The St. Kitts and Nevis Citizenship by Investment (CBI) program was established in 1984. The program enables a person who is over eighteen years of age, and who meets the requirements set forth in the application, to establish citizenship by, among other things, investing in a real estate project that has been approved by the government for such a purpose. Paradise Palms, Nevis is such a project and offers many advantages to its owners.
The Carib name for Nevis is Oualie, meaning 'Land of Beautiful Waters,’ and it certainly lives up to its name. Paradise Palms is a 'green' community that delivers a luxurious, elegant and relaxed lifestyle. Best of all, it is planned as an exclusive resort community, close to the Four Seasons Golf Course, and minutes from the beach club. Owners in Paradise Palms can choose between one and two bedroom luxury cottages, where they can enjoy wonderful views of Nevis Peak foothills and soft Caribbean breezes.
Paradise Palm Advantages for St Kitts Real Estate Citizenship
Paradise Palms' advantages with regard to CBI are specific and have been designed to satisfy the program's preferred details:
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All of the available properties are single-title and freehold.
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The investment is $400,000, including all closing costs.
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The developer has a 15-year track record, so continuity for future performance is strong. This, in turn, indicates a strong five-year exit strategy for investors' buy-back options.
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Once your purchase is approved, your citizenship application can proceed.
Other Advantages
Other advantages of owning in this desirable community include:
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A unique island lifestyle which encompasses the 'Nevis brand' so favored by American and European investors, making it a perfect location for full-time or part-time occupancy.
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The property management team is experienced in both the CBI program and 'lifestyle' resort planning.
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The five-year lease-back program provides both cost-free and problem-free ownership. There is a guaranteed 4% return for the first four years.
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If you do not want to use the lease-back program yourself, the management team will handle a flexible rental program for you.
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The rental program's rates deliver high occupancy with realistic
returns, and can be utilized on a year-by-year basis.
This is a unique and highly-coveted opportunity to own a luxury property in one of the world's most sought-after destinations and to achieve citizenship in this English-speaking nation. Please contact us so we can answer your questions and provide you with detailed guidance and advice.
