The St Kitts and Nevis passport program gives non citizen of the twin island federation the opportunity to become citizens of this island paradise. The economic citizenship program was initiated in 1984 and to this date still exists with minor changes having been made. The passport program of St Kitts and Nevis includes two options; the Real Estate Option and the Sugar Industry Diversification Foundation (SIDF). Both options for the St. Kitts and Nevis Passport program involve making a contribution towards the economy of the offshore tax haven.
To qualify for the St Kitts and Nevis passport program through the Sugar Industry Diversification applicants must make a contribution which is non refundable. The contributions to be made range from US$200,000 to US$400,000. The lowest contribution will make a single applicant eligible for the second passport program whilst the other amounts qualifies from three (3) to over six (6) dependents. The contributions made to the SIDF program already includes due diligence fees and government fees. The Sugar Industry Diversification Foundation is a public charity which was set up after the sugar industry in St Kitts and Nevis came to a halt. The proceeds of this foundation is used for creating new employment avenues for the former sugar cane workers of the offshore tax haven.
The St Kitts and Nevis second Passport program real estate option has double benefits; the applicant will own St Kitts and Nevis real estate and still qualify for the second passport program. For this option applicants must make a real estate purchase or investment of no less than US$350,000 in the islands of St Kitts and Nevis. The fess to be paid for this St Kitts and Nevis passport option includes government fees of US 35,000 per applicant with an additional US$15,000 per dependent, due diligence fees of US$3,500 and processing fees which are determined at the end of each case. Any property purchased cannot be sold until five years has passed. Transfer or sale of the Real estate investment does not qualify the new owner for the St Kitts and Nevis passport program.
To complete the process of applying for the second passport program of St Kitts and Nevis the applicants must submit the following documents; birth
certificate, copy of current passport, bank reference letter, professional reference letters, a police record evidence of address (recent utility bill), Six (6) passport photos per applicant and a Medical
Certificate. Most persons applying to the St Kitts and Nevis passport program hire the services of a registered agent who normally deals with filing paper work and the scheduling of appointments on the clients behalf.
Once the applicant has been approved for economic citizenship through the St Kitts and Nevis 2nd passport program the process of applying for a St Kitts and Nevis passport can then begin. A St kitts and Nevis passport can be used for visa free travel in many countries in the world including some European countries, Canada and Caribbean countries among others.
