St. Kitts & Nevis Citizenship by Investment Programme – Requirements, Benefits, and Investment Options
St. Kitts & Nevis Citizenship by Investment Program was initiated in 1984 with an idea to open opportunities for foreigners to live and work in the country to improve the country’s economic growth. The government of St. Kitts and Nevis approved this citizenship program with the decision of the cabinet only for those who qualify under certain criteria. St. Kitts and Nevis are two tropical islands, full of nature and have so much more to offer.
Having a St. Kitts and Nevis second passport allows you to travel directly to and from the US and Europe. St. Kitts & Nevis Citizenship by investment is one of the oldest and a valuable programs.
Benefits of St. Kitts and Nevis Citizenship
- Fastest processing in 4 to 6 months
- Application approval in 60 or fewer days
- Children up to age 30 are included as dependents
- Parents and grandparents over age 55 considered as dependents too
- Residency or stay in the country is not required
- Visa Free travel to 135+ countries
- Direct flights to and from Europe
- Dual Citizenship is allowed
- Zero taxation on income globally
- Extremely low crime rate
- Excellent education and healthcare facilities
Requirements for St. Kitts and Nevis Citizenship by Investment Programme
- No Criminal record
- Owns a high net worth position in the currently residing county
- Physical and Mental Health Assurance
- Investment Options
You can enjoy a fulltime citizenship along with your family which passes to the generations. The citizenship by Investment program of St. Kitts and Nevis allows the applicant to stay in any of CARICOM member countries no matter for how long they want to stay.
St. Kitts and Nevis offer two types of investment options under their Citizenship by Investment Programme which are the following:
1: Donation Option
The government of St. Kitts and Nevis has introduced a permanent investment fund in April 2018 which was a variation in the temporary relief fund for hurricanes introduced in 2017. The government is also offering a discounted amount of $150,000 for a family of four instead of $195,000 which is valid till the last month of this year 2020.
Single Applicant: $150,000
Other Dependents: $10,000
Additional charges for diligence test are as follows:
For main applicant: $7,500
For Dependents over age 16: $4,000
For Financial Sponsor: $4,000
- Real Estate Investment Option
An applicant can make an investment of $400,000 by purchasing any government-approved property, in this case, the applicant is required to maintain this amount for five years.
The main applicant can by a property of any luxury resort approved by the government with an amount of $200,000 and in this case, the investment amount can be maintained for seven years.