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St. Kitts & Nevis Citizenship by Investment

Overview

St Kitts & Nevis is known as the “Platinum Standard of Citizenship by Investment Programs” around the world and certainly lives up to the reputation by providing one of the longest-running and most trusted programs. Established in 1984, the citizenship program offers applicants a second passport in little as 2- 3 months. Saint Kitts and Nevis is a beautiful to 2- island nation located in the Caribbean Sea, boasting white sandy beaches with clear blue water, mountains, and tropical rainforests. This untouched nature and beauty have earned St Kitts & Nevi the title of being one of the top tourist destinations in the world.

As one of the wealthiest nations in the Caribbean, St Kitts & Nevis offers a politically and economically stable environment with a sophisticated legal framework and highly developed banking systems.

Benefits

Applicants of the citizenship by investment program can benefit from this prosperous nation and obtain a passport that comes with many benefits including:

  • Investment is only required after the application approval.
  • Dual citizenship.
  • Visa-free travel to over 150 countries including the EU & the UK.
  • Right to live, work and study in St Kitts & Nevis and any of the CARICOM member countries.
  • Confidential (St Kitts & Nevis does not notify your home country).
  • Passed to future generations.
  • Remote application and no residency requirements.

Requirements for St Kitts & Nevis citizenship

Applicants proceeding with the citizenship by investment program must be at least 18 years of age and hold a clean criminal record. Saint Kitts and Nevis Citizenship Unit conduct a thorough due diligence process to ensure only the highest moral standing applicants can proceed. Applicants are required to provide personal documentation such as passports, national IDs, birth and marriage certificates, and proof of funds. Along with the required documentation, applicants have the choice of proceeding with 2 investment options.

Investment options

First investment option: SISC contribution

Applicants must make a non-refundable contribution to SISC (Sustainable Island States) starting at USD $250,000, including up to 4 dependents without making an additional contribution, only paying the government and due diligence fees for each one. For families with more than four members, USD $25,000 must be added for each child under 18 and USD $50,000 for each person over 18.

SISC promotes sustainable development by investing in sectors such as food security, renewable energy, economic diversification, social protection, and climate change.

Second investment option: Real estate

Investors can make an investment of USD $325,000 in approved projects and maintain the investment for seven years. After this period, investors can choose to sell the investment without affecting their citizenship status.

Third investment option: Real estate – Private

Applicants may opt for an investment of USD $325,000 in Condominium or Private Real Estate projects, or USD $600,000 in single-family housing (Private Real Estate), which cannot be sold for the following seven years. After this period, investors may choose to sell the investment without affecting their citizenship status.

Fourth investment option: Public benefit

Through a minimum non-refundable contribution of USD $250,000 to a Public Benefit project. The PBO supports projects that contribute directly to the social and economic development of Saint Kitts and Nevis, with a focus on community well-being, job creation, and strengthening key sectors such as health and education.

Process and costs

The Citizenship Unit offers a fast track and streamlined process. Once applicants have obtained all required documentation as well as chosen their investment route, they must submit their application through an authorized local agent (as required by law). The typical timeframe is 4 to 6 months, and once the application is approved, applicants can proceed with their chosen investment and acquire their St Kitts and Nevis passport.

Additionally, applicants are required to pay due diligence fees:

  • Main applicant: USD $10,000.
  • Dependents over 16 years of age: USD $7,500.

If proceeding with the Public Benefit option or either of the two real estate investment alternatives, applicants are required to pay a government fee after approval of:

  • Main applicant: USD $25,000 (only for real estate investment, including the private option).
  • Spouse: USD $15,000.
  • Dependents under 18 years of age: USD $10,000.
  • Dependents over 18 years of age: USD $15,000.

Contact us

St Kitts & Nevis is a business-friendly jurisdiction that offers zero to low tax rates as well as other advantageous tax incentives. Income, wealth, and inheritance are all tax-exempt and non-residing citizens of St Kitts & Nevis can benefit from their territorial tax system.

Ready to obtain your St Kitts & Nevis passport? Contact us at info@kraemerlaw.com