Michael Martin’s Visionary Leadership Propels CIU St. Kitts and Nevis to New Heights
St Kitts and Nevis, known for having the longest-running Citizenship by Investment Program, has experienced significant changes since Michael Martin took over the leadership of the Citizenship by Investment Unit (CIU) in December 2022. Martin’s visionary approach, particularly with the launch of the Limited Time Offer of the Sustainable Growth Fund, has attracted a considerable number of High Net Worth Individuals (HNWIs) to the country’s Citizenship program.
Recognizing the program’s importance as the backbone of the twin-island Federation’s economy, Martin understood the need to revamp and tailor it to meet investors’ requirements. In response, his team introduced the Limited Time Offer, which allows investors to obtain Citizenship at a reduced investment amount of $125,000 USD. Additionally, investors benefit from Accelerated Application Processing (AAP) at no extra cost, ensuring that they receive citizenship benefits within an expedited period of 60 days. This offer is valid until June 30, 2023, after which the investment amount will return to $150,000 USD.
Beyond the cost advantages, investors also enjoy entrepreneurial benefits, including opportunities to establish or expand businesses. They gain access to diverse international markets, which promotes their desired growth. Furthermore, the program provides security for future generations by allowing the privilege of passing on Citizenship to their descendants.
Simultaneously, the Citizenship by Investment Program benefits the country’s citizens through the resources generated, which are channelled into socio-economic development projects. The increased economic activity in St Kitts and Nevis is paving the way for holistic development across all sectors.
How to get citizenship in Saint Kitts and Nevis?
Saint Kitts and Nevis offers two main options for obtaining second citizenship:
- Sustainable Growth Fund (SGF): This option allows individuals to make a monetary contribution to the country’s Sustainable Growth Fund. The required investment amount starts at $150,000 USD for a single applicant. The fund’s resources are utilized for various development projects in areas such as healthcare, education, tourism, and infrastructure.
- Real Estate Investment: Individuals can invest in approved real estate projects in Saint Kitts and Nevis. The minimum investment threshold is $200,000 USD for an eligible real estate property. Investors must hold the property for at least five years. This option not only provides citizenship but also offers potential returns on real estate investment.
Both options grant successful applicants and their families full citizenship, including the ability to live, work, and study in Saint Kitts and Nevis. They also offer the opportunity to travel visa-free or with visa-on-arrival access to numerous countries worldwide, including the Schengen Area and the United Kingdom.
If you are thrilled by an opportunity to get second citizenship of Saint Kitts and Nevis but not sure about the application process, reach out to our experts, and we’ll guide you through the whole process!