The investment migration experts at Astons explain the perks of purchasing property in St Kitts and Nevis – a Caribbean country running the oldest and most successful Government Approved Citizenship by Investment programme. 

Invest in St Kitts and Nevis property and obtain a second passport

The St Kitts and Nevis programme for foreign investors enables you to obtain a passport of this Caribbean country through property investment. You can buy a luxury villa, resort or hotel (or a room therein) at the cost of $200,000–$400,000.

According to this programme, you can choose the best fitting option: invest $200,000 and become a shared proprietor (villas are often purchased for two families) or buy a property for $400,000 and become a sole proprietor of a seaside house. Later on, you can exit the investment: in five years if you invested $400,000 and in seven years if you invested $200,000. Naturally, selling the property will not affect your obtained citizenship in any way.

Invest in St Kitts and Nevis property and gain the freedom of movement across the globe

By purchasing property within the St Kitts and Nevis Citizenship by Investment, you will receive a second passport allowing you to travel the world without limitations. The citizenship of this Caribbean country enables you to enter 152 countries without a visa, including the EU and the UK.

This factor becomes crucially important in the times of the pandemic. The passport of St Kitts and Nevis provides you an opportunity to exit your country of origin and enter most of the countries in the world – regardless of the current geopolitical situation.

Invest in St Kitts and Nevis property and obtain passports for the entire family

By purchasing real estate in St Kitts and Nevis, you can obtain a passport not only for yourself but also for your extended family: spouse, financially dependent children under 30 years of age, parents and grandparents over 55 years old. It’s a very lucrative offering compared to other immigration programmes. You can obtain citizenship in this Caribbean country very fast – in just 45–60 days.

A seaside villa or hotel will enable your family to spend most of the year by the sea enjoying a beautiful climate, white-sand beaches, tropical plants and ecological products. Moreover, many business people use their St Kitts and Nevis dwelling themselves – as an office for remote work.

Invest in St Kitts and Nevis property and make tangible profits

Even during the global crisis, forward-looking investors purchase property that will yield profits. Buyers of resorts and hotels in St Kitts and Nevis count on the tourist industry recovery and growth of the Caribbean property market.

According to the experts, renting out property in St Kitts and Nevis generates a profit of 2-3%. In the high season (from December to April in the Caribbean region), three-bedroom villas by the sea are rented out for $2,000–$3,000 per week.

Another financial perk of the St Kitts and Nevis passport obtained through property purchase is the relaxed taxation regime of this country. The local tax system is easy, transparent and highly attractive to foreign investors. Citizens of St Kitts and Nevis don’t pay global income taxes, taxes on dividends, wealth or inheritance.

Astons is a leading global immigration advisory firm with offices worldwide. We offer residency & citizenship investment solutions in Europe and the Caribbean. For further information or to discuss your personal circumstances in a private consultation, please contact Astons at [email protected].