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The program for acquiring citizenship through investment in Saint Kitts and Nevis is the oldest such program in the world, having been launched in 1984. [ 14 ] [ 15 ] Persons seeking citizenship through investment must meet the following requirements;
St Kitts and Nevis was the first country to offer citizenship by investment, starting in 1984. [11] It requires a minimum of $250,000 as an economic contribution to the country or to invest at least $400,000 in an approved real estate development. [12]
St. Kitts and Nevis allows foreigners to obtain the status of St. Kitts and Nevis citizen by means of a government sponsored investment programme called Citizenship-by-Investment. [ 70 ] [ 1 ] Established in 1984, St. Kitts and Nevis's citizenship programme is the oldest prevailing economic citizenship programme of this kind in the world.
The St. Kitts and Nevis Citizenship-by-Investment program is one of the longest-standing programs of its kind in the world. The country opened its doors to foreign investors in 1984. Since then, they have continued to offer their citizenship to those that are qualified and who have donated a significant amount of capital into the economy. St.
Saint Kitts & Nevis also acquires foreign direct investment from their unique citizenship-by-investment programme, outlined in their Citizenship Act of 1984. [21] Interested parties can acquire citizenship if they pass the government's strict background checks and make an investment into an approved real estate development.
The level of investment required also varies between countries and programs. For example, Caribbean citizenship-by-investment programs require less of an investment than those programs in the EU. In Dominica the minimum investment required is USD $200,000 [7] and St. Kitts and Nevis the minimum investment required is USD $250,000 [25]
For example, a citizen of St. Kitts and Nevis who need to travel urgently and whose passport has expired, been lost or stolen can be issued with an emergency travel document by a British foreign mission as long as this has cleared with the Ministry of Foreign Affairs of Saint Kitts and Nevis. See List of diplomatic missions of Saint Kitts and ...
The Constitution of Saint Kitts and Nevis was adopted on 23 June 1983 and took effect when the country became independent on 19 September 1983. It consists of 11 chapters and various schedules, which establish the rights, responsibilities and definition of the citizens of the federation.