The acquisition of foreign citizenship through investment is popular in the Caribbean countries. St Kitts is the oldest nation which started this program and this year marks their thirtieth year since its inception. Foreigners who intend to consider this option need to learn a few aspects. The following are facts about St Kitts passport program to consider.
Investment in real estate. An investor who intends to venture into real estate has to achieve certain expectations. The basic amount supposed to invest is about four hundred thousand dollars with an exception of tax payment, government fee, and citizenship costs. Check for the best and approved real estate Company working in this country to ensure that your investment is made in the right way.
Citizenship through the SIDF. The SIDF or the sugar industry diversification fund has been running for years now. The amount raised through this contributions is supposed to be used to reimburse people who were working as sugar workers. The amount is non-refundable, and the contribution is worth a quarter million dollars.
The hurricane relief fund. This is an investment meant to help St. Kitts citizens who were affected by the hurricane of September twenty-seventeen. This will run for six months. Investors are supposed to invest one hundred and fifty thousand dollars in acquiring citizenship.
Also, people acquire a visa through funds for sustainable development. This kind of fund is meant to improve on the facilities and service provision of this country. A foreign investor will only require contributing one hundred and fifty thousand dollars or a single applicant. A family which exceeds four members is supposed to contribute one hundred and ninety-five thousand dollars. The amount is supposed to be used in improving medical care, infrastructure, energy and other projects.
Importance of choosing this option. This is an opportunity for any foreigner to make a lasting investment in this country. Since this place is a luxurious tourist destination, you can make a fortune from your real estate project which is allowed to be sold after five years. Another interesting fact is that you can access more than one hundred countries worldwide without a visa and acquire dual citizenship unless you are an American or Canadian.
Choose a consultancy agency. You do not need to travel to St Kitts to access these services. You can consider an international consulting firm which has been approved by the government of this country. You should conduct a thorough evaluation of the firm you intend to depend on since some of them might be frauds.
It is certain that acquiring citizenship in this place is the best idea for a prospective investor. This place is ranked one of the best places in the Caribbean to visit due to its stable government. Citizens have the privilege of tax exemption for any trade done internationally or locally.
Investment in real estate. An investor who intends to venture into real estate has to achieve certain expectations. The basic amount supposed to invest is about four hundred thousand dollars with an exception of tax payment, government fee, and citizenship costs. Check for the best and approved real estate Company working in this country to ensure that your investment is made in the right way.
Citizenship through the SIDF. The SIDF or the sugar industry diversification fund has been running for years now. The amount raised through this contributions is supposed to be used to reimburse people who were working as sugar workers. The amount is non-refundable, and the contribution is worth a quarter million dollars.
The hurricane relief fund. This is an investment meant to help St. Kitts citizens who were affected by the hurricane of September twenty-seventeen. This will run for six months. Investors are supposed to invest one hundred and fifty thousand dollars in acquiring citizenship.
Also, people acquire a visa through funds for sustainable development. This kind of fund is meant to improve on the facilities and service provision of this country. A foreign investor will only require contributing one hundred and fifty thousand dollars or a single applicant. A family which exceeds four members is supposed to contribute one hundred and ninety-five thousand dollars. The amount is supposed to be used in improving medical care, infrastructure, energy and other projects.
Importance of choosing this option. This is an opportunity for any foreigner to make a lasting investment in this country. Since this place is a luxurious tourist destination, you can make a fortune from your real estate project which is allowed to be sold after five years. Another interesting fact is that you can access more than one hundred countries worldwide without a visa and acquire dual citizenship unless you are an American or Canadian.
Choose a consultancy agency. You do not need to travel to St Kitts to access these services. You can consider an international consulting firm which has been approved by the government of this country. You should conduct a thorough evaluation of the firm you intend to depend on since some of them might be frauds.
It is certain that acquiring citizenship in this place is the best idea for a prospective investor. This place is ranked one of the best places in the Caribbean to visit due to its stable government. Citizens have the privilege of tax exemption for any trade done internationally or locally.
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When you are looking for information about the St Kitts passport program, come to our web pages online today. More details are available at http://www.repropertiescaribbean.com/passport-program now.
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