The Citizenship Unit Office in St. Kitts and Nevis had previously announced in a statement the extension of the discount offer to obtain Saint Kitts and Nevis citizenship by donation to the middle of this year, following Dr. Michael Martin’s assumption of the unit’s position at the end of last year.
However, before the end of June, the good news was announced for investors wishing to obtain Saint Kitts and Nevis citizenship by investment, as it was agreed to extend the discount offer to obtain St. Kitts and Nevis citizenship again, but for the last time, so that investors will be able to obtain citizenship. By donating within 60 days only instead of at least 3 months and without fees to speed up additional procedures, and also by reducing the value of the donation.
This decision came after the huge increase in the request to apply for citizenship by investment programs from St. Kitts and Nevis in recent times and the desire of the government to satisfy investors and receive what it deems most appropriate of applications.
According to the announcement of the Head of the Investment Unit in St. Kitts and Nevis, Mr. Michael Martin, the offer of a discount to obtain Saint Kitts and Nevis citizenship by donating to the LTO Sustainable Growth Fund will be extended for another 7 months, i.e. until the end of January 2024. This means One last chance for investors to obtain citizenship for an amount starting from $125,000 per person within a period not exceeding 60 days and without adding fees to speed up the procedures.
Martin confirmed that investors are aware of the importance of this program and that it is the easiest and fastest way to obtain a second citizenship by donating $125,000 to a single investor, provided that the donation value is as follows:
- Single applicant – US$ 125,000
- Main applicant and a spouse – US$150,000
- Main applicant and up to three dependants – US$170,000
- Each additional dependant under 18 – US$10,000
- Each additional dependant over 18 – US$25,000
In addition to administrative and government expenses and criminal investigation fees for all applicants over the age of 16.
Note that the acceleration fee starts at $25,000 for an individual applicant, but it will be free until the end of the offer period.
On the other hand, the head of the investment unit, Michael Martin, explained that the amount of the donation in the Sustainable Growth Fund is used to support the infrastructure of the island and support educational and medical institutions, and thus invest in one of the most important countries that offer investment citizenship programs around the world and that have a stable economy and a more Safe and organized investment program.
New Decisions about Citizenship by Investment in Egypt
New facilities launched by the Egyptian government on the Citizenship by Investment in Egypt, to target a broader group of investors and capital.
Mr. Imad Elbitar’s meeting with the CEO of GEMS about the Secret Bay project
The Secret Bay project is the only 6-star world-class project supported by the Government of Dominica for investment citizenship.
The most important types of investment funds
A varied article in which we discuss the most important types of investment funds in a simple way and clear terminology, after which you can understand each type well.
What you dont know about Group of twenty G20?
The Group of twenty G20 is an international forum established in 1999 to strengthen the global economy.
15 Q&A about citizenship by investment in Saint Lucia
When obtaining citizenship by investment in Saint Lucia, many questions arise that face the investor, and we will answer some of them in the following article.