St.Kitts Public Benefit Option – MSR Media
As of late July 2023, The Citizenship by Investment (CBI) Programme in St Kitts and Nevis has undergone recent revisions to foster advantages for local enterprises, entrepreneurs, and the diaspora. A novel addition, the Public Benefit Option (PBO), now enriches the CBI for investors.
Through the Public Benefit Option, the Cabinet possesses the authority to allocate public benefit units to an Approved Public Benefactor, for subsequent sale on the international market at a minimum rate of USD 250,000 per unit. Those acquiring these units can subsequently seek citizenship within St Kitts and Nevis through the CBI Unit.
St.Kitts Public Benefit Option Advantages
- Red Carpet access to the movie industry in St Kitts & Nevis
- Citizenship for life, applicable for future generations
- Dependents included:
- Spouse
- Children up to 25 years old studying full-time
- Parents aged 65 years old or older
- Visa-free travel/entry to over 150 countries
- No language or residency requirements
- Dual citizenship is permitted
- Attractive tax regime; no personal taxes
- Freedom of movement in the CARICOM
Public Benefit Option (PBO) & Benefits
- Donation of USD 250,000 to MSR MEDIA SKN Ltd a boutique Film & TV production company leading the industry in St Kitts & Nevis
- Government backed project strongly supported and approved for the Citizenship-by-Investment program
- Benefits include:
- Two business class tickets from the USA, UK or Canada to ST Kitts & Nevis to ‘meet the stars’ or ‘attend the film festival’
- 7 days in a 5-star hotel in St Kitts & Nevis
- Membership of MSR Media’s Private Club including an all-inclusive dining experience for 2 & sunset cocktails
- All Access ‘Behind the Scenes’ Film experience\
- Opportunity to be in a movie!
- Name listed in “Special thanks” in credits
- Invitation to attend St Kitts & Nevis Film Festival
- Receive St Kitts & Nevis Concierge Services
Public Benefit Option Requirements
- Be over 18 years of age
- Have no criminal record
- Provide all the required documents in English
- Make a ‘qualifying’ donation to a government approved Public Benefit Option
- Application must be submitted through a government-authorized agent
- Investors must attend a mandatory interview either in person or virtually
Process (between 6-10 months)
- Application takes an average of 8 months
- Reserve unit with MSR Media
- Complete Application Forms, payment of legal and due diligence fees
- Decision provided within 120 days
- Upon interview and approval, complete payment of qualifying sum, government fees, stamp duty and other fees
- Applicant then obtains a Certificate of Citizenship & Passport
Similar Citizenship by Investment Programs
The present document is intended for guidance and general information only and does not constitute or purport to provide you with legal advice. Such information is subject to changes without notice. Each case is unique and depends on the facts and circumstances of the individual and due consideration should be taken if applying the general information to your personal situation. For an evaluation of your personal circumstances one of our legal team would be happy to assist.