- October 12, 2017
- Posted by: CIP Journal
- Category: Real estate
The St. Kitts and Nevis Citizenship by Investment Program is one of the oldest, most established programs of its kind in the world since 1984.
Investors can buy a property in Christophe Harbour and can qualify for citizenship in St Kitts and Nevis which comes with a passport.
By purchasing a property, investors can have a permanent address in St Kitts and Nevis, and also receive resident card which is a proof of permanent resident in St Kitts and Nevis. Investing in a property is legitimate way of establishing a permanent home in St Kitts and Nevis.
Christophe Harbour is an approved real estate investment by Government of St Kitts and Nevis under CIP programme.
- The real estate investment is a recoverable investment. Sell it after 5 years, and the next buyer will qualify for citizenship.
- No build requirement
- Applicants are not required to visit the country personally but will need to retain services of a government-approved intermediary to assist in the application process.
- Investors can also buy only property and can chose not to apply for citizenship.
Qualifying purchase options at Christophe Harbour include:†
- Custom homesites from $700,000 USD
- Luxury residences from $3 million USD
- Turnkey villas from $1,375,000 USD
- Fractional ownership at Windswept Residence Club from $450,000 USD
- Freehold ownership marina berths from $1.5 million USD
† Purchasers of real property will incur additional expenses associated with their real estate closing, including stamp taxes, land tax, and property insurance. Service and legal fees of the government-approved intermediary also apply.
The benefits of getting a citizenship in St Kitts and Nevis include:
- Visa-free travel to more than 130 countries, including: Switzerland, the entire European Union, and most British Commonwealth member countries.
- St. Kitts currently has no wealth, income, or inheritance taxes.
- Dual and lifetime citizenship for applicant and all eligible family members is permitted by St. Kitts, allowing successful applicants to maintain citizenship in their home country (unless not permitted by home country).
- Full-residency status with the right to work in St. Kitts and Nevis and no permanent residence requirement.
- Potential preferential treatment in the United States and United Kingdom (e.g., children may enter the UK to study without obtaining a student visa and may work in the UK for two years after studying without a work permit).
- Such benefits make St. Kitts and Nevis a safe haven, and Christophe Harbour an investment in a way of life for future generations