St. Christopher & Nevis is a former British colony in the West Indies, an island group in the Caribbean which attained independence from the United Kingdom in 1981.
As on many Caribbean islands, in St. Kitts & Nevis the sugar cane industry came under pressure in the second half of the 20th century. Alternative economic branches had to be found as a replacement. Today tourism is the primary income source for the country. In comparison to other Caribbean islands, it is still very much in its beginning stages on St. Kitts & Nevis.
Citizenship by Investment in St. Kitts & Nevis
With the establishment in 1984 of the first Citizenship-by-Investment program in the world, the country laid the foundation stone for a development boost. With access to the Schengen Area in 2010, development again gained additional momentum. The conditions for citizenship in St. Kitts & Nevis are either a contribution to the government fund SIDF (Sugar Industry Diversification Fund) or an investment in an government approved real estate plus additional government fees. The amount of the contribution to the SIDF or the amount of the government fees vary on the family size and constellation. As with all Citizenship by Investment programs a clean personal background and an impeccable character are basic requirements.
The passport of St. Kitts & Nevis gives it’s citizens access to 132 countries, including in addition to the Schengen states, the United Kingdom, Hong Kong, Singapore and since March 2015 Brazil.