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SMA St Kitt  Nevis Economic Citizenship Presentation April 2009
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SMA St Kitt Nevis Economic Citizenship Presentation April 2009

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ECONOMIC CITIZENSHIP

ECONOMIC CITIZENSHIP

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  • 1. ECONOMIC CITIZENSHIP ST KITTS & NEVIS Presented by Serge Mango Advisors N.V.
  • 2. ECONOMIC CITIZENSHIP ST. KITTS & NEVIS PASSPORT The Economic Citizenship Program for St. Kitts and Nevis was established in 1984 and provides the following benefits : • Citizenship for life, for applicant and all eligible family member. • Dual Citizenship is permitted, without the requirement to notify the applicants home country, and without any need for the applicant to reside in St. Kitts/Nevis. • Passports will be issued to the applicant an all eligible family members, and may be easily renewed.
  • 3. VISA –FREE TRAVEL Visa Free Travel to more than 80 countries including : - Schengen Countries(24): Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovenia, Slovakia, Spain, Sweden - Switzerland, Canada and United Kingdom - British commonwealth countries (53) (the List do not include Hong Kong and USA): Australia, Antigua & Barbuda, Bahamas, Barbados, Belize, Brunei, Cyprus, Dominica, Grenada, Guyana, India, Jamaica, Malaysia, Maldives, Malta, Mauritius, Nauru, New Zealand, Pakistan, Seychelles, St Vincent & the Grenadine, St. Lucia, Singapore, Solomon Islands, South Africa, Trinidad and Tobago, Tonga, UK etc…… - Reside in Most of CARICOM Member States(15): Haiti, Montserrat, Suriname, etc….. - Caricom Associate Members(5): Anguilla, Bermuda, British Virgin Island, Cayman Islands, Turks & Caicos Islands
  • 4. RESIDENCY & TAX Full Residency Status and the right to work in St. Kitts/Nevis Tax Free Status on foreign income, capital gains, gift, wealth and inheritance tax
  • 5. REQUIEREMENTS • An application requires a non-refundable cash payment of US$35,000 for a single applicant plus US$15,000 for each dependent, • Plus a US$3,500 fee for a background check on any person included in the application, who is over 18 years of age. • In addition to the above fees are the associated legal fees, notary fees, escrow fees and advisory fees which will vary depending on the number of persons included in the application
  • 6. ADDITIONAL REQUIREMENTS • Additional Requirements, the applicant must invest a minimum of US$350,000 in government designated real estate, among which there are some excellent real estate developments. • Please note that the investment required was increased by the government from the old level of US$250,000 in late 2006.
  • 7. PROCEDURE • We recommend that applicants employ the services of a our Nevis based Lawyer to prepare and expedite their application. As with other citizenship programmes, the applicant will be subject to a thorough background check, but are not required to personally attend any interviews in St. Kitts/Nevis in this respect. • The granting of citizenship is at the sole discretion of the Government of St. Kitts & Nevis, and therefore there is no guarantee that applicant will be approved. However, as most applicants are carefully screened by their lawyer prior to submitting an application, applications are rarely refused.
  • 8. APPROVAL • The approval process normally takes between 6 to 12 weeks, and on approval of the application citizenship documents and passports are issued.
  • 9. REAL ESTATE • Serge Mango Advisors can assist applicants in finding government designated property that also meets the applicants requirements. If necessary this can all be done without the need for the applicant to personally visit St. Kitts/Nevis.
  • 10. Application Documents Required (1) • Birth Certificate for each person in the application. • Certified Copies of all persons Passport information providing a photograph, signature, passport number and date and place of issue are required. (color copies are preferred). • Police Record/Certificate, stating that the applicant has no criminal record. • Marriage Certificate .Only required if the spouse is also applying for citizenship. • Divorce Certificate. Only required if your new spouse is also applying for citizenship. • Health Certificate. This certificate needs to show that the applicant is not suffering from any contagious or communicable disease, including HIV test. This certificate is required for all persons in the application, both adults and children.
  • 11. Application Documents Required (2) • Affidavit of Support. This document is required only if the application includes the applicants spouse and/or dependent children. The affidavit needs to state that the applicant is prepared to support the spouse and dependent children. If the spouse has independent assets, and provides a Bank Reference letter, the affidavit is required only for the children. • 8 photos of each person in the application. There are requirements for the photos
  • 12. Application Documents Required (3) • Bankers Reference. A bank reference is required for all adult applicants including the spouse and any children 18 and over. The reference letter must state how long the account has been maintained, the general level of the account held and that the account relationship has been satisfactory. • A separate letter may also be submitted by an accountant or stock broker if the applicant has significant funds in trading or investment account.
  • 13. Application Documents Required (4) • Character Reference. Two original references of good character are required for the applicant and each family member of 18 years or older. The references must be from either a doctor, lawyer, accountant, bank manager, or other professional. The name, address and phone numbers of the referees are required. • Photographs: Eight passport size photographs are required for each person in the application. • A letter from the applicant giving authority for Serge Mango Advisor N.V. and it retained lawyer to act on his/her behalf.
  • 14. MAKING AN APPLICATION Contact Us if would like to apply for economic citizenship of St. Kitts/Nevis and we will process your application through our lawyer specializing in the Economic Citizenship program. SERGE MANGO ADVISORS N.V. 55, Welfare Road, Suite 12 Cole Bay, Sint Maarten Netherland Antilles (599) 544 4106 Tel (599) 544 4107 Fax serge.mango@smangoadvisors.com www.smangoadvisors.com
  • 15. NEVIS MAP