St. Kitts and Nevis Park Hyatt
The St. Kitts & Nevis Park Hyatt Investment Program is for eligible investors and applicants looking to obtain an alternative citizenship in St. Kitts & Nevis through investment in luxury property. Investors can purchase a ‘qualifying’ share of ownership of the Park Hyatt St. Kitts 5-star hotel. This program requires a financial commitment of at least USD 220,000. Successful applicants are granted St. Kitts & Nevis citizenship for life.
Minimum Investment: USD 220,000
Advantages of St Kitts and Nevis citizenship
- Citizenship for life, applicable for future generations
- Dual citizenship is permitted
- Dependents included:
- Spouse
- Children up to 30 years old
- Parents and Grandparents above 55 years old
- Siblings up to 30 years old, that are single & childless
- Visa-free travel/entry to over 150 countries
- No language requirement
- Attractive tax regime; no personal taxes
- No country restrictions
- No residency requirement
- Fast physical processing times
- No education or management experience required
- Ability to live, work and settle in any other member of the CARICOM
Investment in Park Hyatt St Kitts
- 5 Star Prestigious Hotel
- Investors can purchase a ‘qualifying’ share of ownership of the Park Hyatt St Kitts hotel
- Investment amount is USD 220,000 (Qualifying ½ share)
- The hotel is currently operational
- Investors qualify for Diamond Level Hyatt Gold Passport for 2 years, incorporating VIP Privileges
Security in the Investment
- Capital investment can be recovered after 7 years
- Government backed project strongly supported and approved for the Citizenship-by-Investment program
- No ongoing maintenance or service fees
- Annual return of 3-5% from hotel operations paid in US Dollars
Requirements
- Be over 18 years of age
- Have no criminal record
- Provide all the required documents in English
- Make a ‘qualifying’ real-estate investment which must be held for a minimum period of 7 years
- The application must be submitted through a government-authorised agent
Process (between 4-8 months)
- Application takes an average of 6 months
- Accelerated Application Processing option available
- Complete reservation form and pay a 10% deposit
- Complete Application Forms, payment of legal and due diligence fees
- Upon approval, payment of balance of investment, government fees, stamp duty and other fees
- Investor then obtains a Certificate of Citizenship & passport
Read also: ROYAL ST. KITTS