St Kitts Nevis is one of the Caribbean island countries. It is known for its acquisition of citizenship through investment which has been lasting for thirty years. This program engages foreigners to invest in different sectors especially in real estate to acquire permanent citizenship of the respective country. Here are a few important aspects about St Kitts passport program that one should bear in mind.
Investment in real estate. An investor who intends to venture into real estate has to achieve certain expectations. The basic amount supposed to invest is about four hundred thousand dollars with an exception of tax payment, government fee, and citizenship costs. Check for the best and approved real estate Company working in this country to ensure that your investment is made in the right way.
Citizenship through government funds. You can as well acquire citizenship in this country through a program known as the sugar industry diversification foundation or the SIDF. The amount is used to compensate members of the sugar workers. This amount is non-refundable, but it is worth investing since it amounts to two hundred and fifty thousand.
Visa through hurricane relief fund. The government announced this ideology after the hurricane which hit the Caribbean on September two thousand and seventeen. The amount is used as a relief to help those who were affected by the disaster. The amount is also one hundred and fifty thousand dollars and will only run until March twenty eighteen.
The sustainable development fund. This is a program which will be enrolled by the government in April. The amount is supposed to be invested in sustainable projects such alternative energy, healthcare, education infrastructure and other sustainable projects. It will need a contribution of one hundred and fifty thousand dollars for a single applicant. A family which has more than four members would be required to contribute one hundred and ninety-five thousand dollars.
Importance of choosing this option. This is an opportunity for any foreigner to make a lasting investment in this country. Since this place is a luxurious tourist destination, you can make a fortune from your real estate project which is allowed to be sold after five years. Another interesting fact is that you can access more than one hundred countries worldwide without a visa and acquire dual citizenship unless you are an American or Canadian.
Choose a consultancy agency. You do not need to travel to St Kitts to access these services. You can consider an international consulting firm which has been approved by the government of this country. You should conduct a thorough evaluation of the firm you intend to depend on since some of them might be frauds.
St Kitts has been having citizen by investment for a long time hence they have established a good foundation for the success of many investments. They have also topped the list of one of the best tourism island and place to make your foreign ventures through the citizenship by investment program. Surprisingly, you do not have to pay any tax on your income when you are a citizen of this country.
Investment in real estate. An investor who intends to venture into real estate has to achieve certain expectations. The basic amount supposed to invest is about four hundred thousand dollars with an exception of tax payment, government fee, and citizenship costs. Check for the best and approved real estate Company working in this country to ensure that your investment is made in the right way.
Citizenship through government funds. You can as well acquire citizenship in this country through a program known as the sugar industry diversification foundation or the SIDF. The amount is used to compensate members of the sugar workers. This amount is non-refundable, but it is worth investing since it amounts to two hundred and fifty thousand.
Visa through hurricane relief fund. The government announced this ideology after the hurricane which hit the Caribbean on September two thousand and seventeen. The amount is used as a relief to help those who were affected by the disaster. The amount is also one hundred and fifty thousand dollars and will only run until March twenty eighteen.
The sustainable development fund. This is a program which will be enrolled by the government in April. The amount is supposed to be invested in sustainable projects such alternative energy, healthcare, education infrastructure and other sustainable projects. It will need a contribution of one hundred and fifty thousand dollars for a single applicant. A family which has more than four members would be required to contribute one hundred and ninety-five thousand dollars.
Importance of choosing this option. This is an opportunity for any foreigner to make a lasting investment in this country. Since this place is a luxurious tourist destination, you can make a fortune from your real estate project which is allowed to be sold after five years. Another interesting fact is that you can access more than one hundred countries worldwide without a visa and acquire dual citizenship unless you are an American or Canadian.
Choose a consultancy agency. You do not need to travel to St Kitts to access these services. You can consider an international consulting firm which has been approved by the government of this country. You should conduct a thorough evaluation of the firm you intend to depend on since some of them might be frauds.
St Kitts has been having citizen by investment for a long time hence they have established a good foundation for the success of many investments. They have also topped the list of one of the best tourism island and place to make your foreign ventures through the citizenship by investment program. Surprisingly, you do not have to pay any tax on your income when you are a citizen of this country.
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