QUICK FACTS
- Two-island West Indian nation located in the Caribbean Sea, smallest sovereign state in the Americas
- Major language: English
- Area: 261 sq km
- Population: 53, 490
- GDP: USD 0.87 bln (2020)
- GDP per capita: USD 15,246 (2020)
- St Kitts and Nevis is famous as a banking and taxshelter haven
St Kitts and Nevis program is the oldest existing CBI program. The passport of this Caribbean state allows visa-free access to 156 countries, including the Schengen area, Singapore, Hong Kong, UK, Russia. There is no residency requirement.
Amount
There are two main ways of acquiring citizenship:
- Contribution to the Government Sustainable Growth Fund – USD 150,000 for a single applicant or main applicant and spouse; USD 190,000 for a family of four; USD 10,000 for each additional dependent.
OR
- Investment in pre-approved real estate of minimum USD 400,000 to be held for a t least 5 years or joint investment of two or more applicants providing each invests at least USD 200,000 in real estate worth minimum USD 400,000, to be held for at least 7 years.
Timeframe
The passport in acquired in approximately 3 months. However, there is a fast-track procedure of 2 months where a higher government fee applies.
Due diligence
Moderate due diligence.
Main benefits
- Visa-free access to 156 countries, including the Schengen zone, Singapore, Hong Kong, UK and Russia;
- No residency requirement;
- Applicable to the entire family;
- Attractive tax regime;
- Possibility of fast-track process of just two months;
- Citizenship valid for life and transferrable to the descendants.
Potential disadvantages
In the past, St Kitts and Nevis program had a notorious reputation, however its image today has significantly improved.
