The smallest sovereign state in the Americas, a proud member of the British Commonwealth, also offers the oldest and longest running Citizenship by Investment programme in the world. Located in the Leeward Islands of the West Indies, the Federation unites the “sister” islands of St. Kitts and Nevis - although both islands maintain a certain constitutional independence. The Federation is also known as St. Christopher and Nevis, simply another name for St. Kitts and Nevis.
These English-speaking islands remain unspoiled by international standards - but tourism, the economic mainstay of the islands, has been growing steadily and sustainably since independence in 1984 - bringing with it new hotels and resort developments. Both islands have international airports and two ferry lines connect them. The islands are still very connected with nature; it is estimated that St. Kitts and Nevis currently has a larger Vervet monkey population than humans. The official currency is Eastern Caribbean Dollar.
Where things get interesting is the St. Kitts economic citizenship program, launched in 1984, that allows you to qualify for Citizenship by Investment (and passport) in St. Kitts and Nevis. It is actually the longest-standing citizenship-by-investment initiative in the world. Furthermore, the Accelerated Application Process allows you to obtain citizenship of St. Kitts and Nevis in as little as two months.
If you have an impeccable track record, and you are the kind of freedom-loving individual who might benefit from a so-called golden passport or golden visa, read on as we look into the details of how to obtain citizenship in St. Kitts and Nevis. We’ll discuss everything from wealth tax, personal income tax, inheritance tax, and the complete lack of such taxes in St. Kitts and Nevis… right through to the economic contribution,investment plus government fee, you need to pledge in order to obtain citizenship in St. Kitts. Can you buy citizenship in St. Kitts and Nevis? You can’t buy citizenship, but you can become a citizen via the formal investment immigration process established by the government.
Can you buy St. Kitts and Nevis Citizenship?
It’s important to note that citizenship is not for sale. Rather, like many other countries, St. Kitts and Nevis offers incentives to encourage foreign investment from persons of impeccable reputation. One of these incentives is the Citizenship by Investment program, requiring an investment in the country such as the purchase of real estate or financial support of the nation’s development.
The citizenship application procedure itself is rather straightforward - you don’t even need to visit St. Kitts and Nevis, although we certainly recommend you visit your new homeland at some point. If citizenship of St. Kitts and Nevis is something that piques your interest, here are a few reasons why you should look into the programme:
Costs of St. Kitts and Nevis Citizenship by Investment Programme
Quick processing: the citizenship is approved in as little as 60 days (via Accelerated Application Process – AAP – contact us to request terms and conditions).
Zero tax: St. Kitts and Nevis imposes no income, wealth or inheritance taxes. This is not a temporary tax incentive – never in its history has St. Kitts and Nevis charged such taxes. The government has no plan to charge income, wealth or inheritance taxes.
You do not need to visit St. Kitts and Nevis in order to qualify for citizenship, although it is recommended that you make time to visit and enjoy the islands once you have your St. Kitts and Nevis passport.
All applicants are subject to a strict due diligence check. This way the quality and international recognition of the St. Kitts passport is strengthened.
St. Kitts and Nevis recognizes dual citizenship, so you can still benefit from your current citizenship.
Great visa-free travel opportunities: With the passport of St. Kitts and Nevis you can travel visa free and worry free to more than 140 countries in the world, including all European Union countries, the United Kingdom, Ireland, Caribbean and most Commonwealth nations. Citizens can often acquire long-term travel visas to the United States of America.
You can add your children, parents, and brothers and sisters to the application.
What is the cost of obtaining citizenship by investment in St. Kitts and Nevis? Please refer to the table below. The required outlay is very reasonable. It depends if you choose the Sustainable Growth Fund option, the Real Estate Option, or the Alternative Investment Option. The cost is made up of the investment amount itself, due diligence fees, and government fees. Professional fees are also payable to the agent that submits your citizenship application: please contact us for details of professional fees and to discuss in more detail which of the three investment options would suit you best.
Check in the chart above the minimum investment needed.
I. Sustainable Growth Fund
SGF DONATION AMOUNTS
SINGLE APPLICANTUS$ 150,000
SPOUSE OF MAIN APPLICANTUS$ 25,000
ADDITIONAL CONTRIBUTION FOR EACH DEPENDENT REGARDLESS OF AGEUS$ 10,000
DEPENDENT UNMARRIED CHILDLESS BROTHER OR SISTER - UNDER 30 - OF THE MAIN APPLICANTUS$ 20,000
DUE DILIGENCE FEES
UPON SUBMISSION OF AN APPLICATION,
NON-REFUNDABLE DUE DILIGENCE MUST BE ALSO PAID.
FOR THE MAIN APPLICANTUS$ 7,500
FOR EACH DEPENDENT OF THE MAIN APPLICATION WHO IS OVER THE AGE OF 16 YEARSUS$ 4,000
APPLICATION FEES OF US$ 250 PER APPLICANT ARE TO BE PAID UPON SUBMISSION.
II. Real Estate Option
SIBLINGS CAN BE ALSO ADDED
DEPENDENT UNMARRIED CHILDLESS BROTHER OR SISTER - UNDER 30 - OF THE MAIN APPLICANTUS$ 40,000
INVESTMENT AMOUNT (Family of 4 with 2 children under 16)
REAL ESTATE PURCHASEUS$ 400,000/US$200,000
DUE DILIGENCE INVESTORUS$ 7,500
DUE DILIGENCE SPOUSEUS$ 4,000
GOVERNEMENT FEES: INVESTORUS$ 35,000
GOVERNEMENT FEES: SPOUSEUS$ 20,000
GOVERNEMENT FEES: DEPENDENT (regardless of age)US$ 20,000
APPLICATION FEES OF US$ 250 PER APPLICANT ARE TO BE PAID UPON SUBMISSION. CERTIFICATE OF REGISTRATION FEE OF US$ 50 PER PPLICANT PAID UPON SUBMISSION.
III. The Alternative Investment Option
A. PUBLIC GOOD PROJECT DEVELOPER (PGPD)
THESE PROJECTS ARE FULLY FUNDED BY THE PGPD AND LOCKED IN “UP FRONT”. THE STATE OWNS THE ASSET AT THE END OF AN AGREEMENT.Minimum investment: US$ 175,000 / Unit
All government fees, due diligence fees, fees for additional qualified dependents etc remain the same as under the real estate option.
B. PRIVATE ENTERPRISE DEVELOPER (PED)
THE BUILT OR FUNDED ASSET IS PRIVATELY OWNED.Minimum investment: US$ 200,000 / Unit
All government fees, due diligence fees, fees for additional qualified dependents etc remain the same as under the real estate option.
Note that all applications for St. Kitts and Nevis Citizenship will be reviewed by Citizenship by Investment Unit (CIU), St. Kitts and Nevis Homeland Security department, and the Office of the Orime Minister prior to approval. Successful applicants will be granted lifetime citizenship, and their direct descendants (including future children or spouses) will also automatically qualify for St. Kitts and Nevis passports subject to certain minimal conditions.
St. Kitts & Nevis Economic Citizenship Investment Options
The Real Estate Investment Option has been sub-divided into three programmes:
Minimum investment of US$200,000 in an approved real estate development (resaleable after seven years)
Minimum investment of US$400,000 in an approved real estate development (resaleable after 5 years and with slightly more flexible terms)
Minimum investment of US$400,000 in any open market property (temporary option)
The minimum real estate investment applies to each main applicant. Direct family members can be added without any additional investment, making St. Kitts and Nevis one of the most family friendly Citizenship by Investment programmes in the world.
Once citizenship has been granted, the real estate purchase will be completed. In the event that your citizenship application is declined, the real estate contract will be automatically cancelled.
Real estate developments in the Federation cater to those utilizing the Citizenship by Investment programme and make every effort to ensure ownership is a hassle-free experience.
What is the cost of obtaining citizenship in St. Kitts and Nevis?
Besides the government fees and investment amounts mentioned in the chart above, professional fees for citizenship processing are required for all applications. Professional fees will vary depending on the number of dependents and application complexity.
Which of the government Approved Development real estate projects in Saint Kitts and Nevis are the best?
There are currently over 100 government approved real estate developments in St. Kitts and Nevis that potentially qualify buyers for Citizenship. However, some of these are inactive or incomplete, and clearly some are better than others. It is incumbent on the purchaser to carry out due diligence, but who has time to check out 100 projects in a country they might never have visited before? Fortunately at NTL Trust we have done much of the heavy lifting for you. We can narrow down the real estate choice to just a few of the approved developments that we feel will be most suitable for your circumstances and that offer the best value for your money.
Note: In line with the public-private partnership goals, there is no guaranteed ROI nor future value. It’s important to understand that the main return on your investment is the privilege of becoming a citizen of St. Kitts and Nevis.
Is St. Kitts and Nevis citizenship worth to be obtained?
Yes! This is the longest-standing (established in 1984) citizenship by investment initiative in the world that attracts more and more investors every year. You receive not only visa-free travel to more than 155+ countries, including all European Union countries, the United Kingdom, Ireland, Caribbean, and Commonwealth nations, but freedom.
There is no obligation to visit St. Kitts & Nevis in order to qualify for citizenship, although all applicants are subject to a strict background check. You can also add siblings to the application.
Purchase a Home in Saint Kitts and Nevis and Get Citizenship and Passport!
Great news for those looking to invest in real estate in Saint Kitts and Nevis!
The Cabinet has recently approved the sale of private homes, outside Approved Developments, under the citizenship by investment program. This allows purchasers to buy in the local market.
You can buy any house with an appraised value of more than US$ 400,000
.The property shall be owned by certificate of title, by the vendor
The value of the land shall not be included in determining the value of the home
A single-family home shall be sold as one unit and shall not be converted to apartments or condominiums or otherwise divided for sale under the Citizenship by Investment program
An apartment building or more than one apartment buildings on the same piece of island shall be sold as one unit and shall not be divided
The use of shares is prohibited
This offer is currently valid until November 1, 2022.
The Alternative Investment Option
The Alternative Investment Option (AIO) is the third and newest form of investment under the St. Kitts and Nevis Citizenship by Investment Programme. It was launched in late 2021. The aim of the AIO is to channel foreign investment from the citizenship programme into qualifying infrastructure and social projects.
Projects approved under the AIO are essentially co-investment projects between government, local business-people and foreign investors. The Government’s aim is to ensure that AIO approved projects will not only maximize local employment and bring new funds into the country’s economy, but also result in transfer of technology and capacity building to support future resilience.
Those participating in AIO projects can be proud that their investments are directly supporting concrete, sustainable and vetted projects that make a real difference to the people of St. Kitts and Nevis. They are building long term infrastructure, and improving resilience of the islands’ economies.
Additionally, this option is arguably the most flexible of the three, allowing for sophisticated investors to find creative solutions to development goals.
The bottom line… Is St. Kitts and Nevis citizenship worth having? Definitely yes!
Yes! This is the longest-standing, established in 1984, citizenship by investment initiative in the world that attracts more and more investors every year. You receive not only visa-free travel to more than 155+ countries, including all European Union countries, the United Kingdom, Ireland, Caribbean, and most Commonwealth nations, but freedom.
There is no obligation to visit St. Kitts and Nevis in order to qualify for citizenship, although all applicants are subject to a strict background check. You can also add siblings to the application.
It is our belief that successful people in the world can no longer depend on only one passport. Buying into a citizenship by investment programme is an inter-generational investment in the future security and tranquility of yourself and your family.
Don’t wait for things to get worse – contact us today and receive all citizenship benefits such as visa free travel! Remember the St. Kitts and Nevis Citizenship by Investment can help you obtain a second passport no matter are you a single applicant or applying with family members.