Citizenship By Investment: St. Kitts & Nevis
Thanks to the warm, tropical climate, breath-taking white sand beaches and relaxed pace of life, the twin islands of St. Kitts & Nevis are a popular draw for both tourists and investors alike. Away from the beaches, the islands boast a rich history with a great range of villages and small townships to explore.
The St Kitts & Nevis CBI Programme was the world’s very first one to be launched and began life in 1984. In the years since, the islands have continued to be at the forefront of economic citizenship industry, offering a world class standard in citizenship by investment. Indeed, the St Kitts & Nevis CBI Programme remains one of the most successful and trusted programmes of its type.
Enjoy the benefits
Individuals who gain citizenship of St. Kitts & Nevis through investment will be eligible to enjoy a range of benefits including:
- The right to live and work on both islands of St. Kitts & Nevis with guaranteed citizenship
- Dual citizenship and a second passport, plus the right to hand down citizenship to future generations
- Absolute discretion with regard to citizenship, so an individual’s citizenship status is not reported to any third parties
- Visa-free travel to more than 130 countries and territories across the world, including the UK, EU, Hong Kong and Singapore
- Low taxes, for example no capital gains tax, gift tax or inheritance tax
- Socially, legal, political and economic stability
- The chance to live in a ‘haven for business’ with a range of business and investment incentives
- Slower pace of life in a lush, relaxed and welcoming twin island paradise
Why choose to invest in St. Kitts & Nevis?
The islands of St. Kitts & Nevisoffer some outstanding investment opportunitiesspecifically, including:
- A very well established, highly respected CBI programme completely geared towards all investor requirements
- The chance for multiple family members to also apply for citizenship
- No requirement for business experience
- No need for an interview
- Speedy processing times, with a 60-day Accelerated Premium Application Process available (for an extra fee)
- No requirement to stay in (or reside in) St. Kitts & Nevis at any time in the process
Who can apply?
St Kitts & Nevis can provide citizenship to anyone over 18 years of age who is of good general health. Applicants should also be of good moral character with no criminal record. Please note that the Citizenship by Investment Programme currently on offer in St. Kitts & Nevis is currently closed to anyone who is a citizen of North Korea, Iran or Afghanistan, however certain exceptions may apply (we can provide guidance if this applies to you).
Applicants are welcome to apply alongside family members who currently live with them. This would include a spouse, any children (as long as they are under 30 years old), and parents or grandparents who reside with the applicant and are aged 55 or over. Certain exceptions do apply for older children who are dependant due to a disability.
The Process: Quick Summary
The application process for citizenship by investment in St. Kitts & Nevis is highly tuned and although very thorough is often relatively straight forward. At any point during your application, the team at Citizenship by Investment are on hand to answer any questions you may have to make sure everything runs smoothly.
To offer an idea of the process involved, here is a guide to the necessary steps:
Step 1: Speak to us at CBI so we can guide you through the application process. We can assist you with any queries before checking and pre-approving your paperwork.
Step 2: Submit the application to the authorities in St. Kitts & Nevis
Step 3: The application is processed and due diligence checks are undertaken. These usually only take a maximum of 3 months to complete
Step 4: Approval in principle is made
Step 5:Investment in real estate is made, or alternatively a donation is transferred to the Sustainable Growth Fund (SGF) or the Sugar Industry Diversification Foundation (SIDF)
Step 6: Citizenship is granted, complete with a certificate
Step 7: An application can be submitted for a passport
Options for Investment in St. Kitts & Nevis
Citizenship by investment in St. Kitts & Nevis can be achieved in three ways, via:
- The purchase of pre-approved real estate;
- A one-off contribution to the Sustainable Growth Fund (SGF)
- A one-off contribution to the Sugar Industry Diversification Foundation (SIDF)
Option 1: Investment in Real Estate
Applicants can purchase real estate (Government-approved) which can be located on either island.
USD 200,000 for a joint investment with another main applicant of US$200,000 each (total of
US$400,000) in a single piece of real estate to be held for 7 years. This investment is exempt
from Stamp Duty.
USD 400,000 in a pre-approved property to be held for a minimum of 5 years.
Due Diligence Fees
Main Applicant: USD 7,500
Spouse: USD 4,000
Dependant aged 16 years or above: USD 4,000
Main applicant: USD 35,000
Spouse: USD 20,000
Dependant: USD 10,000
Option 2:Sustainable Growth Fund (SGF)
With this option, applicants must pay a lump sum non-refundable donation to the Sustainable Growth Fund (SGF).
The Sustainable Growth Fund (SGF) is the latest, most direct way to gain citizenship by investment in St. Kitts & Nevis.
Revenue from this fund is used to support education, sustainable growth practices, climate change initiatives and the building of infrastructure. It also boosts economic growth through the development of tourism, medical facilities and to preserve heritage and culture.
Option 3:The Sugar Industry Diversification Foundation (SIDF)
The SIDF is a not-for-profit organisation set up in 2006 to assist in developing economic growth away from the sugar industry. It has paved the way for a stronger, more diversified economy with the SIDF focusing on the promotion of clean energy sources, building public and private infrastructure and encouraging the creating of new businesses.
Applicants may choose to make a one-off, non-refundable to the SIDF in order to gain citizenship in St. Kitts & Nevis. The figures are below:
Main applicant: USD 250,000
Main applicant and their spouse: USD 300,000
Additional dependants: (per dependant): USD 25,000
Due Diligence Fees
Main Applicant: USD 7,500
Spouse: USD 4,000
Dependant aged 16 years or over: USD 4,000
Why put your trust in our team?
At CBI we are experts in every aspect of the citizenship by investment process and are here to guide you through each step to success. Offering a bespoke service, personalised approach, and outstanding customer service, we work tirelessly for our clients from start to finish.
Collaborating with a range of partners and clients we will help choose the ideal pathway to second citizenship in a variety of different countries. From dab-hand portfolio holders with years of experience to new investors looking to broaden their horizons, CBI is ready to make the whole process as smooth as possible.
Ready to get started? Contact the team today using our contact form.