ST. KITTS AND NEVIS PASSPORT
USD 150,000 For a family of 2-4
This March, 2021, the government of St. Kitts and Nevis announced a reduction of USD 45,000 for a family of four, bringing the investment amount to the Sustainable Growth Fund to USD 150,000 instead of USD 195,000.
Saint Kitts and Nevis was the first country to introduce a Citizenship by Investment Program in 1984, facilitating the second citizenship opportunities for individuals from around the world. Today, a St. Kitts and Nevis passport is considered one of the top 25 passports in the world, delivering freedom of travel.
A St. Kitts and Nevis passport gives the opportunity for a visa-free travel to more than 130 countries, including the UK and the Schengen area. Those pursuing the Citizenship by Investment Program in St. Kitts and Nevis are also eligible to apply for a 10-year visa for the US, facilitating business immigration.
The government of St. Kitts and Nevis has also introduced legislation designed to attract financial service businesses through its Citizenship by Investment Program, expanding real estate investment opportunities that enable more global businesspeople to obtain the second passport.
Saint Kitts and Nevis citizen by investment can get any of the few real estate options, which are Ocean Grove Villas, Windswept Residence Club, Embassy Suites by Hilton, Four Seasons Nevis, Pinney’s Beach Villas, Park Hyatt St. Kitt and Christophe Harbour.
BENEFITS OF ST. KITTS AND NEVIS PASSPORT
– No income or inheritance taxes
– Applications and documents may be submitted remotely
REQUIREMENTS FOR ST. KITTS AND NEVIS PASSPORT
– Property must be held for 7 years
– Payment of government fees
– Applicants must undergo a medical examination
– Applicants must undergo a security screening
Real estate investment of USD 200,000 (minimum) plus government fees
Single applicant USD 150,000, spouse USD 25,000, dependents USD 10,000 each, donation to the Sustainable Growth Fund.
Owning private home of USD 400,000, (minimum) plus government fees*.
*Limited time offer. Until 1st of November 2022
There are many economic gains that await those who wish to acquire the second citizenship at St. Kitts and Nevis. St. Kitts and Nevis passport holders are presented with some unique business opportunities, especially for digital nomads. Internet banks are very popular here, with the country holding the title for online banks that have been engaged in the sale of financial services from 2011-2013.
Entrepreneurs looking to gain St. Kitts and Nevis citizenship may look to the emerging industries of machinery, food, electronics, beverages and tobacco.
Education in St. Kitts and Nevis is free and compulsory from ages 5 to 12. Despite 12 being a young age for children to be allowed to quit school, the country still has a 91% high school enrollment rate.
Higher education is led by one main tertiary school — The Clarence Fitzroy Bryant College. Those with St. Kitts and Nevis citizenship can pursue careers in arts & sciences, health and wellness, teacher education, and management studies.
The real estate industry is booming in St. Kitts and Nevis, motivating them to build a private jet airport for the wealthy who aspire to buy second homes on the beautiful island. This boost of income has even allowed the government to greatly enhance housing conditions for the general population.
For investors, condos and homes run at the average cost of about $575,000, but rental yield is quite low at 5.11%.
St. Kitts is a relatively small country, but it has four developed hospitals and 17 health clinics across its two islands. Medication costs are kept low by bulk buying with neighboring countries, making it a fine choice for those with monthly prescriptions.
It should be noted that advanced procedures requiring complex invasive surgery will need to be completed in bigger hospitals of neighboring countries.
For a guide on how to choose the best option that suits your need, please get in touch with us at Apex Capital Partners.
APEX sells and develops real estate internationally. Learn more about our end-to-end client representation and project management from concept to completion.
Offering a comprehensive suite of financial and advisory services, APEX assists clients in navigating the complexities of international investing.
APEX empowers clients with a range of investment advice, enabling more informed decision-making and the accomplishment of their financial goals.
OCEAN GROVE VILLAS
In 2013, APEX broke ground on the Ocean Grove project, located on Sandy Bank Bay at Christophe Harbour in St. Kitts and Nevis. The project comprises 47 villas on the stunning Southeast Peninsula.
WINDSWEPT RESIDENCE CLUB
Located in a quiet enclave of Sandy Bank Bay, St. Kitts and Nevis, this project has 9 turnkey villas available for equity share purchase and fractional ownership.
EMBASSY SUITES BY HILTON ST. KITTS
Embassy Suites By Hilton, a Pelican Bay Development Project, is ideally located in Frigate Bay, one of the most extensively and tastefully developed areas of the island. Great activities, shopping and water sports are available a short distance away.
FOUR SEASONS NEVIS. PINNEY’S BEACH VILLAS
The Villas at Four Seasons Resort, Nevis, are a selection of chic, architect-designed homes nestled just minutes from the most beautiful beach on Nevis. Each home is truly unique offering a variety of features including private pools, spacious terraces and landscaped gardens.
PARK HYATT ST. KITTS
Range Developments is currently building the Park Hyatt St. Kitts, a future five-star luxury resort on Banana Bay. This five-star state-of-the-art resort that is minutes from the most beautiful beaches, is set within the ultra-luxury Christophe Harbour resort community of St. Kitts.
CHRISTOPHE HARBOUR MARINA
Christophe Harbour, a luxury resort development on the island of St. Kitts, delivers upscale amenities and state-of-the-art facilities in a natural setting of unparalleled beauty. The community centerpiece is a 300-berth super-yacht marina and village.
Founder of Apex Capital Partners Corp.
«St. Kitts and Nevis is one of the world’s most sought-after destinations, both for travel and to acquire a second home.» With its stable economy and attractive investment programs, Saint Kitts is rightly named to annual lists of the world’s top sixteen Caribbean leisure destinations and ten best islands.»