Worldway Group has learned that the St. Kitts Immigration Department has issued amendments to theSt. Kitts citizenship by investment policy regulations, which have officially come into effect as of January 1, 2017.
The new legislation includes several significant changes:
First, changes to the age of dependent applicants:
1. The age limit for full-time, economically dependent children of the primary applicant and spouse is raised from under 25 years to under 30 years.
2. The age limit for economically dependent parents or grandparents of the primary applicant and spouse is lowered from over 65 years to over 55 years.
Second, changes to the donation amounts for the Sugar Industry Fund:
1. The donation amount for a single applicant remains at USD 250,000;
2. For the primary applicant and up to three dependents, the donation amount is USD 300,000;
3. For each additional person beyond this threshold, the amount increases by USD 25,000.
As a leading immigration agency promoting the St. Kitts citizenship by investment program, Worldway has established strong relationships with the government. Currently, the St. Kitts and Nevis Central Business District project, exclusively represented by Worldway, is experiencing remarkable sales success. This project is the first commercial investment immigration program approved by the Government of St. Kitts and Nevis, and is the only commercial real estate project in the country. Investors only need to invest from USD 400,000 to quickly apply for St. Kitts passports for up to four generations, with the added benefits of profit and appreciation potential. For more details about the St. Kitts and Nevis immigration project, please consult 400-138-2929.
