Applicants may qualify for citizenship through an investment in a pre-approved real estate project, which may include hotel shares, villas, and condominium units. The minimum real estate investment required by law is US$200,000 (resalable after 7 years) or US$400,000 (resalable after 5 years) for each main applicant.
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 applicant who is over the age of 16 years.
On approval in principle of an application made through a real estate investment, a Government fee applies, as follows:
- Main applicant: US$35,047
- Spouse of the main applicant: US$20,047
- Any other qualified dependent of the main applicant regardless of age: US$10,047
In addition to these fees, real estate buyers should be aware of purchase costs (mainly compulsory insurance fund contributions and conveyance fees).
CitizenMatch with an assistance of real estate experts that can help acquire property in St. Kitts and Nevis. Please contact us to get the most up to date information.
Disclaimer
The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.