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St Kitts and Nevis Citizenship by Real Estate Investment Program

St Christopher (better known as St Kitts) and Nevis is a Federation made up of twin islands, separated by a short stretch of sea and connected by frequent car and passenger ferries. St Kitts is the bigger of the two islands, famous for its nightlife and great sailing and diving, while Nevis is the more laid back and relaxed of the two sisters – the ideal place for those who just want to chill, or, as the locals say, to ‘lime’. St. Kitts and Nevis is a member of the British Commonwealth and the head of state is Queen Elizabeth II.

St Kitts and Nevis Economic Citizenship program by Real Estate Investment was established in 1984, making it by far the longest running, most stable and successful program of its type in the world. Program procedures are well known, clear, and based on thirty years of practice. Tourism and financial services are the mainstays of the Federation’s economy, and, in a move to increase tourism-related development, the Citizenship-by-Investment Program allows investors in approved real-estate developments to qualify for citizenship.

Click here for more details about the Program.

Key points about real estate option to qualify for Saint Kitts And Nevis citizenship:

  • The minimum investment in the real estate is US$ 200,000.
  • Real estate shall be in a Government-approved development.
  • Acquired real estate shall not be sold within five (5 – 7) years, unless it is sold to upgrade to a similar property or one of higher value.
  • At the end of the five (5-7) year period, real estate can be sold and the new owner can also apply for citizenship of the Federation.

The Federation of St. Kitts & Nevis

  • It is located 200 miles to the south east of Puerto Rico in the West Indies
  • It is an independent Caribbean sovereign state
  • There are direct flights from the United Kingdom, the United States of America and Canada and also many island hopping flights making it very accessible.
  • It is a full member of the Organization of Eastern Caribbean States, the Caribbean Community and the British Commonwealth of Nations.
  • It is a member of the World Trade Organization and participates.

Citizenship By Investment St Kitts And Nevis Program Key Facts

  • Open to nearly all nationalities (contact us for current restrictions)
  • Citizenship is granted for life in St Kitts And Nevis
  • A St Kitts and Nevis Passport is valid for ten (10) years, and is renewable
  • Your St Kitts and Nevis citizenship is always maintained and there is no requirement for residency
  • It is not normally a requirement for applicants to travel to St Kitts and Nevis. In exceptional cases, applicants may be required to attend an interview in St Kitts and Nevis as part of the application process.
  • Any information supplied in your St Kitts and Nevis citizenship and passport application is totally confidential
  • In St Kitts and Nevis there is no tax on income, wealth tax or inheritance tax for its citizens.

St Kitts And Nevis Citizenship Program Advantages

Citizenship in St Kitts and Nevis allows passport holders to:

  • Travel without the need of a visa to over 120 countries and territories.
  • In the EU Schengen area you can stay as a tourist for up to ninety (90) days during a half year.
  • In the United Kingdom you can stay as a tourist for up to six (6) months during a calendar year.

Eligible Persons For St Kitts And Nevis Investment Citizenship

To become an investor you must:

  • be 18 years old or older
  • invest at least the minimum authorized amount
  • have a licensed and bonded local agent to represent you with your application. We at RE+C can provide this service to you.
  • be able to meet the requirements of the application

Only one application is required for the main applicant and their dependants (the entire family). No limits exist for the number of dependants that can be included on the application.

Dependants may be:

  • The main applicant’s spouse (please note that same sex marriages are not recognized in St Kitts and Nevis)
  • A child of the main applicant or spouse under eighteen (18) years of age
  • A child of the main applicant or spouse between the ages of eighteen (18) and twenty nine (29) years who attends full time a recognized higher learning institute and is fully dependant on the main applicant
  • A child of the main applicant or spouse who is at least 18 years of age but mentally or physically challenged, and who resides with and is fully dependent upon the main applicant
  • If grandparents or parents who are over the age of 58 and they are living with and fully dependent upon the main applicant then they can be included.

Applying for Citizenship In St Kitts And Nevis And Fees

I. Sustainable Growth Fund

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

The advantage of the SGF option over investing in real estate is that the investment amount is slightly lower compared to Real Estate. The major disadvantage is that the investment donation is not refundable whereas real estate can be resold in the future. To qualify for the SGF scheme, non refundable charitable donations in the following amounts will need to be made by the applicant:

  • A single applicant – US$ 150,000
  • A family of up to four (4) members – US$ 195,000
  • Each additional dependent, regardless of age – US$ 10,000

For all of the above categories Government fees are included in the amounts payable but fees for due diligence checks are not included.

II. Real Estate Acquisition For St Kitts and Nevis Citizenship

The St Kitts and Nevis government wanted to increase high quality developments that are tourism related, a program of citizenship by real estate investment was introduced. Currently there are two options to invest in real estate and the key difference is the mandatory holding period.

  • A minimum real estate value of US$ 400,000 is required, which can be sold after 5 years. An escrow account must be used for this investment and an escrow agent that is located in St Kitts and Nevis (usually a trust company or a bank) must be used. The applicant is free to negotiate terms with the developer and contracts are usually agreed subject to the successful application for citizenship which means that the full investment amount is paid after citizenship has been approved.
  • A minimum real estate value of US$200,000 is required, which can be sold after 7 years. Generally this investment presumes purchase of shares in a St Kitts and Nevis real estate development as there is no full ownership properties available at this price range.
  • Land only purchases do not usually qualify but an exception to this is the Christophe Harbour development where lots are available.
  • Once approval of the application is granted, these fees are payable to the CIU account:
    • main applicant – US$ 35,047
    • spouse of main applicant – US$ 20,047
    • any other qualifying dependant regardless of age – US$ 10,047
  • Only government approved developments can be used for real estate purchases.
  • Real estate acquired must not be resold within five (5-7) years. A loss of St Kitts and Nevis citizenship will result if this rule is broken unless the property is used to trade up for a new property of the same or higher value.
  • Once the five (5-7) year period has elapsed, the property can be sold to a new owner who can apply for St Kitts and Nevis citizenship.

Fees For Due Diligence Checks

Whether the SGF donation or real estate acquisition option is chosen, fees for due diligence checks will be due to the government and these amounts are:

  • The main applicant – US$7,500
  • The spouse of the applicant or dependent child over sixteen (16) years – US$4,000

You will be required to pay the due diligence fees to your local agent, such as RE+C. We will then pay the fees to the Government by means of a domestic cheque.

Professional Services Fees

Citizenship applications may be submitted on behalf of applicants only by the registered agents licensed to do so. Thus, applicants can not apply themselves for Federation citizenship and passport.

NTL Professional Services Fees are fixed and amount to:

  • US$ 20,000: single applicant
  • US$ 25,000: family.

The following services are included in the said fees: advising on the preparation of documents, providing original application forms, providing samples of other documents, checking that all documents are correctly completed, and submitting documents for consideration of the Government. Payment for professional services is made in two installments – 50% each.

The first payment is made on signing the initial contract. The second payment – just before submitting the final set of documents to the Government. Professional services fees may be refunded at a rate of 50% in the case of denial of citizenship, provided that all of the forms and information for carrying out due diligence are genuine.

Citizenship And St Kitts And Nevis Passport Terms

On average, the Government of St Kitts and Nevis takes around four (4) to eight (8) months to process each application and make the decision whether to grant citizenship or not. If cases are complicated they can take more time and it should be noted that there is no guarantee or law that mandates a specific timeframe. Equally, we have seen simpler cases processed faster.

The Government has the sole discretion to award citizenship or deny it. A rejection of an application can happen if due diligence checks reveal a criminal record or falsely provided information. The citizenship and passport application process does not require the applicant to travel to St Kitts and Nevis. The issuing of a power of attorney to us will mean that we can resolve any issues locally and we will take care of everything. Applicants are still encouraged to visit St Kitts and Nevis.

Issuance And Renewal Of Saint Kitts And Nevis Passport

A Certificate of Naturalization will be received by the applicant once they are approved for citizenship. A St Kitts and Nevis passport can then be applied for once this is issued just like any other citizen of St Kitts and Nevis, and RE+C’s lawyer, with a power of attorney, can arrange this process for you.

St Kitts and Nevis has been issuing biometric passports since 2012. The new passports contain an RFID chip which stores information about the passport holder – name, date of birth, sex, and e-picture. If you have had a recent name change then former names will be shown on the passport. The passport does not normally include your place of birth. Once your passport has expired, it can be renewed through one of the St Kitts and Nevis high commission offices, consulates or embassies or by courier.

NB: RE+C shall not be responsible for any information in this document as official legislation and government policy is subject to change without prior notice.

To start your journey on the St Kitts and Nevis Citizenship by investment program click here to contact us today.

Back To Economic Citizenship

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