Citizenship By Investment
St. Kitts and Nevis has a pleasant tropical climate with clear waters and a laid-back atmosphere which make the two islands a fashionable tourist destination. The country is also one of the most eco-friendly places on earth. It has the oldest program to obtain citizenship by investment in the world, which began in 1984.
St. Kitts and Nevis is a twin-island nation located in the Caribbean Sea.
The country is 414 km from Puerto Rico and 794 km from Trinidad and Tobago. The average area is 261 sq. km².
It has an estimated population of 58.000 people.
The capital of the state is Basseterre.
The official language:
English is the official language in St. Kitts & Nevis.
The currency is East Caribbean dollar, denoted by XCD
Every 1 USD equals 2.7 Eastern Caribbean dollars.
How to obtain citizenship by investment from ST. Kitts & Nevis?
Based on the statement issued on July 27, 2023, which approved an amendment to the regulations of St. Kitts and Nevis Citizenship by Investment Program, investors are now able to choose from three options as follows:
Sustainable Island State Contribution (SISC) Option:
$250,000 for the Main applicant only
$300,000 is the minimum investment for a family of 2
The main applicant and his/her spouse, or the main applicant and one dependent only.
$350,000 is the minimum investment for a family of 4 members
The main applicant, a spouse, and one or two dependants; or the main applicant and two or three dependants
Fees for adding a dependent after the fourth individual:
- Each additional dependant under 18: US$50,000
- Each additional dependant aged 18 or over US$75,000
Siblings are no longer eligible to be included as dependants.
In addition to Government Fees, Administrative Fees, and Due Diligence Fees.
Real Estate Options: There are two choices:
1-Purchasing a property from one of the real estate projects approved by the government:
To qualify under this option, applicants need to invest at least US$400,000 in a real estate unit in an Approved Development.
In consideration of the following:
– The investment must be retained for 7 years.
– The property can be sold to another investor to obtain citizenship only once.
2- Purchasing private homes:
The investor can select a project of their choice based on the following criteria:
- The minimum investments are US$400,000 for a condominium unit.
- The minimum investments are US$800,000 for a single-family private dwelling.
- An applicant cannot share an investment in a single dwelling with another applicant.
- The property cannot be sold or leased for 7 years.
- It cannot be sold to another buyer who intends to apply for citizenship by investment unless the Federal Cabinet is convinced that substantial additional investments have been made in the property through further construction, renovation, or other means.
Additional Fees:
$25,000 for a single applicant
$15,000 for the spouse
The cost of adding each dependent:
$10,000: Additional fees if the dependant is under the age of 18
$15,000: Additional fees if the dependant is over 18 years old
Siblings are no longer eligible to be included as dependants.
In addition to Government Fees, Administrative Fees, and Due Diligence Fees.
Public Benefit Option
Under this option, applicants can contribute a minimum of $250,000 to an Approved Public Benefits Project to get St Kitts and Nevis Citizenship.
Additional Fees:
$25,000 for a single applicant
$15,000 for the spouse
The cost of adding each dependent:
$10,000: Additional fees if the dependant is under the age of 18
$15,000: Additional fees if the dependant is over 18 years old
Siblings are no longer eligible to be included as dependants.
In addition to Government Fees, Administrative Fees, and Due Diligence Fees.
Advantages of ST. Kitts and Nevis Citizenship Program:
- The ability to include the spouse and children up to the age of 25 in the main application, provided they are still studying.
- The ability to include the father, and mother of both the applicant and/or spouse, If they are over the age of 65.
- The ability to pass one’s citizenship to future generations by descent as it is a first-class citizenship.
- Dual Nationality: No obligation to relinquish current nationality.
- No language requirements for residence or citizenship.
- Full confidentiality in carrying out the procedures.
- Paying the minimum administrative fees for the transaction, while the large investment value is paid after the government’s approval of the citizenship application.
- No education, or management experience required.
- No requirement to reside in St. Kitts and Nevis before, during, or after citizenship is granted.
What are the benefits of obtaining citizenship from ST. Kitts and Nevis?
- Access more than 155 countries with ST. Kitts & Nevis passport without the need to apply for a visa, including Europe’s Schengen area, the United Kingdom, Singapore, Russia, and Hong Kong.
- Ownership of the 26th-ranked passport in the world.
- Possibility of establishing a company in any country in the world.
- Lowest tax rates and free trade environment.
- Beneficial tax regime, you will not be liable to any income tax, capital gains tax, or inheritance tax.
- Ability to study in one of the most powerful universities in the world.
- CARICOM Treaties that allow free trade between the Caribbean countries.
Required Documents for application:
Copies of valid passports.
Copies of personal identity.
Birth certificate for all applicants and a marriage certificate.
Clear criminal record.
A bank financial statement with proof of a legal source of income.
Medical examination (health certificate that it is free of diseases).
CV. and recommendation letters.
Steps to Obtain Citizenship by Investment From ST. Kitts & Nevis:
Step 1: Pre-Application Assessment:
Provide us with a copy of all applicants’ passports once you have agreed on the investment routes. We will conduct a free pre-screening and application assessment, including a general due diligence check.
Step 2: Signing the Contracts:
Sign the contract with NTL and make the down payment.
Step 3: Application Preparation
We will assist you in filling out the necessary application forms and checking all the required documents.
Step 4: Submitting the Application
We will support you in paying the government and application submitting fees. Afterwards, we will apply to the Unit.
Step 5: Government Approval of the Application
The Unit will issue the approval letter.
Step 6: Payment for Donation or Investment
You will make the final payment to the government.
Step 7: Issuing Your Citizenship Certificates and Passports
The Unit will issue the certificates of citizenship, and after that, the Passport office will issue the passports.
Step 8: Closing and Transfer
We will send all your new original documents: including your citizenship certificate and your new passport to the address you provide through a courier or hand them over to you at one of our offices.
Info & useful links about ST. Kitts and Nevis:
Changes to St. Kitts and Nevis Citizenship by Investment Programme, July 27, 2023. Click here fo more.
What is the CARICOM Convention? Click here to read more.
St. Kitts and Nevis is one of The World’s Top Ten Citizenship by Investment Programs for 2020, click here to read more.
St. Kitts and Nevis CIU Statement 2022, click here to read more.
Michael Martin is the new CEO of the St Kitts and Nevis CBI Unit, click here to read more.
The special evening of the Embassy of St. Kitts and Nevis in Dubai 2022, click here to read more.
Dr. Terrance Drew, the new Prime Minister of St. Kitts and Nevis. Click here to read more
Do you know that the Commonwealth includes a third of the world? Click here to read more.
St. Kitts and Nevis extended the discount for families, click here to read more.
National Dish of Saint Kitts & Nevis, click here to read more.
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