26 Jan St Kitts and Nevis Jumpstart 2022 With A New Investment Option
Among the recent amendments to citizenship investment programs announced by several hosting countries, St Kitts and Nevis have recently launched a new investment option within its Citizenship by Investment Program: Alternative Investment Option (AIO).
This option allows applicants to invest in alternative projects that have been approved by the St Kitts government or listed by privately-owned companies with financing capabilities. As soon as the project is completed and operated for a certain period that allows for a fair ROI, it should be handed over to the government in a sustained condition.
St Kitts government has divided AIO into two categories:
- Public Good Project Developer (PGPD): Projects will be fully funded with a minimum of $175,000 investment by the PGPD and will be turned over to the government upon the end of the agreement.
- Private Enterprise Developer (PED): Projects will be established and funded by private companies with a minimum of $200,000 investment.
The Alternative Investment Option initiative aspires to enhance local employment opportunities along with optimizing technology and building capacity.
St Kitts and Nevis Citizenship By Investment program is considered the oldest, most trusted, and ultimately successful economic citizenship program around the world by leading the industry and striving to represent the “Platinum Standard” of citizenship by investment.
With a St Kitts and Nevis second passport, you can access visa-free travel to over 140 countries around the world including the Schengen area countries. In addition, passport holders can benefit from an attractive tax regime that includes tax-free trade with Canada and duty-free trading within the Caribbean.
Apply today for Saint Kitts and Nevis Citizenship by investment program through Huriya Private and obtain your second passport within 6 months.