A: Yes, the program was set up in 1984 by the Citizenship Act part 2, section 3 of the Constitution.
One of the investment options is approved real estate projects. These government-designated real estate projects provide investment opportunities in upscale hotel shares, villas, and condominiums.
Under the new regulations, you must invest a minimum of US$325,000 in an Approved Development property, with a 7-year holding rule and one resale chance.
Alternatively, you can invest in Approved Private Homes: US$325,000 for condos or US$600,000 for single-family homes. The 7-year holding rule applies, and joint investments for single homes are not allowed.
If you want to sell an Approved Private Home to another CBI candidate, additional investment is needed to enhance the property value.
In addition to the investment, the following processing and due diligence fees are required by the government of Saint Kitts and Nevis:
Government Fees:
Due Diligence Fees:
Please note that the applicant is also required to pay legal fees for the purchase, registration, and tax on the property.
This option provides an easy exit strategy. The real estate can be resold 7 years after purchase, and the subsequent property buyer can apply for citizenship, provided they meet all the requirements.
Sustainable Island State Contribution (SISC) is the new fund replacing the old Sustainable Growth Fund (SGF) that has been created to advance sustainable sectors such as local food production, green energy, creative economy, recovering from the Covid-19 pandemic, and expanding social protection and safety nets to protect the most vulnerable citizens.
The purpose is to benefit every citizen and resident of St. Kitts and Nevis through its affiliated programs.
The SISC requires a non-refundable contribution that meets the following financial criteria:
As per Citizenship by Substantial Investment (CSI) Regulation 3, eligible dependents are:
Changes:
Spouse definition unchanged.
Due Diligence Fees:
In addition to the financial requirements, there are several other qualifications and conditions that must be met in order to apply:
NB: *There are several countries whose citizens are presently restricted from applying to Saint Kitts and Nevis citizenship program. These include citizens of Iran, Afghanistan, North Korea, Belarus, Cuba, and Russia.
The first step of the application process for Saint Kitts and Nevis Citizenship is completing application forms C1, C2, C3, and C4. Each person applying must purchase one set of application forms from the government. Each set of forms costs US$250.00. We can provide you with these forms once you are ready to start the application procedure.
Next, you must send us the original, completed forms along with their required supporting documents for compliance verification. The application fees associated with the program can be paid prior to starting the application process.
A recent update has been made to the application process for investors seeking citizenship through investment. Now, a mandatory interview is required as part of this process (for the main applicant and dependents aged 16+). This interview can be conducted either virtually or in person at a location approved by the Board of Governors.
Note: All government fees associated with the SISC options must be wired directly to the Government Escrow account via one of the banks listed on form C4. A copy of the wire receipts should then be emailed to High Net Worth Immigration (HNWI).
Upon your application getting approved, there is a $361* passport fee for each new Saint Kitts and Nevis passport that is issued.
The Citizenship-by-Investment Unit (CIU) is the Government Authority that handles all matters concerning Citizenship by Investment in the Federation of Saint Kitts and Nevis.
Applications for citizenship cannot be directly submitted to the Citizenship-by-Investment Unit; they can only be handled by an authorized local service provider or local lawyers.
The Real Estate Investment option requires an additional set of documents:
* A legal translation must accompany any documents not in English.
Most documents can be certified as true copies from the embassy/consulate of the issuing country, or by a Notary Public. All reference letters should be on letterhead and stamped. All stamps should be in English or translated into English.
Vicky Katsarova, CEO
“My world travels and my own immigration experiences have given me a deep understanding and clear insight into each of our clients’ specific requirements, aspirations and concerns. It is this intense personal association with client expectations and needs that helps to set our company and our service apart.”
