The program was introduced in 1984. Investors accepted onto the program are offered citizenship of St. Kitts and Nevis and a passport that enables visa-free travel to over 137 countries, including Canada, the UK and Europe.
Passports are available for the applicant and their dependents.
To qualify for citizenship of St. Kitts and Nevis under this program, government requires a minimum $400,000 investment in an approved real estate project, plus $200,000 processing and legal fees for a family of four.
Investors are given the opportunity to apply for citizenship and passports within the strict guidelines of the law and relevant regulations. Citizenship can be retained for life as long as investors hold their qualifying investment in an approved project for a minimum of five years.
Based on historical increases in required investments and capital gain projections, it is anticipated that investors will receive an amount equivalent to the initial capital invested, plus a large percentage of government fees at the end of the five-year period.
Current real estate offerings include the Park Hyatt St. Kitts and the Hamilton Beach Villas and Spa on Nevis.
Promoters said not only does this support the development of the federation, it is also a fantastic investment opportunity offering a guaranteed annual yield. Both properties are stunning, five star resorts offering an extraordinary blend of sophistication and comfort, not to mention proximity to some of the most awe-inspiring beaches in the Caribbean. The world-class resorts include spa and fitness centres, restaurants, swimming pools, conference facilities and relaxing lounges.
Wrothams & Windsor provide all relevant information and answer any questions potential investors may have.
Richard Vedelago, Chairman of Wrothams & Windsor said, “Since introducing the Citizenship-by-Investment Program of the Federation of St. Kitts and Nevis to Nigeria we have seen an overwhelming response. This truly represents an intelligent investment with the significant bonus of citizenship and visa-free travel.”