St Kitts and Nevis Government has announced a limited time discount offer for families applying for citizenship by investment program. Under the new limited time offer announced by Prime Minister Timothy Harris, the special discount offer runs from July 01 to December 31, 2020 making the following changes to the program as a result of Covid-19 uncertainties.
- SIDF contribution for a family of up to 4 will be reduced to US $150,000 as part of a limited time offering (instead of $195,000 giving a $45,000 discount to families applying for passport)
- Stamp duty will be reduced to 2.5 percent over the same period to assist the CBI’s Real Estate option which requires a minimum investment of US$ 200,000 invested for 7 years (doubles for 5 year holding).
- The Minimum contribution for a single applicant will remain at US $150,000 (no changes made)
CIU has announced drivers license in St Kitts and Nevis can only be obtained by visiting the country in person. It is not possible to get drivers license for CBI citizens without visiting the country.
The new changes will help build economic infrastructure on Nevis and on St. Kitts and Nevis through the revenues generated through citizen by investment program,
St Kitts passport remains the most powerful and valuable second passport in the Caribbean with visa free access to over 150+ countries and territories including United Kingdom, Schengen area, Russia, Israel, Turkey and almost to all south american countries.