St Kitts & Nevis
• Citizenship by InvestmentWith its breathtaking natural beauty, warm skies and white sandy beaches, St. Kitts & Nevis is one of the most stunning spots in the Caribbean. With the country’s CIP program, investors have the opportunity to wake up there every morning in as little as a few months.
CAPITAL – Basseterre
TIME ZONE – UTC -4
TOTAL AREA – 261 sq. km.
LANGUAGE – English (official)
RELIGIONS – Anglican, Other Protestant, Roman Catholic
GOVERNMENT TYPE – Federal parliamentary democracy (National Assembly) under a constitutional monarchy and Commonwealth realm
CURRENCY – East Caribbean dollars (XCD), tied to USD
EXCHANGE RATE – 1 USD = 2.7 XCD
WHY CHOOSE ST. KITTS & NEVIS?
This beautiful two-island nation is blessed with tropical temperatures, clear blue waters and a bustling trade and tourism economy. It is well-connected by direct flights to and from Europe and the U.S., and offers residents and citizens sought-after advantages, such as dual citizenship and tax-free worldwide income. As one of the longest-established programs of its kind, the St. Kitts & Nevis Citizenship by Investment Program offers applicants a host of unique benefits:
- Fast processing within four months.
- Accelerated Application Process – approval within 60 days.
- Inclusion of dependent children under 30 and dependent parents or grandparents over 55.
- Inclusion of financially-dependent siblings of the main applicant who have no children and are under 30.
- No physical residency requirements.
- No requirement to travel to St. Kitts & Nevis during the application process.
- No interview, education or managerial experience required.
- Visa-free travel to more than 135 countries, including Schengen member states, the U.K., Hong Kong, Singapore and more.
- No tax on worldwide income.
- St. Kitts & Nevis recognizes dual citizenship, so investors can still benefit from their current passports.
QUALIFICATIONS
The 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 oldest citizenship by investment program in the world.
To qualify for citizenship in St. Kitts & Nevis, applicants must fulfill one of the investment requirements below in addition to the following criteria:
- Be of outstanding character.
- Hold no criminal record.
- Have excellent health.
- Have a high personal net worth.
INVESTMENT OPTIONS
1. Sustainable Growth Fund
In April 2018, Saint Kitts & Nevis launched a new permanent investment fund to replace the temporary Hurricane Relief Fund set up to address the devastation caused by the 2017 hurricanes in the Caribbean. The new Sustainable Growth Fund is open for donations with the following thresholds:
- US$150,000: Single applicant.
- US$25,000: Spouse.
- US$10,000: Per additional dependent.
Limited Time Offer: Government of Saint Kitts & Nevis is now offering a reduced donation of US$150,000 for a family of four (instead of US$195,000). Offer is valid until 31 December 2021.
In addition, due diligence fees are as follows:
- US$7,500: Due diligence of main applicant.
- US$4,000: Due diligence for dependent over 16.
- US$4,000: Due diligence for financial sponsor.
2. Real Estate Investments
A. Five-year hold period Applicants may purchase government-approved property valued at a minimum of US$400,000, or purchase shares valued at the same minimum amount in a real estate development. The investment must be maintained for a minimum of five years.
B. Seven-year hold period Applicants can make an investment of US$200,000 in a government-approved luxury resort. The investment must be maintained for a minimum of seven years.
In both cases, investors are required to pay additional applicable taxes and fees.
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