News & Views
Dixcart News features a selection of topical Articles. Please feel free to use ‘Search’ or the Filters below to locate the Article that best matches your needs and interests.
St Kitts and Nevis Citizenship by Investment – Final Reminder to Take Advantage of The Temporary Cost Reduction
St Kitts & Nevis offers one of the oldest and most respected programmes of its kind and grants qualified applicants instant visa-free access to over 150 countries. There is no requirement to travel to St Kitts & Nevis and there are no annual residency rules to maintain the passport.
St Kitts & Nevis is offering a 23% discount for a family of four on citizenship, until the end 31 December 2021.
In 2020, As part of an island stimulus package, the St Kitts & Nevis Government introduced a temporary cost reduction to the Sustainable Growth Fund (SGF), allowing a family of four to benefit from a discount of US$45,000. In March 2021, they announced this cost saving will continue until 31 December 2021.
|– The cost for an applicant and spouse is now US$150,000, a reduction of US$25,000.|
– The cost for a family of four has been reduced from US$195,000 to US$150,000, a reduction of US$45,000.
Not only that, but the St Kitts & Nevis Government also announced a further incentive. Until November 2022, the sale of private homes, under the St Kitts & Nevis Citizenship by Investment programme, has been approved.
This exciting change means that any private home with an appraisal value of $400,000 or more, is eligible for investors to apply for citizenship (subject to certain criteria). Therefore, for a limited period, the range of potential real estate options has never been broader!
READ MORE: For more information on the investment routes available under the St Kitts & Nevis Citizenship by Investment Programme, click here.