St Kitts Nevis is one of the Caribbean island countries. It is known for its acquisition of citizenship through investment which has been lasting for thirty years. This program engages foreigners to invest in different sectors especially in real estate to acquire permanent citizenship of the respective country. Here are a few important aspects about St Kitts passport program that one should bear in mind.
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.
Acquisition of citizenship through the HRF. The HRF is an acronym standing for hurricane relief fund. This program was started late twenty seventeen after the Irma and Maria hurricanes hit the Caribbean. This led to the loss of property hence the start of this project. The amount contributed for a single applicant is supposed to be one hundred and fifty thousand American dollars. This project is supposed to run for six months and ends on March two thousand and eighteen.
The sustainable development fund. This is a program which will be enrolled by the government in April. The amount is supposed to be invested in sustainable projects such alternative energy, healthcare, education infrastructure and other sustainable projects. It will need a contribution of one hundred and fifty thousand dollars for a single applicant. A family which has more than four members would be required to contribute one hundred and ninety-five thousand dollars.
Advantages of this consideration. You have a wide range of benefits to achieve the moment you have subscribed to this program. This starts with the capacity to sell your real estate project after five years. It has potential to sell at a profitable amount since this is a good tourist destination. Other benefits include the capacity to travel to about one hundred and sixty countries visa-free and acquisition of dual citizenship with an exception of the United States and Canada.
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.
St Kitts has been having citizen by investment for a long time hence they have established a good foundation for the success of many investments. They have also topped the list of one of the best tourism island and place to make your foreign ventures through the citizenship by investment program. Surprisingly, you do not have to pay any tax on your income when you are a citizen of this country.
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.
Acquisition of citizenship through the HRF. The HRF is an acronym standing for hurricane relief fund. This program was started late twenty seventeen after the Irma and Maria hurricanes hit the Caribbean. This led to the loss of property hence the start of this project. The amount contributed for a single applicant is supposed to be one hundred and fifty thousand American dollars. This project is supposed to run for six months and ends on March two thousand and eighteen.
The sustainable development fund. This is a program which will be enrolled by the government in April. The amount is supposed to be invested in sustainable projects such alternative energy, healthcare, education infrastructure and other sustainable projects. It will need a contribution of one hundred and fifty thousand dollars for a single applicant. A family which has more than four members would be required to contribute one hundred and ninety-five thousand dollars.
Advantages of this consideration. You have a wide range of benefits to achieve the moment you have subscribed to this program. This starts with the capacity to sell your real estate project after five years. It has potential to sell at a profitable amount since this is a good tourist destination. Other benefits include the capacity to travel to about one hundred and sixty countries visa-free and acquisition of dual citizenship with an exception of the United States and Canada.
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.
St Kitts has been having citizen by investment for a long time hence they have established a good foundation for the success of many investments. They have also topped the list of one of the best tourism island and place to make your foreign ventures through the citizenship by investment program. Surprisingly, you do not have to pay any tax on your income when you are a citizen of this country.
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