Saint Kitts and Nevis Citizenship by Investment Program

St. Kitts Citizenship by Investment Program

HURRICANE RELIEF FUND

Single applicant: a non-refundable contribution of $150,000 is required

Main applicant with up to three dependents (for example, main applicant, a spouse and two children): a non-refundable contribution of $150,000 is required

Additional dependents, regardless of age: $25,000

Upon submission of an application, non-refundable due diligence and processing fees must be also paid. These fees amount to $7,500 for the main applicant, and $4,000 for each dependent of the main application who is over the age of 16 years.

The HRF option will be available for a six (6) months period ending on March 30th 2018.


SUGAR INDUSTRY DIVERSIFICATION FOUNDATION (SIDF)

Applicants may qualify for citizenship through a contribution to the Sugar Industry Diversification Foundation (SIDF). The SIDF is a public charity tasked with diversifying St Kitts and Nevis’ economy.

  • Single applicant: a non-refundable contribution of $250,000 is required
  • Main applicant with up to three dependents (for example, a spouse and two children): a non-refundable contribution of $300,000 is required
  • Additional dependents, regardless of Age: $25,000

Upon submission of an application, non-refundable due diligence and processing fees must be also paid. These fees amount to $7,500 for the main applicant, and $4,000 for each dependent of the main application who is over the age of 16 years.

Unmarried dependent children who are older than 18 but younger than 30 can also be included in the application. Similarly, dependent parents aged 55 or above may also be included.

The SIDF option is the most straightforward means of obtaining citizenship in St Kitts and Nevis.

For further information about the SIDF, visit www.sknsidf.org


REAL ESTATE INVESTMENT

Applicants may qualify for citizenship through an investment in a pre-approved real estate project, which may include hotel shares, villas, and condominium units. The minimum real estate investment required by law is $400,000 for each main applicant.

Upon submission of an application, non-refundable due diligence and processing fees must also be paid. These fees amount to $7,500 for the main applicant, and $4,000 for each dependent of the main applicant who is over the age of 16 years.

On approval in principle of an application made through a real estate investment, a Government fee applies, as follows:

  • Main applicant: $50,047
  • Spouse of the main applicant: $25,047
  • Dependent child of the main applicant under 18 years of age: $25,047
  • Dependent child of the main applicant above the age of 18 years or dependent parent aged 55 and above: $50,047

In addition to these fees, real estate buyers should be aware of purchase costs (mainly compulsory insurance fund contributions and conveyance fees).

Real estate can be resold 5 years after the purchase and may not qualify the next buyer for citizenship.


St. Kitts & Nevis 60-day Accelerated Process

The Accelerated Application Process (AAP) approved by the Government of St. Kitts and Nevis in October 2016 allows applications with the Citizenship by Investment Program to be accelerated to a 60 day processing period.

Interested persons applying utilizing the AAP will still be required to meet all mandatory criteria and submit the necessary supporting documents to apply for citizenship by investment.

Applications will be given an accelerated treatment from the Citizenship by Investment Unit, Due Diligence Providers and the St. Kitts and Nevis Passport Office. As a bonus this process also includes the application and processing of the St. Christopher (St. Kitts) and Nevis passport.

Applying using the AAP can see an application completed within 60 days with some applications completed in as early as 45 days.

AAP Process Fees (inclusive of Due Diligence Fees)

  • Main Applicant: $25,000
  • Dependent above 16 years: $20,000

In addition to the $25,000 and $20,000 AAP processing fees, an additional fee of $500.00 per person will be applicable for the processing of the St. Kitts and Nevis Passport for any dependents under the age of 16 years.


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