About St. Kitts and Nevis

St. Kitts and Nevis is a Caribbean Island consisting of stunning beaches and tropical landscapes. Its diverse culture with African, British, Carib, and French influences. It is preferred for owning a second home in the Caribbean, enjoying good air links to Europe and North America.

The citizenship program of St. Kitts was started in 1984 and requires investors to make a participate in the country’s economy resulting in full citizenship.
The CBI program offered currently the most popular by provisioning Visa-free travel to European Schengen areas including the UK, Europe, Switzerland, Singapore. There is no residence requirement before and after Passport hence Investor can enjoy lifetime citizenship with a one-time investment.

There is no restriction on dual citizenship while investors can Pass citizenship to descendants and families.
 

ST KITTS AND NEVIS CITIZENSHIP BY INVESTMENT PROGRAM

The Government of St. Kitts and Nevis has an old “Citizenship-by-investment” program attracting foreigners, who make a significant contribution to Country Development. To avail the citizenship of St. Kitts and Nevis under its CB1 Program, there are two direct options. Investors can directly qualify for citizenship through investment, either by making a donation or investing in real estate purchases. A minimum donation investment of $150,000 of Sustainable Growth Fund (SGF) or investment of a minimum of $200,000 in real estate will gain Citizenship.

 

Investment Programs

Sustainable Growth Fund

By 2018 Saint Kitts & Nevis set up a new permanent investment fund to replace the temporary Hurricane Relief Fund. The new Sustainable Growth Fund is open for donations which will benefit St Kitts and Nevis in workable areas such as heritage, healthcare, education,  energy, infrastructure, tourism and culture, climate change, etc.
The Sustainable Growth Fund for a single applicant will require a contribution of US $150,000, inclusive of Government fees. The contribution for a family of up to four will be the US $195,000.
•             US$150,000: Single applicant.
•             US$25,000: Spouse.
•             US$10,000: Per additional dependent.

 

Validity of Residence

There is no residency requirement, unlike in Europe. You can directly qualify for citizenship. The passport holders enjoy visa-free travel to over 80 countries, including all EU Schengen countries, Switzerland, the UK, and Ireland. The passport issued carries 10 years validity and after that, it can be renewed.

REAL ESTATE INVESTMENT

To qualify for citizenship under the real estate option, the Govt requires a minimum of USD 400,000 investment in approved real estate projects.
Effective from April 2018 the minimum Property investment required is US$200,000 (resalable after 7 years) or US$400,000 (resalable after 5 years) for every main investor along with payment of necessary fees and charges apply.

The Real Estate Investment must be in Government approved Projects with an average processing duration of 4 to 6 months, the property is purchased from a developer that meets all requirements for fast processing of citizenship applications.

Updates & New Rules

• By the end of 2021, the Limited Time Offer Program will expire which reduced 45000$ on Family Applications. From January 2022 it will rise again to 195,000$ plus fees for families.
• The real estate investment is recoverable but you can only sell your property after 5-7 years.  As of new regulations from 2012, the next buyer qualifies for citizenship. No changes to pricing for single applicants or for real estate options.
• Nationals of countries Iran, Afghanistan, North Korea, and Cuba are not eligible to apply regardless of them wherever they are living.
• The  Accelerated  Application Process (AAP) comprises 60 days available subjected to $25,000 per applicant and $20,000 per dependent. Most applications are processed within 45 days under AAP.
• The SIDF (Sugar Industry Diversification Foundation) investment option is currently closed and not available under the CBI program.

Contact Advisor

Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.

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