Real Estate & Second Passport in St. Kitts and Nevis
Zenith Nevis
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Overview
Cades Bay Development Ltd. (CBD), a Nevis registered company owned by the Snilsberg-Wienpahl family, is developing 6 acres of beach property in Cades Bay, Nevis. Zenith Nevis is the brand name of the project. The property has a prime location, on the leeward side of Nevis facing west.
CBD have obtained all necessary approvals for the development of 27 holiday homes. The project is also pre-approved for the Citizen by Investment Program. One contemporary high-end villa is built and offered in the rental market.
The company plans to build 6 more villas in Phase 1, and another 4 houses containing 8 units in Phase 2 of the development. If sold as fractions (in the citizen by investment program), the number of fractions for sale is 130. The sales price is USD 400,000 per fraction. 4 contracts have been signed to date.
About This Unit - Model 1
Your private Zenith Beach House fractional ownership encompasses over six acres of direct-access, beach front property. Each Beach House features an elegant residence in a quiet setting amidst lush gardens, your exclusive sanctuary steps from the sea.
Zenith Beach House Features:
Zenith Beach House Features:
- 1,471 sq ft under roof
- 1,099 sq ft of outdoor patios
- Two bedrooms
- Ocean and mountain views
- Large entertainment area
- Large oceanside covered veranda
- Open style kitchen
- Fully air-conditioned
- Cable, internet and telephone
- High-quality appliances
- Integrated sound system with iPod docking
- Contemporary styling
- Hurricane rated windows and doors
- Limestone floors
- High-tech lighting
- Custom made pools
A quick walk from the beach, these one-bedroom condominiums are sumptuously appointed, with modern finishes. Each unit is approximately 700 square feet, and includes a large living space, a kitchenette, a large bedroom, a bathroom and a walkout terrace.
Features:
One king-size bed or two double beds with soft premium bedding
Air conditioning
Separate sitting area with club chairs and dining area for two
Desk with phone
Coffee/tea maker
Hair dryer
Refrigerator
Unit Photos
Floor Plans
investment
- Developer Cades bay Development Ltd.
- Price $400,000.00
- Type of Ownership Fractions,Free Hold Title
- Annual Days Usage 365
- Reservation Deposit $40,000.00
- Full Down Payment
- Monthly Fees
- Start Paying Fees After 5 years
- Stamp Tax 0%
- Title/Closing Fees
- Expected Roi 0%
- Construction Progress 25% Complete%
- Rental Pool Yes,Optional
- Number of Units 27
- Units Available 26
Project Brochure
Program
- dual citizenship Yes
- Family members included Yes
- land ownership Yes
- Physical residence required No
- Personal visit required No
- Language skills required No
- Interview required No
- Investment Single $200,000
- Investment Family 4 $200,000
- Minimum annual income -
- Time to citizenship 4
- Time to permanent residency
- Visa-free countries 136
- Financing available Yes
citizenship benefits
Fees
| government fees main applicant | 35,047 |
|---|---|
| due diligence fees main applicant | $7,500 |
| passport fee | $260 |
| other fees | $250 (Application Form) |
| total fees main applicant | $33,057 |
| government fees spouse | $20,047 |
| due diligence fees spouse | $4,000 |
| passport fee | $260 |
| other fees | $250 (Application Form) |
| total fees spouse | $24,584 |
| government fees dependents -18 | $10,047 |
| due diligence fees dependents -18 | $4,000 (over 16) |
| passport fee | $260 |
| other fees | $250 (Application Form) |
| total fees dependent -18 | $19,584 |
| government fees dependents 18-25 | $10,047 (18-30) |
| passport fee | $260 |
| other fees | $250 (Application Form) |
| total fees dependent 18-25 | $19,557 (18-30) |
| government fees dependents +65 | $10,047 (over 55) |
| due diligence fees dependents +65 | $4,000 (over 55) |
| passport fee | $260 |
| other fees | $250 (Application Form) |
| total fees dependent +65 | $19,557 (over 55) |
Country details
Saint Kitts and Nevis
XCD
1869
Basseterre
North America
English
51134
Visa Free Travel
With your new passport from Saint Kitts and Nevis you'll be able to access 136 countries visa free
Documents Required
- Original or Certified copy of Birth Certificate (if applicable)
- Certified copy of passport
- Certified copy of ID Card
- Medical Certificate
- Original or Certified copy of Marriage Certificate (if applicable)
- Original Police Clearance Certificate
- Statement of Source of Funds
- Photograph and Signature Certificate
- Six passport-size photos
- Affidavit of support for Dependents
- Certified copy of Military Records or exemption from military service (if applicable)
- Evidence of Residential Address
- Original Bank Reference Letter (Not older than 6 month)
- Certified copy of proof of name change (if applicable)
- Original Professional Reference Letter (Not older than 6 month)
- Limited Power of Attorney
- Bank Statement
- Certified copy of Business License or Incorporation documents (if applicable)
- Real estate sales and purchase agreement
- Proof of payment of nonrefundable processing and due diligence fees
- Official transcripts of written confirmation from a recognized education center (dependents over 18)