Countries

ST. KITTS AND NEVIS

Citizenship by Investment
A Brief Overview

The Federation of St. Kitts and Nevis is a member state of the British Commonwealth. It is also a member of the Organization of American States (OAS) and of the UN. Furthermore, this Caribbean country is a participating member of the Caribbean Community (CARICOM) as well as the Organization of Eastern Caribbean States (OECS). Its citizen-by-investment program was launched in 1984 under the Citizenship Act (Part II, Section 3 [5]) of that year, and is governed by the St. Kitts and Nevis Citizenship-by-Investment Regulations of 2011. The St. Kitts and Nevis Program – the first of its kind – is internationally accepted.

 

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Holding a St. Kitts and Nevis passport entitles citizens to travel visa-free to 132 countries. This includes the UK and the Schengen Area countries in Europe. In order to obtain full citizenship, applicants are required to contribute financially to the country – either by buying real estate to the value of at least USD 400 000, by making a (non-refundable) contribution of USD 250,000 to the Sugar Industry Diversity Fund (SIDF), a non-profit foundation working to sustain the economy or by making a USD 150,000 (non-refundable) contribution to the Hurricane Relief Fund (HRF). The application process involves stringent due-diligence checks.

 

The main applicant must be aged 18 years or older. Applications may include children aged 18–30 years if they are enrolled as full-time students at a recognized tertiary institution and are fully financially supported by the main applicant. Parents or grandparents aged 55 years or older living with and fully financially supported by the main applicant may also be included. Applicants and their dependents need to have a clean criminal record (stipulated as not having been convicted of an offence carrying a prison sentence of more than six months). Applicants who have previously been denied a visa to St. Kitts and Nevis or any of its visa-free partners will not be granted citizenship.

Benefits of St. Kitts and Nevis Citizenship
Investment Options
  • As a new citizen you may travel visa-free to 132 countries, from Hong Kong and Singapore to the UK to the Schengen Area

 

  • St. Kitts and Nevis recognizes dual citizenship

 

  • Application details are strictly confidential

 

  • You and your family will be granted full citizenship, including passports

 

  • No residential or visitation requirements

 

  • As a citizen of a Commonwealth member country, you will enjoy privileges in the UK and other member states

 

  • No direct taxes (income tax, inheritance/succession taxes, estate duty, gift taxes or net-worth tax), even if residing in St. Kitts and Nevis

Applicants may choose between three investment options:

 

  • Buying real estate in a government approved development and/or project to the value of at least USD 400 000, with a minimum holding period of five years after citizenship has been granted
  • Making a (non-refundable) contribution of at least USD 250 000 to the SIDF
  • Making a (non-refundable) contribution of at least USD 150 000 for a family of 4 to the HRF (Hurricane Relief Fund) – OFFER ENDS 30th MARCH 2018
The Process

The Citizen-by-Investment Unit (CIU) administers the Program and processes applications, including carrying out stringent due-diligence checks. The process typically takes four to six months from submission of the application.

 

The application comprises the following steps:

  • Completing government application forms and collating the supporting documentation as required
  • Submit the application to the CIU. Payment of Government fees.
  • It may take up to 90 days to receive the government’s decision and acknowledgement of application
  • Successful applicants complete the requirements of the Program as set out below
  • Option 1: Remittance of the balance of the SIDF contribution within three months, or
  • Option 2: Remittance of the balance of the HRF contribution within three months, or
  • Option 3: Property investment – completion of documentation; purchase price and all other fees paid to register title in the name of the applicant in under six months
  • Issuing of official citizenship certificate, after which citizens may apply for a passport
Investment Summary
OptionMinimum Investment
Real estate investment: purchaseUSD 400 000
Government fees
Main applicantUSD 50 000
SpouseUSD 25 000
Dependent aged 0–17 yearsUSD 25 000
Dependent aged 18–30 yearsUSD 50 000
Dependent aged 55 years and olderUSD 50 000
Government contribution (non-refundable) to SIDF
Main applicant USD 250 000
Main applicant and up to 3 dependentsUSD 300 000
Each additional dependent above 3 dependentsUSD 25 000

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