Investment Immigration Summit (IIS) Beacon, Hong Kong – The Caribbean region stalled in the limelight during the major event that lasted for two days from November 7th to 8th, 2016. Some of the major Caribbean nations namely St. Kitts and Nevis, Grenada, Commonwealth of Dominica and Saint Lucia are already at the frontline if citizenship by investment. And the recent changes to the framework further strengthen the grasp on their programmes as they get even more popular. We’ll discuss the best of all that is for St. Kitts and Nevis.
St. Kitts and Nevis
St. Kitts and Nevis citizenship is best of all in the entire Caribbean and the noble prime minister; Timothy Sylvester Harris made a briefing on behalf of the twin-island Federation. He explained why St. Kitts and Nevis citizenship programme is graded as “platinum standard”. It’s already steeped in due diligence and risk management; the programme now offers world’s most efficient application processing system.
Successful candidates are likely to receive an approval on their applications in minimum 45 days or three months maximum. All documents pertinent to the citizenship application must be submitted to the government and the decision over approval or rejection is vested on the management officials. The VIP Accelerated Option is an exclusive service ensuring that registration and passport certificates are issued within 60 days of the initial application.
The St. Kitts and Nevis citizenship programme so far has delivered services as promised whereas the prime minister further vowed availability of new investment opportunities for applicants planning to descend on the twin islands.
Agencies working in association to the government also received the significant updates and thus made their move accordingly. A commission structure is likely to be deployed to entertain the applications that have been submitted to ensure smooth process. This option is available under the Sugar Industry Diversification Foundation (SIDF).
Outcome of the changes
Improvements in the programme recouped investors’ trust who proclaimed it as “an interesting option for all those seeking second citizenship”. The country proved its ability to perfectly manage a delicate situation with utter perfection and emerge successfully.
With this, developments are also seen in St. Kitts and Nevis passport process that’s worthy of recognition. It managed to attract aspiring tourists as well as individuals seeking permanent residency from around the world. All this justifies the programme being democratically stable.
Briefing of the programme
All those willing to become a legal citizen of the twin-island country need investing in government-approved real estate projects. Minimum investment amount is around $400,000 plus, $80,000 as programme fee. One may also chose to contribute irrevocably in the Sugar Industry Diversification Foundation (SIDF) with minimum sum of $250,000 plus $30,000 as fee.
The Citizenship by Investment of St. Kitts and Nevis is the oldest economic citizenship programme in the world that initiated short while after the country gained sovereignty. Since then, it has established as a market leader in the citizenship industry and all the modifications reflects government’s efforts to keep itself eminent.
Once a citizen, an individual is blessed with hosts of benefits such as visa-free travel to almost 132 countries and Schengen territories.