BASSETERRE, St Kitts — The St Kitts and Nevis citizenship by investment (CBI) programme has released a final reminder to those interested in investing in second citizenship under the temporarily reduced investment module – the Hurricane Relief Fund – scheduled to end on 30 March 2018.
Established after a challenging hurricane season, the Hurricane Relief Fund was announced as a temporary option for prospective citizens around the world, who wish to invest in the world’s oldest economic citizenship programme.
With a booming tourism sector, the Federated island-nation in the Caribbean is enjoying unprecedented economic growth, and prestigious hotel brands are collaborating to “meet the increased demand for luxury travel offerings” – a comment shared by global brand leader for The Ritz-Carlton, Lisa Holladay.
Noting the lower investment threshold of US$150,000 for a family of four, CEO of the CBI Unit, Les Khan, said, “We encourage individuals and families to take the opportunity to invest at a lower threshold for a product that is uncompromised in its quality.”
The government also made provision for applications of more than four persons at US$25,000 per additional dependant, regardless of age.
Benefits of the programme include:
Visa-free access and visa-free on arrival to over 150 countries and territories worldwide
60 days guaranteed citizenship with the Accelerated Application Process (AAP)
No requirement to reside in St Kitts and Nevis
Complete discretion and privacy throughout the application process and citizenship
A low tax regime, with zero taxes on worldwide income, capital gains and inheritance
Strong investment opportunities in a growing economy