SUSTAINABLE GROWTH FUND (SGF) CONTRIBUTION

Applicants may qualify for citizenship through a contribution to the Sustainable Growth Fund (SGF).

  • Single applicant: a non-refundable contribution of US$150,000 is required

  • Main applicant with up to three dependents (for example, a spouse and two children): a non-refundable contribution of US$195,000 is required

  • Additional dependents, regardless of Age: US$10,000

Upon submission of an application, non-refundable due diligence and processing fees must be also paid. These fees amount to US$7,500 for the main applicant, and US$4,000 for each dependent of the main application who is over the age of 16 years.

Hurricane Relief Fund (HRF) Investment Contribution

In an effort to alleviate the suffering of those affected during the 2017 Hurricane season, the Citizenship by Investment Unit (the Unit) hereby announces with immediate effect, the Hurricane Relief Fund (HRF) Investment Contribution.

Applicants may qualify for citizenship through a contribution to the Hurricane Relief Fund (HRF). The HRF investment will assist with Hurricane Relief efforts not only in St. Kitts and Nevis but it is envisioned that these efforts can be extended to support neighbouring countries in the Caribbean who have been affected this hurricane season.

  • Single applicant: a non-refundable contribution of US$150,000 is required

  • Main applicant with up to three dependents (for example, main applicant, a spouse and two children): a non-refundable contribution of US$150,000 is required

  • Additional dependents, regardless of Age: US$25,000

Upon submission of an application, non-refundable due diligence and processing fees must be also paid. These fees amount to US$7,500 for the main applicant, and US$4,000 for each dependent of the main application who is over the age of 16 years.

Unmarried dependent children who are older than 18 but younger than 30 can also be included in the application. Similarly, dependent parents aged 55 or above may also be included.

The HRF option will be available for a six (6) months period ending on March 30th 2018.

SUGAR INDUSTRY DIVERSIFICATION FOUNDATION (SIDF) CONTRIBUTION

Applicants may qualify for citizenship through a contribution to the Sugar Industry Diversification Foundation (SIDF). The SIDF is a public charity tasked with diversifying St Kitts and Nevis’ economy.

  • Single applicant: a non-refundable contribution of US$250,000 is required

  • Main applicant with up to three dependents (for example, a spouse and two children): a non-refundable contribution of US$300,000 is required

  • Additional dependents, regardless of Age: US$25,000

Upon submission of an application, non-refundable due diligence and processing fees must be also paid. These fees amount to US$7,500 for the main applicant, and US$4,000 for each dependent of the main application who is over the age of 16 years.

Unmarried dependent children who are older than 18 but younger than 30 can also be included in the application. Similarly, dependent parents aged 55 or above may also be included.

The SIDF option is the most straightforward means of obtaining citizenship in St Kitts and Nevis.

For further information about the SIDF, please visit www.sknsidf.org

CITIZENSHIP BY INVESTMENT - REAL ESTATE INVESTMENT

Applicants may qualify for citizenship through an investment in a pre-approved real estate project, which may include hotel shares, villas, and condominium units. The minimum real estate investment required by law is US$400,000 for each main applicant.

Upon submission of an application, non-refundable due diligence and processing fees must also be paid. These fees amount to US$7,500 for the main applicant, and US$4,000 for each dependent of the main applicant who is over the age of 16 years.

On approval in principle of an application made through a real estate investment, a Government fee applies, as follows:

  • Main applicant: US$50,047

  • Spouse of the main applicant: US$25,047

  • Dependent child of the main applicant under 18 years of age: US$25,047

  • Dependent child of the main applicant above the age of 18 years or dependent parent aged 55 and above: US$50,047

In addition to these fees, real estate buyers should be aware of purchase costs (mainly compulsory insurance fund contributions and conveyance fees).

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Johnson & Associates Law Firm  |   P. O. Box 397, Unit C17, Sands Complex, Bay Road, Basseterre, St. Kitts  |  Tel: 1 (869) 466 2018