LONDON, Jan. 16, 2021 PRNewswire/-- A limited time offer
operating under St Kitts and
Nevis' Citizenship by Investment (CBI) Programme has now
expired. Introduced late last year, the temporary discount enabled
families of up to four to acquire citizenship for US$150,000 rather than US$195,000. Since 1984, the Federation of
St Kitts and Nevis has been
opening its doors to high net-worth individuals and their immediate
family to become citizens once investing through the Sustainable
Growth Fund (SGF) route. The SGF facilitates the fastest and most
straightforward route to second citizenship.
Aside from obtaining citizenship and a second passport, the
Programme offers a wealth of benefits for economic citizens and
their families. This includes access to 156 destinations,
alternative business prospects, and the invaluable option of
passing down citizenship for generations to come establishing you
and your family's future legacy. Applicants also have the option to
reside in the country with full living and working rights. However,
applicants must first go through strict due diligence checks to
ensure that only investors of the highest moral standing are
accepted as citizens, thus protecting the Programme's international
reputation.
The importance of keeping the family unit together is reflected
in the Programme's evolution. Not only has the Programme introduced
a discount for families but recently, the dual-island nation
announced that it would be permitting siblings to be included in an
application. "The siblings concept is one to ensure that the whole
family is included in an application and that we bring everyone
along. With the siblings, it's up to the age of 30 so the brother
or sister of the main applicant or the spouse can qualify in that
application. The cost of adding a sibling would be $20,000 under the Sustainable Growth Fund,"
Les Khan, the CEO of St Kitts and Nevis' CBI Unit said during a
webinar with the Economic Times.
Established in 1984, St Kitts and
Nevis has been operating the world's longest-running CBI
Programme for nearly four decades. Its extensive experience within
the investment migration realm has secured its international
standing as a 'Platinum Standard' brand. The 2020 CBI Index, an
annual independent study published by the Financial Times' PWM
magazine, highlighted the Programme's ease of processing, due
diligence, and citizenship timeline as some of the reasons for its
popularity.
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