The Saint Kitts & Nevis CIP is the fourth Caribbean CIP to accommodate sibling-inclusion in applications.
The Saint Kitts & Nevis Citizenship by Investment Unit recently announced a new change in their program that will allow main applicants to include siblings in their citizenship by investment applications.
The change comes at a pivotal time where demand for the St. Kitts and Nevis citizenship has seen an impressive increase, as its passport remains the most powerful within the Caribbean nations offering CIPs.
The following criteria must be met in order to qualify:
The policy will not have retroactive effects; siblings may only be included in files submitted from November 6th, 2020 forward and may not be appended to already-approved files.
Siblings will have to undergo the same background checks as main applicants and will be subject to the applicable due diligence fee scale. The additional fees required to include a sibling is set at US$40,000 under the real estate option and US$20,000 under the Sustainable Growth Fund contribution option.
Considering the different forms of family units, this new change will ensure that all family members will be accommodated in the path to securing a safe and prosperous future.
The Saint Kitts & Nevis CIP is the fourth Caribbean CIP to accommodate sibling-inclusion in applications, following the introduction of such policies in Grenada, Dominica and Saint Lucia.
While the maximum age of siblings in Saint Kitts is set at 30, it is 25 in Dominica and 18 in Saint Lucia, while Grenada appears not to have any such age restrictions. Additional differences include Grenada and Saint Lucia having no requirement for financial dependence on the main applicant, and Dominica and Grenada’s policy being open to include siblings of the spouse.
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