Untitled - Vacation For Life, St. Kitts
Transcription
Untitled - Vacation For Life, St. Kitts
Vacation For Life We all feel the demands of life pull us in many directions. We all yearn for that rare moment when we can finally escape to that much earned vacation. We all wish we could get away more often and that it could last much longer. And that’s just it…because we all live for vacation, we simply thought…why not Vacation for Life? Well, the Royal St. Kitts Hotel1 has now made that a possibility, offering condominium units at its tropical, 18-acre resort property through its Vacation for Life Condominium Program. The Vacation for Life Program is also a St. Kitts-Nevis Government-Approved Investment Opportunity for Economic Citizenship. Under the Federation of St. Kitts and Nevis’ long-established Citizenship by Investment Program, investors of good character are eligible for St. KittsNevis citizenship when they invest at least $400,000 USD on real estate sold by a government-approved developer. Dieppe Bay BEAUMONT RACE TRACK Sandy Bay e Gate White St. Pauls Point oint Atlantic Ocean Grange an nge Bay ST. KITTS Hermitage Bay Fig Tree ee Pump ump Bay Conaree Bay Conaree Village H alf M oon o Bay Half Moon GO SE UR CO LF BLOODY POINT Old Road Bay Bloody Point Palmetto Bay Palmetto Poi nt Point Lim mekkiln Limekiln Bayy SERENDIPITY Hotels/Developments Villages Ferry Terminals Train Tour Scenic Railway Tour buses Island Main Road between La Valle and Needsmust Deep Water SS. Fr Frigate rigat g te e Bay B y H Harbour r North Friar’s Bay TTurtle urttlle B Bay Canoe Bay Machineel Bay Machin SSandyy Bank Bay Mosquito Bluff Ross University versity Historic Sites North N orth rth h FFrigate Frigat Bay B White Whit te House Bayy Guana Point G Ballast Bay BEACH HOUSE Hurricane Cove Bungalows Nisbet Plantation Oualie Beach Resort SPICE MILL Cockleshell Bay Mt. Nevis Hotel Green Point Major’s Bay SEA BRIDGE Buggs Hole Nag’s Head Four Seasons Resort The Hermitage Golden Rock Inn Bananas Beaches Race Track Restaurants Old Manor Montpelier Plantation Inn The Destination Islands Magazine lists St. Kitts as one of the best 20 islands to live on and characterizes the island as “one of those increasingly rare isles that hasn’t been overrun by mega development” (July/August 2007). That’s exactly why we like it and why we believe you will too. Experience authentic Kittitian life: stroll through the capital city of Basseterre, hike the rainforest, take an unforgettable ride with the St. Kitts Scenic Railway, rejuvenate on a catamaran cruise to Nevis, or just “lime” on one of St. Kitts’ many beautiful beaches. There’s no shortage of things to do here and no requirement to do anything in particular! St. Kitts and Nevis Quick Facts Banking Capital City Climate Currency Government Language Legal System Location Population There are 5 banking institutions: Bank of Nova Scotia, First Caribbean International Bank, St. Kitts-Nevis-Anguilla National Bank, Royal Bank of Canada, and Royal Bank of Trinidad & Tabago Basseterre Pleasant tropical temperatures ranging from 17° to 33°C Eastern Caribbean Dollar (fixed at 1 USD = 2.70 XCD) Parliament democracy within Commonwealth of Nations. Full participating member of the Caribbean Community (CARICOM) and the organization of Eastern Caribbean States (OECS) English English Common Law and a member of the Eastern Caribbean Supreme Court system. Part of the Leeward Islands of the Caribbean, West Indies Approximately 52,402 (World Bank, 2010) The Frigate Bay Area View From The Caribbean Sea The Hotel is located in the main tourism area of St. Kitts known as Frigate Bay, located a mere 7 minute drive from the airport and offering a variety of restaurants and hotels, the Royal St. Kitts Golf Club2, and stunning views of both the Atlantic Ocean and the Caribbean Sea. The Hotel The Royal St. Kitts Hotel was the first major hotel to open its doors in St. Kitts in 1983, and has been welcoming tourists and locals for over 29 years now. The 18-acre resort property3 is located on a private lake, directly across from North Frigate Bay Beach, and offers an array of amenities. The Vacation For Life Condominium Legal title to real estate for life. The opportunity to hold a passport to paradise. When you purchase a Vacation for Life unit with us, you will receive registered legal title to one of our resort’s condominium units. Since you hold title to your condominium unit in perpetuity, you are free to transfer your unit through re-sale4, gift or by will. If you apply and qualify for Economic Citizenship, please note that you are required to hold your investment for a period of at least 5 years. If you apply and qualify for Economic Citizenship to St. Kitts and Nevis, not only will you own real estate in a tropical paradise, but you will also hold citizenship to one of the most beautiful islands out there. St. Kitts and Nevis have much to offer and the Economic Citizenship Program provides you with unique benefits, including: An unspoiled, tropical hideaway at an unbeatable price. In a destination that is increasingly becoming known as the high-end unspoiled Caribbean alternative to many of the overdeveloped tourist traps, the Royal St. Kitts Hotel is offering a Vacation for Life to the tranquil Caribbean at an affordable price, with prices starting at $400,000 USD for a condominium unit. Hassle-free rental profit. If you decide that you can’t use your unit in a particular year, simply deposit your unit in our Hotel’s Rental Program and we’ll rent it out on your behalf. You can choose whether you wish to enter the unit into the Monthly Rental Program or the Hotel Guest Rental Program. Stress-free ownership of real estate. With an experienced Hotel Management to support you, you can enjoy all of the benefits of owning a condominium unit, with none of the worries of maintenance, security, or upkeep. Just leave it all to us! Monthly condominium maintenance fees start at $350 USD per month and cover all maintenance, utilities, and insurance costs. • Full citizenship for life. If the applicant passes the requisite due diligence checks, citizenship is awarded for life. • Right to dual citizenship. There is no need to abandon existing citizenship or to notify your home country. • Visa free travel. A St.Kitts-Nevis passport allows you visa-free travel to numerous countries, including the United Kingdom and Canada. • Favourable tax policies. As a citizen of St. Kitts and Nevis, you can enjoy tax free status on all income, capital gains, gifts, wealth and inheritance.5 • Full residency status. You will obtain the right to reside in St. Kitts and Nevis, and some CARICOM member countries. • Valid passports. A valid passport is issued to a successful applicant and other eligible family members. • Certain preferential treatment afforded to Commonwealth citizens in the United Kingdom. • Wonderful climate and scenery. St. Kitts and Nevis is well known for its beautiful climate and serene landscape. the Kittitian escape Kittitian Escape Décor Option. the sugar haVen Sugar Haven Décor Option All units are fully furnished and feature a private balcony or patio, the choice of a king size bed or 2 double beds, private bathroom, internet access, a flat screen TV, and other guest amenities. Units and suites with kitchenettes are also available. Please refer to the legal documents for a full, detailed description of the units. Applying For Economic Citizenship In order to apply for Economic Citizenship, eligible applicants must submit the following documentation, along with the applicable fees6, to the St. Kitts Government’s Citizenship-by-Investment Unit: a completed original Application and an executed Vacation For Life Contract for Purchase. Each applicant must complete an Application, which can be obtained from: 1. any Authorized Person, 2.the Citizenship-by-Investment Unit. For the list of Authorized Persons, please visit the Citizenship-by-Investment Unit’s website at www.ciu.gov.kn. The Citizenship-by-Investment Unit aims to process applications within ninety (90) days. Once the Certificate of Registration for Citizenship has been granted, the applicant must then apply to the Ministry of National Security and Immigration to obtain a Passport. The Ministry generally processes Passports within approximately 10 working days.7 Required Documents Please find below a list of all documents that must accompany a completed Application.8 Documents Required from Each Applicant, Including Children 1.Photograph and Signature Certificate (Form C2), completed by a Notary Public. 2. Medical Certificate (Form C3), including original results of HIV test no older than three (3) months, completed by a licensed Medical Practitioner. 3.Certified copy of your current passport(s) showing name, citizenship/nationality, date and place of issue, issuing country, passport number, expiry date and photo. 4.Certified copy of your current national identity card(s). 5. Six (6) original passport-size photos of yourself taken within the past six (6) months. One photo must be certified and attached to Form C2. 6.Two (2) original certified copies of full birth certificate. 7. Original police certificate(s) from your country of citizenship and from any country where you have lived more than one (1) year within the past ten (10) years. Police certificates must be less than six (6) months old at the time of your application. 8. Certified copy of military records (if applicable). 9.Certified copy of proof of name change (if applicable, i.e. statutory declaration, adoption papers, etc.). 10.Any other document in support of statements made in Application, as required by the Citizenship-by-Investment Unit. Additional Documents Required from the Primary Applicant Alone 1.Original bank reference letter issued by an internationally recognized bank. Bank reference letter must not be more than six (6) months old. 2.Original professional reference (e.g. attorney, chartered accountant, notary public, or other professional of similar standing). Professional reference letter must not be more than six (6) months old. 3.Original document of evidence of residential address (e.g. certified copy of a recent utility bill or bank statement showing full name and address, or written confirmation from a bank, attorney, notary public or chartered accountant). Documents Required if Spouses Apply Together, Only if Applicable 1.Two (2) original certified copies of marriage certificate(s). 2.Certified copy of divorce document(s) (if applicable). Applicable Fees After the application has been processed, the Citizenship-by-Investment Unit will notify your authorized person of the application status and whether it has been approved in principle or denied. If you have been approved in principle, proof of the investment will be required. In addition to proof of the investment, the applicable Registration Fees and the fee for each Certificate of Citizenship Registration must be sent to the Citizenship-by-Investment Unit payable to the Accountant General. ECONOMIC CITIZENSHIP FEES COST IN USD9 Application Form $250 per applicant10 11 $7,500 per main applicant, Due Diligence/Background Check $4,000 per dependent over the age of sixteen (16). Main Applicant Registration Fee $50,000 Spouse Registration Fee, if applicable $25,000 Children under eighteen (18) years old $25,000 per applicant Registration Fee, if applicable Other Adult Family Member12 $50,000 per applicant Registration Fee, if applicable Certificate of Citizenship Registration $47 per applicant Legal Fees Dependent on Authorized Person PASSPORT FEES Passport Fee Adult Passport Child under sixteen (16) years old COST IN EASTERN CARIBBEAN DOLLARS Payment is made in the form of local Postage Stamps in Eastern Caribbean Dollars $675 (received in 10 working days) $975 (received in 4 working days) $675 (received in 10 working days) $975 (received in 4 working days) Paradise Awaits You... Contact Us If you’d like to Vacation for Life, simply wish to learn more, or would like additional information on the St. Kitts-Nevis Economic Citizenship by Investment Program, please contact us at: Tel 1: 869.762.8657 Tel 2: 869.466.3068 Fax:869.466.6960 Email:[email protected] Mail: Royal St. Kitts Hotel Attn: Vacation for Life Department P.O. Box 406 Frigate Bay, St. Kitts, W.I 1 The Royal St. Kitts Hotel and the Vacation for Life Condominium Program are owned and operated by Trans-Americainvest (St. Kitts) Ltd., a private company incorporated under the laws of the Federation of St. Kitts and Nevis. 2 The Royal St. Kitts Golf Club is not affiliated or related to the Royal St. Kitts Hotel or Trans-Americainvest (St. Kitts) Ltd.. 3 The Property Map is an approximate visual representation of the Royal St. Kitts Hotel & Casino property; the names and use of the amenities and/or commercial facilities may be subject to change. 4 The Royal St. Kitts Hotel is not advertising or guaranteeing the opportunity to make a profit on the appreciation of the condominium unit, but is merely advertising the transfer opportunities that exist with holding legal title in perpetuity. 5 Tax policies and laws are subject to change at the sole discretion of the Government of St. Kitts and Nevis. 6 Fees are subject to change at the sole discretion of the Government of St. Kitts and Nevis. You should confirm the applicable fees with the relevant Government authorities prior to executing any Contract for Purchase. 7 Timelines for processing applications are entirely dependent on the applicable Government authorities and may be changed at the Government’s sole discretion. 8 Documents must be in English or, if translated in English, must be accompanied by an authenticated translation completed by a professional translator. Any photocopies must be notarized and properly certified. 9 Fees may be paid in the Eastern Caribbean Currency equivalent. 10 This fee is non-refundable in the event that your application is denied. This fee is non-refundable in the event that your application is denied. Please refer to section 2 of the Saint Christopher and Nevis Citizenship by Investment Regulations (No. 52 of 2011) for a definition who may qualify as a dependent to the main applicant. 11 12 Specific unit features and unit décor are proposed and subject to change. Individual units may vary. This advertising material is being used for the purpose of soliciting sales of a vacation ownership and condominium plan. This is not directed to residents in any region or state in which a registration of the vacation ownership and condominium plan is required, but in which registration requirements have not yet been met.