The Federation of St. Kitts & Nevis attained the strongest growth and fiscal performance in the ECCU region in recent years, with public debt having met the ECCU’s 60 percent of GDP target in 2018. With such strong macroeconomic performance, a strong democracy, a peaceful and stable polity, and respect for the Rule of Law, the Federation is the number one destination for Migration Investment.
Do you want to relocate to a country that gives you more life experiences and opportunities? Somewhere you can work in comfort, yet focused, and still be well-connected to the rest of the world? Are you the entrepreneurial, digitally-savvy type?
If this sounds like you, BONITS Is ideally placed to support and facilitate your needs. We seek to align your needs to a unique BONITS migration investment product that allows you to take a portfolio management view of ethically investing in St. Kitts & Nevis. Our process gives you the benefit of a second passport that allows visa-free travel to more than 155 destinations around the world and aligns with the United Nations’ Sustainable Development Goals.
Invest a minimum of US$200,000 in Real Estate on a share of a CBI approved property which is resalable after 7 years;
Invest a minimum of US$400,000 in Real Estate for outright ownership of a CBI approved property which is resalable after 5 years; or,
Make a contribution to the Sustainable Growth Fund (SGF). The contribution by a single applicant is US$150,000. Other pertinent government fees and taxes are also applicable.
The legal basis surrounding the Citizen-by-Investment program are governed by the Citizen Act of 1984, section 3 (5). The terms and conditions of this act, are located in the government policy guidelines and rest on the basis of the constitutional, legislative and regulatory foundations. These guidelines are as follows:
Subject to subsection (8) and (9) of this section, a person is entitled, upon making application under this subsection to the minister in the prescribed manner and upon payment of any fee that may be prescribed, to be registered as a citizen of Saint Christopher and Nevis without any rights of voting save under and in accordance with the provisions of any law governing the qualification of voters, if the cabinet is satisfied that such person has invested substantially in Saint Christopher and Nevis.
The decision to determine which investments qualify as a “substantial investment” that renders eligibility for citizenship under the CBI rest solely with the cabinet by extension the government.
Subject to subsection (8) and (9) of this section, a person is entitled, upon making application under this subsection to the minister in the prescribed manner and upon payment of any fee that may be prescribed, to be registered as a citizen of Saint Christopher and Nevis without any rights of voting save under and in accordance with the provisions of any law governing the qualification of voters, if the cabinet is satisfied that such person has invested substantially in Saint Christopher and Nevis.
The decision to determine which investments qualify as a “substantial investment” that renders eligibility for citizenship under the CBI rest solely with the cabinet by extension the government.
Persons who obtained St. Kitts and Nevis Citizenship by virtue of the Investment Programme enjoy visa free entry to more than 155 countries and these include visit to Schengen member countries of the European Union (EU) without obtaining a visa, and stay for a period of three months within a six month period following the date of first entry in any EU country. Iceland, Norway and Switzerland have also been included as members under the Schengen arrangements.
Due to their open borders with Schengen members, Liechtenstein, Monaco, San Marino and Vatican City are considered to be de-facto Schengen members. Citizens of the Federation do not need visas to visit the United Kingdom and the Republic of Ireland, and can stay for six months and three months respectively.
Further information on this Programme can be obtained from the following website: Citizenship by Investment www.ciu.gov.kn
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