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St Kitts and Nevis announces extension to Citizenship by Investment Programme Sustainable Growth Fund Limited Time Offer due to unprecedented demand

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BASSETTER, June 29, 2023 (GLOBE NEWSWIRE) — International investors have been clamoring to take advantage of one of the best deals in the investment immigration industry this year — the St. Kitts and Nevis Sustainable Growth Fund (SGF) is offering a limited-time offering (LTO) allowing investors to get approved for Alternative citizenship in the country in as little as 60 days for a reduced fee.

In December 2022, the Head of St Kitts and Nevis Citizenship by Investment Unit (CIU), Michael Martin announced the enactment of the updated St Kitts and Nevis Citizenship by Investment Regulations for 2023, which included the introduction of a LTO for SGF investment from 1 January 2023 – 30 June 2023.

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On June 29, 2023, Michael Martin made the following comment regarding LTO:

“We had such an overwhelming response and demand for the option to invest in the Sustainable Growth Fund through our limited-time offer that we felt we had to extend the offer for another seven months until January 31, 2024. International investors continue to see the value of the world’s first and most prestigious citizenship-by-investment program and this proves it “.

The SGF remains the fastest and easiest route to alternative citizenship in St. Kitts and Nevis and as of now until January 31, 2024, the main applicant can obtain an alternative citizenship by just contributing $125,000 to the SGF and receiving approval in principle within 60 days From recognition by CIU to submitting their application.

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Under the long-term agreement, the minimum contributions to the Social Security Fund are as follows:

  • Single applicant – $125,000
  • Main applicant and spouse – $150,000
  • Main applicant and up to three dependents – $170,000
  • Each additional dependent under 18 – $10,000
  • Each additional dependent over the age of 18 – $25,000

Revenue from the Social Security Fund facilitated the country’s economic development and social uplift. The SGF is used to provide financial support for educational institutions and medical facilities, as well as supporting infrastructure development, increasing tourism, preserving local culture and heritage, and supporting sustainable growth initiatives in the twin-island nation.

Discerning investors see the benefits of being part of the St Kitts and Nevis success story. After upgrades to CBI regulations, the country now offers one of the safest and most regulated investment immigration offers in the world.

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This means that international investors looking to hedge their bets in a stable and growing economy should look no further than Saint Kitts and Nevis.

This extension is a great opportunity for investors to obtain citizenship through LTO. This is a final extension, and as of February 1, 2024, the Social Security Fund minimum contribution will be increased to the amounts prior to the LTO period.

The country is making sure it has only the best to offer international entrepreneurs and families who have realized that global powers are no longer shining investment options due to security risks. Investors want to ensure that they can protect their families and their wealth in a global economy that has offered nothing but uncertainty since the onset of the COVID-19 pandemic in 2020.

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Smaller governments such as that of St. Kitts and Nevis have found ways, through CBI, to protect themselves from global shocks, to offer favorable trade policies aimed at the growth of companies in international markets, and by using international funds channeled into the SGF, to diversify and grow. their economy to meet global needs.

St. Kitts and Nevis continues to make a name for itself as a financial nexus in the Caribbean with an attractive CBI program backed by a sound legal framework and robust multi-layered due diligence.

For nearly 40 years, St. Kitts and Nevis has been a leader in the global investor immigration industry and those in the know benefit from an LTO.

St. Kitts and Nevis continues to make a name for itself as a financial nexus in the Caribbean with an attractive CBI program backed by a sound legal framework and robust multi-layered due diligence.

For nearly 40 years, St. Kitts and Nevis has been a leader in the global investor immigration industry and those in the know benefit from an LTO.

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