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St. Kitts & Nevis - How To Get A Second Passport

If you are looking for the ultimate island living offering a second passport, look no further than St. Kitts and Nevis. In this article, we will talk about your ability to obtain citizenship by investment in St. Kitts and Nevis where the islanders are some of the friendliest people ever and the natural beauty, warm waters, sunny skies, and white sandy beaches draw you in. Obtain citizenship here in St. Kitts and Nevis in order to travel without visas to 156 countries around the globe.

St. Kitts and Nevis

St. Kitts and Nevis is a dual-island nation situated between the Atlantic and the Caribbean Sea. She is known for her cloud-shrouded mountains and beautiful beaches. What was once sugar plantations are now inns or atmospheric ruins. Saint Kitts is the larger of the 2 islands and is dominated by a dormant volcano, Mount Liamuiga, which is home to a crater lake, green vervet monkeys and hiking trails in the rainforest.

 

Why A St. Kitts and Nevis Passport

St. Kitts and Nevis have been crowned The Best Citizenship Investment Program In the World, by Professional Wealth Management. Of the world’s 14 CBI programs, St. Kitts and Nevis have secured the top place with perfect rankings in due diligence and integrity, ease and efficiency of application processing, and family-friendliness.

 

St. Kitts and Nevis Passport

Established in 1984, St. Kitts and Nevis (St. Christopher & Nevis) Citizenship by Investment Program is the oldest of its kind in the world. They offer citizenship to high net worth individuals and their families in a peaceful and prosperous part of the Caribbean, providing visa-free access to over 156 countries, including Hong Kong, Singapore, the UK, and the Schengen area of Europe.

Your passport is an official travel document issued by your government that identifies you as a citizen, certifying your nationality, and formally requesting admittance and safe passage from foreign countries.  

A standard passport contains your full name, a photograph, place and date of birth, signature, and the expiration date of the passport.

 

Who Invests in CBI Programs?

If you think CBI is only for the wealthy, it’s not. Anyone can apply as long as you meet the requirements set out by the St. Kitts and Nevis government. If you are a business owner, an investor or a digital entrepreneur, you can apply. It’s for anyone that understands the importance of protecting your wealth and your family’s wealth.

 

The Benefits Of Having A Passport From St. Kitts and Nevis

There are several benefits to having a passport from St. Kitts and Nevis. First is that you have visa-free travel to 156 countries including the Schengen area of Europe, the UK, Singapore, Hong Kong and more. St. Kitts and Nevis Passport is ranked 32 and offers increased global mobility. 

Next, this passport is valid for life and is transferable to your descendants, which is truly amazing. And lastly, St. Kitts & Nevis does not impose any taxes on personal income, local or foreign, even if you live there full-time.

Other benefits include the fact that there is no physical presence required & no minimum stay required. 

In addition;

  • Dual citizenship recognized
  • Your entire family is eligible, including spouse, dependent children under 30 and dependent parents or grandparents over 55
  • Speedy application processing time of 60 days for approval
  • Quick and easy 4 month processing period
  • And much more!

 

What Happens In St. Kitts and Nevis When You Buy Your Citizenship?

We at Expat Money follow a strict due diligence process in full compliance with national legislation and international standards. 

The CBI helps to fund community-focused projects that drive economic growth for local people and investors. Their Platinum Standard guarantees increased mobility, sustainable investment opportunities and greater economic freedom for successful applicants.

 

Investment Options

There are 3 ways to obtain a 2nd passport in St. Kitts and Nevis. Sustainable Growth Fund, Real Estate Investment and the newest being Alternative Investment Option.

 

Sustainable Growth Fund 

The Sustainable Growth Fund (SGF) is the most secure and straightforward route to economic citizenship in St. Kitts and Nevis.

Families up to four will make a contribution of $150,000 USD and be made directly to a government-held fund. The Sustainable Growth Fund represents the ongoing advancement of St Kitts and Nevis to realize its potential as a prospering small-island nation with an accelerating economy. Your investment will enhance your future, as well as the future of St Kitts and Nevis.

 

Real Estate Investment

There are 2 routes available for those looking to qualify for citizenship by investing in real estate. You can invest in a pre-approved real estate development or, for a limited time only, through the purchase of a qualifying private residential property, both of which we will assist you with.

  1. The minimum real estate investment required by law is US$200,000 (resalable after 7 years) or US$400,000 (resalable after 5 years).
  2. The sale of qualifying private homes under the CBI program will be allowed for a limited period of two years, starting November 1st, 2020 and ending November 1st, 2022. All homes having an appraised value of more than USD $400,000 and that meet the other criteria may qualify for sale under this option.

 

Alternative Investment Option

This is the newest form of investment under the St. Kitts and Nevis Citizenship by Investment Program. It facilitates investment in qualified infrastructural and other projects which are developed or will be developed by Private Enterprise Developers (PEDs) and Public Good Project Developers (PGPDs). 

There will be two categories:

  • A Public Good Project Developer (PGPD), where the State owns the asset at the end of an agreement. These projects are fully funded by the PGPD and locked in “upfront”. The minimum Unit of Investment will be $175,000 USD. All other fees will apply as per the real estate option.
  • A Private Enterprise Developer (PED), where the built or funded asset is privately owned. In this option, the minimum Unit of Investment will be $200,000 USD and standard real estate government fees will apply.

*Legal Fees and additional expenses are not included in these investment options

 

Requirement of Documents

The list of documents required for citizenship by investment in St. Kitts and Nevis is long and can be challenging to fill out. It is important to work with a professional that has a proven track record in applying for your citizenship. 

Our team here at Expat Money will help you to organize and apply for the documents that are required for the Citizenship by Investment Unit. We’ve found that if these documents are not done correctly, the process can take considerably longer than expected and in the end cost you more money than expected.  Once we have fulfilled the requirements, there will then be several supporting documents needed to finalize the process.

These documents are to be submitted in English with an apostille stamp, which we will also assist you with.

 

Translation of documents

All documents must be in English. If the documents need to be translated, the translation must be done by a translator who is authorized to act professionally in this capacity. All text, seals and signatures of the original document must be translated.

 

Certification Of documents

Where a document is required to be produced in support of the application for citizenship by investment, it must be certified and authenticated in accordance with the law of the jurisdiction from where the document originates.

 

Application Processing Time

To obtain a second passport through the St. Kitts and Nevis citizenship by investment program you will need approximately 3 - 4 months. When you and I chat we will discuss the type of program you wish to invest in. I will assist you in obtaining the correct documents and then we will submit your application to the Citizenship by Investment Unit. 

St Kitts passport application can also be accelerated for a fee through the Accelerated Application Process (AAP), which only takes 60 days.

 

Requirements For St. Kitts and Nevis Citizenship By Investment Program

  • Submit a full application
  • Have a clean criminal record 
  • Be in good health 
  • Be a high net worth individual
  • Possess impeccable character
  • Be above 18 years old
  • Make a qualified investment

 

Conclusion

Having a second passport from St. Kitts and Nevis is a smart investment and will likely be the best investment you have made for yourself and your family. Your children and grandchildren will thank you for this.

As I see it, our world will not get calmer or better so it’s vitally important that we do something now to ensure our wealth is protected. It really is time to get a new passport. Please don’t wait. Here’s what can happen if you wait,  

  • The price can go up (it never comes down), 
  • they can dismantle the program (Cyprus did it), 
  • they can modify the requirements (Panama did it with their Friendly Nations Visa). 

This will not get better, so act now.

Day in and day out my phone doesn’t stop ringing with people wanting a second passport to St. Kitts and Nevis. They have an amazing program and with our assistance here at Expat Money, you could possibly have your new passport in as little as 60 days with a fee, or 3 - 4 months going the normal route.

If you need more questions answered about St. Kitts & Nevis and How To Get A Second Passport and would like to work one-on-one with me, then read the important letter below. From there you can fill in an application to become a Private Client, https://expatmoney.com/important-letter

WORK WITH ME

I help my clients to move offshore for freedom, privacy and autonomy by focusing on the immigration, legal, and tax issues that you will face when becoming an expat. If you would like to work one-on-one with me on getting out of Canada or the USA (or setting up a Plan-B location), then read this important letter and fill in an application form to become a Private Client. My fees are not cheap, however, I can assure you that when you work with a professional, your risks can be reduced considerably.

Mikkel Thorup

Written by Mikkel Thorup

Mikkel Thorup is the world’s most sought-after expat consultant. He focuses on helping high-net-worth private clients to legally mitigate tax liabilities, obtain a second residency and citizenship, and assemble a portfolio of foreign investments including international real estate, timber plantations, agricultural land and other hard-money tangible assets. Mikkel is the Founder and Director at Expat Money™, a private consulting firm started in 2017. He hosts the popular weekly podcast, the Expat Money Show, and wrote the definitive #1-Best Selling book Expat Secrets - How To Pay Zero Taxes, Live Overseas And Make Giant Piles Of Money.

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