Looking for a safe haven and/or a powerful passport in the times of the pandemic, many affluent individuals opt for St Kitts and Nevis – a two-island country with a perfect climate and well-developed infrastructure.
The country has the oldest investment migration programme – running since 1984. Once the application is submitted and investment made, you can expect to obtain the passport for yourself and your family within two months. This citizenship unlocks visa-free travel to 156 countries, including the EU and the UK.
What options do investors have in St Kitts and Nevis?
First and foremost, invest into government-authorised real estate – hotels, villas, condos, etc. The investment should be at a minimum of $200,000 held for 7 years, or $400,000 held for 5 years. By the way, St. Kitts and Nevis is the only country in the Caribbean that has five branded hotels: Four Seasons, Marriott, the Park Hyatt, the Koi, and Ramada.
Secondly, you can make a non-refundable contribution to the Sustainable Growth Fund (SGF). The minimum investment here is $150,000. Until the end of the year, this sum will also include three dependents (i.e., a spouse and two children)!
Investment in Saint Kitts and Nevis provides some tangible perks, including the ones offered by the authorities to the locals, and constitutes a smart plan B.
Astons is a leading global immigration advisory firm with offices worldwide. We offers 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].
