St. Kitts & Nevis
Citizenship by Investment Program
About the program
St. Kitts and Nevis enjoys one of the fastest economic growth rates among nations in the Americas and the Citizenship By Investment Program is credited with making a substantial impact on the nation’s development.
To apply for this program, you should be at least 18 years of age, of sound health, and without a criminal record.
Additionally, you are obligated to make a non-refundable contribution to the Sustainable Growth Fund or make an investment in government-approved real estate projects.
Investment Options
The investment options for qualifying as an applicant to the Citizenship by Investment program are:
Single applicant: USD 150,000
A single applicant will be required to make a non-refundable contribution to the Government fund.
Family Application: USD 195,000
The primary applicant, his/her spouse and two dependent children under the age of 18 can qualify under a single application by making this non-refundable donation to the Government fund.
Additional fee for any dependent: USD 10,000
Real Estate Investment
Investment in real estate through one of the Government approved real estate asset classes: freehold property with title deed; hotel shares; fractional ownership or land.
Minimum Investment (Must be held for 5 years): USD 400,000
USD 400,000 is the minimum value of investment qualifying you and your family under the real estate option. This property can then be sold after a period of 5 years. Should the next buyer wish to obtain citizenship, they need to pay you the same USD 400,000 for the property.
Minimum Investment (Must be held for 7 years): USD 200,000
There is now another option where real estate at US$200,000 plus government fees can be purchased, but this can only be resold after 7 years under the same conditions. This means a clear resale market and a level of capital guarantee. However, there will be some legal costs associated with the real estate purchase ranging from 1 – 5% of the property value, dependent on the property type. You can also rent out, re-finance and receive utility bills from some asset classes.
Additional Costs
Applicants will need to pay any additional government, passport application and due diligence fees associated with their chosen investment and according to the number of dependents.
Government Real Estate Fees
Following approval of the initial real estate investment application, the following Government Fees are also payable:
Primary Applicant: USD 35,000
Spouse of the primary applicant: USD 20,000
Each dependent regardless of age: USD 10,000
Due Diligence Fees
Required for both the Real Estate and the Government Fund options.
Primary Applicant: USD 7,500
Spouse of the primary applicant: USD 4,000
Dependent aged 16 years and above: USD 4,000
Benefits
The benefits of obtaining a St. Kitts and Nevis citizenship include, among others: lifetime citizenship without a need to renounce your current citizenship or the need to visit or reside in St. Kitts and Nevis to obtain it.
Visa-free access or visa on arrival to 135+ countries, including the Schengen region, the United Kingdom, Hong Kong, Russia and Singapore and no taxation on world income.