Saint Kitts and Nevis

Saint Kitts and Nevis

About Saint Kitts and Nevis

Saint Kitts and Nevis is a dual-island nation situated between the Atlantic Ocean and Caribbean Sea. St. Kitts and Nevis, also known in the country’s constitution as Saint Christopher and Nevis, has been independent since 1983 and forms part of the group of islands known as the Lesser Antilles, located some 2,000 km to the southeast of Miami.

The Federation comprises two islands: Nevis with an area of some 93.2 sq.km and St. Kitts with 168.4 sq.km. The official and business language is English. The Federation is also a member of the United Nations (UN), the Caribbean Community (CARICOM), the Organisation of Eastern Caribbean States (OECS), and the Organisation of American States (OAS).

The Eastern Caribbean Central Bank has its headquarters on St. Kitts. It maintains the stability of the Eastern Caribbean Dollar (EC$), which is the national currency of most eastern Caribbean countries and is tied to the US Dollar. The head of state is the Queen of England. St. Kitts and Nevis is a well-functioning democracy based on the British parliamentary system.

Citizenship by Investment

Established in 1984, the St Kitts and Nevis Citizenship by Investment Programme is the oldest economic citizenship programme in the world. It is run by the Citizenship by Investment Unit that, with 30 years of administrative experience and a renewed commitment to transparency, serves as a positive example to all other countries with similar programmes.

Under the Programme, business leaders and their families are allowed to invest in this peaceful country in return for full citizenship.

Successful applicants will be able to travel visa-free to more than 150 countries around the globe, including the European Union, the United Kingdom (UK), Brazil, Singapore, and Hong Kong.

Eligibility Criteria

Applicants for the St Kitts and Nevis Citizenship by Investment Programme must fulfil the following conditions:

Be at least 18 years old
Be of good character
Have no criminal record
Pass a detailed background check
Be able to provide proof of source of funds
Be healthy

Investors may apply with their spouse and dependent children, and, in some cases, dependent elderly parents or grandparents.

Immigration Benefits

Full citizenship status
No requirement to visit St Kitts and Nevis before, during, or after application
No interview requirement
No English language requirement
Low processing fees
Fast processing time
Dual citizenship is allowed
Discretion (Choice of real estate investment)
Social and political security
Visa-free travel over 150 countries (including the UK, the EU, and Brazil)
No foreign income, capital gains, gift, and inheritance tax
Excellent asset protection services and business environment
60-day processing for all successful applicants who choose the premium Accelerated Application Process (AAP) for an additional fee.

The St. Kitts & Nevis passport is very well regarded and has excellent reputation, and only relatively few passports have been issued under this citizenship-by-investment program by the Government. It is a cheapest program to gain second citizenship for Americans.

To be eligible for citizenship of the Commonwealth of Dominica under its Citizenship by Investment Programme, you must make:

EITHER

A contribution into the Economic Diversification Fund (EDF) amounting to a minimum of USD 100,000 for a single applicant, and increasing depending on the number of dependants included in the application;

An investment in designated real estate with a value of at least USD 200,000.

The Government of the Commonwealth of Dominica invites investments that will generate sustained economic growth and prosperity, and create jobs and business opportunities for the people of Dominica. The Government is committed to continuing to provide the legislative and administrative framework, and fiscal and technical support, necessary to encourage your investments and attain these goals. Dominica is creating modern, diversified, sustainable, and resilient economic structures to meet the demands of a highly competitive global environment.

The Dominica Government Fund finances public and private sector projects in the country in an effort to increase national development and support the islands social progress and financial security. Public sector projects identified for financing by the fund include renovating the local hospital, building new schools, constructing a national sports stadium, and promoting the Island of Dominica offshore industry. Private sector projects financed by the fund primarily focus on advancing the nation’s information technology, tourism, and agricultural sectors.

The cost to become a Dominica citizen is likely increase substantially by end of 2018, bringing the country’s prices more in line with other Caribbean citizenship programs.

The Sustainable Growth Fund took effect in April 2018. A direct contribution to the Government of St Kitts and Nevis, the Fund focuses on stimulating the areas of education, health, and infrastructure, mitigate the effects of climate change, support economic growth, and promote, preserve, protect and develop the culture and heritage of the nation. The investment contribution for a main applicant is US$150,000, with a US$25,000 investment for the spouse, and a further US$10,000 per dependent. Therefore, a typical family of four, composed of a main applicant, a spouse, and two children, is required to contribute a total of US$195,000. A further contribution of US$25,000 is required for subsequent dependents.

Upon submission of an application, non-refundable due diligence and processing fees must also be paid. These fees amount to US$7,500 for the main applicant, and US$4,000 for each dependent of the main application who is over 16 years old.

The Sustainable Growth Fund shall be used

for the funding of school construction and education related initiatives, including, funding for computers, books, scholarships and bursaries;
to mitigate the effects of climate change in St Kitts and Nevis, including, preparation for increased hurricane threats, droughts, emergency preparedness, public education, disaster planning and preparedness.
to support economic growth in St Kitts and Nevis, including, improve competitiveness, support small and medium sized business enterprises, support manufacturing and industrial activities, support agricultural diversification and development, support the fisheries sector, support development of financial services, support further development of domestic and export driven manufacturing, support improvement in the ease of doing business and to support improvements in technological advancement.
for the build out of infrastructure that supports all ports of entry. repay loans for ports of entry, to enhance the port facilities of airports and sea ports and to support the build off roads and utilities
for the development and enhancement of medical facilities of St Kitts and Nevis.
to support tourism development;
to promote, preserve, protect and develop St Kitts and Nevis’ culture and heritage; and
to support other sustainable growth initiatives in St Kitts and Nevis.

Acquisition of citizenship under the SIDF option requires a contribution to the Sugar Industry Diversification Foundation. The contribution is in the form of a one-time payment, and there are four different categories:

Single applicant: US$ 250,000 contribution required;
Applicant with up to three dependants (i.e. spouse and two children under 16 yrs. or above): US$ 300,000 contribution required;
Applicant with up to five dependants (i.e. one spouse and four children): US$ 350,000 contribution required;
Applicant with seven and more dependants: US$ 450,000 investment required.

In each of these categories, the total amount does not include all government fees, due diligence and lawyer fees. The documentation required for an application is reasonable and the application procedure is straightforward. The average processing time under the SIDF option is 3 – 4 months.

	Minimum Investment (SIDF Contribution)	Government Fees	Government Due Deligence Fee	Lawyer and Agent Fee for Application	Total Amount
Single Applicant	US$ 250,000	Included in SIDF contribution	US$ 7,500	US$ 35,000	US$ 292,500
Applicant with 3 dependents (1 spouse + 2 children under 16 yrs or above)	US$ 300,000	Included in SIDF contribution + Additional Government fee of US$ 50,000 apply for children of 18-25 years (or) dependent seniors of 65 years of age or above	US$ 7,500 + Additional US$ 4000 for each dependent children over 16 years. Including spouse	US$ 45,000	US$ 356,500 (1 spouse + 2 children below 16 yrs)US$ 364,500 (1 spouse + 2 children between 16-18 yrs)US$ 410,500 (1 spouse + 1 child below 16 yrs + 1 child above 18 yrs) US$ 464,500 (1 spouse + 2 children above 18 yrs of age)
Applicant with 5 dependents (1 spouse + 4 children)	US$ 350,000			US$ 60,000	US$ 421,500 (1 spouse + 4 children below 16 yrs)US$ 475,500 (1 spouse + 3 children below 16 yrs + 1 child above 18 yrs)

Note: Above fees (Government, due diligence & lawyers’ fees) might vary depending on case-to-case. Biometric costs will be extra. Above cost structure does not include processing and consultation fees.

The pre-approved real estate option requires applicants to purchase property. The minimum required investment under the pre-approved real estate option is US$400,000, with a further requirement to hold that property for a minimum of five years. Alternatively, applicants can invest into a share system, paying a minimum of US$200,000. In this instance, real estate must be held for a period of seven years to maintain their economic citizenship status. Additional Government fees apply to both real estate options. The real estate investment of US$400,000 may also attract two applicants at US$200,000 each plus government fees, but this can only be resold after 7 years.

A list of approved real-estate developments is published on the website of the Citizenship-by-Investment Unit of the Government of St. Kitts and Nevis.

	Minimum Investment	Government Fees	Government Due Deligence Fee	Lawyer and Agent Fee for Application	Total Amount

Single Applicant	US$ 400,000			US$ 35,000	US$ 492,500
Applicant with 3 dependents (1 spouse + 2 children under 16 yrs or above)	US$ 400,000	US$ 50,000 for main applicant + US$ 25,000 for spouse + US$ 25,000 for each dependent children under 18 + US$ 50,000 for child dependents over 18-25 age and seniors over age 65	US$ 7,500 + Additional US$ 4,000 for each dependent children over 16 years.	US$ 45,000	US$ 581,500 (1 spouse + 2 children below 16 yrs) US$ 599,500 (1 spouse + 2 children between 16-18 yrs) US$ 610,500 (1 spouse + 1 child below 16 yrs + 1 child above 18 yrs) US$ 639,500 (1 spouse + 2 children above 18 yrs of age)
Applicant with 5 dependents (1 spouse + 4 children)	US$ 400,000			US$ 60,000	US$ 646,500 (1 spouse + 4 children below 16 yrs) US$ 704,500 (1 spouse + 2 children below 16 yrs + 2 children above 18 yrs)

St. Kitts And Nevis

Immigration with VisaAffix – an exciting journey!

About Saint Kitts and Nevis

Citizenship by Investment

Eligibility Criteria

Immigration Benefits

Investment Options

Contribution to the Sustainable Growth Fund (SGF)

The Sugar Industry Diversification Foundation (SIDF)

Investment in Pre-approved Real Estate

Free online assessment...

Countries

Company Info

Contact Us

Connect