Saint Kitts and Nevis Citizenship by Investment

Prologue of Saint Kitts and Nevis Citizenship by Investment

The country's strategic location in the Caribbean makes it a gateway for business activities. The major markets of North America and Europe have an advantage in international trade. It also has a stable political environment for business and Investment in Saint Kitts and Nevis. The country offers attractive tax incentives that attract more Investment and business formation to maximize profits. Saint Kitts and Nevis has done business through infrastructure development, including telecommunication and transportation, and streamlined processes by reducing bureaucracy. The government of St Kitts and Nevis has a long-running Citizenship by Investment program to attract foreigners to contribute to the development of the country where the investors, along with their family members, qualify for citizenship through Investment either by making donations or real estate investment purchases in Saint Kitts and Nevis.

Why choose Saint Kitts and Nevis?

Saint Kitts and Nevis has a bustling trade and tourism economy. The strategic location of Saint Kitts and Nevis in the Caribbean makes it an ideal gateway for business activities in the region. The country offers numerous advantages for international trade, particularly for major markets in North America and Europe. Additionally, the government has a stable political environment that is conducive to business and Investment. Saint Kitts and Nevis offer attractive tax incentives to further attract Investment and business formation to maximize profits. The government has also made significant efforts to improve the business environment through infrastructure development, including telecommunications and transportation, and streamlining processes by reducing bureaucracy.

Emergence of St Kitts and Nevis Citizenship by Investment Program

The St Kitts and Nevis Citizenship by Investment Program was launched in 1984 and is the oldest in the world. It worked as a pioneer for other countries. It has played a crucial role in the development of the country. St Kitts and Nevis Citizenship by investment programs have given economic diversification to the government by attracting investors and reducing the contribution of the traditional sector to the modern industry to maintain economic growth. St Kitts and Nevis Citizenship by Investment Program attract more investors to contribute to the capital of the company in St Kitts and Nevis Citizenship by investment program in various manners such as real estate, etc. The Investment by the St Kitts and Nevis Citizenship will also contribute to the public fund for the contribution to the social growth of the country.

Application Process to Obtain St Kitts and Nevis Citizenship by Investment, CBI Program 

Obtaining St Kitts and Nevis Citizenship by Investment programs involves several steps. The program is designed to be efficient, but there are guidelines to be followed while applying to obtain the Saint Kitts and Nevis Citizenship by Investment Program.

1. Appointing Authorized Agent

Our experts will assist in appointing an authorized agent, and authorized agents are the individuals or firms licensed by the St Kitts and Nevis government to facilitate citizenship application.

2. Select an Investment Option

Our experts will guide you in choosing the best investment option by performing thorough research about the investment option.

3. Preparation and Submission of Application

We help in preparing and submitting the application, identifying documents, proof of funds, and other required documents for a successful submission.

4. Due Diligence

The Saint Kitts and Nevis Government perform due diligence and background checks on the investors before accepting the application. However, this ensures that the investors seeking citizenship can meet the legal requirements before the application gets approved.

5. Citizenship Certificate from Investment in St Kitts and Nevis

After successfully approving the application and submitting the fees, the government will provide the investor with a certificate of citizenship. The certificate will grant the Saint Kitts and Nevis Citizenship by Investment and benefits to the family members.

6. Issuance of St Kitts Passport 

After receiving the citizenship certificate, the investor can apply for a Saint Kitts and Nevis Passport. The passport offers visa-free travel and other benefits related to citizenship.

Key Investment Option to Obtain St Kitts and Nevis Citizenship by Investment Program 

1. Investment to Donation

The government of Saint Kitts and Nevis requires a contribution to the Sustainable Growth Fund, and its primary goal is to invest in public infrastructure development for the growth of the people of Saint Kitts and Nevis. This includes health care, education, and other public development infrastructure. As an individual applicant, you must invest a minimum of $250,000 and pay other application fees to obtain a Saint Kitts and Nevis Passport through the Saint Kitts and Nevis Citizenship by Investment program.

2. Investment by Real Estate

The government of Saint Kitts and Nevis determines which real estate projects meet the established thresholds to be designated as approved projects eligible to participate in the St Kitts and Nevis Investment Program. As an individual applicant, you must invest at least $400,000 and pay other application fees to obtain a Saint Kitts and Nevis Passport through the Saint Kitts and Nevis full Citizenship by Investment program.

3. Public Good Investment

The government of St Kitts and Nevis has decided to replace the Alternative Investment Option (AIO) with a new investment option called the Public Good Investment Option (PGIO). The PGIO is designed to bring about positive and lasting change by investing in projects that benefit the country's citizens. Investors who invest in the PGIO must assume all related financial risks related to the projects. The investor must agree to transfer all real estate ownership to state land to develop the real estate. However, to become a Public Good Investor, applicants must apply to the Board of Governors and contribute at least $250,000, excluding government fees and due diligence costs or processing fees. The board will then review the application and determine if the investor meets the criteria for the PGIO.

Benefits of Saint Kitts and Nevis Citizenship by Investment

The benefits of Saint Kitts and Nevis Citizenship by Investment are numerous, and several individuals apply for it to avail themselves of those benefits. 

1. Visa Free Travel

There is visa-free travel to all the EU countries and territories, and from January 24, 2024, the passport of Saint Kitts and Nevis makes it possible to travel without a visa to 150+ countries.

2. Global Flexibility

It increases global flexibility because visa-free travel to countries and territories is easy and does not require extensive visa applications.

3. Requirement of No Residency

The St Kitts and Nevis Citizenship by Investment Program grants full citizenship to applicants with no physical residency requirement, so investors don't have to relocate or live for a specific time in the country to secure citizenship.

4. Taxation Implications

A Saint Kitts and Nevis passport will help you take advantage of the tax implications of the country, which has no income or capital tax and is, therefore, attractive to investors.

5. Includes Family Member

A Saint Kitts and Nevis Passport secures a future for family generations with all the benefits of citizenship. The program also allows investors to include their family in the application, benefiting the entire family, including dependent spouses, children under the age of 25, dependent parents above the age of 65, and dependent unmarried siblings under the age of 25.

Eligibility Criteria for Saint Kitts and Nevis Citizenship by Investment

An eligibility criterion for Saint Kitts and Nevis Citizenship by Investment needs to be followed to get successful citizenship in Saint Kitts and Nevis.

1. Age Eligibility

The applicant must be 18 to apply for the Saint Kitts and Nevis Citizenship by Investment.

2. Good Background

The applicant needs to have a good character and no criminal background because, during application approval, there is thorough due diligence of background check to issue a certificate of citizenship and secure a Saint Kitts and Nevis Passport.

3. Investment Option

To join the St Kitts and Nevis Investment Program, the applicant must choose one of the three investment options approved by the government.

4. Financial Stability

The applicant must provide evidence of the financial capability to invest, including proof of funds and other financial documents.

5. Health Requirements

The applicant and their family must go through medical checkups to ensure they are in good health, and the required medical examination report needs to be submitted.

6. Family Member

The St Kitts and Nevis by Investment Program allows the applicant to include their family member of the applicant in the St Kitts and Nevis Citizenship by Investment Program.

Documents Required for Saint Kitts and Nevis Citizenship by Investment

The documents required for Saint Kitts and Nevis Citizenship by Investment are given below:

• Application Form
• Passport Copies of the applicant and his family members
• Passport-size photograph of the applicant and his family members
• Certified Birth Certificate copy
• Proof of Applicant's Residential Address
• Complete forms of the particular chosen investment option
• Applicant needs to provide evidence of the financial capability to invest and proof of funds
• A report of the medical examination needs to be submitted.
• Copy of Birth Certificate
• A certified copy of the marriage certificate
• Evidence of Cost and Fee payment

Ineligibility Criteria for Saint Kitts and Nevis Citizenship by Investment

If you meet the ineligibility criteria mentioned below, you will not be able to secure a Saint Kitts and Nevis Citizenship by Investment.

• If the Saint Kitts and Nevis passport application is misrepresented or has omitted information.
• If the individual has been denied a visa to a country where the Saint Kitts and Nevis passport allows visa-free travel.
• If the individual is a Russia, Belarus, Iraq, Afghanistan or North Korea citizen.

How do you qualify for St Kitts and Nevis Citizenship by Investment Program?

The Qualification for St Kitts and Nevis Citizenship by investment program has several investment options need a minimum investment by an individual applicant of $250,000, an applicant with a spouse of $300,000 and $350,000 with a family of up to four people into the Sustainable Development Growth Funds, $400,000 in Real Estate Fund in government-approved properties which is resaleable after seven years and $800,000 in the private home sale investment. All the options need due diligence and government fees that adhere to the requirements, which will help obtain Saint Kitts and Nevis Citizenship by Investment. Then, the individual can physically collect the Certificate of Citizenship from Saint Kitts and Nevis or at the approved embassy.

Empower the Global Citizenship by St Kitts and Nevis Citizenship by Investment Program

St Kitts and Nevis Citizenship by Investment programs have played an essential role in empowering global citizenship by providing an individual with a second citizenship.

Global Mobility

It increases global mobility because visa-free travel to countries and territories is easy and requires no extensive visa application.

Investment Option

There is an investment option to become a part of the St Kitts and Nevis by Investment Program, and the applicant must choose one of the investment options approved by the government.

Stable Economic Opportunities

Saint Kitts and Nevis Citizenship by Investment allows individuals to join a business-friendly environment and access economic opportunities and potential business projects, attracting investors seeking new markets and expansion.

Contribution to Sustainable Development

The financial contribution made by the individual through the St Kitts and Nevis Citizenship by Investment Program plays a vital role in the sustainable development of Saint Kitts and Nevis, which includes Investment in social and public infrastructure development of the Siant Kitts and Nevis.

Global Networking Opportunities

The individual obtaining St Kitts and Nevis Citizenship by Investment Program gains access from global citizens through free visa travel to some countries and making international connections in various countries.

St Kitts and Nevis Citizenship by Investment Other Requirements

Family Requirements

St Kitts and Nevis Citizenship by Investment Programs allows the applicant to include family numbers such as dependent spouses, children under the age of 25, dependent parents above the age of 65 and dependent unmarried siblings under the age of 25. 

Due Diligence Requirements

The Saint Kitts and Nevis government conducts due diligence, including assessing the individual's financial suitability and conducting background checks on the individual and their family members.

Minimum Stay for Investment Requirements

To obtain second citizenship in Saint Kitts and Nevis Citizenship by Investment, there is no residential requirement or minimum period of stay. The individual can also choose where to stay while holding the citizenship by Investment.

How Much Does St Kitts Citizenship by Investment Program Fees and Cost?

Obtaining the St Kitts and Nevis Citizenship by Investment program currently involves fees and costs based on the type of investment option and the number of family members.

Sustainable Growth Fund

• Single citizenship is $ 250,000, and the due diligence fees of $7500
• Applicant plus spouse: The Investment requires $300,000, and due diligence fees will be $11,500
• Applicant plus spouse and up to 2 Children, the Investment requires $350,000, and due diligence fees are $11,500.

Real Estate Investment in Government-Approved Property

• Single Applicant is required to invest $400,000 with government fees of $35,000 and Due diligence fees of $7500
• Applicant plus spouse required to invest $400,000 with government fees of $55,000 and Due diligence fees of $11,500
• Applicant plus spouse and up to 2 children are required to invest $400,000 with government fees of $75,000 and Due diligence fees of $11,500

Key Difference of Obtaining Saint Kitts and Nevis Citizenship by Investment from Other Countries

The process of obtaining citizenship through Investment in Saint Kitts and Nevis differs from other countries in several ways. Unlike in different countries, applicants are not required to take an oath. To safeguard citizenship investors, the Saint Kitts and Nevis government has enacted the escrow legislation. Saint Kitts and Nevis Passport holds more power because it gives access to 150+ countries, including the UK and the Schengen states, and it's famous for being the oldest citizenship-by-investment program. According to the CBI program Index, the St Kitts and Nevis Citizenship by Investment Program has held the second position for the last three years. However, the relatively new Vanuatu Citizenship by Investment Program follows closely behind in position.