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St Kitts and Nevis Citizenship By Investment
The Federation of St Kitts and Nevis is a twin-island country famed for its dormant and extinct volcanoes, its stretches of golden beaches, and its captivating history. It was named by Christopher Columbus in the late 15th century, and it has been the home of national leaders such as Vice-Admiral Horatio Nelson and Alexander Hamilton.
The St Kitts and Nevis Citizenship By Investment programme, started in 1984, was the world’s first. As such, the country has had years to perfect its programme, which today stands as the oldest, most trusted, and most successful programme of its kind.
How to Apply for St Kitts and Nevis Citizenship By Investment
Under the St Kitts and Nevis Citizenship by Investment Programme, applicants must show that they are at least 18 years of age, of good character with no criminal record, and in good health. They must then make an investment either in the nation’s Sugar Industry Diversification Foundation, or in pre-approved real estate. Applicants may apply with their spouse and dependent children, and, in some cases, dependent elderly parents.
The process of applying for citizenship is rigorous and requires diligent preparation in order to gather all the information needed. Application timelines can vary and be difficult to predict, although they usually depend on how easily an applicant can access the required documentation, as well as the complexity of the application as a whole. We generally advise clients that it will take between 3 to 6 months to obtain citizenship after the client is onboarded with CS Global Partners.
The process can be simplified into a few steps:
Step 1: Application preparation and pre-approval by CS Global Partners.
Step 2: Submission of citizenship application.
Step 3: Government processing of the application and due diligence checks, taking about 3 months for completion.
Step 4: Approval in principle.
Step 5: Investment in real estate or donation to the SIDF.
Step 6: Citizenship certificate issued.
Step 7: Passport application and issuance.
Accelerated Application Process
The Accelerated Application Process (AAP) approved by the Government of St. Kitts and Nevis in October 2016 allows applications with the Citizenship by Investment Programme to be accelerated to a 60 day processing period.
AAP Process Fees (inclusive of Due Diligence Fees):
- Main Applicant: US$25,000
- Dependant above 16 years: US$20,000
- Processing of St Kitts and Nevis passports for dependant under 16 years old: US$500
There are three investment routes available to individuals wishing to qualify for citizenship under the St Kitts and Nevis Programme. The first route involves a contribution to the country’s Sugar Industry Diversification Foundation (SIDF), while the second route involves an investment in pre-designated real estate.
1. Contribution to the Hurricane Relief Fund (Available until March 30th 2018)
The Citizenship by Investment Unit has launched the Hurricane Relief Fund (HRF) Investment Contribution to assist the Government with repairs to public infrastructure and private property damaged during the 2017 Hurricane season. The HRF option will be available until March 30th 2018.
- US$25,000 per additional qualifying dependant
- USD150,000 for main applicant and up to three dependants
Upon submission of an application, non-refundable due diligence and processing fees must also be paid. These fees amount to USD7,500 for the main applicant, and USD4,000 for each dependant of the main Applicant aged 16 or over. Unmarried dependent children who are older than 18 but younger than 30 can also be included in the application. Similarly, dependent parents aged 55 or above may also be included.
2. The Sugar Industry Diversification Foundation (SIDF)
The SIDF is a charitable organisation that was established in 2006. Its primary purpose is to assist the nation’s economy in transitioning from one focused on the growing of sugar, to one that is diversified. Some of the SIDF’s projects include rebuilding infrastructure, promoting clean energy sources, supporting new businesses, and developing housing structures.
|Required Contribution||250,000||300,000 for main applicant and up to three dependants||325,000 for main applicant and up to four dependants |
plus 25,000 per additional dependant
|Due Diligence||7,500||7,500 plus 4,000 for dependants aged 16 and over||7,500 plus 4,000 for dependants aged 16 and over|
* Other fees payable include legal fees and passport fees. Fees are subject to change.
3. Real Estate
In order to qualify for citizenship under the real estate option, an individual must invest in Government-designated real estate. Designated real estate includes approved residential properties on either island, such as luxury villas and condominium units. With this option, investors thus have the additional benefit of owning a second home or holiday property, and possibly receiving a return on their investment. Real estate may only be re-sold after five years.
|Minimum Required Investment||400,000||400,000||400,000|
|Due Diligence||7,500||7,500 plus 4,000 per dependant aged 16 and over||7,500 plus 4,000 per dependant aged 16 and over|
|Government Fees||50,000||50,000 plus 25,000* per dependant||50,000 plus 25,000* per dependant|
*An additional government fee of USD 50,000 is applicable where a dependent aged between 18-30 or aged 55 and over is included in an application, except when that dependant is the main applicant’s spouse. Other fees payable include legal fees, passport fees, and property purchase fees where applicable. Fees are subject to change.
Citizens of St Kitts and Nevis can take advantage of a range of benefits, including:
The benefits of St Kitts and Nevis’ Citizenship by Investment Programme include:
How we can help
CS Global Partners has been officially authorised by the Government of St Kitts and Nevis to promote its Citizenship by Investment Programme across the globe.
We understand that applying for an alternative citizenship can be a complex and daunting process. This is why we make the application process as easy for our clients as possible.
We offer the following standard services:
- A dedicated relationship manager as your single point of contact throughout your application.
- Professional guidance on the application procedure and support throughout the process.
- Documentation preparation and validation.
- Representation on your behalf before the Government.
- Management and resolution of any legal queries related to the application.
Additional services available on request for clients wishing to utilise our partner network to support their application, including the following:
- Concierge services
- Property investment and advice
- Notary Public services
- Relocation assistance
- Translation services
- Tax planning
- Medical services
- Trust planning
- Banking services
- Fiduciary services
St Kitts and Nevis’ Citizenship by Investment Programme came into being following the adoption of the Saint Christopher and Nevis Citizenship Act, 1984 (Act No. 1 of 1984). The Regulations currently in force were introduced in 2011 pursuant to section 15 of the Citizenship Act, Cap 1.01, and are known as the Saint Christopher and Nevis Citizenship by Investment Regulations, No. 52 of 2011. The Citizenship by Investment Unit (CIU), which processes all application under the Programme, draws its authority from these Regulations.
Why choose St Kitts & Nevis?
St Kitts and Nevis is located in the northern Leeward Islands of the Caribbean and is blessed with a tropical climate, miles of unspoilt coastline and a flourishing trade and tourism economy. As one of the longest-established programs of its kind, the St Kitts and Nevis Citizenship by Investment Programme offers applicants a host of unique financial and lifestyle benefits.
The Federation was formed in 1983, and it is a member of the Commonwealth of Nations. It is a parliamentary democracy with the Queen as its Head of State. The population of the twin islands is estimated at 54,000, with an impressive literacy rate of 98%. English is spoken extensively, and it is the country’s sole official language.
St Kitts and Nevis is located at the meeting point between the Atlantic Ocean and the Caribbean Sea, and forms part of the group of islands known as the Lesser Antilles. The Federation comprises of two islands: Nevis, with an area of some 93.2 km2, and St. Kitts, with around 168.4 km2. The two islands are separated by a 3 km-wide channel called The Narrows. The country’s coastlines are often said to resemble a baseball bat and ball.
St Kitts and Nevis are but the summits of a submerged mountain ridge, with Nevis being comprised almost entirely of a dormant volcano, known as Nevis Peak, and St Kitts boasting the nation’s tallest volcano, Mt Liamuiga.
The country benefits from a tropical climate softened by gentle sea breezes. Average temperatures range between the low 20s Celsius in the cold season and the low 30s Celsius in the warm season, making the islands a true tropical paradise.
Getting to St Kitts and Nevis
Located only 2,000 km southeast of Miami, St Kitts and Nevis is easy to travel to. There are direct flights from the United States, Canada, and the United Kingdom – with British Airways recently increasing its weekly flights to Basseterre. There are also numerous regional flights to St Kitts and Nevis coming from the entire Caribbean region.
The chief airport in St Kitts is the Robert L. Bradshaw International Airport (airport code: SKB), whilst the main airport in Nevis is the Vance W. Amory International Airport (airport code: NEV). Both airports can accommodate large planes, but commercial jumbo jets only fly into the Robert L. Bradshaw International Airport. The two airports are well equipped to welcome cargo jets, private jets, regional commuter flights, and much more.
St Kitts and Nevis depends heavily on tourism, an industry that replaced sugar production as the nation’s chief driver of GDP in 2005, when the sugar industry was closed. In 2006, the Government established the Sugar Industry Diversification Foundation with the goal of diversifying the agricultural sector and of stimulating other areas of the economy, such as the manufacturing of goods for export and the offshore financial services industry.
The Government of St Kitts and Nevis is renowned for its business-friendly policies, and offers substantial tax breaks to businesspersons and entrepreneurs choosing to invest in their nation. St Kitts and Nevis has introduced strong legislation for the registration of companies, foundations, and trusts, as well as international insurance and trust service providers.