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.
Visa through hurricane relief fund. The government announced this ideology after the hurricane which hit the Caribbean on September two thousand and seventeen. The amount is used as a relief to help those who were affected by the disaster. The amount is also one hundred and fifty thousand dollars and will only run until March twenty 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.
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.
Select a reliable consultancy agency. International consultancy companies have made it easy for an enthusiast investor to apply for citizenship from his or her country. Look for a company which has established its offices in your residence country and is related to this program as well. The charge rates might vary depending on the number of applicants you have hence you should have a couple of firms to compare.
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.
Visa through hurricane relief fund. The government announced this ideology after the hurricane which hit the Caribbean on September two thousand and seventeen. The amount is used as a relief to help those who were affected by the disaster. The amount is also one hundred and fifty thousand dollars and will only run until March twenty 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.
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.
Select a reliable consultancy agency. International consultancy companies have made it easy for an enthusiast investor to apply for citizenship from his or her country. Look for a company which has established its offices in your residence country and is related to this program as well. The charge rates might vary depending on the number of applicants you have hence you should have a couple of firms to compare.
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.
About the Author:
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.
