ST. KITTS & NEVIS
Citizenship by Investment
With its breathtaking natural beauty, warm skies and white sandy beaches, St. Kitts & Nevis is one of the most stunning spots in the Caribbean. With the country’s CIP program, investors have the opportunity to wake up there every morning in as little as a few months.
WHY CHOOSE ST. KITTS & NEVIS?
This beautiful two-island nation is blessed with tropical temperatures, clear blue waters and a bustling trade and tourism economy. It is well-connected by direct flights to and from Europe and the U.S., and offers residents and citizens sought-after advantages, such as dual citizenship and tax-free worldwide income. As one of the longest-established programs of its kind, the St. Kitts & Nevis Citizenship by Investment Program offers applicants a host of unique benefits:
- Fast processing within four months.
- Accelerated Application Process – approval within 60 days;
- Inclusion of dependent children under 30 and dependent parents or grandparents over 55.
- No physical residency requirements.
- No requirement to travel to St. Kitts & Nevis during the application process.
- No interview, education or managerial experience required.
- Visa-free travel to more than 135 countries, including Schengen member states, the U.K., Hong Kong, Singapore and more.
- No tax on worldwide income.
- St. Kitts & Nevis recognizes dual citizenship, so investors can still benefit from their current passports.
Qualifications
The St. Kitts & Nevis (St. Christopher & Nevis) Citizenship by Investment Program was established in 1984 under the regulations of the 1984 Citizenship Act, Part II, Section 3 (5), which makes it the oldest citizenship by investment program in the world.
To qualify for citizenship in St. Kitts & Nevis, applicants must fulfill one of the investment requirements below in addition to the following criteria:
- Be of outstanding character.
- Hold no criminal record.
- Have excellent health.
- Have a high personal net worth.
INVESTMENT OPTIONS
1. Sustainable Growth Fund
In April 2018, Saint Kitts & Nevis launched a new permanent investment fund to replace the temporary Hurricane Relief Fund set up to address the devastation caused by the 2017 hurricanes in the Caribbean. The new Sustainable Growth Fund is open for donations with the following thresholds:
- US$150,000: Single applicant.
- US$25,000: Spouse.
- US$10,000: Per additional dependent.
In addition, the due diligence fees are as follows:
- US$7,500: Due diligence of main applicant.
- US$4,000: Due diligence for dependent over 16.
- US$4,000: Due diligence for financial sponsor.
2. Real Estate Investments
A. Five-year hold period
Applicants may purchase government-approved property valued at a minimum of US$400,000, or purchase shares valued at the same minimum amount in a real estate development. The investment must be maintained for a minimum of five years.
B. Seven-year hold period
Applicants can make an investment of US$200,000 in a government-approved luxury resort. The investment must be maintained for a minimum of seven years.
In both cases, investors are required to pay additional applicable taxes and fees.
Arton handpicks prestigious projects to meet our clients’ expectations. Please contact us for available options.
FAQ 1: How long is a St. Kitts & Nevis passport valid?
For persons above 16 years of age it will be valid for 10 years. For children under 16 it is valid for five years.
FAQ 2: How long does the process of closing the property take?
Closing takes place when approval in principle is granted and the certificate of citizenship/passport is issued. This should take no longer than three to four months, but we estimate up to six months. At that time we issue a Certificate of Title for the property. The Certificate of Occupancy will be granted when the keys are handed over.
FAQ 3: Can an application be lodged with missing documents, such as a police clearance certificate, which would be provided to the St. Kitts & Nevis authorities afterwards?
No. The document checklist is what is required for an application to be deemed complete and therefore accepted by the St. Kitts & Nevis authorities.
NEXT STEPS:
ARTON INDEX SCORE
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Updated yearly, the Arton Index is an overall assessment and comparative benchmark of the country and its investment program.
52,329
Population Growth: 0.75%
25,500 USD
GDP (per capita)
GDP (purchasing power parity)
1.427 billion USD
142
Visa free countries
LOCATION
Caribbean, islands in the Caribbean Sea, about one-third of the way from Puerto Rico to Trinidad and Tobago
CAPITAL
Basseterre
DIFFERENCE
UTC-4
TOTAL AREA
261 sq. km.
AGE DEMOGRAPHICS
0-14: 20.61%, 15-24: 14.82%, 25-54: 44.85%, 55-64: 11.38%, 65+: 8.34%
LANGUAGE
English (official)
RELIGIONS
Anglican, Other Protestant, Roman Catholic
GOVERNMENT TYPE
Federal parliamentary democracy (National Assembly) under a constitutional monarchy and Commonwealth realm
CURRENCY
East Caribbean dollars (XCD), tied to USD
EXCHANGE RATE
1 USD = 2.7 XCD
