ST KITTS AND NEVISCITIZENSHIP BY INVESTMENT
MIN INVESTMENT
$150,000
PROCESSING TIME
2-3 MONTHS
PERMIT TYPE
CITIZENSHIP
FAMILY
SPOUSE, CHILD, PARENT, SIBLING
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SUMMARY
The Citizenship by Investment (CBI or CIP) programme in St Kitts and Nevis is the oldest 2nd passport programme in the world. It has been in operation since 1984 and is the most well-known. As dependents, the programme accepts spouses, infants, and parents. Only certified agents who are licenced with the government may apply for the programme.
The option of donation and real estate are available through St Kitts & Nevis economic citizenship programme. It is necessary to keep the real estate investment for at least 5 or 7 years. Under the Accelerated Application Phase, the process can be completed in as little as two months (AAP). The passport of St Kitts and Nevis entitles the holder to visa-free travel to several countries, including the Schengen region of Europe for 90 days in 180 days and Russia for 90 days. The tax system in St Kitts and Nevis is also very favourable, with no personal income tax.
The St Kitts and Nevis Citizenship By Investment unit grants citizenship through donation and real estate investment. The St. Kitts and Nevis Citizenship by Investment programme ensures that each citizenship applicant is fully vetted, legitimate, and not a security or other threat to the country.
POPULATION
55,000
CAPITAL
Basseterre
CURRENCY
East Caribbean Dollar (XCD)
LANGUAGE
English
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- TYPE: CITIZENSHIP
- VISA-FREE: EU, RUSSIA
- PROCESS: 3-4 MONTHS
INVESTMENT
The government has cut rates and launched a new Sustainable Growth Fund since April 2018. Investment in real estate has also decreased. You have several choices to choose from:
- Donation to the SGF starting at $150,000
- Real estate investment of $400,000 if held at least five years
- Real estate investment of $200,000 if had at least seven years
Main Applicant Fees: Due diligence $7,500 USD
Dependent Fees: Due diligence $4,000 USD (over the age of 16y)
ST KITTS AND NEVIS CITIZENSHIP BY INVESTMENT OPTIONS
Under the CBI scheme, St Kitts and Nevis have initiated a new Sustainable Growth Fund. The SGF needs a donation of US $150,000, including government fees, from a single applicant. Following gradual measures, the contribution for a family of up to four people is $195,000 for up to four people.
Additional dependents, regardless of Age: US$10,000
Applicants who invest in a pre-approved real estate scheme, such as hotel shares, villas, or condominium units, will be eligible for citizenship. The minimum real estate investment required by law for each principal applicant is $400,000.
Real estate may be resold five years after purchase, but the next buyer will not be eligible for citizenship. Licensed Real Estate publishes a list of approved real-estate projects.
Additional Fees
Government fee: $35,050
Applicants who invest in a pre-approved real estate project, such as a luxury resort, may be eligible for citizenship. The minimum real estate investment required by law for each essential applicant is $200,000.
Real estate may be resold seven years after purchase, but the next buyer will not be eligible for citizenship. Licensed Real Estate publishes a list of approved real-estate projects.
Additional Fees
Government fee: $35,050
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PROCESS
Application Processing Time: 2-3 Months
Stage 1 - Month 1
After deciding on an Approved Agent, the applicant must collect all necessary information and send his application to the CIU. The applicant can use the Accelerated Application Process to submit his or her application (AAP). An application can be completed in as little as 60 days by the AAP, with some applications being completed in as little as 45 days. The processing and due diligence fees are included in the application. The CIU will acknowledge receipt of the file to the Approved Agent once it has been sent.
Stage 2 - Month 3
The CIU will perform due diligence on the file once it has been received. If the application is accepted, the applicant may obtain a letter of approval in principle, demanding that the remaining transactions be completed. Document evidence must be submitted to the CIU after the transactions are completed.
Stage 3 - Month 4
You will pick up your passport and citizenship certificate at the nearest St Kitts consulate or embassy once your file is completed. The citizenship process does not require an oath of allegiance.
CONDITIONS
- A series of requirements must be fulfilled to apply for St Kitts Nevis citizenship by investment programme. Check all the requirements for obtaining Citizenship by Investment in St Kitts and Nevis.
- Financial Requirements:
A bank Statements for a total of 12 months from the date of application submission. At least one original bank reference letter from a well-known foreign bank is no more than six months old—statement and proof of funds invested in St Kitts and Nevis. - Criminal Record:
Police Certificate (also known as a "certificate of no criminal record" or "police clearance certificate") from your home country and every other country where you have stayed for more than a year in the previous ten years (children under the age of 16 are exempted) - Medical Test:
Initial HIV test results are included in the medical certificate (Form C3) (HIV test is required for all persons applying for Citizenship, including children over 12 years). Note that HIV test results must be no more than three months old.
- Other Conditions:
At least one recent original professional reference (e.g., from an attorney, notary public, chartered accountant, or other related professional). - Restricted Nationals
Iranian, Afghan, North Korean, and Cuban residents are also barred from applying, regardless of where they reside.
FAMILY
- Parent Dependents
Parents or grandparents of the principal applicant, or his or her spouse, who are at least 55 years old and live with and are supported by the primary applicant are eligible. - Child Dependent
A child is defined as the biological or adopted child of the main applicant or the spouse. Any minor children are eligible. Adult children under the age of 30 who are fully supported by their parents are also eligible (e.g., if they attend a university). Children with physical or mental handicaps who live with their parents are also considered dependents. - Sibling
Unmarried siblings of the main applicant or the spouse are also eligible. - Future Dependents
After the citizenship process is complete, the program allows for the naturalization for the future spouse of the main applicant, the future spouse of any dependent children and the future children of the applicant's dependent child. Fees ranging from $10,000 to $50,000 apply in these cases.