{"id":32139,"date":"2020-09-22T09:36:56","date_gmt":"2020-09-22T05:36:56","guid":{"rendered":"https:\/\/www.savoryandpartners.com\/?p=32139"},"modified":"2021-06-08T15:51:20","modified_gmt":"2021-06-08T11:51:20","slug":"is-the-reduced-price-of-a-st-kitts-nevis-passport-legal","status":"publish","type":"post","link":"https:\/\/old.savoryandparnters.com\/blog\/is-the-reduced-price-of-a-st-kitts-nevis-passport-legal\/","title":{"rendered":"Is the Reduced Price of a St. Kitts & Nevis Passport Legal?"},"content":{"rendered":"

Until the end of 2020, St. Kitts & Nevis government has announced they are offering St Kitts & Nevis Citizenship by Investment program<\/a> to investors at a reduced price. Due to the current global pandemic, and as tourism takes a massive knock, St Kitts & Nevis has had to restructure their investment program in hopes of boosting economic growth during these uncertain times.\u00a0<\/span><\/p>\n

Since the start of COVID-19, St. Kitts & Nevis has seen a total of 17 cases, 17 recoveries and 0 deaths. As it stands, they have reported no new cases, making it one of the safest, COVID-free countries in the world right now<\/strong><\/em>.\u00a0<\/span><\/p>\n

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\u201cSt. Kitts and Nevis is the safest, most beautiful and prosperous country in the Caribbean to offer economic citizenship and we remain so during these difficult times,\u201d<\/span><\/a>\u00a0states St. Kitts & Nevis Prime Minister, The Honourable Dr. Timothy Harris. \u201cThis limited-time offer will provide the resources to help us successfully fight COVID-19 and enhance the safety nets for those who have lost their jobs or income as a consequence,\u201d he adds.<\/span><\/em><\/p>\n<\/blockquote>\n

St. Kitts & Nevis Citizenship Investment<\/a> Unit Chief Executive, Les Khan, further adds, \u201cWe are delighted to offer \u2013 for a limited period while the world grapples with the pressures of the COVID-19 pandemic \u2013 all of the benefits of full economic citizenship at an even more competitive rate for families<\/strong><\/em>, and with a new paper-free application process.\u201d<\/span><\/p>\n

\"St<\/span><\/p>\n

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Chatting to\u00a0<\/span>Bloomberg News<\/span><\/a>, Les Khan explains the new developments saying, \u201cIn these days of COVID, when tourism is not happening, we have to find ways to create revenue to sustain our economy.\u201d<\/span><\/em><\/p>\n<\/blockquote>\n

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

Valid until January 15th 2021, a $150,000 <\/strong>contribution to the country\u2019s Sustainable Growth Fund (SGF)<\/em> will now secure St. Kitts & Nevis passports for a family of 4, which marks a $45,000 reduction<\/strong><\/em>, or 23% drop<\/em><\/strong> from the usual $195,000 contribution. For a single applicant, however, the minimum contribution will remain at $150,000.<\/span><\/p>\n

\"Basseterre,<\/span><\/p>\n

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\u201cIn today\u2019s uncertain world, it is only right that individuals and families want the ability to travel the globe as flexibly and confidently as possible. Once travel restrictions are lifted, the St. Kitts and Nevis passport will continue to enable our citizens to travel visa-free and visa-on-arrival<\/a> to more countries in the world than any other program in the Caribbean and the vast majority of passports in the world,\u201d adds Mr Khan.<\/span><\/em><\/p>\n<\/blockquote>\n

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\"Apply<\/a><\/span>