Citizenship by Investment

The program is one of the oldest and has since helped thousands of people secure a second passport without going through the stressful immigration route.

Citizenship by investment in St. Kitts and Nevis is available through two options. To qualify for the program, you can either make a government donation of $150,000 or invest in real estate on the island starting from $200,000.

 

Benefits

 

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Donation - Sustainable Growth Fund Option 

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The procedure in respect of an application for the obtaining of The St. Kitts and Nevis Citizenship by Economic Investment via a minimum donation to the Sustainable Growth Fund is as follows:

 

The Applicant(s) will be required to complete an application form to be forwarded to the Citizenship by Processing Unit of the Government of St. Christopher and Nevis together with the required supporting documentation.

 

The complete application form must be accompanied by the fee of US$7,500.00 representing due diligence background checks and processing fees for the main applicant and US$4,000.00 representing due diligence background checks and processing fees for each dependent of the main applicant who is over the age of sixteen (16) years;

 

 

Upon submission of the application to the Citizenship by Investment Unit of the Government of St. Kitts-Nevis, our chambers would receive a letter from the said Unit, acknowledging receipt of the said application and indicating that the said application is being processed.

 

Once the due diligence has been successfully completed, we would be informed that the application has been approved in principle and that we should furnish the said Unit with the relevant fees in respect of the grant of economic citizenship.


 

The fees payable to the Government of St. Kitts and Nevis are as follows:-

·      US$150,000.00 for Single Applicant

·      US$25,000.00 for the Spouse of the Main Applicant and

·      Additional contribution for each additional dependent, regardless of age will be US$10,000.00.

 


All Government fees (excluding the cost of background checks) and the fee for obtaining citizenship by Investment are included in the donation to the Government of St.Kitts and Nevis which is only be paid into the SIDF Account upon receipt of the approval letter.

 

An average Application for Citizenship by Investment can take approximately sixty (60) to ninety (90) days to be processed by the Citizenship by Investment Unit of the Government of St. Christopher and Nevis.  This is however dependent upon the complexity of the background check in respect of the applicant.







Real Estate Option

 

In order to qualify for Citizenship by Investment in an approved property, the following requirements are applicable:-

 

(a) the cost of the property should be at least US $400,000.00 (in the case of Real Estate Investment provided that two (2) applicants can each invest U.S$200,000.00  in the same approved property) and

(b) the property should not have been previously being used by a previous purchaser to obtain Economic Citizenship.

 

Following identification of a property for purchase by the applicant(s) an agreement for sale is entered into between the developers and the applicant(s) outlining the terms and conditions of the proposed transaction.  Upon execution of the said agreement, an initial deposit (usually 10% of the purchase price) is paid to the developer or its agent to be held in escrow pending completion.  It is a usual term of the agreement for sale that the deposit is refundable should the applicant for Citizenship be denied. 

 

Completion of the transaction will therefore take place following notification by the Citizenship by Investment Unit, that the application for Citizenship has been approved in principle.

 

The Registration fees payable to the Government of St. Kitts and Nevis are as follows:-

 

(i)           US $35,000.00 for main applicant;

(ii)          US $20,000.00 for spouse of the main applicant;

(iii)         US $10,000.00  for each dependent, regardless of age

 

The complete application form must be accompanied by the fee of US$7,500.00 representing due diligence background checks and processing fees for the main applicant and US$4,000.00 representing due diligence background checks and processing fees for each dependent of the main applicant who is over the age of sixteen (16) years.

 

 

The Applicant(s) will be required to complete an application form to be forwarded to the Citizenship by Processing Unit of the Government of St. Christopher and Nevis together with the required supporting documentation.

 

Upon submission of the application to the Citizenship by Investment Unit of the Government of St. Kitts-Nevis, our chambers would receive a letter from the said Unit, acknowledging receipt of the said application and indicating that the said application is being processed.

 

Once the due diligence has been successfully completed, we would be informed that the application has been approved in principle and that we should furnish the said Unit with evidence title to the approved property in favour of the applicant(s), together with the relevant fees in respect of the grant of economic citizenship.

 

An average Application for Citizenship by Investment can take between six (6) to eight (8) weeks to be processed by the Citizenship by Investment Unit of the Government of St. Christopher and Nevis.  This is however dependent upon the complexity of the background check in respect of the applicant.

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