The St Kitts and Nevis Citizenship by Investment program, one of the most successful in the world, has just become even more attractive: for the duration of 2023, applicants choosing the Sustainable Growth Fund (SGF) investment route will enjoy a $25,000 discount. This Limited Time Offer is valid until 31 Jan 2024.
Since Dec 2022, the St Kitts and Nevis Citizenship by Investment Unit (CIU) has had a new CEO, Michael M Martin. Under his administration, the CIU has also announced that for the new year, all the development projects that are eligible for real estate investment will be reviewed.
The St Kitts and Nevis CBI offer the possibility of acquiring citizenship in exchange for an investment in the country. The investor must choose one of the three following options:
1 – Contribute to the Sustainable Growth Fund
Minimum donation – discounted prices 1 Jan to 31 Jan 2024
As the most popular and direct investment path, the revenue from the fund is used to support sustainable growth initiatives in priority areas like education, health, climate change and resilience, infrastructure, tourism and culture, and the promotion of indigenous entrepreneurship.
- Main applicant: $125,000
- Main applicant and spouse: $150,000
- Main applicant, spouse, and two dependents: $170,000
- Additional dependent under 18: $10,000 each
- Additional dependent over 18: $25,000 each
Applications submitted under the Limited Time Offer (LTO) will qualify for the Accelerated Application Process (AAP), being processed in less than 60 days at no additional cost.
Find all the details about this offer in our Ultimate Guide for St Kitts and Nevis Citizenship by Investment.
2 – Invest in Real Estate
The applicant must make a real estate investment that’s authorized by the government, which may be located either on St Kitts or on Nevis. In this category, there are two types of investment available.
Real estate shares in a pre-approved development
- Minimum investment: $200,000
The applicant must purchase shares in a real estate development pre-approved by the government, usually luxury tourist accommodation, such as resorts or condominiums. The shares can be resold after seven years.
Private homes sale
- Minimum investment: $400,000
The applicant must purchase a private single-family house valued at least $400,000. The property must have been approved by the government. It’s also possible to make a joint investment with another applicant of the citizenship by investment program – in this case, each main applicant must invest a minimum of $400,000. After the purchase, the property cannot be turned into apartments or condominiums, and can be resold after seven years, but not to another CBI applicant. This option also includes a Government Fee, starting at $25,000.
Accelerated Application Process (AAP) is available for this option, for a fee. With AAP, you will receive the approval letter for your application within 60 days.
Find all the details in our Ultimate Guide for St Kitts and Nevis Citizenship by Investment.
3 – Make a Public Benefit Investment
This option allows applicants to support a project, previously approved by the government, that benefits the population of St Kitts and Nevis, known as Approved Public Benefit Projects.
- Minimum investment: $175,000
Accelerated Application Process (AAP) is available for this option, for a fee. With AAP, you will receive the approval letter for your application within 60 days.
Find all the details in our Ultimate Guide for St Kitts and Nevis Citizenship by Investment.
Other changes
St Kitts and Nevis CIU also announced changes in the eligibility requirements for family members.
- Dependent siblings, of the main applicant or spouse, can now only be included up to the age limit of 25 years (the previous age limit was 30 years).
- Additional dependents cannot be included in the application once the approval-in-principle has been granted.
If you are interested in getting Caribbean citizenship, why not arrange a chat with our Global Citizen Solutions team of experts? With up-to-date knowledge of all the most recent changes and trends in CBI programs, we can help you acquire your St Kitts and Nevis passport in just a few months.
Why work with Global Citizen Solutions?
- Global approach by local experts. We are corporate members of the Investment Migration Council, with local expertise in all six Caribbean CBI programs.
- 100 percent approval rate. We have never had a case rejected and will offer you an initial, free-of-charge, due diligence assessment before signing any contract.
- Independent service and full transparency. We will present to you all the investment options available, and all expenses will be discussed in advance, with no hidden fees.
- An all-encompassing solution. A multidisciplinary team of immigration lawyers, investment specialists, and tax experts will take into consideration all your and your family’s mobility, tax, and lifestyle needs.
- Confidential service and secure data management. All private data is stored within a GDPR-compliant database on a secure SSL-encrypted server