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The conditions for residency in Saint Kitts & Nevis are becoming a significant concern for many international investors due to the country's attractive immigration program. So, what specific requirements do prospective applicants need to meet? Let's explore these details Saint Kitts & Nevis Residency conditions in the article below to help you make an informed choice for your future.
Saint Kitts & Nevis is an island nation located in the eastern Caribbean Sea, part of the Leeward Islands and consisting of two main islands, Saint Kitts and Nevis. The capital, Basseterre, is located on the larger island of Saint Kitts.
Despite its modest size and small population, Saint Kitts and Nevis proudly claim the title of the smallest country in the Western Hemisphere, offering visitors a tranquil, intimate atmosphere that is incredibly relaxing. Furthermore, the country is a member of the Caribbean Community, the Organisation of Eastern Caribbean States, and the Commonwealth.
Saint Kitts & Nevis is a place that attracts many people for residency purposes.
To qualify for residency under Saint Kitts & Nevis' immigration program, you need to meet the following criteria:
Requirements for residency in Saint Kitts & Nevis for the principal applicant include:
You need to meet certain residency requirements for Saint Kitts & Nevis.
Dependents accompanying the principal applicant can include up to 3 generations (from grandparents, parents to unmarried children under 30 years old without financial independence). Specifically:
Additionally, all mentioned individuals must have a clear legal record, no history of legal violations, be in good health, and participate in an interview if over 16 years old.
You can choose from one of the following 4 investment options:
Contribution to the SISC Fund
Continuing to replace the Sustainable Growth Fund (SGF) introduced on April 1, 2018, when you want to participate in Saint Kitts and Nevis residency, you must now contribute to the Sustainable Island State Contribution (SISC) Fund. This fund aims to support the economic and social development of the islands of Saint Kitts and Nevis.
Required contributions from SISC include:
You also need to submit the following fees:
Assessment fee is USD 10,000 for the main applicant, plus an additional USD 7,500 for each dependent over 16 years old.
Passport fee per person is USD 350..
All expenses you sponsor include the total investment capital, assessment fees, legal fees (lawyers/agents), and passport fees.
The investment conditions that need to be met for residency in Saint Kitts & Nevis.
Real Estate Investment
The list of real estate available in Saint Kitts and Nevis that you can invest in includes the Southern Athens Vario018 villa project, Athens AT062 apartment project, Western Athens Iliso apartment project, high-end T-Code018 villa project, Athens,....
Real estate is an investment channel that allows capital recovery, and you must invest at least USD 400,000 and keep it for 7 years before selling, including registration fees and other incidental fees..
When your residency application is approved through real estate investment, the government will collect fees as follows:
The main applicant must pay USD 35,000.
The spouse/partner of the main applicant must pay USD 20,000.
Each other eligible dependent of the main applicant must pay USD 10,000.
The assessment fee for this investment is USD 10,000 for the main applicant and USD 7,500 for each dependent over 16 years old.
Approved Private Housing Investment
With this investment project, under the conditions of residency in Saint Kitts & Nevis, you will have 2 options to choose from:
Investing in a condominium with a budget starting from USD 400,000.
Investing in a private house with prices starting from USD 800,000.
Investment in private real estate is limited to a single investor. Any resale transaction for investors with different citizenship must be approved by the Federal Council, under the condition that the investor demonstrates a significant investment plan for upgrading or additional construction for real estate.
Investment in Public Projects To be eligible to participate in public project investments, investors need a minimum investment capital of USD 250,000..
Our company is a reputable bridge, providing immigration investment solutions to support customers in obtaining second citizenship in European countries, especially in the Schengen area and beautiful islands in the Caribbean legally and easily. Therefore, we are confident that we are the best choice for you if you want to obtain Saint Kitts & Nevis citizenship as quickly as possible.
Our company helps you acquire Saint Kitts & Nevis citizenship quickly.
Moreover, when you apply for residency in Saint Kitts & Nevis with us, you will receive:
Free consultation on the Saint Kitts & Nevis residency program.
Assistance in preparing complete and accurate residency application documents.
Representation to submit your application and monitor the approval process.
Dedicated after-settlement services.
These are all the details regarding the residency requirements for Saint Kitts & Nevis and the residency program on this island that you need to know. With straightforward residency conditions, it's more convenient if you want to live here. Furthermore, if you want your Saint Kitts & Nevis residency application process to be smooth and simple, please contact us at website: https://quoctichthuhai.com/ for assistance!
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