Benefits of the St Kitts and Nevis Citizenship Programme
The citizenship by investment programme was launched in 1984 and requires applicants to make an economic contribution to the country or purchase eligible real estate. Investments are only to be made once the application has been approved, hence minimizing risks and providing peace of mind during the process.
The St Kitts & Nevis Citizenship by Investment Programme provides a number of different benefits:
The application process is between four to six months, making it relatively fast. Family members may be included within the application. The processing time for the citizenship application to be approved in principle is that of 2 months, and after the investment and relevant fees are paid the naturalisation certificate is issued.
The primary citizenship may be retained as the government permits dual citizenship. Moreover, once citizenship is obtained, it is guaranteed for life giving the applicant full residence status. Moreover, there are no residency requirements when obtaining St. Kitts Citizenship by investment.
Other benefits of the St Kitts and Nevis citizenship programme include visa free travel to over 159 countries including the UK, Schengen Area, Russia, Hong Kong, Singapore and Brazil and a favourable tax regime that exempts new citizens from tax on worldwide income, wealth tax and inheritance tax in St Kitts & Nevis. In addition, St Kitts and Nevis is a member of the Commonwealth which entitles its citizens certain rights in the United Kingdom.
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4 to 6 months processing time | |
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Visa-free travel to over 159 countries | |
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Allows dual citizenship | |
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Inclusion of family members | |
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Favourable tax regime | |
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Citizenship obtained for life | |
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No residency requirement |
Eligibility for St Kitts and Nevis Citizenship Programme
For one to be eligible to obtain the St Kitts & Nevis Citizenship by Investment the main applicant must be at least 18 years of age and of good character and health. The St Kitts and Nevis citizenship programme does not accept applicants from Iran, N Korea, Russia, Belarus, Cuba, Iraq and Afghanistan, and so they are not considered as being eligible.
Eligible dependants of the main applicant include the spouse of the main applicant, financially dependent children up to the age of 25 and parents or grandparents of the main applicant or of the spouse who are above the age of 65. They must also be living with and fully supported by the main applicant.
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Eligible dependants may include spouse, children, and parents or grandparents who qualify age requirements | |
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Main applicant must be over the age of 18 | |
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Good character and health | |
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Applicants from Iran, N Korea, Russia, Belarus, Cuba, Iraq and Afghanistan not eligible |
St Kitts and Nevis Citizenship Programme Investment Requirements
To qualify for the St Kitts & Nevis Citizenship by Investment programme applicants must either make an investment in Real estate or give a monetary contribution.
The Real Estate Option involves a real estate investment with a minimal value of US$400,000, which may be re-sold after a period of 7 years. To qualify for citizenship under the real estate option the government requires applicants to make an investment in designated, officially approved real estate.
The applicant may also choose to invest in a non-refundable contribution to the Sustainable Island State Contribution (SISC). Applicants investing in the option, have to make a contribution of US$250,000, for a single main applicant, $300,000 for an applicant and a spouse, or $350,000 for a family of four. Additional due diligence and processing fees are applicable.
The St. Kitts and Nevis Citizenship by Investment Unit (CIU) oversees the processing of all applications. Each application is carefully reviewed by the CIU, and all investors seeking citizenship through investment must undergo a mandatory interview. This interview can be conducted virtually by default or in person at a location designated by the CIU and endorsed by the Board of Governors. If necessary, dependents of the main applicant who are 16 years or older may also be required to participate in an interview. These interviews are conducted by an independent professional firm appointed by the CIU, which also conducts background due diligence checks on the CIU itself.
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Minimum US$400,000 in real estate (to be kept for 7 years) | |
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Minimum US$250,000 non-refundable contribution to the SISC |
Contact Us
Our advisors can provide you with personalised advice regarding any one of the citizenship by investment programmes listed above.