St.Kitts and Nevis Table of Contents
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Second Citizenship. First Choice. St.Kitts and Nevis Table of Contents ABOUT KARIBI™ 1 WHY KARIBI™ 1 FAST FACTS 2 MOTHER ISLE OF THE WEST INDIES 3 WHY ST.KITTS AND NEVIS 4 ACCESS TO 55% OF THE WORLD 5 QUALIFYING CRITERIA 6 INVESTMENT OPTIONS 6 OTHER APPLICABLE FEES 7 GET STARTED TODAY 8 REQUIRED DOCUMENTS 9 HOW TO REACH US 10 ABOUT St.Kitts and Nevis KARIBI™ KARIBI is your trusted citizenship by investment partner. Helping individuals and families obtain their second passport. We operate in full compliance with government regulations, and take your needs into consideration whilst confidentiality providing you with a seamless and transparent process. Karibi's registered agents will provide free consultations, guiding WHY KARIBI™ Taking you through an almost effortless process leading to your sought after custom citizenship solution. EFFICIENT A seamless end-to-end experience, from the consulting phase to achieving the citizenship. Our operational model allows us to execute all the required processes in a timely manner. TRUSTED Our internationally accredited team has spent decades creating and maintaining long-lasting relationship with the government bodies. EXPERIENCED We have a reputation that is second to none with regards to citizenship by investment specialization. Our global network of partners utilize a tremendous amount of industry insight to overcome any obstacles that may occur. © 2017, Karibi | All Rights Reserved 1 FAST St.Kitts and Nevis FACTS St. Kitts Nevis Capital: Currency: Basseterre (St.Kitts) ans Charlestown (Nevis) East Caribbean Dollar Government: Area: Parliamentary Democracy under Constitutional Monarchy 176 km2 (St.Kitts) 93 km2 (Nevis) Official Language: English © 2017, Karibi | All Rights Reserved 2 MOTHER ISLE OF St.Kitts and Nevis THE WEST INDIES Idyllic St. Christopher and Nevis (known more popularly as St.Kitts and Nevis), is the smallest sovereign state in the Americas. It is amongst the most charming island destinations in the Caribbean. Its vibrant culture drawn from Native Carib, Spanish, French and British influences, sugar plantation legacy and strategic location along popular cruise routes makes it a shining tourism success in the region. St.Kitts and Nevis was the first set of islands in the Caribbean to be settled by Europeans. The government is heavily focused on boosting international airlift to St. Kitts and Nevis. The Robert L Bradshaw International Airport on St.Kitts island already handles direct connections to the USA, Canada and the UK in addition to the rest of the Caribbean. The Vance W.Amory International Airport serves the island Nevis. The island nation has embraced a lucrative tourism strategy focused on attracting affluent travelers, building sustainable tourism projects and investing in niche sectors such as yachting, golf, diving and Meetings, Incentives, Conferences and Exhibitions. St.Kitts and Nevis enjoys one of the fastest economic growth rates among nations in the Americas and the Citizenship By Investment Program is credited with making a strong impact on the nation's development. © 2017, Karibi | All Rights Reserved 3 WHY St.Kitts and Nevis St.Kitts and Nevis St. Kitts and Nevis was the pioneer of the Citizenship by Investment Program in 1984. As of January 2016, the program has been embraced by 127 nationalities from continents across the globe, underscoring its global reach and popularity. Benefits of Obtaining St.Kitts and Nevis Citizenship • Lifetime citizenship. Descendants are also eligible to apply for citizenship. • Visa free access or visa on arrival to 150 countries including the Schengen region, the United Kingdom, Hong Kong and Singapore. • St.Kitts and Nevis does not require you to renounce your current citizenship, allowing you to hold dual citizenship. • No residency requirement before, during or after the application process although visits are welcomed. • Permitted dependents and family members can be included in your citizenship application. • The local currency, the Eastern Caribbean Dollar, is pegged to the US dollar, giving you and your business financial benefits and security. • St.Kitts and Nevis is a member of the Caribbean Community (CARICOM), offering the benefit of freedom of movement and employment (for skilled nationals) and Duty Free trading within the 15 Caribbean nations and dependencies. • St.Kitts and Nevis is a member of the United Nations and Commonwealth of Nations. • No taxation on worldwide income. © 2017, Karibi | All Rights Reserved 4 ACCESS TO St.Kitts and Nevis 55% OF THE WORLD The following countries offer visa free access or visa on arrival to citizens of St.Kitts and Nevis: Albania Gibraltar Andorra Greece Peru Anguilla Greenland Philippines Antigua and Barbuda Grenada Pitcairn Island Argentina Guadeloupe Poland Armenia Guatemala Portugal Aruba Guinea-Bissau Reunion Austria Guyana Romania Bahamas Haiti Saba Bangladesh Holy See Samoa Barbados Honduras San Marino Belgium Hong Kong Senegal Belize Hungary Seychelles Bermuda Iceland Sierra Leone Bolivia Indonesia Singapore Bonaire Iran (Conditions Slovakia Bosnia and Hercegvina apply) Slovenia Botswana Ireland Solomon Islands Brazil Italy Somalia British Verde Islands Jamaica South Korea Bulgaria Jordan (NAEP) Spain Cambodia Kenya St.Barts Cape Verde (NAEP) Kiribati St.Lucia Cayman Islands Kosovo St.Maarten Chile Laos (NAEP) St.Martin Comoros Latvia St.Eustatius Colombia Lebanon St.Helena Costa Rica Lesotho St.Pierre and Miquelon Croatia Liechtenstein St.Vincent and the Cuba Lithuania Grenadines Curacao Luxembourg Suriname Cyprus Macedonia Sweden Czech Republic Madagascar Switzerland Denmark Malawi Taiwan Djibouti (NAEP) Malaysia Tanzania Dominica Maldives Timor-Leste Dominican Republic Malta Togo Ecuador Martinique Tonga Egypt Mauritius Trinidad and Tobago El Salvador Micronesia Tunisia Estonia Monaco Turkey Faroe Islands Montenegro Turks and Caicos Islands Fiji Montserrat Tuvalu Finland Mozambique Uganda France Nepal (NAEP) Ukraine French Guiana Netherlands and United Kingdom French Southern and territories Uruguay Antarctic Island New Caledonia Vanuatu French Pollynesia Nicaragua Vatican City Gambia Niue Venezuela Georgia Norway Wallis and Futuna Germany Palau Zambia Panama Zimbabwe © 2017, Karibi | All Rights Reserved 5 QUALIFYING St.Kitts and Nevis CRITEREA To qualify for citizenship, the primary applicant must be over 18 years of age and meet all application requirements, including being of good character and sound health. INVESTMENT OPTIONS OPTION 1 – Sugar Industry Diversification Foundation (SIDF) A contribution is required to the SIDF, an independently audited public charity. 1. Single Applicant: A non-refundable contribution of USD 250,000 2. Applicant with up to three family members: A non-refundable contribution of USD 300,000 3. Each additional eligible dependent*, regardless of age: A non-refundable contribution of USD 25,000 *Eligible dependents include all dependent children up to 30 years of age and parents over 55 years of age OPTION 2 – Real Estate An investment to be made in designated Real Estate with a value of at least USD 400,000. Only villas and condominium units from an approved developer qualify for citizenship investment and the real estate can be re-sold after 5 years. Purchase costs and other fees are also applicable, including the below payable to the Government of St.Kitts and Nevis. Single Applicant: $ 50,000 Spouse: $ 25,000 Dependent child aged O-17: $ 25,000 Dependent child aged 18-30: $ 50,000 Dependent parents/grandparenEs above 55: $ 50,000 © 2017, Karibi | All Rights Reserved 6 OTHER St.Kitts and Nevis APPLICABLE FEES Due Diligence Fees Single Applicant $ 7,500 Dependent aged 16 years and above $ 4,000 Passport $ 350 Certificate of registration $ 47 Government Forms $ 250 * Karibi will prepare specific and up-to-date cost estimates for clients on an individual basis at the time of application. * Karibi conducts a pre-qualification process. In the case of rejection of an applicant’s submission, Karibi’s advisory fees will be fully refunded. © 2017, Karibi | All Rights Reserved 7 GET STARTED St.Kitts and Nevis TODAY Applications to the St.Kitts and Nevis Citizenship By Investment Program can only be submitted by Government Authorized Agents. Step 1: Prequalification of the applicant. Step 2: Preparation of required documentation. Step 3: Payment of due diligence and applicable fees or reservation of property investment. Step 4: Submission of Citizenship Application to the Citizenship Unit. Step 5: Application is vetted by the Government through a thorough due diligence background check. Step 6: Citizenship Approval is granted. Step 7: Citizenship Investment is executed to the Government of St.Kitts and Nevis or Real Estate Payment to the Developer. Step 8: Granting of Citizenship Certificate and Passport. Step 9: Final relevant payments upon delivery of Passport. * The above timeline is indicative of a typical application. Actual timelines may vary on an individual basis. © 2017, Karibi | All Rights Reserved 8 REQUIRED St.Kitts and Nevis DOCUMENTS • Copy of your: Passport, ID, Driver’s License, and Birth Certificate • Copy of Proof of Address (Utility bill, Tenancy Contract or House registration) • Copy of Marriage Certificate/Dissolution of Marriage (if required) • Police Certificate from (Country of birth, Citizenship, and Residence) • Letter of Employment Or Trade License and company registration • Twelve (12) passport size photos for each applicant (white background) • One Professional reference letter (Doctor, Lawyer, or Certified Accountant) •