Air access to this dual-island nation continues to grow with direct flights now available from London, Miami, New York, Atlanta and Toronto. On landing at St Kitts, the larger of these two beautiful islands, those travelling on to Nevis are transported by boat.
The CIP has spurred a great deal of development in St Kitts & Nevis over the last 10 years including:
- The new Park Hyatt which has been financed entirely by CIP. Investors bought a Limited Partnership Share and receive a profit share and top tier membership to Park Hyatt’s loyalty scheme.
- The Embassy Suites by Hilton Hotel currently under construction.
- The Marriott Residences.
- Eco-retreat Kittitian Hill which features an ‘edible’ golf course. Here the boundaries blur between the course and the farm: instead of the usual shrubs and trees you’d expect, organic crops and fruit trees thrive beside the fairways.
- The 2,000-acre Christophe Harbour is the largest development on the island and is in the same location as the Park Hyatt on the south-east peninsula. Its multi-million dollar homes and marina slips are being sold to lifestyle buyers who are also eligible to apply for citizenship.
- New developments recently announced include Six Senses. Buyers will be able to purchase a Limited Partnership share in the hotel and apply for citizenship starting at $200,000 for a half share.
- New fractional ownership is also available at the luxury Pinney’s Beach villas at the Four Seasons Resort in Nevis.
Family of four example:
Via government donation, $251,088
Via property share investment, $328,108
Via whole ownership of a property, $532,128
Benefits and requirements:
The St Kitts & Nevis Citizenship by Investment Program entitles investors to a second passport with no residency required. Citizenship offers visa-free travel to more than 130 countries including the UK, EU Schengen zone, Hong Kong and Switzerland via the following investment options:
- $200,000 and upwards for a share of a property in an approved project. The property share can be sold after seven years of ownership. Types of property range from hotel suites to large luxury villas.
- $150,000 donation to the Sustainable Growth Fund. Increased according to the number of dependents in the application.
- $400,000 and upwards for a whole ownership property in an approved project. The property can be sold after five years of ownership.
- Additional due diligence fees and other expenses amount to $7,500 for the main applicant and $4,000 per family member over 16. Government application fees also apply.
Contact
For further information on current Caribbean Citizenship by Investment programs please contact the International Property Citizenship Services department at International Property & Travel magazine. Call +44 (0)1245 250 981 or email info@ipcitizenship.com
