OBTAIN CITIZENSHIP IN ST. KITTS AND NEVIS
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Why Immigrate to Cyprus
Cyprus is a very popular destination for foreign investors to seek citizenship in due to its stable economic environment and European Union member status. Incorporating a prominent political and legal infrastructure, and adopting a highly bespoke taxation system, Cyprus is strategically situated to facilitate strong business and trading relations between EU member states. The cost of living in Cyprus is relatively lower than in many other EU member states, such as the United Kingdom, while the country offers high standards of living, a good education system for all residents, an excellent value for money on real estate, and low taxation.
Main features of a citizenship:
Note: The obtainment of citizenship in St. Kitts and Nevis is irrevocable.
In order to be qualified for Maltese citizenship, the applicant must meet the following requirements:
Note: Knowledge of the Greek language is not required to obtain citizenship in Cyprus.
Once the applicant has chosen the category, he/she then must deposit the full investment amount into a Government Escrow account. Their funds will be released to them upon approval of their residency application.
Applications can only be handled by an authorised local service provider or lawyer.
St. Kitts and Nevis provides foreign investors with two options to apply for second citizenship: to either invest in the Sugar Industry Diversification Foundation (SIDF) by means of a cash investment, or make an investment in a real estate project.
Investments in the Sugar Industry Diversification Foundation (SIDF)
The SIDF is a non-profit organisation that was established by the government of St. Kitts and Nevis to support former sugar workers and the development of alternative industries.
Applicants are required to choose one of the four main categories of the SIDF program, as follows:
Single Application: Requires a non-refundable contribution of USD 250,000
Family Application (up to three dependents, e.g.: spouse and two children under 18): Requires a non-refundable contribution of USD 300,000
Family Application (up to five dependents, e.g.: spouse and four children under 18): Requires a non-refundable contribution of USD 350,000
Family Application (up to seven dependents, e.g.: spouse and six children under 18): Requires a non-refundable contribution of USD 450,000
Accounts of the SIDF are annually audited by the country’s largest audit firm and are publicly available.
Investment through the Real Estate Program
There are several conditions that apply to the real estate investment program for foreign investors. These include:
A minimum investment of USD 400,000 in a government-approved real estate project
The investment must be maintained for a period of no less than five (5) years
The applicant must pay the Government of St. Kitts and Nevis an amount of USD 50,047 plus USD 25,047 for their spouse, USD 25,047 for each dependent child under 18, and USD 50,047 for each dependent child over 18
The due diligence fee for the main applicant is USD 7,500 and USD 4,000 for any dependents over the age of 16 years
The investor is also liable to any other legal fees incurred throughout the process of purchasing real estate in the country.
My Second Passport is a comprehensive resource designed to provide individuals with accurate, up-to-date, and easy-to-understand information on all areas of immigration, second passports, second citizenship, and permanent residency abroad.
Our expert consultants will guide you through every step of the entire visa and immigration procedure, from making a detailed assessment of your profile to advising you on various matters pertaining to your application, such as jurisdictional rights and obligations.
Consultancy on second citizenship requirements
Expert guidance throughout the application procedure
Collection and review of documents to confirm your application is accurate, complete, and ready for submission
Preparation and submission of your application to the relevant authorities
Monitoring the status of your application
Representing the client’s interests during the application review