Updates:Al Ameri Tower, Office 2001, Floor 20, Al Barsha Heights, Dubai, UAE Read More
St. Kitts has recently made changes to its Saint Kitts and Nevis Citizenship 2024 program, mixed with good news and some may consider it difficulties or complications.
But the purpose of it is that the St. Kitts citizenship by investment program has made some changes in order to enhance its citizenship program to avoid restrictions from Britain and the rest of the countries you can enter with a St. Kitts passport.
What are the facilities and difficulties? What did Saint Kitts gain from these changes? What is its impact on investors wishing to obtain citizenship through investment? All these questions will be answered in our article.
Saint Kitts is a beautiful island located within the North American continent, and this country has adopted a citizenship program through investment in real estate or as a contribution to the state as a means of developing the country.
The Citizenship by Investment Program is mentioned in the Constitution of St. Kitts Section 3(5) of the Citizenship Act 1984 and the St Christopher and Nevis Regulations 2011.
Saint Kitts and Nevis is a beautiful Caribbean country consisting of two islands with stunning landscapes and pristine beaches mixed with British, African and French cultures, with air links to Europe and the rest of the world.
St. Kitts is an ideal place to own a second home and second citizenship because it has a stable and growing economy, as well as offering one of the safest and most regulated investment immigration schemes in the world.
The presence of many privileges in St. Kitts helps businessmen organize their wealth and opens up unique educational and health opportunities for family owners, not to mention that it will be a security and economic emergency plan and support for family owners and businessmen alike.
On July 19, 2023, Britain canceled the visa waiver program between itself and Dominica plus other countries due to its strategic concerns and to protect itself from the entry of unwanted people who could pose a threat to the kingdom.
Global Citizen Consultants expects the UK to consider expanding the range of countries it can enter on a visa. The actual processing time has not yet been determined, but the purpose of these modifications is to enhance Britain’s strong security.
For this reason, St. Kitts has modified some of its programs to align with British requirements, as entering Britain without a visa is one of the investor’s priorities when searching for citizenship by investment program.
These changes not only benefit St. Kitts to enter Britain, but also the rest of the countries that St. Kitts is working to enter in order to further enhance its passport. Evidence for this is that during the past two weeks, St. Kitts lifted the visa between itself and Canada, and also maintained its visa-free entry into Britain, although Britain began to require entry visas from citizens of several countries that it previously entered without a visa.
Meanwhile, St. Kitts is moving significantly up the list of world passports by finding new ways to benefit both investors and itself at the same time. These changes lead to more countries entering and gaining more confidence and guarantee in order to open international projects to help the investor and its citizens.
Saint Kitts and Nevis Citizenship 2024 program changes
◆ St Kitts and Nevis extended the contribution reduction from the SGF for 2024 but recently canceled it and then switched the SGF program with the SISG contribution.
◆ Increasing the value of the minimum real estate investment from 200,000 to 400,000 US dollars.
◆ Increasing the minimum investment value in a Public Benefit Project (PBP) from 175 to 250 thousand US dollars.
◆ The mandatory interview for family members aged 16 and over.
◆ Raise the minimum age for the parents of the main presenter from 55 to 65.
◆ Speeding up the security procedures for obtaining citizenship from 3 months to 2 months without additional fees. Previously, St. Kitts needed additional funds for fast processing.
◆ Kitts recently upgraded visa entry with many countries, led by Canada, Mexico, Georgia and Albania. This raised her passport strength rating and increased the number of countries whose citizens could enter without a visa.
◆ Iraqi nationals are not currently eligible to apply for the citizenship program in St. Kitts.
◆The siblings of the main applicant cannot apply anymore with him/her.
◆ Applicants must obtain Certificates of Registration (COR) either in person in St. Kitts or from the Embassy designated by St. Kitts.
◆ The most prominent feature St. Kitts has worked on is avoiding restrictions from Britain. This means entering Britain without a visa, and staying for 6 months each year. These facilities help businessmen and students to open businesses, receive treatment and get into universities from the best systems in the world.
◆ Unlike other countries, St. Kitts does not require taking an oath upon obtaining citizenship.
◆ The possibility of entering 155 countries without visa, and it ranks 23rd as the most powerful passport in the world, and among these countries: Russia, all Schengen countries, Britain and Canada.
◆ With a Saint Kitts passport, you can get US visa for 10 years with the possibility of residing in all Caribbean countries permanently.
◆ Neves has one of the best tax programs in the world with no taxes on capital gains, opening offshore corporations and corporations, as well as wealth. These regulations help organize businesses and resources in a safe and low-tax environment.
◆ Opportunity of opening offshore bank accounts and companies or expanding an already existing company in all Europe.
◆ Eligibility to add family members so that they can enjoy studying at prestigious universities and benefit from advanced medical systems.
◆ The St. Kitts Program Unit accepts dual citizenship and does not share citizenship data with third parties or with the place of residence of the investor, and the passport cannot be canceled for any reason. The citizenship program was created thirty years ago and since then it has been operating in the same way.
◆ This Caribbean Citizenship is one of the fastest and least demanding citizenship programs, and the reason is that St. Kitts does not require investors to reside in its territory at any time. Besides, St. Kitts does not require a language exam or any certification or experience. It is enough for an adult to invest in one of the available methods and just wait 5 months to obtain citizenship.
◆ You can resell the property to the same developer and then get a full refund of the amounts used to purchase the property.
◆ The spouse.
◆ Children under 18 years old.
◆ Children between the ages of 18 and 25 attending an educational institution and dependent on the main applicant.
◆ The Children with physical and mental disabilities
◆ Parents of the main applicant or the applicant’s spouse, who are 65 years of age or older, and dependents of the applicant or the applicant’s spouse
◆ The spouse
◆ The Children
◆ $250,000 for a single applicant
◆ $300,000 for a family of two
◆ $400,000 for a family of 4
With the possibility of reselling the property after 7 years and obtaining a rental return or a return during the resale.
◆ 400 ,000$for residential units
◆ $800,000 for a single family home
The first step is to choose an office approved by the Government of St. Kitts. Then the documents and forms will be collected and submitted by the accredited company to the Government of St. Kitts.
After that, the papers are considered for a week, and the investor is notified if there are missing documents, after which he has to wait for 3 months for government approval to come.
Once approval is obtained, the investor can invest in one of the available ways. Citizenship will be obtained and after two weeks a passport will be issued to all applicants.
Nationals of the countries listed here cannot apply for this program at this time: Iraq, Russia, Belarus, Iran, Afghanistan, North Korea, and Cuba.
You can reach us through our offices spread all over the world. You can also leave a message and inquiry on our online contact page to have one of our experts assist you in the St. Kitts citizenship field. It should be noted that Global Citizen Consultants is an approved government agent and has long experience in the field of citizenship by investment.
Subscribe us & get
latest news & articles to inbox.