St. Kitts & Nevis Citizenship By Investment Program Overview

St. Kitts & Nevis Citizenship By Investment Summary

The two-island Caribbean nation of St. Kitts and Nevis boasts the world’s longest running citizenship by investment program, since 1984. It’s considered a top destination for its business opportunities, freedom of travel, quality of life and tax purposes. Investing in the Commonwealth islands can achieve a second passport and visa-free travel to 151 countries and territories, including the European Union.

As of July 2023, the St. Kitts & Nevis citizenship by investment program offers two options for investors; the first is investment in real estate and second is a contribution to the country’s Sustainable Island State Contribution (SISC).

For the real estate option, the minimum investment to qualify for citizenship is set at $400,000 for condominiums or $800,000 for single-family dwellings. 
 

As per government regulations issued in early 2023, investors have to hold their real estate property for a period of at least seven years after gaining citizenship before they can sell them.

The second option gives applicants a quick route to citizenship in exchange for a contribution of at least $250,000 to St. Kitts and Nevis’ Sustainable Island State Contribution for one main applicant. For a family of two, the contribution increases to $300,000, and further increases to $350,000 for a family of four.

How to Apply for St Kitts and Nevis Citizenship by Investment

Investors must apply through authorized agents listed on the government website.

Citizenship can be achieved in about 3 months, or 2 months in the accelerated application route with an additional premium due diligence fee of $20,000, and investors do not have to reside in or maintain residence in the country. Investors are not taxed on wealth, inheritance, foreign income or capital gains. Dependents under 30 and elderly parents/grandparents over 55 are included. Citizens of the islands can hold dual lifetime citizenship, and their citizenship is not reported to other countries.

Applicants on the accelerated route (2 months) will be obliged to pay a post approval fee, which is due after CBI applications are approved in principal by the Citizenship by Investment Unit (CIU), amounting to $35,000 for the main applicant, $25,000 for spouse, $15,000 for each dependent under 18 and $25,000 for each dependent over the age of 18.

As of July 2023, all applicants will have to go through a personal interview in person or virtually, in a location to be designated by St. Kitts’ Citizenship by Investment

Unit.

For the non-accelerated route, the standard fees apply, which are set at $7,500 for main applicant and $4000 for each dependent thereafter. While the post approval fee for applicants on this route are $25,000 for the main applicant, $15,000 for spouse, $10,000 for each dependent under 18, $15,000 for each dependent over the age of 18, and $30,000 for any dependent added after the approval-in-principle by the CIU.

 

Mobility

Visa-free travel to 151 countries and territories including the EU.

Country

With sun and sandy beaches, this two-island tropical destination located in the Eastern Caribbean has a thriving trade and tourism economy. The islands, a democracy based on the British parliamentary system, is politically and economically stable with a high standard of living.

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