Citizenship By Investment – St. Kitts & Nevis

Synopsis :

The smallest sovereign state in the Americas, the Federation of St. Kitts and Nevis unites the “sister” islands of St. Kitts and Nevis, although both islands maintain certain independent regulation in a Federal system. Tourism, the leading economy of the islands, has been growing steadily bringing with it new hotel and resort developments. Both islands have international airports and are connected by two ferry lines. With its breathtaking natural beauty, warm skies and white sandy beaches, St. Kitts & Nevis is one of the most stunning spots in the Caribbean.

St. Kitts & Nevis, has the longest-standing (established in 1984) Citizenship by investment initiative in the world, where investors have the option to make government contribution or a real estate investment.

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Benefits of St. Kitts & Nevis Citizenship Program :

  • Straight forward, simple investment plans
  • The ability to hold multiple citizenships
  • Global mobility, including visa-free travel to over 131 countries from Singapore and Hong Kong to the European Union and United Kingdom & Russia
  • The programme recognises dependent children up to 30 years old, and dependent parents from 55 years old
  • Inclusion of dependent grandparents of the main applicant or of the spouse if aged 65 or above
  • Minimal taxation- no wealth, gift, inheritance, foreign income or capital gains tax, and no personal income tax for residents
  • The application process is confidential
  • There is no requirement to visit St. Kitts & Nevis in order to qualify for citizenship
  • One of the most affordable legal programmes available to the global community

Investment Criterias:

The applicant may choose from the below mentioned criteria:

1. Contribution to the Sustainable Growth Fund (SGF)

The Sustainable Growth Fund (SGF) has been established by the St. Kitts & Nevis Governemnt to support economic growth. It supports the funding of school construction and education related initiatives, also to mitigate the effects of climate change on the island, and the building of infrastructure along with many other efforts and initiatives.

Single applicant USD 150,000
Main applicant and spouse USD 175,000
Additional contribution for each dependent USD 10,000
Additional contribution for each sibling USD 20,000

2. Real Estate

Tourism is a fuel for the country’s economy. In a move to increase tourism-related development, the Citizenship by Investment programme allows for real estate purchase in approved developments. To qualify, the investor (or investors) must enter into:

  • A contract to purchase real estate worth US$ 400,000 or more. Real estate holding period would be 5 years.
  • A joint investment with another main applicant, to be held for a minimum of 7 years: USD 200,000

Additionally, following government fees shall apply.

Main applicant USD 35,000
Spouse USD 20,000
Sibling USD 20,000
Per additional dependant USD 10,000

Required Documents for Application:

  • Birth certificate of all applicants
  • Colour copies of all passports held
  • Marriage Certificate
  • Clear criminal records
  • 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

Application Process:

  1. File preparation, advisory and due diligence fees are applicable at this step.
  2. Citizenship file submission.
  3. Government ‘s Citizenship-by-Investment Unit issues “Approved in Principle” letter.
  4. Investment made in selected option. Payment of government fees.
  5. Naturalization certificate is issued.
  6. Submission of passport application. Passport issuance.

Timeframe:

The timeframe for the completion of the process is approximately 3 to 4 months from submission of the application to issuance of the passport, assuming there are no areas of concern with the application.

The following basic fees apply to all investment options and shall be quoted at the time of application:

  • Due Diligence Fees
  • Application Processing Fee
  • Bank due diligence fees
  • Certification of Registration Fees
  • Passport Fees
  • Professional Fees

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions. We also suggest that independent legal, tax, professional advice be obtained by the user of this information before proceeding with the application.

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Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

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OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
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