St Kitts and Nevis came out with amendments and additions of their citizenship by investment options at the turnabout of the year 2022. As a potential applicant for citizenship by investment, you need to be aware of all your choices and stay updated.
As an authorized agent, PassPro receives all memos concerning such changes from St Kitts and Nevis. As a result, we aim to give you a complete understanding of your choices so you can make an informed decision for your future. Here are the updates, and further investment opportunities you can choose from.
An adjustment to the sustainable growth fund donation
St Kitts and Nevis adjusted the costs of investment for their main donation fund option. Starting 2022, the minimum requirement donations for the sustainable growth fund have been shrunk significantly.
Where previously a single applicant had to invest 183,000 USD, the program decreased the required amount to 150,000 USD. In addition, you can include a spouse in your application for 25,000 USD.
You can also include more people in your application other than a spouse. Eligible dependents will cost an extra 10,000 USD investment to be included in your application. You’ll also have the benefit of adding any eligible sibling below the age of 30 for 20,000 USD
New Correctional Facility donation – A great option for larger families
St Kitts and Nevis introduced the New Correctional Facility donation option. This avenue of investment is considered far more suitable for larger families.
As of the year 2022, you can apply as a family of 4 with a 175,000 USD donation. You can also add dependents for 10,000 USD. Any eligible sibling below the age of 30 may be included in your application as well for an additional 20,000 USD.
Real estate investment – A sturdy option
If you’re planning on moving to St Kitts and Nevis, or simply want to have a place you can call your own when you visit, you can invest in real estate instead. With this alternative investment route, you can either apply as a family of 4, or as a single applicant while protecting your net worth. Real estate is not only a solid way to protect your assets against recessions but also a good passive income generator. Not to mention that it is a great way to diversify your wealth.
PassPro is here to help
PassPro is a government approved agency that is kept up to date on changes to existing investment opportunities. We’re also kept in the loop by St Kitts and Nevis when new investment options emerge.
At PassPro, we are dedicated to assisting our clients in choosing the most suitable citizenship by investment programs. We do so according to their objectives, requirements, and application criteria. Do not hesitate to schedule a consultation with one of our authorized agents to help you find your best suited program. For additional information, call us at +971567281124, or email us at [email protected].
