St Kitts and Nevis Citizenship by Investment
St Kitts & Nevis
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St Kitts & Nevis Country Overview
St Kitts and Nevis is a two-island country located in the West Indies in the Caribbean. It is the smallest sovereign state in the Americas, covering just over 261 square kilometers of land. The islands are located in the Leeward Islands chain and are separated by a two-kilometer channel. Politically, St Kitts and Nevis is a federal two-party parliamentary democracy, and it is a member of the Commonwealth of Nations, the United Nations, and the Organization of American States. The country is led by a Prime Minister, who is elected by the people every five years. The culture of St Kitts and Nevis is a mix of African, European, and indigenous cultures, and the country is home to a variety of different ethnic groups, including African, European, and East Indian.
English is the official language, though other languages are spoken, such as French, Spanish, and some Caribbean creoles. The population of St Kitts and Nevis is estimated to be over 52,000, with the majority of the population living in the capital, Basseterre. The population is predominantly Christian, with the largest denominations being Anglican and Methodist.Its economy is largely dependent on the tourism and agricultural industries, with a thriving offshore financial services sector. The nation also offers a Citizenship by Investment (CBI) program, which allows foreign investors to apply for and receive citizenship and a passport in exchange for an investment in the country.
St Kitts & Nevis Citizenship by Investment Program
Since its introduction in 1984, St. Kitts & Nevis’ Citizenship by Investment Program has been exceptionally successful, mirroring the structures of its Caribbean counterparts. With St. Kitts & Nevis’ program, applicants can include their spouse, children, parents, siblings and grandparents, and receive a passport with visa-free access to 157 destinations, including the UK, EU, Hong Kong and Singapore. For those who wish to fast-track their application, an expedited service is available for a fee, guaranteeing a turnaround time of no more than 60 days.
St Kitts and Nevis Citizenship by Investment program allows individuals to obtain citizenship in these two Caribbean islands by making a significant investment. This program has gained popularity in recent years as it offers a range of benefits, including visa-free travel to over 150 countries, tax advantages, and a high standard of living. The investment options include purchasing real estate, donating to the government’s sustainable growth fund, or investing in a business. St Kitts and Nevis Citizenship by Investment program is a great option for those seeking a second passport and the opportunity to live and work in a beautiful, tropical environment.
With our assistance, we can guide you through the process and ensure that you meet all the requirements for the program. Our team of experts will help you choose the best investment option for you and your family and assist you with the application process.
The St Kitts & Nevis Citizenship by Investment Program allows applicants to invest in one of the following:
- Donation to the Sustainable Growth Fund (SGF) starting at $150,000 (Limited Time Offer available until the end of July 2023 starting at $125,000)
- Investing in real estate for no less than $200,000
- Investing in a Public Benefit Option for $175,000
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Qualification Criteria
- Be over 18 years of age
- Have a clean criminal record
- Have the sufficient means to make an eligible investment
- Not have a visa rejected by one of the countries that St Kitts & Nevis has a visa-free treaty with
Eligible Family Members
Grenada’s Citizenship by Investment Program allows applicants to add various financially dependent family members to their applications. These members are:
Investment Options
St Kitts & Nevis offers a few investment options for investors to choose from. The following fees are common for all options.
- Due Diligence Fees: $7,500 for the main applicant and $4,000 for each dependent 16 years of age and over
- Processing Fees: $250 per person
1) Donation to the SGF
The first investment option is a non-refundable donation to the country’s Sustainable Growth Fund. It is a one-time payment, and investors will have to invest an amount that corresponds to the number of family members they add to their application, as the amount rises as more family members are added.
The Donation to the SGF starts at $150,000 for a single applicant and rises as they add more family members as follows
- For a main applicant and a spouse: $150,000;
- For a main applicant and up to three dependents: $170,000;
- For each additional dependent under the age of 18: $10,000; and
- For each additional dependent aged 18 or over: $25,000.
The table below shows the costs for a single applicant and a family of four.
Sustainable Development Fund | Single Applicant | Family of Four |
Investment amount | $150,000 | $195,000 |
The Government of St Kitts & Nevis recently announced a limited-time offer for the SGF, under which applicants will pay a discounted price and get their applications processed within 60 days instead of 90 at no additional cost.
Under the limited-time offer, the required investment amounts are:
- For a main applicant only: $150,000;
- For a main applicant and a spouse: $175,000;
- For a main applicant and up to three dependents: $195,000;
- For each additional dependent under the age of 18: $10,000; and
- For each additional dependent aged 18 or over: $25,000.
2) Real Estate Option
Investors can choose to invest in real estate in the form of shares in luxury resorts or hotel developments or purchase private homes. However, any investment must be made in a government-approved project or home, and the investment amount must be no less than $200,000 to qualify. The investment amount remains constant no matter how many family members are added to the application.
Investors must maintain their investment for seven years before they can resell it, but they can rent it out or obtain dividends from it during the holding period.
Investors must also pay due diligence, processing, and government fees, all of which are non-refundable. The real estate option total cost for a single applicant and a family of four under the real estate option are shown in the table below:
Real Estate | Single Applicant | Family of Four |
Investment amount | $200,000 | $200,000 |
Government Fee | $35,050 | $35,050 – main applicant $20,050 – spouse of main applicant $10,050 – each dependent, regardless of age $40,000 – for each sibling |
3) The Public Benefit Option (PBO)
The PBO is a new investment option introduced in 2023, replacing the Alternative Investment Option. This investment channel offers applicants a way to choose socially responsible investments that affect the day-to-day lives of St Kittians and Nevisians through targeted infrastructure development
The investment amount is set at $175,000, and remains constant no matter how many family members are added to the application. Investors must also pay due diligence, processing, and government fees similar to those in the real estate option.
PBO | Single Applicant | Family of Four |
Investment amount | $175,000 | $200,000 |
Government Fee | $35,050 | $35,050 – main applicant $20,050 – spouse of main applicant $10,050 – each dependent, regardless of age $40,000 – for each sibling |
The Process
Grenada’s Citizenship by Investment Program has a streamlined process consisting of a very short list of steps:
The Benefits
St Kitts & Nevis’s Citizenship by Investment Program has vast array of benefits associated with it, including:
- Greater global mobility: St Kitts & Nevis's passport allows its holder to access over 150 destinations worldwide, including the UK, EU, and many more.
- Tax structuring: St Kitts & Nevis does not levy global income, wealth, capital gains, or inheritance tax, allowing investors to alleviate their tax burden through savvy tax structuring.
- Strong Plan B: Having a second passport is the best way to hedge against political and economic instability and safeguard one's family and wealth.
- Remote and simple process: St Kitts & Nevis's Citizenship by Investment program does not require applicants to reside or travel to qualify for citizenship, and the entire process takes 3-6 months on average.
Frequently Asked Questions
Can I add family members to my application?
Do I need to travel to St Kitts & Nevis to apply for citizenship?
Can I renew my St Kitts & Nevis passport?
Can I travel to the UK visa free with a St Kitts & Nevis passport?
How long does the process take?
The entire process takes 3-6 months from the date of submission or two months for accelerated processing, and it can be done remotely, making the St Kitts & Nevis Citizenship by Investment Program one of the fastest in the world.