Ian Henery Solicitors Ltd.  are pleased to be working with Nevis International Trust Co. Ltd. (authorised by the Government of St. Kitts & Nevis) to assist Hong Kong citizens to move to the beautiful tropical paradise of St Kitts and Nevis in the Caribbean.

The government of St. Kitts and Nevis are offering 2 routes to gaining citizenship and a passport to the lovely Caribbean islands:-

1. A donation of USD150,000 to the Sustainable Growth Fund of the government of St. Kitts & Nevis, or
2. A minimum USD200,000 investment in government approved property schemes and to hold the investment for a minimum of 7 years  after which it can be sold without loss of citizenship, or a minimum USD400,000 investment in the same and to hold the investment for at least 5 years and then it can be sold and citizenship is still retained.

The nation of St. Kitts and Nevis in the Caribbean has dropped rates for its “citizenship by investment” programme. These modified rates will be available all the way to December 31, 2020 whereby families of up to four people can secure citizenship for USD150,000, down from USD195,000.

“In today’s uncertain world it is only right that individuals and families want the ability to travel the globe as flexibly and confidently as possible,” said Les Khan, chief executive at St. Kitts and Nevis Citizenship Investment Unit.

The decision comes after St. Kitts and Nevis is looking for ways to stimulate and stabilize its economy and get back on track with the growth the country has had over the past five years.

“With visa-free access to 156 countries, the country is recognised as a market leader in independent, global rankings,” Khan added.

GET CITIZENSHIP IN 60 DAYS

The Accelerated Application Process (AAP) approved by the Government of St. Kitts and Nevis in October 2016 allows applications with the Citizenship by Investment Program to be accelerated to a 60 day processing period.

Interested persons applying utilizing the AAP will still be required to meet all mandatory criteria and submit the necessary supporting documents to apply for citizenship by investment.

Applications will be given an accelerated treatment from the Citizenship by Investment Unit, Due Diligence Providers and the St. Kitts and Nevis Passport Office. As a bonus this process also includes the application and processing of the St. Christopher (St. Kitts) and Nevis passport.

Applying using the AAP can see an application completed within 60 days with some applications completed in as early as 45 days.

AAP Process Fees (inclusive of Due Diligence Fees)

• Main Applicant: USD25,000.00
• Dependent above 16 years: USD20,000.00

In addition to the USD25,000.00 and USD20,000.00 AAP processing fees, an additional fee of USD500.00 per person will be applicable for the processing of the St. Kitts and Nevis Passport for any dependents under the age of 16 years.

CRITERIA / REQUIREMENTS

1)     Identity documents (birth certificate, marriage certificate, etc)

2)    Source of funds must be shown including 12 months’ bank statement

3)    All applicants under the age of 12 must have a recent HIV negative test result

4)    Police Certificate “certificate of no criminal record” or “police clearance certificate” from country of citizenship 

5)    Employment Letter(s) stating the start of employment, position held and salary earned

6)    Certified copy of Business Licence or Incorporation documents

7)    Further documents are required, call Ian Henery Solicitors to apply.

SUSTAINABLE GROWTH FUND (SGF) CONTRIBUTION

Applicants may qualify for citizenship through a contribution to the Sustainable Growth Fund (SGF).

• Single applicant: a non-refundable contribution of USD150,000 is required
• Main applicant with up to three dependents (for example, a spouse and two children): a non-refundable contribution of USD195,000 is required but for a limited time only this is discounted to USD150,000
• Additional dependents, regardless of Age: USD10,000

Upon submission of an application, non-refundable due diligence and processing fees must be also paid. These fees amount to USD7,500 for the main applicant, and USD4,000 for each dependent of the main application who is over the age of 16 years.

REAL ESTATE INVESTMENT

Applicants may qualify for citizenship through an investment in a pre-approved real estate project, which may include hotel shares, villas, and condominium units. The minimum real estate investment required by law is USD200,000 (resaleble after 7 years) or USD400,000 (resaleble after 5 years) for each main applicant.

Upon submission of an application, non-refundable due diligence and processing fees must also be paid. These fees amount to USD7,500 for the main applicant, and USD4,000 for each dependent of the main applicant who is over the age of 16 years.

On approval in principle of an application made through a real estate investment, a Government fee applies, as follows:

• Main applicant: USD35,050
• Spouse of the main applicant: USD20,050
• Any other qualified dependent of the main applicant regardless of age: USD10,050

In addition to these fees, real estate buyers should be aware of purchase costs (mainly compulsory insurance fund contributions and conveyance fees).

Example of Approved Real Estate : Sunset Heights Condominiums, NEVIS.

the advantages OF CITIZENSHIP of St Kitts and Nevis:  

• Travel to a great number of countries without the need to apply for a visa. All the EU countries grant free access to holders of St Kitts and Nevis passports and Great Britain does so as well. You can also visit countries such as Georgia or Albania, among many others, without a visa when you become a citizen of St Kitts and Nevis.

• Possibility to become a tax resident in a low-tax jurisdiction. There are no income, inheritance, dividend, nor wealth taxes in St Kitts and Nevis. Other tax rates are very low.
• St Kitts and Nevis passport and citizenship can be obtained within six to eight weeks if you are ready to make an additional payment for accelerated application processing. If not, the procedure can take from three to six months.

• You can acquire a source of a stable passive income if you invest into real estate on the islands. You can let the piece of property that you buy on a lease right after you sign the purchase agreement. Tourists are plentiful in St Kitts and Nevis all the year round so the chances to find a tenant are high.

• You acquire St Kitts and Nevis citizenship for life. Besides, members of your family can also become citizens of the country.
• When obtaining the passport of this small and peaceful country, you can also enhance the level of your financial information confidentiality thus protecting your assets. You can also register a business company with your second passport thus achieving an even higher level of asset protections.

• You do not have to travel to St Kitts and Nevis in order to become a citizen of the country. There are also no residence requirements for retaining citizenship. As a matter of fact, you may never visit St Kitts and Nevis while remaining a full citizen of this country.

• The passport issued to the investor is valid for 10 years and it has to be extended afterwards. St Kitts and Nevis passport is a well-respected identification document as the country has good international reputation. At the same time, citizenship by investment in St Kitts and Nevis is one of the most affordable such programs in the world. The minimum required sum is only USD 150,000 for a family of 4.

what ian henery solicitors will do for you

We will answer your queries and assist with collating all your documents to comply with due diligence and the requirements specified by the government of St Kitts and Nevis. We do not need to meet you in person but we do need to identify you using WeChat or WhatsApp. Our non-refundable fees payable by you for processing your documents are £2,000.00 and we will also be paid another £1,000.00 by Nevis International Trust Company Ltd on successful completion of your application.

Call Ian Henery Solicitors today +44-121-692 1898.