Saint Kitts and Nevis
Citizenship Program:
They were among the first ever nations to introduce the citizenship by investment program in 1984. Their aim was to attract foreign investment in the country.
Saint Kitts and Nevis, formally known as Saint Christopher and Nevis, is a dual island nation situated in the Caribbean. Known for its magnificent beaches and mountainous nature, the Island has been attracting countless nature and travel enthusiasts over the years.
After years of success, the island currently operates the most reputable and trustworthy economic citizenship program globally. Known for its quick processing time, strict due diligence process, and countless benefits, investors consider Saint Kitts and Nevis Citizenship by Investment Program as a primary option when looking to invest in a second passport.
Benefits on Saint Kitts and Nevis Passport:
- Saint Kitts and Nevis passport is a Commonwealth passport that allows its holders visa free travel to over 160+ countries and destinations including Schengen countries, the United Kingdom, Singapore and Hong Kong. Holding the Saint Kitts Passport allows you access to world-class education, business opportunities and services of many kinds.
- Other benefits of the Saint Kitts and Nevis Passport include an attractive tax policy with no tax on worldwide income and inheritance. This is particularly beneficial for investors and applicants looking to open an offshore company and/or bank accounts.
- This citizenship by investment program offers several investment types; a onetime, non-refundable Donation to the Sustainable Growth Fund, or investing in a government approved real estate property in Saint Kitts that you should hold for 5 or 7 years before reselling it.or AIO (Alternative Investment Option) newly introduced by the government
- You will be able to receive the Saint Kitts and Nevis Passport within 4 to 6 months of your application date. This citizenship is a lifetime citizenship that cannot be revoked and could be passed on to future generations.
In order to get Saint Kitts and Nevis Citizenship, you won’t need to renounce your current nationality and won’t need to fulfill any physical residency or language requirement.
1. The Sustainable Growth Fund (SGF)
Launched in April 2018 as a new permanent investment fund to replace the temporary Hurricane Relief Fund set up to help the devastation caused by the 2017 hurricanes in the Caribbean.
The new SGF is open for donations with the following thresholds and terms:
| Family Structure | SGF Contribution Amount | Due Diligence Fees and Background check fees |
|---|---|---|
| Main Applicant (single person applicant) |
$150,000 | -Due diligence: $7,500 |
| Family up to 4 members | Main Applicant: $150,000 Spouse: $25,000 |
-Due diligence Main Applicant: $7,500 -Due diligence Spouse: $4,000 |
| Family | Main Applicant: $150,000 Spouse: $25,000 Minor children: $50,000 Additional Dependent Regardless of age: $10,000 Siblings: $20,000 |
-Due diligence Main Applicant: $7,500 -Due diligence fee for each dependent 16 years of age and over: $4,000 – Processing fee for each applicant: $250 |
2. Real Estate Investments:
The minimum investment required by law is US$400,000 for 5 years or US$200,000 for 7 years for each main applicant.
On approval in principle of an application made through a real estate investment, a Government fee applies, as follows:
| Family Structure | Real Estate or Business Investment Amount | Government Fees | Due Diligence Fees and Background check fees |
|---|---|---|---|
| Main Applicant (single person applicant) | $400,000 – can be sold after 5 years OR $200,000 – can be sold after 7 years` |
Single/Main Applicant: $35,050 | Single/Main Applicant: $7,500 |
| Main Applicant & Spouse | $400,000 – can be sold after 5 years OR $200,000 – can be sold after 7 years |
Single/Main Applicant: $35,050 Spouse: $20,050 |
Single/Main Applicant: $7,500 Spouse: $4,000 |
| Family of 4 members | $400,000 – can be sold after 5 years OR $200,000 – can be sold after 7 years |
Single/Main Applicant: $35,050 Spouse: $20,050 Dependent regardless of age: $10,050 Sibling above 18 years of age: $40,000 |
Single/Main Applicant: $7,500 Spouse: $4,000 Dependent above 16 years old: $4,000 |
3. The Alternative Investment Option (AIO)
The applicant may invest in a pre-approved project set by the Government of Saint Kitts and Nevis which is developed by Private Enterprise Developers (PEDs) and Public Good Project Developers (PGPDs) as follows:
| Family Structure | Pre-Approved project Investment Amount | Due Diligence Fees and Background check fees |
|---|---|---|
| Single person applicant and family with up to 4 members | $175,000 | Single/Main Applicant: $7,500 |
| Family up to 4 members with additional | Each additional dependent will be $10,000(dependent children below 30, and dependent parents above 55) Sibling $20,000 | Main Applicant: $7,500 Spouse and each dependent over 16 years: $4,000 |
Benefits of the Saint Kitts and Nevis Citizenship:
- Saint Kitts Passport obtained within 4 to 6 months.
- Second citizenship in a Commonwealth country
- Dual citizenship is permitted; no need to renounce other citizenship when obtaining your Saint Kitts and Nevis citizenship.
- Obtain visa-free travel to more than 160 countries including Schengen countries, United Kingdom, Hong Kong and Singapore.
- No physical residence requirements.
- No interview required.
- No tax on worldwide income.
- Applicants and their families enjoy full citizenship for life, which can be passed on to future generations by descent.
- Return on investment: the real estate option allows investors to collect income from their property.
Qualifications:
- The applicant must hold a valid passport.
- The applicant must not have a criminal record.
- The applicant must complete a medical examination.
- The applicant must provide documents supporting the source and the origin of the declared funds for investment.
- The applicant must make the appropriate government approved investment.
- Dependents may include children up to 30 who are dependent on their parents financially or otherwise.
- Parents or grandparents of the main applicant or spouse, may qualify as dependents if they are above 55 years of age, living with the main applicant and can prove to be financially dependent on the main applicant.
ST. KITTS & NEVIS FAST FACTS
LOCATION: Caribbean, Islands in the Caribbean Sea, about one-third of the way from Puerto Rico to Trinidad & Tobago
TIME ZONE: UTC-4
CAPITAL: Basseterre
TOTAL AREA: 261 sq. km
LANGUAGE: English (Official)
RELIGIONS: Anglican, Other Protestant, Roman Catholic
GOVERNMENT TYPE: Parliamentary democracy & Commonwealth realm
CURRENCY: East Caribbean dollar (XCD), tied to USD EXCHANGE RATE 1 USD = XCD 2.7
Visa Free Travel:
| Content | Country |
|---|---|
| Americas | Argentina Bolivia* Brazil Chile Colombia Costa Rica Ecuador French Guiana Nicaragua* Panama Peru Uruguay |
| Europe | Albania Andorra Austria Belarus Belgium Bosnia and Herzegovina Bulgaria Croatia Cyprus Czech Republic Denmark Estonia Faroe Islands Finland France Germany Greece Greenland Hungary Iceland Italy Kosovo Latvia Liechtenstein Lithuania Luxembourg Malta Moldova Monaco Netherlands North Macedonia Norway Poland Portugal Romania Russia San Marino Serbia Slovakia Slovenia Spain Sweden Switzerland Ukraine Vatican City. |
| Asia | Bangladesh* Cambodia* Hong Kong Kyrgyzstan* Laos* Macao; Maldives* Nepal* Singapore South Korea Sri Lanka** Timor-Leste* Uzbekistan |
| Oceania | Cook Islands French Polynesia Micronesia New Caledonia Niue Palau Islands* Samoa* Tuvalu |
| Africa | Cape Verde Islands* Comores Islands* Egypt* Eswatini (Swaziland) Gambia Guinea-Bissau* Kenya* Madagascar* Malawi* Mauritania* Mauritius* Mayotte Mozambique* Reunion Rwanda* Senegal* Seychelles* Somalia* Tanzania* Togo* Tunisia Uganda* Zambia |
| Caribbean | Aruba Bonaire St. Eustatius and Saba Cuba Curacao Dominica French West Indies Haiti Jamaica* St. Lucia St. Maarten St. Vincent and the Grenadines Trinidad and Tobago |
| Middle East | Armenia Georgia Iran* Israel Jordan* Lebanon* Palestinian Qatar* Saudi Arabia* Turkey United Arab Emirates |
* Visa upon Arrival / ** E-visa