St. Kitts & Nevis Citizenship by Investment

St. Kitts and Nevis Citizenship

St. Kitts & Nevis Citizenship by Investment Program enables foreign investors to obtain a Second Citizenship by making an eligible investment as set out by the law.

The Citizenship by Investment Program of St. Kitts & Nevis has been in existence since 1984. Therefore it is among the world's oldest, and very-well established Citizenship by Investment Programs globally. St Kitts citizenship programs presents foreign investors with an unparalleled chance to enhance the range of travel and business options available to them in a rapidly-globalizing world. With the aid of this program, foreign investors can gain a very high-value second citizenship and pursue their entrepreneurial aspirations in a world-renowned location.


Language
English

Currency
Eastern Caribbean Dollar

Total Area
261 km2

Capital
Basseterre

Government
Constitutional Monarchy

Population
54,961


Investment Options

St. Kitts & Nevis CIP requires investors to make an economic contribution to the St. Kitts & Nevis. Within this context, applicants have the following investment options:

1. Donation

The most favorable route to apply for St. Kitts citizenship by investment program is making a Donation. By making a contribution to the Sustainable Growth Fund of St Kitts government, applicants can apply for and obtain St. Kitts Citizenship.

For the time being, there is a Limited Time Offer (LTO) with discounted rates which is available until June 30th, 2023, and applicants can donate based on certain thresholds.

For a single applicant, the donation amount is US$125,000, while for a family of four the donation amount increases to US$170,000.

In addition, for any additional dependants under the age of 18 years old, the donation per person is US$10,000, while for those over 18 years old, the amount is US$25,000 per person.

2. Real Estate

If you are looking to invest in property in a highly sought-after international location, then with seamless beaches and relaxed life style, St. Kitts and Nevis is the place to be. Real Estate option is mostly popular with American investors looking to settle in the island in long term and looking for returns on the investment.

For investors interested in purchasing a property in this Caribbean nation, there are government approved real estate projects that offer lucrative investment opportunities.

To qualify, there are certain minimum investment requirements that applicants must meet:

A) Two applicants can proceed together with purchasing a property for at least US$200,000 on the condition to own the property for at least seven years.

B) Alternatively, one applicant must purchase a property worth at least US$400,000, with a minimum holding period of five years.

C) Another option is the Private Investment Option, where one applicant must purchase a property worth at least US$400,000, with a minimum holding period of seven years.

Additional governmental fees and costs will also apply. The main applicant is required to pay US$35,000 for government processing fees, while a spouse is required to pay US$20,000, as well as each qualified dependent is required to pay US$10,000.

It is also important to note that there are also property related costs associated with each development, and these will vary depending on the chosen specific project. Most of the available real estate projects consist of Government Approved Hotels, investor can buy income generating Hotel Shares, whereas newly built villas are also available to invest and participate to citizenship program.

3. The Approved Public Good Project (PGP)

The final alternative route to apply for and obtain St. Kitts citizenship by investment program is by making a contribution to government Approved Public Projects in St. Kits.

This option allows individuals to invest either in private enterprise or state-owned options for the development of public infrastructure or utilities. In order to participate, families of up to four people must invest a minimum of US$175,000. Minimum investment amount decreases (and thus will increase) per the total number of applicants (family members) to be included in application. Investment is made in form of monetary contribution to the government approved public projects, and it is non-refundable.

The investment must be made into a privately funded, privately-owned development or privately funded state-owned Public Good Project Developer. The main objective of this program is to promote the development of public goods that will benefit the broader community. As such, the investment must be used for the creation of vital public infrastructure or utilities. Through this route, investors will not only benefit obtaining citizenship for life for themselves as well as for the family members, but they will also contribute to the enhancement of the community's quality of life.

Additional governmental fees and costs will also apply.

How long will the process take?

Applying for St. Kitts & Nevis Citizenship by Investment Program and obtaining official citizenship status takes approximately 4-6 months.

What are the advantages of obtaining St. Kitts citizenship and passport?

Holders of a St. Kitts & Nevis passport will benefit from the following advantages:

  • Visa-free travel to 156 countries such as the UK, EU (Schengen area), Hong Kong, UAE
  • Full citizenship with the passport for the applicant and his/her family members
  • Dual citizenships is allowed

Ketenci&Ketenci is a leading international law firm advising on global citizenship. Please contact us to obtain a quote for your specific citizenship application and for further details and queries on St. Kitts & Nevis Citizenship program.

FREQUENTLY ASKED QUESTIONS (“FAQ”) IN RELATION TO ST. KITTS & NEVIS CITIZENSHIP BY INVESTMENT PROGRAM

Why choose St. Kitts and Nevis?

St. Kitts and Nevis can be your preferable second home to spend Winter and Summer, easy to travel from/to US & EU with advanced airway options. The country allows dual & multiple citizenships. It also offers the most minimal tax rates in the Caribbean, no wealth, gift, inheritance, foreign income, or capital gains tax payment is requested.

Do I have to travel to St. Kitts and Nevis to start the Citizenship procedures?

A trip to St. Kitts & Nevis is not required during the whole application procedure.

Is St. Kitts & Nevis a tax haven for investors who are interested in Citizenship by Investment?

St. Kitts & Nevis is a country that imposes quite a minimal taxation to its investors who consider obtaining St. Kitts & Nevis Citizenship by Investment. State authorities do not demand any wealth, income, inheritance or foreign income tax from its citizens, thus holding one of the lowest tax rates.

Do you offer Approved Property options for the acquirement of St Kitts & Nevis Citizenship?

Yes. We work with leading developers in the Caribbean region, offering high-end, luxurious and government-approved projects for St. Kitts and Nevis CIP.

Is St. Kitts and Nevis Citizenship acquired/valid for life?

Yes, once the citizenship is acquired, it becomes permanent citizenship for life for you and your next generation family also.

Does the child who is born after the acquisition of citizenship need to be born in St. Kitts and Nevis for St. Kitts and Nevis Citizenship?

If the parents are both citizens of St. Kitts and Nevis, then the child automatically inherits the citizenship wherever he/she is born.

Do the applicants have to reside in St. Kitts & Nevis for a certain period of time at any stage of the application?

There is no residence requirement before or after acquiring St. Kitts & Nevis citizenship.

Can we change our names after obtaining citizenship?

St. Kitts and Nevis concurred that effective Citizenship by Investment candidates will not be permitted to change their names.

How many family members can apply for citizenship along with the Main Applicant?

All family members (spouse, children up to the age of 30 years, dependent parents from the age of 55 years, dependant siblings up to 30 years old), as well as the main applicant, can be extended St. Kitts & Nevis citizenship investment application.

Is there any language requirement to apply for St. Kitts and Nevis Citizenship?

No, neither there is a language requirement nor an interview, business experience or educational requirements for the citizenship application.

Once St. Kitts and Nevis Citizenship is acquired, in the case that the applicant will not stay in St. Kitts and Nevis, what will be the main applicant’s tax liabilities in St. Kitts and Nevis?

Global incomes are not subject to taxation in St. Kitts and Nevis as well as personal income, inheritance and wealth taxes within the country.

Is St. Kitts & Nevis Citizenship by Investment Program regulated with official legislation?

Yes. St Kitts & Nevis CBI is designated through legislation, especially with the Saint Christopher and Nevis Citizenship Act of the year 1984, which created the most long-established Citizenship Program. This Act gathers thorough & essential information regarding St Kitts & Nevis CBI procedures.

Please contact us now to have further information on St. Kitts & Nevis Citizenship by Investment program and to get a fee quotation for your application.

instagram