Economic Citizenship Offers Special Privileges for Investors in St. Kitts

Foreign nationals who desire to become a citizen of a country such as St. Kitts, Nevis or Dominica have the option to apply for Economic Citizenship. In the Economic Citizenship Programme, interested parties can apply on behalf of themselves as well as their family, which is specified as including a spouse and two unmarried dependent children. The successful applicant will acquire full citizenship, as well as a passport and the right to reside and work in the chosen country permanently.

The requirements of an Economic Citizenship application for St. Kitts start with an investment of at least $350,000 US in a designated real estate project. This has the added benefit of providing you with a return on your investment in the future as well as receiving Economic Citizenship. There is also an application fee required, which is $35,000US for a single applicant, plus $15,000 each for any dependents. There are also, of course, the expected police clearance, birth certificate check, and other standard document requirements.

Once you have met the requirements, St Kitts Economic Citizenship will provide you and your family with citizenship for life in St. Kitts. This will give you the privilege to work and reside in the country with no restriction, as well as tax free status on any foreign income, capital gains, gifts, wealth and inheritance tax. Your Economic Citizenship also allows you to travel hassle-free to approximately 80 countries around the world without having to worry about visas, including Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Italy, Greece, The Netherlands, Norway, Spain, Sweden and Switzerland.

If you are considering a St. Kitts lifestyle, and will be investing in property there, you might find that Economic Citizenship provides you with many desirable benefits and broadens your horizons.

Written by Michael Reilly

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Curious about Economic Citizenship? Ask Oceans Edge St. Kitts for more information on the benefits of this programme.