ST. KITTS & NEVIS

Citizenship by Investment

The beautiful, verdant two-island state of st kitts & nevis is located in the eastern Caribbean, to the west of Antigua and the south of Anguilla. Formerly a British colony, st kitts & nevis gained its independence in 1983 but has chosen to maintain links with its colonial past by keeping Queen Elizabeth II as head of state.

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Saint Kitts and Nevis

Officially known as the Federation of Saint Christopher and Nevis, it is a majestic island country consisting of two islands of Saint Kitts and Nevis. This microstate is in the West Indies, making it famous for its untouched beauty, primarily composed of lush and tropical islands.

The islands possess all the attractiveness, tropical savanna climate, and ideal living conditions that almost everyone loves. Having a low population, Saint Kitts and Nevis has intermixed cultural identities of French, African, British, and Caribbean influences.

Saint Kitts and Nevis is the smallest sovereign state and the smallest sovereign federation in the Western Hemisphere. The country is a member of the Commonwealth realm, with Charles III as the King and head of the state.

The federation belongs to the British Commonwealth, CARICOM, the Organization of American States, and several other international organizations.

The Eastern Caribbean Central Bank, also headquartered in St. Kitts, is responsible for the stability of the Eastern Caribbean Dollar (ECD), the national currency of most Eastern Caribbean countries pegged to the US dollar.

The economy of this emerging island is based on its dominant tourism sector, agriculture, and light manufacturing industries.

Saint Kitts and Nevis Citizenship by Investment Program:

To enhance the direct foreign investment in the country and to nurture its development, Saint Kitts and Nevis offers one of the oldest Citizenship by Investment programs, which the government officially sponsors.

With Saint Kitts and Nevis citizenship by investment program, foreigners can significantly contribute to the country's development.

St Kitts and Nevis Citizenship by Investment Program, established in 1984, allows international investors and their families to receive citizenship in exchange for a donation of at least $125,000 to the country's development (special offer from January 1 to June 30, 2023).

A substantial contribution to the Sustainable Growth Fund, the purchase of shares in pre-approved real estate developments, or an investment in a Public Benefits Project are all suitable investments.

Benefits of Citizenship by Investment Program

Certain countries offer citizenship by investment programs enabling foreigners to obtain dual citizenship along with the benefits of the country's passport.

Similarly, Saint Kitts and Nevis also has one of the oldest and unique citizenship by investment program with which you can obtain dual citizenship and avail the exciting benefits of a Saint Kitts and Nevis passport.

The citizens have shared many benefits of these programs; however, the most common and renowned benefits are the following:

Visa Free Travel

With the dual citizenship of Saint Kitts and Nevis, you can enjoy the freedom to explore 154 countries without the hassle of visa requirements, including popular destinations like the UK, Russia, Singapore, Hong Kong, and more.

Fastest Application Process in the Caribbean

The streamlined Caribbean application process ensures swift processing, reducing wait times and providing a seamless experience. You can get your dual citizenship within the short time frame of 5-6 months.

Cheap Investment Program

The passport of St. Kitts and Nevis is highly recognized and has an outstanding reputation, and only a small number of passports have been issued by the government under this citizenship-by-investment program. It is the most affordable program for Americans seeking second citizenship.

Minimal Processing Fees

We offer competitive and transparent processing fees, making the citizenship application process affordable and accessible. However, the CBI program for Saint Kitts and Nevis also has a minimal processing fee.

No Physical Residency Requirements

There is no need to relocate or establish physical residency in Saint Kitts and Nevis, thus allowing you to maintain your current lifestyle and commitments. Even without physically residing in the country, you can obtain dual citizenship.

No Business Experience Required

Saint Kitts and Nevis citizenship by investment program is designed for individuals from all backgrounds, eliminating the need for prior business experience to qualify.

No Physical Residency Requirements

There is no need to relocate or establish physical residency in Saint Kitts and Nevis, thus allowing you to maintain your current lifestyle and commitments. Even without physically residing in the country, you can obtain dual citizenship.

No Language Requirements

Applicants from various linguistic backgrounds are encouraged to apply, thus removing language barriers and ensuring inclusivity.

No Mandatory Interviews

The government has made this dual residency process hassle-free by eliminating mandatory interviews, saving time, and simplifying the application process.

Tax Relief Benefits & Export Allowance

The Saint Kitts and Nevis government offers tax relief benefits and export allowances, providing additional incentives for business and investment opportunities.

Free Movement in the CARICOM

The Free Movement in the CARICOM (Caribbean Community) advantage offers significant benefits to individuals who acquire citizenship through a CBI program.

With CARICOM membership, citizens can enjoy free movement within member countries, facilitating seamless travel, employment, and business opportunities across the Caribbean region.

This allows for greater flexibility, access to a larger market, and the ability to explore diverse cultures and economies within the CARICOM community.

Family Citizenship

With this program, the main applicant and their spouse, dependent children, and parents can obtain citizenship. This provides a unique opportunity to secure a better future for the entire family, including access to world-class education, healthcare, and lifestyle benefits.

St Kitts and Nevis Citizenship Requirements

The St. Kitts and Nevis Citizenship by Investment (CBI) program has certain requirements that applicants must meet.

The main requirements include:

  • Making a qualifying investment in the country
  • Passing the due diligence checks
  • Paying the necessary fees

Sustainable Development Fund

The Sustainable Growth Fund (SGF) is one of the investment options available under the St. Kitts and Nevis Citizenship by Investment (CBI) program.

To qualify for citizenship through the SGF, applicants must meet specific requirements. These include making a minimum non-refundable contribution to the SGF, which varies depending on the number of dependents included in the application.

The non-refundable contribution requirements for SDF include the following:

  • USD 125,000 for a primary applicant
  • USD 150,000 for a primary applicant and spouse
  • USD 170,000 for a primary applicant, a spouse, and two dependents
  • USD 10,000 for each additional dependent under 18 years old
  • USD 25,000 for each additional dependent over 18 years old

Under the LTO (Limited Time Offer), applicants can use the Accelerated Application Process, reducing the processing time from 90 to 60 days without extra charges.

Effective from 1 July 2023, the non-refundable contribution requirements will be adjusted as follows:

  • USD 150,000 for a single applicant
  • USD 175,000 for the primary applicant and spouse
  • USD 195,000 for the primary applicant, spouse, and two dependents

The additional dependents under 18 years of age will require USD 10,000 each, while those over 18 will require USD 25,000 each.

Public Good Fund

With the Public Good Investment Option (PGIO), the government emphasizes the applicants to invest in the specific sectors of the country that can contribute towards the effective transformation and benefit Saint Kitts and Nevis citizens.

The investment options must enhance the local economy, including maximizing employment, transferring technological skills, and increasing capacity building.

  • Meeting the PGIO requirements involves contributing US$175,000.

To become a Public Good Investor, interested individuals must apply to the Board of Governors for designation.

Real Estate Option

The real estate investment requirement for Saint Kitts and Nevis Citizenship by Investment (CBI) program involves investing in approved real estate projects.

To qualify, applicants must make the following:

  • A minimum investment of at least USD 200,000 in a designated real estate development.
  • The investment must be held for a minimum period of five years.

Or

  • USD 400,000 (with a minimum holding period of five years) for one applicant.

This option allows individuals to become citizens of Saint Kitts and Nevis while acquiring valuable real estate assets.

How Can Global Migrate Help?

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Obtaining dual citizenship comes with many benefits, including visa-free travel to 150+ countries, tax exemptions, and cheap investment opportunities.

However, the application process and document submission may become daunting and challenging for you to handle because there are certain complexities inside the application filing process and the professional knowledge required to fill them.

That's why Global Migrate always suggests following its professional assistance and guidance for dual citizenship and citizenship by investment programs.

At Global Migrate, we are dedicated to assisting applicants in obtaining dual citizenship through the Citizenship by Investment program for Saint Kitts and Nevis. With our expertise and personalized approach, we provide comprehensive services that simplify and streamline the application process.

  • Document Preparation: We assist in gathering and preparing all necessary documents, ensuring they meet the program's requirements and standards.
  • Application Support: Our team diligently completes and submits the application forms on behalf of the applicants, ensuring accuracy and efficiency.
  • Due Diligence Assistance: We navigate the due diligence process, providing guidance and support to help applicants meet the program's integrity checks.
  • Investment Selection: We offer comprehensive advice on investment options, helping applicants choose the most suitable investment route for their circumstances.
  • Application Tracking: We provide regular updates and tracking of the application progress, keeping applicants informed throughout the process.

With Global Migrate, applicants can rely on our expertise and dedicated services to confidently and efficiently navigate Saint Kitts and Nevis Citizenship by Investment program.

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