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ST Kitts Passport

ST Kitts Passport

UPDATE:

BASSETERRE, St. Kitts, July 29th 2013 (CUOPM) – St. Kitts and Nevis Monday announced the suspension of Iranian and Afghanistan nationals from participating in the St. Kitts and Nevis Citizenship by Investment Programme

Bright Future Immigration Services Inc. is very pleased to introduce to you the St. Kitts & Nevis Citizenship by Investment Program.

This program offers many benefits to investors, such as:

  • Non-revokable, life-long citizenship in a British Commonwealth country;

  • Citizenship issued in approximately 3 months;

  • Visa-free travel to many countries worldwide, including Britain, countries of the European Union, Canada, and Hong Kong (visas to the USA may be easily obtained);

  • No residency requirement;

  • No interview requirement;

  • Dependents may be up to age 25; and

  • Off-shore bank accounts and St. Kitts-incorporated companies offer financial and unique business planning opportunities.

To qualify for the program, investors must meet the following criteria:

-Be 18 years of age or older;
-Make a one-time contribution to the Sugar Industry Diversification Foundation OR make an investment in a Government-approved real estate project;
-Pass due diligence and medical checks.

There is No maximum age limit, No net worth requirement, No minimum education level, and No management experience requirement. This program is excellent for families who wish to travel conveniently, avoid military service for their children, or have greater financial protection and security.

Redeemable Preferred Share Offer

The Redeemable Preferred Share Offer is ideal for the Investor seeking to obtain St Kitts & Nevis Citizenship through the purchase of real estate, who is prepared to renounce the capital appreciation in exchange for a guaranteed return on investment after the mandatory 5 year “hold” period.

This limited offer comprises of redeemable Preferred shares issued by special purpose companies that each own a four- bedroom Cottage Suite located on the highest residential lots of Kittitian Hill. The Cottage Suites form an integral part of the Kittitian Hill, Five Star, Cottage Hotel. Each company will offer 10 Redeemable Preferred Shares, at the issue price of USD $400,000 that at the end of 5 years and 90 days will be redeemed with two options:

1. Redeem the Preferred Share and receive the entire invested USD $400,000 guaranteed by the Developer, or

2. Convert the Preferred Share into a lifestyle fraction with all the benefits of fractional ownership of a luxurious 4 bedroom property.

Benefits to Redeemable Preferred Share Owners

  • Owners are entitled to 7 free nights of accommodation per year of use of a fourbedroom Cottage Suite during the Resort Season.
  • Qualified persons will receive complimentary membership to Preferred Residences.
  • Preferred Residences membership allows members to trade their use time with other resorts in the Preferred Residences network worldwide.*
  • Will receive complimentary membership to the Kittitian Hill Golf and Tennis Club.
  • Receive annual audited accounts of the Special Purpose Company that will reflect the actual financial performance of the property during the five-year period.
  • Do not pay any HOA fees, Property Taxes, Property Insurances or any other costs associated with the property.
  • After the 5 year period, if the owner decides to retain ownership of the share, they can convert them into a lifestyle fraction and will be entitled to 5 weeks of accommodation per year.

Redeemable Preferred Share Process

EXPRESSION OF INTEREST

Client expresses interest in the St. Kitts and Nevis Citizen-by- Investment (CBI) Program’s Real Estate option and decides to invest in a Redeemable Preferred Share.

CONFIRMATION OF INTEREST AND FEE PAYMENT

Client Facilitator Agreement, Application Form, Investment Agreement and Power of Attorneys (POA) are signed by the client (Main Applicant). Documents are provided as per the List of Documents (LOD). At this stage, 50% of the financial intermediary’s application fees are due along with 100% of all Government Fees paid in an ACH escrow account. File preparation and submission.

APPROVAL IN PRINCIPLE

Following due diligence from Citizenship-By-Investment Unit (CBIU) an Approval in Principle is issued to the client, inviting him/her to complete the investment within 60 days.

INVESTMENT

The client is required to transfer within 60 days the USD $400,000 investment into the account of government. A confirmation of the acceptance of funds into escrow will be issued from PwC within 3 days of reception.

CERTIFICATE OF CITIZENSHIP & PASSPORT

Within 30 days of issuance of the PwC Letter of Investment Confirmation, the Ministry of National Security will issue the Certificate of Citizenship for the client. Passport is issued within 7 days of citizenship certificate issuance.

—————————————————————————————————————–

 

PM Douglas keeps hectic schedude at 67th United Nations General Assembly

Wednesday, September 26, 2012

BASSETERRE, ST. KITTS, SEPTEMBER 26TH 2012 (CUOPM) – St. Kitts and Nevis’ Prime Minister the Rt. Hon. Dr. Denzil L. Douglas Wednesday continued a hectic round of engagements on the sidelines of the United Nations General Assembly in New York.

Dr. Douglas besides attending the General Debate held bi-lateral discussions with representatives of Indonesia, Luxembourg, and Lithuania.

He is also expected to attend receptions hosted by the President of South Africa, His Excellency Jacob Zuma and the Minister of Foreign Affairs of the United Arab Emirates His Highness Sheik Abdullah Bin Zayed Al Nahyan.

On Monday, Prime Minister Douglas attended a High-Level Ministerial Breakfast Meeting on the occasion of the Rule of Law hosted by the Minister of Foreign Affairs of the Netherlands; the Annual Meeting of the Clinton Global Initiative; a High-Level Lunch event on Women’s Access to Justice hosted by the Heads of Delegation of Finland and South Africa; a Clinton Global Initiative Reception hosted by President Bill Clinton and another reception hosted by President of the United States, the Hon. Barrack Obama and Mrs. Obama.

On Tuesday, prior to the Opening of the 67th United Nations General Assembly, Prime Minister Douglas attended a Welcome Reception for Heads of State and Government and an Official Lunch, both hosted by the United Nations Secretary General, His Excellency Ban Ki-Moon.

The St. Kitts and Nevis Prime Minister also attended a bi-lateral meeting with His Excellency Reem Al Hashimy, the United Arab Emirates Minister of State and Managing Director of Dubai Expo 2020 and attended a Reception hosted by the Prime Minister of Australia, the Hon. Julia Jillard for Heads of Delegation, Foreign Ministers and Permanent Representatives.

On Thursday, the Rt. Hon. Prime Minister Douglas attends the United Nations General Assembly Debate, participates in a CARICOM Heads of Government Meeting with the United Nations Secretary General and the Second AOSIS Leaders Summit hosted by the President of Naru, His Excellency Sprent Arumogo Dabwido.

Prime Minister Douglas is to address world leaders on Friday.

PM Douglas keeps hectic schedude at 67th United Nations General Assembly
Wednesday, September 26, 2012

BASSETERRE, ST. KITTS, SEPTEMBER 26TH 2012 (CUOPM) – St. Kitts and Nevis’ Prime Minister the Rt. Hon. Dr. Denzil L. Douglas Wednesday continued a hectic round of engagements on the sidelines of the United Nations General Assembly in New York.

Dr. Douglas besides attending the General Debate held bi-lateral discussions with representatives of Indonesia, Luxembourg, and Lithuania.

He is also expected to attend receptions hosted by the President of South Africa, His Excellency Jacob Zuma and the Minister of Foreign Affairs of the United Arab Emirates His Highness Sheik Abdullah Bin Zayed Al Nahyan.

On Monday, Prime Minister Douglas attended a High-Level Ministerial Breakfast Meeting on the occasion of the Rule of Law hosted by the Minister of Foreign Affairs of the Netherlands; the Annual Meeting of the Clinton Global Initiative; a High-Level Lunch event on Women’s Access to Justice hosted by the Heads of Delegation of Finland and South Africa; a Clinton Global Initiative Reception hosted by President Bill Clinton and another reception hosted by President of the United States, the Hon. Barrack Obama and Mrs. Obama.

On Tuesday, prior to the Opening of the 67th United Nations General Assembly, Prime Minister Douglas attended a Welcome Reception for Heads of State and Government and an Official Lunch, both hosted by the United Nations Secretary General, His Excellency Ban Ki-Moon.

The St. Kitts and Nevis Prime Minister also attended a bi-lateral meeting with His Excellency Reem Al Hashimy, the United Arab Emirates Minister of State and Managing Director of Dubai Expo 2020 and attended a Reception hosted by the Prime Minister of Australia, the Hon. Julia Jillard for Heads of Delegation, Foreign Ministers and Permanent Representatives.

On Thursday, the Rt. Hon. Prime Minister Douglas attends the United Nations General Assembly Debate, participates in a CARICOM Heads of Government Meeting with the United Nations Secretary General and the Second AOSIS Leaders Summit hosted by the President of Naru, His Excellency Sprent Arumogo Dabwido.

Prime Minister Douglas is to address world leaders on Friday.


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