St. Kitts and Nevis is a popular destination for tourists and investors alike. The Caribbean nation’s economy mainly depends on tourism and investment. As such, St. Kitts and Nevis offers a citizenship programme designed to attract foreign investors and entrepreneurs.
Established in 1984, the St. Kitts and Nevis Citizenship by Investment Programme is considered the oldest citizenship programme in the world. Several other countries eventually adopted similar citizenship by investment programmes, requiring investors to contribute to the country’s economic growth.
Benefits of the St. Kitts and Nevis Citizenship by Investment Programme
Acquiring citizenship in St. Kitts and Nevis benefits you and your family. The programme does not require an interview or residency in the country, and the process is quick and accelerated. Your citizenship will allow:
- Citizenship-by-descent to future generations
- Visa-free or visa-on-arrival travel to over 150 countries, including the Schengen Area, the UK, Hong Kong, Russia and Singapore
- Applications include spouse, children under 31, parents, grandparents aged 55 and over, and unmarried dependant siblings under 31 with no children
- Addition of dependants upon granting of citizenship
- Frequent flights to Europe and North America
- The country is a member of the Commonwealth, assuring citizens the privileges in the UK and other Commonwealth countries
Accelerated Application Process
The Accelerated Application Process is a unique benefit of the St. Kitts and Nevis Citizenship by Investment Programme. It is the only programme that offers a fast-track route to citizenship.
The applicant can receive citizenship as fast as sixty (60) days from application, subject to additional costs.
Who can apply?
The applicant must be at least 18 years old during application and have no criminal record. Parents can only apply if they are 55 or older, and dependants should be 30 years old or younger.
If an applicant had a rejected visa from one of St. Kitts and Nevis’s visa-free access countries, their citizenship application might also be rejected. You may only apply once your visa is approved.
What are the Investment Options?
There are currently three (3) investment methods in the country for obtaining citizenship, all requiring different amounts of investment.1. Sustainable Growth Fund Contribution
This investment option requires a non-refundable donation worth $150,000 to the country’s sustainable growth fund, also referred to as SGF. For the main applicant’s spouse, an additional contribution of $25,000 is required and $10,000 for each other dependant, regardless of age. For a family of four, the donation amounts to a total of $195,000.2. Real Estate Investment
There are two options under the real estate investment: purchase real estate for at least $200,000 and sell it after seven years. Or buy real estate for $400,000, resalable after five years.3. Alternative Investment Option (AIO)
This option will enable the Government to achieve capital investment goals by allowing investments in potential infrastructure projects. When the project is completed, it is turned over to the Government. The investor is permitted to operate the project for a reasonable amount of time to allow a return on investment before the project is turned over. There are two categories under the AIO: Public Good Project Developer (PGPD), which requires a minimum investment of $175,000 and Private Enterprise Developer (PED), which requires a minimum investment of $200,000.