St. Kitts & Nevis citizenship by investment is the world’s oldest, having been established in 1984. More than 20,000 applicants have acquired passports since then.
To buy a St Kitts passport, investors must pay a non-refundable $150,000 donation to the state fund or purchase real estate worth $200,000 or more. The real estate option is more advantageous since the investment may be repaid in 5–7 years.
Investors do not take examinations in the country’s language or history. There are also no residence requirements: applicants are not required to visit St Kitts and Nevis prior to or after receiving their passport.
The investor may include family members in the application, including his or her spouse, children, parents, and siblings. They are awarded citizenship with the investor.
Citizenship in St. Kitts and Nevis can be inherited by the investor’s offspring.
What benefits does citizenship in St. Kitts and Nevis provide?
1 Visa-free travel to the United Kingdom and Schengen nations
Citizens of St. Kitts and Nevis may travel visa-free to 157 countries across the world, including Singapore, Hong Kong, the United Kingdom, Ireland, and the Schengen nations. A passport from St. Kitts and Nevis offers more travel options than any other Caribbean passport.
2 Permanent US visa
Citizens of St. Kitts and Nevis can get a 10-year B-1/B-2 US visa. It enables the bearer to travel around the United States, visit friends and relatives, attend business meetings, and receive medical care in American facilities.
3 International trade
Citizens by investment may establish a corporation in St Kitts and Nevis. This facilitates collaboration between investors and their overseas partners. Payments, for example, can be made without regard for foreign exchange control restrictions. The beneficial owner’s information is not recorded in the commercial registry when a business is registered.
4 Tax reduction
Dividends, interest, and royalties are not taxed in St Kitts and Nevis. In the nation, there is no tax on earnings, capital gains, or inheritance.
- An investor’s expenses
St. Kitts and Nevis provide applicants with two options: make a non-refundable donation to the Sustainable Development Fund or buy real estate.
- Donation, that is non-refundable
Contributions to the Sustainable Development Fund are made by investors. The revenues of the fund are used by the government of St Kitts and Nevis to enhance health care, education, tourism, culture, and alternative energy.
The donation is non-refundable, and the investor cannot profit from the fund’s investment.
- Real estate purchase
- A part of a social or infrastructural real estate project in Saint Kitts and Nevis can be purchased for $175,000 or more by an investor.
- An investor can purchase a portion of the entire property for at least $200,000. The government must approve a real estate project in order to qualify for the citizenship programme. Shares in five-star hotels and resorts, condominiums, villas, and boat berths are among the initiatives.
The property can be sold in 7 years if purchased for $200,000, or in 5 years if purchased for more than $400,000. The investor additionally earns 2 to 5 percent each year from leasing the property.
- A villa that is not on the government’s list of authorised developments can be purchased for at least $400,000.
If an investor purchases second or third-class property, he or she must pay an extra government charge of at least $35,050.
- How to Apply?
Please follow the payment instructions provided by the government.
- Prepare the initial set of papers (police certificate, passport and birth certificate copies, CV/Resume).
- Submit the file to CIU through an authorised agency while just paying the due diligence charge and 50% of the lawyer fee.
- Wait for the letter of authorisation from the government (takes 3 months)
- Once authorised, make the final payment. You are not required to pay if you are not authorised.
- Collect your passport and citizenship certificate from the St. Kitts consulate or embassy closest to you.
-Countries with restrictions
Iranian, Afghan, North Korean, and Cuban nationals are not eligible to apply, regardless of where they live.