St Kitts Nevis citizenship by investment Program is an economic citizenship program granting St. Kitts and Nevis citizenship and a second passport. St. Kitts and Nevis citizenship by investment allows for successful applicants for St. Kitts and Nevis citizenship to hold a second citizenship. Dual citizenship is recognised by St. Kitts and Nevis through the Citizenship by Investment Program.
St. Kitts Nevis Economic citizenship program has been of tremendous benefit to the island because through this second citizenship program many significant financial injections are made into the real estate sector and sugar industry diversification fund.
St Kitts Nevis citizenship-by-investment was introduced in 1983. The economic citizenship program is often referred to as the St. Kitts second passport program. St. Kitts second citizenship is available to anyone seeking dual citizenship status. St. Kitts and Nevis citizenship-by-investment program makes second citizenship available through two major channels.
One of the routes that qualify investors for St. Kitts Nevis economic citizenship is the Real Estate Investment option and the second route involves making a contribution to the sugar industry diversification fund (SIDF). St. Kitts and Nevis citizenship by investment program was designed around these two plans for the purpose of developing the real estate sector and stimulating economic diversification following the collapse of the St. Kitts and Nevis sugar industry.
While the real estate option for St. Kitts and Nevis citizenship-by-investment program does not consider the number of persons (in a family) that are put on an application for St. Kitts and Nevis second citizenship; it is solely based on a minimum real estate investment value of US $400,000. Contribution value for the sugar investment diversification fund is based on the number of persons (in a family) in an application for the St Kitts Nevis Citizenship-by-Investment program. St. Kitts and Nevis citizenship program is properly administered and regulated. This structure is easy to understand and allows for different size families to make reasonable economic contributions to the twin island federation.
The St. Kitts and Nevis Citizenship Program present the possibility of acquiring dual citizenship and a second passport by applying to the St Kitts Nevis citizenship by investment plan. Under this economic citizenship program there is no requirement to renounce one’s current citizenship or others that are held by any single or other members in a family. To obtain St. Kitts and Nevis citizenship by investment St. Kitts authorities ensure that due diligence investigations are carried out on every applicant who is above the age of 16.
The Federation of St. Christopher and Nevis is commonly known as St. Kitts and Nevis. St. Kitts and Nevis which carry out the citizenship by investment program is located in the Lesser Antilles. St. Kitts and Nevis under the St. Kitts and Nevis citizenship by investment program provides free travel throughout member countries of the Organisation of Eastern Caribbean States and CARCOM as well as to Schengen countries for which visa restrictions were eased for St. Kitts and Nevis citizens.