as an alternate security plan. A St Kitts passport allows one to travel to over 100 countries and territories, including all EU Schengen countries, Switzerland, UK, Ireland and many more.
But even if you are not looking to make an investment directly to the island, you can still have access to dual citizenship by making an investment to your family. By investing a certain amount to real estate, you get both a vacation home and the chance to provide your family amazing holidays.
St Kitts is voted one of the most beautiful islands in the Caribbean and it’s a prime destination for cruise ships and family vacations. With a mix of historic activities to scuba diving, this island has something for everybody.
The age of a parent to be treated as a dependent has been lowered from 65 to 55 which makes it much easier for those looking at St Kitts as an investment option for their future. Also, children under 30 years of age (prior 25) who are in a dependency relationship with their parents will be considered dependents. The addition of dependents, born after citizenship is granted and under the age of 16, are to be processed through the Ministry of National Security.
Sugar Industry Diversification Foundation Contributions:
- Minimum Contributions to the Sugar Industry Diversification Foundation to qualified persons
- Single Applicant US$250,000.00; Applicant with up to three dependents: US$300,000.00;
- Additional contribution for each additional dependent, regardless of age, will be US$25,000.00;
Real estate options:
Cades Beach Resort
Located on the sunset facing, west coast of island of Nevis, Cades Beach Resort is the perfect getaway for your private Caribbean delight. Positioned on 5.2 acres with over 650 feet of beach-front property, Cades Beach will feature approximately 100 keys in a mix of luxury standard and master suites, that will be sold individually, and 10 beach cottages, which will be retained by the resort group. Resort facilities will include a beach club, restaurant, fitness center, spa and pool.
Koi Resort & Residence
Koi Resort Residences is a 5-star luxury resort centrally located on 15 acres of prime beach front property, and it is only minutes from the airport and the town of Basseterre, which offers a wealth of local shops, trendy restaurants, bar and nightlife establishments, sure to attract high end tourists and business travelers alike. A 5-star management company, guaranteeing the best of service to guests and residents, will manage Koi Resort.