St. Kitts and Nevis Citizenship by Investment Program
St. Kitts and Nevis citizenship by investment program was the first Caribbean country to launch an investment program through urban development, established in 1984 to support economic growth and expand the economy into the private and public sectors. In return, the applicant is granted dual citizenship within 4 months. St. Kitts and Nevis have a strong record of issuing second citizenship to investors internationally. St. Kitts and Nevis citizenship program prevents citizens of Afghanistan and Iran from applying to this program. Citizenship is available through two options by investing in St. Kitts and Nevis. Non-refundable contributions under the Sustainable Growth Fund (SGF) Real Estate Investment in a Project Approved by the Investment Unit under St. Kitts and Nevis Citizenship
Which Family Members Can Be Added in the Same St Kitts and Nevis Citizenship by Investment Application?
St. Kitts and Nevis Overview
St. Kitts and Nevis are mountain siblings that represent two sides of the same coin. Both islands offer a secluded and relaxing retreat that can be seen in a day but explored in life.
Language
English
Currency
East Caribbean Dollar
Total Area
261 Km²
Capital
Basseterre
Government
Federal parliamentary constitutional monarchy
Population
54,961
St. Kitts and Nevis Passport Benefits
The St. Kitts and Nevis citizenship program has the strongest evidence of being the oldest Caribbean citizenship program. For this, an applicant does not need to take any language test nor do they need to take up residence or go to the country. St. Kitts and Nevis passport holders can vote, buy property, obtain dual citizenship, live, and work in the country.
Sustainable Growth Fund
The Sustainable Growth Fund works for the benefit of all citizens by empowering priority areas such as local business cultivation, national culture, tourism, infrastructure, healthcare, and education. A non-returnable contribution done, depending on the number of dependents listed:
- Single applicantUS $150,000
- Main applicant and spouseUS $175,000
- Family of fourUS $195,000
- Additional dependents (except siblings)US $10,000 per applicant
- Dependent siblingsUS $20,000 per applicant
Real Estate Investment
Applicants must have at least US $200,000 The following government fees also depend on the number of dependents involved in the application.
- Single applicantUS $ 35,000
- SpouseUS $ 20,000
- Additional dependents (except siblings)US $10,000 per applicant
- Dependent siblingsUS $40,000 per applicant
Alternative Investment Option (AIO)
The Alternative Investment Option (AIO) gives investors the opportunity to invest in potential projects can either be listed by the government or suggested by private individuals with financing capabilities. These projects aim to maximize the employment of locals, but also include the transfer of technology and capacity building. After being accomplished and operational for a certain period which also allows for a return on investment, projects must be turned over to the Government.
The Alternative Investment Option (AIO) will be in two categories:
• Public Good Project Developer (PGPD) – projects that are fully funded by the PGPD with a minimum unit of investment of US $175,000. At the end of the agreement, the State retains the ownership of the asset.
• Private Enterprise Developer (PED) – applies to built or funded assets that are privately owned with a minimum unit of investment of US $200,000.
The following government fees also apply depending on the number of dependents included in the application:
- Single applicantUS $ 35,000
- SpouseUS $ 20,000
- Additional dependents (except siblings)US $10,000 per applicant
- Dependent siblingsUS $20,000 per applicant
Additional fees for St. Kitts and Nevis citizenship options
- Application feeUS $250 per applicant
- Due diligence for main applicantUS $7,500
- Due diligence for spouseUS $4,000
- Due diligence for dependents above 16 years oldUS $4,000
- Passport feeUS $450 per applicant
- Certificate of Registration, stamp feeUS $50 per applicant
St. Kitts and Nevis Visa Free Countries
Over the past number of years, the government of Saint Kitts and Nevis has been successfully working on expanding its list of Visa-free countries
How to Qualify for St. Kitts and Nevis citizenship?
Book a Free Consultation
Book a Free Consultation with Our Expert Advisors Today!
Fill out the form and our Expert Advisor will reach out to you.
