111Immigration - Saint Kitts and Nevis

Saint Kitts and Nevis

The Astounding beauty of nature, clean blue skies, fresh air, white sandy beaches - all of these are just the tip of the iceberg when it comes to St. Kitts and Nevis. The small island is known as the island of a thousand treasures and the development that has happened over the years is magnificent. The island country has grown without hampering the nature and is always a perfect option to invest in and spend a calm, easy-going life.

Capital: Basseterre | Total Area: 261 sq. km. | Language: English (official) | Government Type: Federal parliamentary democracy (National Assembly) under a constitutional monarchy and Commonwealth realm | Currency: East Caribbean dollars (XCD), tied to USD

Why Saint Kitts and Nevis Citizenship by Investment?

The St. Kitts and Nevis Citizenship by Investment Program was formed in 1984 and is the oldest economic citizenship program across the globe. The CBI Unit is run with deep administrative experience and transparency, the government dedicated an official website to verify related information as the following: https://www.ciu.gov.kn/. Making it a benchmark for similar programs worldwide. With weather that is balanced by tropical temperatures, this nation has two beautiful islands. The place spots trademark clear blue waters and a thriving trade and tourism economy. The place is tactically placed to allow mobility as flights connect the place to the continents of Europe and North America. The country offers its citizens multiple advantages, tax-free worldwide income, and dual citizenship among the few. St. Kitts & Nevis’ Citizenship by Investment Program, one of the earliest of its kind in the Caribbean, offers benefits to applicants like:

A quick, 120-day or less processing.

An effortless and swift application approval period of 2 months.

No need to travel for application and physical residency requirement.

No interview, education or managerial experience required.

Worldwide income is tax-free.

Dual citizenship recognized and beneficial for investors.

Inclusion of dependent children under 30 and dependent parents or grandparents over 55.

Visa-free travel to more than 140 countries, the UK and Schengen Zone.

Children who are challenged physically or mentally and fully dependent on the main applicant can be included.

Siblings of the main applicant/spouse below 30 years old, unmarried, childless and dependent on the applicant for financial support can be included.

What are the qualifications?

Main applicant be at least 18 years old.

Applicants should not have a criminal record and pass a detailed background check.

Applicants should be of good character.

Main applicant should be able to provide proof of the source of funds.

Applicants should display good health.

Applicants should not have visa refusal.

What are investment options?

Real Estate Investment

Invest minimum of USD 400,000 for 7 years in government-approved projects will qualify applicant to initiate the process of the citizenship.

Real Estate Investment cost

To qualify for citizenship of St. Kitts and Nevis,The minimum real estate investment in an Approved Development is USD 400,000 (resaleable after seven years) for each main applicant..

And

Must contribute to the government based on the number of applicants:

Main applicant: USD 25,000
Spouse: USD 15,000
Each qualifying dependent (18 years and above) USD 15,000.
Each qualifying dependent (under 18 years old) USD 10,000.

Sustainable Island State Contribution (SISC)

THE SUSTAINABLE ISLAND STATE CONTRIBUTION (SISC) IS USED TO SUPPORT THE ECONOMIC AND SOCIAL DEVELOPMENT OF ST KITTS AND NEVIS FOLLOWING SEVEN PILLARS OF PRIORITISATION:
1. Increasing local food production.
2. Transitioning to Green Energy.
3. Diversifying the economy.
4. Attracting and supporting sustainable industries.
5. Evolving the Creative Economy.
6. Recovering from the impacts of the Covid-19 pandemic.
7. Expanding social protections and safety nets to protect the most vulnerable.

Sustainable Island State Contribution (SISC) cost

Under the Limited Time Offer, investment options are as follows:

Main applicant OR family with up to four persons:
- Main applicant with a spouse & up to two dependents, OR
Main applicant with up to three dependents. USD 250,000.
Each additional dependent under the age of 18: USD 25,000.
Each additional dependent aged 18 or above USD 50,000.

Public Benefit Option

The Public Benefit Option requires the main applicant to make a minimum investment of USD 250,000 in an Approved Public Benefit Project, which will be paid to the relevant Approved Public Benefactor.

Public Benefit Option cost

To qualify, an applicant must invest a minimum of USD 250,000 in an approved Public Benefit Project.

And

Must contribute to the government based on the number of applicants:

Main applicant: USD 25,000
Spouse: USD 15,000
Any qualified dependant under 18: USD 10,000
Any qualified dependant aged 18 or above: USD 15,000

Applicable Fees in all investment options:

Due diligence fee for the main applicant	USD 10,000
Due diligence fee for qualifying dependents aged 16 years and above	USD 7,500
Due diligence fee for financial sponsor	USD 10,000
Application forms fee per applicant	USD 250
Passport application fee per applicant	USD 350