stkitts

St Kitts and Nevis is a small, two-island nation which is part of the West Indies, situated in the Caribbean basin. St. Kitts – also known as “Saint Christopher” and Nevis – forms part of the group of islands known as the Lesser Antilles, located some 2,000 km to the southeast of Miami. The country is blessed with near-constant sunshine yet a temperate climate which makes living there enjoyable throughout the year. St Kitts and Nevis is well connected by flights from US, Europe and the Caribbean airliners.

 

St Kitts and Nevis Citizenship Program

St. Kitts’ Citizenship by Investment program was established in 1984, and is the oldest prevailing economic citizenship program in the world.

 

Benefits

The St. Kitts and Nevis passport is highly sought-after and has an excellent reputation. Only a select few passports are issued annually via the Citizenship by Investment program by the Government.

  • Visa free travel to more than 120 countries including European Schengen area, the UK, Canada and Ireland
  • The right to residency in most CARICOM (Caribbean Community) member states at any time and for any length of time
  • No prior residence requirements
  • No income or wealth tax.
  • Your citizenship is also for family members (spouse and children) and is passed down to future generations
  • Lifetime citizenship
  • No restrictions on Dual citizenship
  • Choice of Real Estate investment
  • No personal visit required
  • No personal Income Tax

 

Minimum Investment

To qualify for a St. Kitts and Nevis passport via its Citizenship-by-Investment Program, the Government requires applicants to choose one of two options.

Option 1

A nonrefundable charitable donation of the minimum amount of $250,000 to the Sugar Industry Diversification Foundation (SIDF) for single person + payment of processing fees (for accompanying family members see below).

The Sugar Industry Diversification Foundation was set up by the St. Kitts and Nevis government in 2006. Its aim is to support displaced sugar workers (as a result of sugar industry closures), and to bring new developments to the country, benefiting the people of St. Kitts and Nevis.

The SIDF program aims to raise funds for the country and stimulate its economic development. Donations or contributions to the SIDF Foundation by foreign nationals makes them eligible to apply for St. Kitts and Nevis citizenship by means of investment. The SIDF option is the fastest, easiest and cheapest way to attain second citizenship and the processing time takes 4-6 months.

 

Option 2

A recoverable real estate Investment with a value of at least $400,000, plus payment of various registration and other fees. For any accompanying family members, additional costs will apply (see below).

2ndPassports.com has their own in-house real estate specialist who works directly with many government-approved property developers in Saint Kitts and Nevis, and will provide a list of apartments, luxury villas, and condominiums available for purchase. Please contact 2ndPassports.com for details.

The real estate option is a recoverable investment, but purchased real estate cannot be re-sold until 5 years after the purchase. Selling after 5 years will also qualify the new buyer for citizenship.

2ndPassports.com will arrange meetings for perspective applicants in Dubai, London, Zurich or in St. Kitts and Nevis itself. Please contact 2ndPassports.com for prior appointments.

 

Fee and Costs

  • Minimum investment: $250,000 (SIDF) or $400,000 (Real Estate) +
  • Government Fee: $50,000 per person +
  • Due diligence fee: $7500 per person +
  • Lawyer fee: refer to fee schedule +
  • Passport fee: $350 per person

The total costs will come around $292,000 per person. Additional costs apply for dependents and family members.

Note: Please ask us for quote for exact costs as the fees and costs involved vary depending on clients case.

 

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