St. Kitts and Nevis Citizenship

The Federation of St Christopher and Nevis, also known as St. Kitts and Nevis boasts of the oldest Citizenship by Investment program in the world. The program was established in 1984 and allow foreign investors to acquire citizenship in St. Kitts and Nevis if approved. The granting of citizenship is at the sole discretion of the government following a due diligence process.

Key Benefits:

• Fast processing approximately ninety (90) days
• Includes dependent children under 25 years of age, and dependent parents over 65 years old.
• There are no physical residence requirements.
• Full Citizen of the Federation of St. Kitts and Nevis
• Offers visa-free travel to over 150 territories worldwide.
• No personal income tax on local or worldwide income.
• Recognizes dual citizenship.

The Tamarind Cove Marina Development Limited is an approved Citizenship by Investment (CBI) Project by the Federal Government of St. Kitts and Nevis through which investors and purchasers may qualify for St. Kitts and Nevis citizenship.

Anyone who purchases a fractional condominium, full condominium or a yacht slip for a minimum USD $400,000.00 qualifies to apply for citizenship of St. Kitts and Nevis.

Please contact Tamarind Cove Marina Development for further details.

FRACTIONAL SALES

Some of the Condominiums and Private Residences will be sold as Fractional Ownership. The Private Residences will be sold along with fractional ownership of yacht slips.

FRACTIONAL vs TIMESHARE

Fractional ownership is very similar to the concept of Timeshare for the part time usage of the same unit. The important difference between both concepts is that the fractional owner actually receives a legally registered Certificate of Title that demonstrates ownership for a specific period of time of that unit outlined in the Purchase and Sale Agreement.

There are three (3) types of fractional ownerships:

1. A purchaser may purchase a Fractional of a Condominium or Private Residence, with   fractional of a yacht slip.
2. A purchaser may purchase a full yacht slip (at a specific price). The owner of that yacht slip then automatically gets fractional ownership of a Condominium or Private Residence, with an allocated number of days usages per year for life.
3. A purchaser may purchase full ownership of a Condominium Unit, along with fractional ownership in a yacht slip.

OWNER’S BENEFITS:

• One twelfth (¹/₁₂) share of fifty (50) linear foot slip for the life of the Marina
• Priority A member in the Tamarind Cove Marina Development Limited reseller program. This program links sellers and buyers worldwide through Tamarind Cove Marina Development Limited network of sales agents worldwide
• No maintenance fees for the first five (5) years
• Guaranteed rental return option
• Priority A for rental in slip and condo rental program
• Membership in the Yacht Club, Private Members Club and all other membership clubs in the Marina for life (as long as they maintain ownership of Fractional, the benefits pass to next owner, if sold).