The past week has been an exciting one for the St. Kitts and Nevis Citizenship by Investment program, with two important updates announced. The first is a limited-time hurricane relief investment opportunity, and the second is a new agreement for visa-free travel between St. Kitts and Russia.
St. Kitts and Nevis Hurricane Relief Investment Fund (HRF)
In response to damage from the recent onslaught of hurricanes, the Government of St. Kitts and Nevis has created a new initiative called the St. Kitts and Nevis Hurricane Relief Investment Fund (HRF). The purpose of this donation-based program is to mitigate the storms’ destruction and speed up economic recovery, while opening the door to new investments.
Introduced just days ago on September 23, this new, limited-time citizenship by investment option is only available until March 30, 2018.
The HRF requires a non-refundable contribution that meets the following financial requirements:
- $150,000 USD for a single applicant
- $150,000 USD for a family of 4 - main applicant, spouse, and 2 dependents (children and parents)
- $25,000 USD for any additional qualified dependent
- Due diligence and application processing fees
This is a fantastic opportunity for citizenship applicants to make a positive impact on the environment and current citizens of St. Kitts and Nevis, while also securing a second citizenship and passport.
Plus, St. Kitts and Nevis also offers a fast-track application process via the Accelerated Application Process (AAP). The AAP offers an accelerated 45-60 day processing period for your investment application as well as your second passport.
AAP Process Fees (including Due Diligence Fees)
- Main Applicant: $25,000.00 USD
- Dependent 16+ years old: $20,000.00 USD
- Extra fee of $500.00 per person is required for the processing of the St. Kitts and Nevis Passport for any dependents under the age of 16.
Visa-Free Travel to Russia from St. Kitts and Nevis
The other major update to the St. Kitts and Nevis Citizenship by Investment Program is its new travel agreements with Russia. Starting on November 21, the citizens of both St. Kitts and Russia can travel to each other’s respective countries without a visa for up to 90 days. This is a major step in creating a successful relationship between St. Kitts and Russia. Russia marks the 12th country to recently open up visa-free travel to and from St. Kitts and Nevis, illustrating the strong global interest in this region.
What all this means for you
If you are currently considering pursuing citizenship by investment, we definitely encourage you explore the St. Kitts and Nevis HRF. This is an attractive citizenship by investment opportunity for many reasons. The investment amount is lower than most programs require, it offers a fast-track option, and it allows you to gain citizenship in a philanthropic manner, directly creating a positive impact on a country in which you’ll be taking an active role.
St. Kitts and Nevis is considered the best passport available among citizenship by investment programs in the Caribbean. Plus, you’ll gain access to visa-free travel to at least 130 countries. Considering there have been 12 new visa-free agreements in the past month, it’s likely this number will only continue to increase.
We highly encourage our clients to take advantage of this limited-time opportunity and apply for St. Kitts and Nevis Citizenship and passport via the HRF.
Please don’t hesitate to contact us with any questions – we’re happy to help!