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Does St. Kitts & Nevis Allow Dual Citizenship?

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Date Published: September 17, 2020 | Date Updated: September 17th, 2020
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By September 17, 2020 No Comments

The British Commonwealth island of St. Kitts & Nevis runs a Citizenship by Investment program that offers investors second citizenship and passport. One of the many benefits of holding St. Kitts & Nevis passport is that it still recognizes dual citizenship, meaning when applying to their Citizenship by Investment program, investors will never be asked to renounce their nationality of origin.  

Benefits of Dual Citizenship 

  • Obtain irrevocable citizenship and passport
  • Protected by the government citizenship law
  • Peace of mind for you and your family
  • Save time with a fast and permanent solution
  • Immediate access to 150+ countries without a visa
  • Guaranteed citizenship provided clear criminal records are proven
  • Take full control of your wealth
  • Improve your family’s life and security
  • Obtain a reliable and stable citizenship
  • Register assets with no restrictions
  • Experience tax advantages
  • Freely open companies and bank accounts

St. Kitts & Nevis Citizenship by Investment 

St. Kitts & Nevis Citizenship by Investment program is the oldest investment program in the world. Launched in 1984, St. Kitts & Nevis created this program to strengthen its relationships with the rest of the world and to drive economic growth further while cementing the country as a formidable place for investment.

You might also like: Limited Time Offer – Save $45,000 on St Kitts & Nevis Citizenship by Investment 

Today, the St. Kitts & Nevis Citizenship by Investment program is considered affordable second citizenship and passport option as many investors, in recent years, have now realized the value in investing in alternative investment programs that fall outside of Europe.

So how do investors secure second citizenship and passport for St. Kitts & Nevis? 

They can do this in two ways:

  • Invest in the Sustainable Growth Fund (SGF)

This investment option requires investors to invest in the government’s Sustainable Growth Fund – a fund that was created in 2018 – through a non-refundable contribution. Single applicants are required to pay $150,000 to the SGF, and a family of four are required to pay $195,000. Additional dependents cost $25,000. 

Limited Time Offer

Due to the knock-on effect that the COVID-19 pandemic has had on the St. Kitts & Nevis economy, the government has reduced its investment requirements for a family of 4. Active now, and only valid until 31 December 2020, the family contribution has gone down by $45,000 to $150,000 through the Sustainable Growth Fund.

 

  • Invest in Real Estate Property

This investment option requires investing in designated, government-approved real estate property that holds a minimum investment value of $400,000 (resalable after five years only) or minimum investment value of $200,000 (resalable after seven years only). 

There are still additional government and due diligence fees that need to be paid on top of both these options*

Benefits of St. Kitts & Nevis Citizenship 

Investors get to experience several benefits when investing in St. Kitts & Nevis citizenship and passport, namely:

Lifetime citizenship

St. Kitts & Nevis offers investors and their families permanent citizenship and passport that lasts a lifetime. 

Fast-track process

While the time to citizenship can take between 4-6months, there is also an option of an accelerated application process of 90 days.

Visa-free and visa-on-arrival access

Obtaining a St. Kitts & Nevis passport will entitle investors to travel to over 150 countries visa-free or visa-on-arrival. Some of these countries include Greece, Portugal, Russia, Hong Kong and the United Kingdom.

Tax benefits

Investors can enjoy numerous tax advantages such as not having to pay taxes on wealth, inheritance and gifts.  

No need for residency

Investors do not need to live or reside in St. Kitts & Nevis when applying for second citizenship and passport. 

Apply Today

Savory & Partners is an authorized, government-approved agency that assists families looking to invest in Citizenship, Residency and Immigration by Investment programs. We help investors with the entire application process, securing all the necessary paperwork and due diligence reports, and have a zero % failure rate. 

Investors must understand each country’s program has different requirements that are regulated by their own governing bodies. Not everyone can qualify for second citizenship and passport. Therefore, it is essential investors deal with specialist agents who can give them the best advice when enquiring. 

Book your free consultation today with one of our professionals, and we will tend to all your queries. Or contact us to learn more about the program offerings and their various benefits to secure a safer, more stable and better future for you and your family.

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Jeremy Savory

About Jeremy Savory

Jeremy Savory, the founder and CEO of Savory and Partners, runs one of the world’s leading HNW citizenship by investment firms. The second passport company has coverage in over 20 jurisdictions including Europe.