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Calvin St Juste on St Kitts and Nevis Citizenship by Investment
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The RIF Trust Reaction to the New St Kitts and Nevis Citizenship by Investment Unit Chairman
Our Caribbean Citizenship by Investment specialist is Leila Bagheri. She welcomes the appointment of Calvin St Juste as St Kitts and Nevis Citizenship by Investment Unit Chairman.
Bagheri believes that “the winds of change can reinvigorate interest in St Kitts and Nevis Citizenship by Investment, the world’s oldest CBI programme.”
Our Caribbean Citizenship by Investment expert points to Calvin St Juste’s employment background as evidence of his worth: “The new chairman brings a wealth of Wall Street experience to his role within the St Kitts and Nevis Citizenship by Investment Unit.”
“As well as serving as St Kitts and Nevis’ Special Envoy for Investment, Development and International Business Relations, St Juste’s professional career is impressive. This includes a stint as COO at prestigious investment bank, Morgan Stanley.”
Introducing Calvin St Juste
On Monday, September 16, 2024, the St Kitts and Nevis CIU sent out a press release from its Basseterre base. Let us address the pertinent details. The release begins with the upbeat “Under the leadership of new Chairman His Excellency, Calvin St. Juste, the newly reformed St. Kitts and Nevis Citizenship by Investment Unit (CIU) is off to a flying start as it ramps up operations within the country.”
The St Kitts, under Calvin St Juste, is on a transformative journey. St Juste shares the 6 central tenets that will act as waymakers: “
- Transparency
- Communication
- Good governance
- Transformation
- Global leadership
- Sustainability”
Calvin St Juste goes into greater deal about these 6 standards. He says: “It is a privilege to lead the Citizenship by Investment Unit into the next phase of its development, building on our reputation as the first and the finest.”
“Each of these principles is integral to delivering with excellence in everything we do, with a focus on professionalism and outstanding customer service. We look forward to working in collaboration with key stakeholders and strategic partners to achieve this ambition.”
St Juste’s appointment coincides with the “departure of Head of the Unit Mr. Michael Martin, who has stepped down from his role.” Expect further new arrivals as over 1,000 applicants compete for 27 vacant positions.
This new statutory body’s official start date is Tuesday October 1, 2024. This will see Calvin St Juste commence a worldwide promotional tour, beginning in Asia and the Middle East.
Your St Kitts and Nevis Citizenship by Investment Options
With St Kitts and Nevis citizenship comes a highly-prized St Kitts and Nevis passport. This enhances your global mobility, enabling you to visit 166 destinations without a visa. Here’s how to get one and make your business and leisure travel more hassle free:
- Donate $250,000 to St Kitts and Nevis’ Sustainable Island State Contribution (SISC). This allows you to apply as a family group of 4. Additional dependents under the age of 18 incur an extra charge of $25,000. Those over 18 trigger a supplementary fee of $50,000.
- Make a property investment. For the Developer’s Real Estate Option, you will need to pay a minimum $400,000 and retain ownership of the property for no less than 7 years. Buying an Approved Private Home will cost a minimum $400,000 for a condominium rising to $800,000 for a single-family dwelling. Again, you must maintain ownership of this real estate unit for at least 7 years.
- Contribute a minimum $250,000 to an Approved Public Benefit Project that provides employment for St Kitts and Nevis locals. Once this development is finalized, you will transfer ownership of property to the State.
St Kitts and Nevis Citizenship FAQ
1.) How Do I Get St Kitts and Nevis Citizenship?
You become a St Kitts and Nevis national by investing. There are 3 investment options for you to choose from. The first is a minimum $250,000 donation to the country’s Sustainable Island State Contribution (SISC). A second option is to invest in property within a range extending from at least $400,000 to a minimum threshold of $800,000. Finally, you can make a contribution of no less than $250,000 to an Approved Public Benefit Project that creates jobs in St Kitts and Nevis.
2.) Which Benefits Do I Receive From Becoming a St Kitts and Nevis National?
Base yourself in St Kitts and Nevis and as a tax resident, you’ll reduce your liability to % on any foreign income generated. Our regularly-updated Passport Index currently rates the St Kitts and Nevis passport as the 16th strongest travel document in the world. With this powerful passport in your hand, you can travel to 166 visa-free countries worldwide.
3.) How Long Will It Take to Process My St Kitts and Nevis Citizenship Application?
At present, the fastest you’ll receive St Kitts and Nevis citizenship will be 6 months. The longest period of time you’ll have to wait to become a St Kitts and Nevis national will be 12 months.
How to Apply for St Kitts and Nevis Citizenship in 2024
You cannot apply for this Citizenship by Investment directly. Get in touch with a leading Citizenship by Investment authority like RIF Trust to find out more about the advantages and requirements of making an investment in St Kitts and Nevis citizenship. So, contact us now and we’ll show you how to kickstart the St Kitts and Nevis Citizenship by Investment application process.