Saint Kitts and Nevis offers Citizenship by Investment, The citizenship program was established in 1984. The Government of Saint Kitts and Nevis has a long-running Citizenship by Investment program attracting foreigners, who make substantial contributions to the development of the country. Investors along with any family members can directly qualify for citizenship through investment, either by making a donation or investment in a real estate purchase.
There are four ways in which an applicant can apply for citizenship under St. Kitts and Nevis Citizenship by Investment Program.
Under a limited-time offer (LTO) available for six months from January 2023 to 30 June 2023, the following non-refundable contributions apply.
Main applicant – USD 125,000
Main applicant and a spouse – USD 150,000
Main applicant, a spouse, and two dependants – USD 170,000
For each additional dependent under 18 years old – USD 10,000
For each additional dependent over 18 years old – USD 25,000
Application submitted under the LTO will qualify for the Accelerated Application Process, with a shortened processing time from 90 days to 60 days, at no additional cost.
From 1 July 2023, the non-refundable contribution requirement will revert to USD 150,000 for a single applicant, USD 175,000 for a main applicant and a spouse, USD 195,000 for a main applicant, a spouse, and two dependants, USD 10,000 for each additional dependent under 18 years old, and USD 25,000 for each additional dependent over 18 years old.
2. Public Good Investment Option
A non-refundable contribution of USD 175,000.
3. Real Estate Acquisition
The purchase of real estate with a minimum value of USD 200,000 from an approved real estate development, or a minimum of USD 400,000 for an approved private home. The real estate purchased under both options can be resold after seven years.
4. Alternative Investment Option
Under this new option, an applicant can place an investment in the escrow account of an approved infrastructural project or other approved development project.
To be approved for use in an application, the project must:
The cost of the investment will vary according to whether the project is, eventually, owned by the state (US$175,000) or by a private entity (US$200,000).
If eventually owned by the state, government fees apply as follows:
Main applicant – USD 35,000
Spouse – USD 20,000
Sibling – USD 40,000
Per each additional dependent (other than the spouse or a sibling) – USD 10,000
If eventually owned by a private entity, government fees apply as follows:
Family of up to four – USD 50,000
Sibling – USD 40,000
Per each additional dependent other than a spouse (to be included in the family of four) or a sibling – USD 10,000
Accelerated Application Processing
The Accelerated Application Process (AAP) approved by the Government of Saint Kitts and Nevis in October 2016 allows applications with the Citizenship by Investment Program to be accelerated to a 60-day processing period. The applications are mostly completed within 45 days. An interested person applying to utilize the AAP will still be required to meet all mandatory criteria and submit the necessary supporting documents to apply for citizenship by investment.
Applications will be given accelerated treatment from the Citizenship by Investment Unit, Due Diligence Providers, and St. Kitts and Nevis Passport Office. As a bonus, this process also includes the application and processing of St. Kitts and Nevis passports.
AAP Process Fees
The requirements of the program are quite simple, which include:
Main Applicant Requirements
Eligible Family Members that can be included in an application
Step 1: Prepare Documents – Experienced citizenship advisers collect and check all the documents for compliance and ensure all requirements are met.
Step 2: Submit your Application – Once all your original documents are collected, citizenship specialists will review your file and prepare it for submission. The complete file will be submitted to the Government of St. Kitts and Nevis via an authorized local agent, as required by law.
Step 3: Processing of Application – The Government vets each application through a due diligence background check, during which time submitted information is examined and verified. There is currently no interview requirement.
Step 4: Receive your Pre-Approval – Once the application is reviewed by the Government and the decision is made, the applicant will be issued a letter advising of the decision. This letter will be forwarded to you.
Step 5: Complete your Investment – Once your application has been approved, you will be required to complete your investment (non-refundable contribution or purchase price of the property).
Step 6: Acquire St. Kitts and Nevis Passport – Upon completion of the investment your citizenship certificate will be issued and your passport application will be submitted on your behalf. No visit to St. Kitts and Nevis is required, your passport will be couriered to your preferred address.
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St. Kitts and Nevis allow dual citizenship. The only restriction related to dual citizenship is that individuals who wish to become members of parliament cannot be elected or appointed as members if they are by virtue of their own act, under any acknowledgment of allegiance, obedience, or adherence to a foreign power or state.
Yes, any dependents can be included in the application.
No, you are not required to live in St. Kitts and Nevis but as a citizen, you have every right to live and work in St. Kitts, whenever you want.
No, they don’t require a personal visit.
Yes, there is an Accelerated Application Process (AAP) available under CIP, where decisions are made within 90 days. It is subject to an additional $25,000 fee plus additional charges for family members.
They do not accept clients from Iran, North Korea, Cuba, or Afghanistan irrespective of where they live.
No, there is no residency requirement. You can directly qualify for citizenship.
No interview is required.
St. Kitts and Nevis have no personal income tax, no wealth tax, and no inheritance taxes.
One of the advantages of St. Kitts and Nevis citizenship is that there are no property taxes, or on your capital gains or even inheritances when you become a citizen of St. Kitts and Nevis.