{"id":32136,"date":"2020-06-07T10:00:18","date_gmt":"2020-06-07T06:00:18","guid":{"rendered":"https:\/\/www.savoryandpartners.com\/?p=32136"},"modified":"2020-09-01T05:48:08","modified_gmt":"2020-09-01T01:48:08","slug":"who-can-get-citizenship-and-passport-for-st-kitts-and-nevis","status":"publish","type":"post","link":"https:\/\/old.savoryandparnters.com\/blog\/who-can-get-citizenship-and-passport-for-st-kitts-and-nevis\/","title":{"rendered":"Who Can Get Citizenship and Passport for St Kitts and Nevis?"},"content":{"rendered":"

When it comes to visa applications, the whole process from start to finish can become incredibly gruelling. Trying to retrieve originals and copies of bank statements and travel insurance is just the tip of the iceberg<\/em>, not to mention the costs involved in obtaining a visa.<\/span><\/p>\n

But, there is a solution that will make life easier and avoid this hassle, year after year \u2013 a second passport<\/strong>. Although obtaining a second passport comes with a price, dual citizenship can make travelling for work or pleasure considerably easier and will have long-term benefits for investors<\/strong>.<\/span><\/p>\n

Related Article: Limited Time Offer – Save $45,000 on St Kitts & Nevis Citizenship by Investment<\/a><\/p>\n

According to Jeremy Savory, CEO and founder of\u00a0<\/span>Savory & Partners<\/span><\/a>, second citizenship acts as an insurance policy for investors who wish to secure a second passport for them and their families. Should any social, economic or political event take place in their country, they have a second passport to fall back on.\u00a0<\/span><\/p>\n

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\u201cOur clients come from all over the world, but a lot recently, have come from Egypt, Lebanon and Pakistan, who hold GCC residency and have a net worth of over $1m.<\/span><\/a> If you look at the situation in their country, they are thinking \u2018I need to have a Plan B for peace of mind, security and to travel freely\u2019. Despite having clean travel profiles, they do face hassle in getting travel visas,\u201d explains Jeremy.<\/span><\/p>\n<\/blockquote>\n

So, which\u00a0<\/span>investment program<\/span><\/a>\u00a0do investors choose? While there are several investment programs to choose from, investing in <\/span>non-European citizenship<\/span><\/a> and passport, namely a British Commonwealth passport is an affordable option that has grown in popularity and demand.<\/span><\/p>\n

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Over the last few decades, many Caribbean islands joined the Commonwealth and began to build close political and economic ties with the rest of the world. In doing so, they have introduced their Citizenship by Investment programs.<\/span><\/p>\n

Though investment programs attract investors with a net worth of $1m or more, they have become increasingly affordable to those with a net worth of $500,000. One such Citizenship by Investment program that investors should consider in 2020 is the <\/span>St. Kitts & Nevis Citizenship by Investment Program<\/span><\/a>.<\/span><\/p>\n

You might also like: New changes to St Lucia Citizenship by Investment Program<\/a><\/p>\n

Having been established in 1984, the St. Kitts & Nevis Citizenship by Investment Program was the first program of its kind in the world. Since 2019, it is regarded as the most\u00a0<\/span>reputable second citizenship and passport to hold within the Caribbean<\/span><\/a>. St. Kitts & Nevis has also taken measures to rapidly improve visa-free travel over the years, having expanded their visa-waiver program to include even more countries than before.<\/span><\/p>\n

St. Kitts & Nevis citizenship and passport can be obtained through two direct options:<\/b><\/em><\/h3>\n

1. Sustainable Growth Fund (SGF)<\/b><\/h4>\n

Established in 2018, St. Kitts and Nevis launched their Sustainable Growth Fund<\/em> after the expiry of their Hurricane Relief Fund. The fund was created to assist in the restructuring and sustainability of the country\u2019s healthcare, education system, infrastructure, tourism and energy resources, to name a few. The contribution requirements under SGF are:<\/span><\/p>\n