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Saint Kitts and Nevis Citizenship by Investment Program

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.

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