About Country
St. Kitts and Nevis is an exclusive Caribbean destination with impressive natural beauty and has a rich history with varied influences from different cultures. The twin islands offer almost year-round sunshine and a diverse range of landscapes. Today, the main economic drivers are tourism, real estate, and financial services.
St. Kitts and Nevis’ Citizenship by Investment Program
Sustainable Growth Fund Donation
If you’re considering a Caribbean island citizenship by investment program, St. Kitts and Nevis offers a non-refundable donation route via the Sustainable Growth Fund (SGF). As a single applicant, you’ll be expected to donate $250,000 (plus fees).
Here’s a quick breakdown of the donation option:
- $250,000 for a main applicant
- $300,000 for a main applicant and a spouse or one dependent
- $350,000 for a main applicant, a spouse, and one or two dependents
- $50,000 for each additional dependent under 18 years old
- $75,000 for each additional dependent over 18 years old
Don’t forget the additional fees, which cover due diligence processes:
- $10,000 is due for the main applicant
- $7,500 is due for any dependent over the age of 16
The funds raised through CBI donations are utilized for healthcare, education, and alternative energy projects, among other noble endeavors.
Real Estate
While this option is notably more expensive, it offers a chance to recapture some of your investment. However, don’t expect to recover it all. You can invest a minimum of $400,000 in government-approved property. Reselling is an option after a holding period of seven years. Keep in mind the government fees for this investment route:
- The main applicant will have to pay $25,000
- The spouse of the main applicant will have to pay $15,000
- $10,000 for each additional dependent under 18 years old
- $15,000 for each additional dependent over 18 years old
Don’t forget the additional fees, which cover due diligence processes:
- $10,000 is due for the main applicant
- $7,500 is due for any dependent over the age of 16
Finally, keep in mind that this is the longer of the two processes due to the extra steps required to finalize and purchase a property.
Application Process
The St. Kitts and Nevis Citizenship by Investment Unit (CIU) is responsible for processing all applications. The CIU examines the application thoroughly and a mandatory interview is required for all investors applying for citizenship by investment, either virtually (default) or in person at a location specified by the CIU. Dependents of a main applicant aged 16 years or over may or may not be required to attend an interview. The applicant must personally complete the prescribed government forms. The CIU will decline an application if the applicant makes a false statement or omits any relevant information.
To qualify for the St. Kitts citizenship by investment program, you must be of outstanding character, have no criminal record, be in excellent health, and be a high-net-worth individual.
Your documentation should include:
- Birth Certificates for each applicant
- Police Records
- Bank Statements
- Proof of Address
- Marriage Certificate if applicable
First, you will be expected to submit all of the paperwork we outlined above, pay the due diligence fees, and initiate the process of getting citizenship approval. This usually takes a couple of months.
Once the application has been approved, all processes and due diligence checks have been finalized and the investment has been made, a Certificate of Registration will be issued to the main applicant, which must be collected in person in St. Kitts and Nevis or at an embassy or consulate specified.
All this process can take upto 6 months. For those in a hurry, an Accelerated Application Process is available for expedited passport issuance. To expedite the process, the main applicant must pay $25,000 in fees. There is an additional $20,000 for dependents above the age of 16.
Taxes
You’re in luck—St. Kitts and Nevis boasts no income or wealth tax, offering a favorable financial environment.
Residency
There are no residency requirements, which means that you don’t have to actually spend time in the country. Not just that you don’t have to reside there, you will not to visit this country personally in order to get your passport! You will get your citizenship for life.
Dual citizenship
There are no restrictions on dual citizenship in St. Kitts and Nevis which means you can keep your original passport.