The St. Kitts and Nevis Citizenship by Investment Program was first established in 1984. This program has over the years become one of the most popular and successful programs of its kind. St. Kitts and Nevis present investors with exceptional prospects, offering a variety of real estate options and a notably advantageous taxation system. The workforce is well-educated, fluent in English, and known for their amiable nature.
St. Kitts and Nevis
(Citizenship by Investment Program)
VISA FREE DESTINATIONS:
192
PASSPORT INDEX RANK:
1st
OVERVIEW:
PROCEDURE:
The St. Kitts and Nevis Citizenship by Investment Unit (CIU) is responsible for the processing of all applications. There is also an accelerated application process available with a 45- to 60-day processing time frame.
MINIMUM CAPITAL REQUIREMENT:
Minimum contribution of USD 250,000
MAIN APPLICANT REQUIREMENTS:
The St. Kitts and Nevis Citizenship by Investment Program requires applicants to make a significant economic contribution to the country. In exchange, and subject to a stringent application procedure including thorough background checks, the applicants and their families are granted full citizenship.
To qualify for citizenship, the main applicant must be over 18 years of age, meet the application requirements, and select one of the following options:
- Sustainable Island State Contribution (SISC)
A non-refundable contribution of USD 250,000 to SISC for an applicant and up to three qualifying dependents
- USD 50,000 for each additional qualifying dependent over 18
- USD 25,000 for each additional qualifying dependent under 18
- Approved Public Benefit Project
A minimum non-refundable contribution of USD 250,000 to a public benefit unit in an Approved Public Benefit Project.
- Real estate acquisition
The purchase of real estate with a minimum value of USD 325,000 from an approved real estate development, or a minimum of USD 325,000 for a condominium unit or USD 600,000 for a single-family private dwelling. The real estate purchased under both options can be resold after seven years under certain conditions.
PROCESSING TIME:
4-6 months
KEY BENEFITS:
- Visa-free or visa-on-arrival travel to 156 destinations.
- Citizenship by descent available for future generations.
- Ability to include a spouse, children under 26, parents, grandparents aged 55 and over, and unmarried dependent siblings under 26 with no children, as well as to add dependents after citizenship has been granted to the main applicant.
- Membership to the Commonwealth, entitling citizens to certain privileges in the UK and other Commonwealth countries.
- An attractive location for owning a second home in the Caribbean, with good air links to Europe and North America.
- Dual citizenship allowed.
- No minimum stay required.
