St Kitts and Nevis is a two Island nation located in the West Indies. The country is a Commonwealth country, and a member of the Caribbean Community and Common Market (CARICOM).
The two-island nation combines beaches with beauteous mountains, activities to engage your body, and rich history to engage your mind. The local culture is mellow, friendly, and infused with a pulsing soca beat.
St Kitts and Nevis have historically relatively depended on its sugar cane industry to sustain its population. However, its beaches, scenery, and warm, sunny climate are great tourist attractions that help the country’s economy. It is also vulnerable to hurricanes.
St Kitts and Nevis Citizenship by Investment Program launched in 1984 for the first time and it could attract many investors in 2010.
Requirements to apply for St. Kitts and Nevis Citizenship (Passport)
- The investor must have a minimum age of 18,
- Investors can include Children below 30 (If financially dependent and are full-time students),
- Investors can include Parents above 55 years old,
- Have a worldwide clean criminal record.
Investment Options for St. Kitts and Nevis Citizenship (Passport)
Non Refundable contribution
Under the LTO, the minimum amount of SGF contribution is as follows:
- 250,000 USD – Single Applicants,
- 300,000 USD – Main applicant and Spouse,
- 25,000 USD – For the addition of each eligible dependent under 18 years of age,
- 75,000 USD – For the addition of each eligible dependent above 18 years of age,
- 75,000 USD – for parents over 65 fully supported by main applicant.
Additional Governmental Expenses:
Due Diligence :
- 7,500 USD – Per Person,
- 4,000 USD – Spouse,
- 4,000 USD – Per Dependent above 16
- 250 USD – Processing Fee Per Person
- 500 USD – Passport Fee Per Person
Real Estate Investment
- Purchasing an authorized real estate to the minimum value of $200,000 USD in an approved project under the new CBI program.
Or
- Purchasing an authorized real estate to the minimum value in a private home (villa) of $800,000 USD for 7 years.
- Investment minimum of $400,000 in a condominium unit as an approved private home.
- Investment minimum of $400,000 in a government-approved projects (5-stars hotels, resorts, etc.)
The Private Home Sale Investment Option will be retained as a permanent investment option under the CBI Programme, where the minimum investment per application is US$400,000 in a private single-family dwelling house designated as an Approved Private Home.
The private property maintained includes the following restrictions:
- It is not resold within 7 years,
- Non-transferable to any other CBI applicant,
- It cannot be converted into apartments or condominiums.
Additional Governmental Expenses:
Government Fee:
- 35,050 USD–Main applicant,
- 20,050 USD – Spouse,
- 10,050USD – Per additional Dependent Child,
Due Diligence :
- 7,500 USD – Per Person,
- 4,000 USD – Spouse,
- 4,000 USD – Per Dependant above 16
- 500 USD – Processing Fee Per Person
- 500 USD – Passport Fee Per Person
Alternative Investment Option (AIO)
- $175,000 USD – in Public Good Investment Option (PGIO) that has replaced Public Good Project Investments (PGPD).
Government Fees for NEW CBI Applications From January 2024 onwards:
For Non-Accelerated CBI applications under the Real Estate Investment Option, Private Home Sale Investment Option, and the PGIO, the government fees payable upon approval-in-principle will be adjusted as follows:
- 25,000 USD – Main Applicants,
- 15,000 USD – Spouse,
- 10,000 USD – Per Additional Dependent Child or eligible defendant under 18 years of age,
- 15,000 USD – Per Additional Dependent Child or eligible defendant above 18 years of age.
For accelerated CBI applications, the enhanced government fees payable upon approval in principle will be as follows:
- 42,500 USD – Main Applicants,
- 32,500 USD – Spouse,
- 22,500 USD – Per Additional Dependent or eligible defendant under 18 years of age,
- 32,500 USD – Per Additional Dependent or eligible defendant over 18 years of age.
Government Fees for Non-Accelerated and Post-citizenship Additional Applications:
- 20,000 USD – Add a spouse after the approval of the main applicant’s CBI application – for non-accelerated post-citizenship,
- 10,000 USD – Add a newborn child before the citizenship letter is granted – for non-accelerated post-citizenship,
- 37,500 USD – Adding a spouse or other eligible dependents after the approval of the main applicant’s CBI application – For accelerated post-citizenship,
- 22,500 USD – Adding a newborn child after approval-in-principle but before citizenship is granted to the main applicants – For accelerated post-citizenship.
These government sums are only eligible for investment in public interest projects (PGIO).
Additional Governmental Expenses:
Due Diligence :
- 7,500 USD – Per Person,
- 4,000 USD – Spouse,
- 4,000 USD – Per Dependent above 16
- 250 USD – Processing Fee Per Person
- 350 USD – Passport Fee Per Person
Benefits of St. Kitts and Nevis Citizenship (Passport)
- Fast Processing time between 6 – 8 months,
- Visa-free travel to over 157 countries, including the United Kingdom, Hong Kong, European, Schengen States, and India,
- Benefit the healthcare system and hospitals,
- Minimum reside in St. Kitts and Nevis is not required,
- Dual citizenship is allowed,
- Citizenship is lifetime,
- No force to prove your business, source of Income, education, English language, and interview,
- Minimal taxation _ no wealth, gift, inheritance, foreign income or capital gains tax,
- Secrecy of bank’s system,
- No force to conscription.
CBF’s highly experienced specialists offer you professional help on different Investments and how to obtain St. Kitts and Nevis Citizenship and Passport by Investment. We customize the best solution for you and your family based on your specific situation and requirement. To get started please contact one of our consultants in the U.A.E, Denmark, or Canada, and we will do our utmost to guide you through your Investment and your St. Kitts and Nevis CBI process.
