Applying to the CBI Program of St. Kitts and Nevis is one of the most important decisions of your life. You aim to improve your investment prospects, business growth opportunities, impart your kids (if any) better education, and lead a peaceful life. But, it is vital to be aware of all the required regulations and administrative compliances in relation to getting a St Kitts and Nevis passport, from the concerned governmental authorities. The information would help you at the time of application within the framework of the CBI Program.
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About the CBI Program
The CBI Program of St. Kitts and Nevis means a program providing high net worth individuals to invest a certain amount in the island nation and obtain its citizenship with a set legal framework. Through this program, you would be able to protect your assets. There would be more safety for you as an investor. The program equips you with facilities that not only secure your investment, but also provides a peaceful, stable life for your family members.
Eligible Applicants
If your net worth totals an amount of $ 500,000, then you are eligible to apply for the CBI Program of St. Kitts and Nevis and get its citizenship, through a smoothly administered process. You will get scope to invest in the real estate sector, financial sectors, etc., by creating an investment portfolio, and also availing a series on tax benefits.
Total Expense
The costs of getting citizenship from St. Kitts and Nevis are set by the respective government. If you have a 4-member family, then you need to invest an amount of $ 195,000 in the country’s economy. Due to the pandemic created by coronavirus, the limit has been temporarily decreased to $ 150,000, keeping all other conditions same. You also can invest in those real estate units that are approved by the local government. The minimum amount of investment in this case is $400,000 for a period of at least 5 years.
Benefits
The CBI Program of St. Kitts and Nevis has lots of benefits. Some of them are non-requirement of complying with residency rules, trading within the Caribbean without paying government duties, absence of wealth taxes and inheritance taxes, holding dual nationalities, visa-free travel to more than 150 countries, etc.
Apply After Consulting with Immigration Experts
You can conveniently Visit:passpro.co, talk to the concerned experts and smoothly process your application.
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