Monday, June 25, 2012

Incentives and Requisites For St Kitts Economic Citizenship Investment

The government of St Kitts and Nevis provides a wide array of incentives so that foreign investment is attracted towards procuring a St Kitts and Nevis citizenship.

St. Kitts and Nevis citizenship by investment!

Types of incentives:
  • One of the incentives that the government of this country provides is based upon the citizenship law of this place. According to the law framed for citizenship of this country in the year 1984 and Chapter VIII of the Constitution of this Federation, it is possible to get a citizenship to this Federation on the grounds of St Kitts economic citizenship
  • There are certain conditions that one should meet while considering to get a St Kitts and Nevis citizenship.
  • The incentives that this place provides include certain tax exemptions on the money that is acquired from other countries. 
  • A citizenship to this country also has the advantage of gaining an internal passport from this place. 
  • A visa free systematic plan has been agreed upon by the Federation and the European Union in the year 2009. This is a reciprocal affiliation and proves the respect and authenticity of the program run. 
  • According to the above mentioned criteria, the citizens of this Federation can be there up to three months in the European Union countries within a span of six months without going through the hassle of applying for a visa. 
St. Kitts and nevis citizenship by investment program

Requisites for St Kitts economic citizenship:
  • There are dual options that are available to qualify as an investor who is applying for a St Kitts and Nevis citizenship:
  • The first is to invest in the purchase of property which should come under an approved project of investment. These investments should be done in those areas which are particularly allotted for this purpose in these two islands. The minimum purchase of the property must be 450 000 dollars and the property once purchased cannot be re sold within a span of five years. 
  • The second option that is available for investors is to donate a non refundable amount of 250,000 dollars in the Sugar Industry Diversification Foundation. This amount would vary according to the increase in the number of family members. 

Apart from the above criteria, there is a registration fee that is to be paid which varies for the main applicant, the spouse and other family members. You can go through a local service provider if you are interested in applying for St Kitts economic citizenship investment.

Get more information about St kitts and nevis citizenship please visit our website – or contact us Tel:- +1.869.4661712. Fax:- +1.869.4652452 , Address:- Belmont Resort Ltd PO Box 1208 A-10 Sands Complex Bay Road, Basseterre St. Kitts, West Indies.

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