St Kitts citizenship becomes cheaper with Hurricane relief fund option

Prabhu Balakrishnan Avatar
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St Kitts and Nevis has announced new cheaper Hurricane relief fund option under the Citizenship by investment programme.

Investors qualify for St Kitts and Nevis citizenship by paying USD 150,000 upto family of four to the Hurricane relief fund.

This new third option is $100,000 cheaper than the current NDF option which requires USD 250,000 donation or USD 400,000 real estate investment.

This scheme will be open for 6 months and the scheme will close on March 30, 2018.

St. Kitts and Nevis’ CBI Program established in 1984,e is the oldest and one of the most attractive of its kind in the world. St. Kitts-Nevis finishes on top of the CBI Index in the due diligence component, as well as in speed and ease of processing applications, and mandatory travel or residence requirements.

St Kitts and Nevis recently signed visa waiver agreement with Russia making St Kitts CBI program more attractive in the Caribbean.

Accelerated processing of applications (AAP) in 60 days also possible but subjected to additional fee.

Source: http://www.ciu.gov.kn/wp-content/uploads/2015/01/Notice_2017_Hurricane-Relief-Fund.pdf