St Kitts & Nevis

St. Kitts and Nevis – Citizenship by Investment

The Federation of St Christopher and Nevis, which is most commonly called ‘St. Kitts and Nevis’, is a Federation country made up of two tropical islands in the Caribbean. Previously under British rule, St. Kitts and Nevis gained independence in 1983, but retains close ties with England as a member of the British Commonwealth, with a stable democracy modeled on the British Parliamentary system and with English as the official language.

The St. Kitts and Nevis Citizenship-by-Investment Program was established in 1984, making it the oldest program of its kind in the world. The Program has strict due diligence procedures and rigid enforcement of the Program’s regulations. The Government of St Kitts and Nevis seek to attract investors, business leaders and their families to invest in this peaceful country.

The citizenship program of St. Kitts and Nevis requires a person to make an economic contribution to the country. In exchange, the applicants and their families are granted full citizenship.

To qualify for citizenship, the person must be over eighteen years of age; meet the application requirements and make an investment in an approved real estate project or a contribution to the Sugar Industry Diversification Foundation (SIDF).

QUALIFICATIONS

St. Kitts & Nevis (St. Christopher & Nevis) Citizenship-by-Investment Program was established in 1984 under the regulations of the 1984 Citizenship Act, Part II, Section 3 (5), which makes it the longest established Citizenship-by-Investment Program in the world.

The Program offers many benefits in exchange of several requirements that applicants must meet. To qualify for citizenship in St. Kitts & Nevis, applicants need to fulfill one of the investment requirements outlined in the “Investment Options” section, in addition to the following criteria:

  • Be of outstanding character;
  • Hold no criminal record;
  • Have excellent health;
  • Have a high personal net worth;
  • Make an investment in a government-approved real estate development, or make a monetary contribution to the Sugar Industry Diversification Foundation.
Real Estate Option Sugar Industry Diversification Foundation (SIDF)
To qualify for citizenship under the real-estate option the Government requires an investment in designated real estate with a value of at least US$ 400,000.

Investment Property investment of at least US$ 400,000 Plus an additional property acquisition fee of approximately 5% of the real estate purchase price.

Due Diligence Fees US$ 7,500 for main applicant US$ 4,000 for each dependent over 16 years of age Government Fees

§  US$ 50,000.00 for the main applicant.

§  US$ 25,000.00 for the spouse of the main applicant

§  US$ 25,000.00 for each child of the main applicant under the age of 18

§  US$ 50,000.00 for each qualified dependent of the main applicant above the age of 18 other than a spouse.

NOTE: Fees are regulated by the Government and are subject to change.

The SIDF is a public charity established primarily to assist the Government to transition from sugar as the main industry to a more diversified economy by researching and funding the development of alternative industries including tourism and real estate development.

SIDF Contribution

To qualify for citizenship under the SIDF option, the Government requires a contribution to the Foundation. The investment amount depends on how many family members are included in the application.

Investment

• US$ 250,000 – Main Single Applicant
e.g. main applicant ONLY i.e. no dependants

§  US$ 300,000 – Main Applicant with up to three dependants
e.g. one spouse and two children below the age of 18

§  US$ 350,000 – Main Applicant with up to five dependants
e.g. one spouse and four children below the age of 18

§  US$ 450,000 – Main Applicant with up to seven dependants
e.g. one spouse and five or six children below the age of 18

In the case of unmarried dependent children who are between 18-25, and are included in the application, an additional fee of US$ 50,000 must be paid.

Due Diligence Fees

• US$ 7,500 for main applicant

• US$ 4,000 for each dependent over 16 years of age

Government Fees

• The SIDF contribution includes Government Fees.

NOTE: Fees are regulated by the Government and are subject to change.