Saint Kitts and Nevis

This twin-island nation has a rich heritage that is a treat to explore. A combination of the colonial and the contemporary, St. Kitts and Nevis is the perfect place if you wish to enjoy the best of both antiquity and modernity. The country’s characteristic sandy beaches and woody mountains beckon the curious.

Program Overview

The Citizenship by Investment program in the Caribbean nation of St. Kitts and Nevis is the government flagship program established to encourage foreign investors to invest in the upcoming lucrative markets of the seaside country. Applicants can apply for citizenship and a second passport.

Program Benefits
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Months to Citizenship
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Donation Amount (USD) from-$
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  • No physical stay or relocation required during the application
  • Application processing is between 3-4 months
  • Flexibility to travel Visa-free to 130 countries, including the UK,  Singapore, and the Schengen countries
  • Zero tax on personal income, capital gains, foreign income, inheritance, wealth, and gift
  • Zero restrictions on capital import 
  • Exemptions from all import duties and huge export allowances 
  • Varied corporate incentives and tax reliefs
Program Qualifications

The Citizenship by Investment program of the island nation of St. Kitts and Nevis was set up after the passing of the Citizenship Act, 1984. Interested applicants can even apply for a St. Kitts and Nevis passport which is valid for a term of 10 years.

Eligibility criteria for citizenship are:

  • Persons above the age of 18
  • Persons of sound physical and mental state
  • Persons in possession of legal and investment-worthy funds
  • Persons capable of making ethical business decisions
  • Persons with a clean criminal record

Non-Eligible Countries:  Iran, Afghanistan, North Korea, Cuba

Investment Options

The Government of Saint Kitts and Nevis offer multiple investment options for interested applicants.

The investment options include:

  • Government funds -Sustainable Growth Fund (SGF)

Interested applicants must invest a minimum amount of USD $150,000 (single applicant), the main applicant with up to three dependents (for example, a spouse and two children): a non-refundable contribution of US$195,000 is required. Dependent children must pay additional government fees of US $10,000 each and must be enrolled in an educational institution at the time of application.  

 

  • Real estate

The real estate industry in St. Kitts and Nevis is booming. Interested applicants can invest in residential and/or commercial properties by making a minimum investment of USD $200,000 (resalable after 7 years) or USD $400,000 (resalable after 5 years) for each main applicant. Dependent children must pay additional government fees of US $10,000 each regardless of age.

Fees
  • Sustainable Growth Fund (SGF)  Donation option

Minimum investment: $150,000 Single applicant or $195,000 (Family of Four)

Due diligence fee: $7500 for main applicant and $4000 for dependents above 16 years.

Passport fee: $350 per person

Additional: Courier charges, Bank transfer, Translation, Notary etc  $1,000

  • Real Estate option

Minimum purchase: $200,000 (share) or $400,000 (with title)

Government Fee: of $35,000 main applicant and $20,000 for spouse and $10,000 for children regardless of age

Due diligence fee: $7500 for main applicant and $4000 for dependents above 16 years.

Passport fee: $350 / person

Note: Please ask us for quote for exact costs as the fees and costs involved vary depending on clients case

FAQs about St.Kitts and Nevis & The Citizenship by Investment Programme
  • What is the minimum investment needed?As of Jan 2019, the St.Kitts government has introduced the minimum investment amount to USD 150,000 under SGF donation to the state fund and USD 200,000 under real estate for a single applicant.A non refundable charity donation of minimum US$ 150,000 to the Sustainable Growth Fund (SGF) for a single person + payment of DD processing fees ($7500).  The total investment amount (including all charges) comes approx around USD 157,500 for single applicant plus additional lawyer fees apply (average $6,000 per file) depending on accompanying family members(or)
    1. Designated recoverable Real Estate Investment with a value of at least US$ 200,000 plus payment of various registration and other fees . Additional charges include Govt processing fee, DD and application fees.

    Additional costs apply including for any family dependents. You can include a spouse and children below 18 yrs of age in the citizenship application.

    Are there any fees for children aged over 18 years of age to be included in the Citizenship application?

    Yes. Children who are aged between 18 – 25 years pay additional Government fees. Siblings are also possible.

    What is the time frame to process the application?

    The application process time after receiving the complete application forms and documents (as well as paying the funds) is currently 3-4 months – regardless if a client chooses the SGF option or the real-estate program. There is also an Accelerated application process (AAP) for additional fee where decisions are made in 60 days.

    What is the main difference between SGF and Real Estate options?

    SGF option (replaces SIDF)  is a public charity and the investment amount is donated to the sugar industry foundation (charity). is non refundable by the Govt. With the real estate option it is a bit expensive, but investment is recoverable (real estate can be sold after 5yrs).

    The real estate investment is a recoverable investment, because you can sell it after 5-7 years.  As of new rules from 2012, the next buyer will qualify for citizenship.

    We highly recommend the real-estate program, because having a “second home” in St.Kitts is a very good reason for getting a St.Kitts citizenship and passport. This would help even if you are questioned at border controls.

    As you can see, the real estate option is expensive but the real estate option is a recoverable investment, however, you can only sell your property after 5 years. It also qualify the next buyer for citizenship.

    Both real estate and SIDF take the same approval time

Make Saint Kitts & Nevis your second home 

Visa-Free Countries

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52,441
POPULATION
US$31,095
GDP (per capita)
US$1.758 billion
GDP (purchasing power parity)

CAPITAL CITY
Basseterre
TIME ZONE
Eastern Caribbean Time Zone (UTC-04:00)
TOTAL AREA
261 km2
LANGUAGES
English
CURRENCY
ECD $
MAIN INDUSTRY
Tourism, Financial Services
SCHENGEN/ EU
EU travel–Visa Free

KEY ADVANTAGES

  • Modern international airport and hub
  • Affordable option for families
  • Favorable tax regime
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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.

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