St. Kitts and Nevis – Citizenship-By-Investment Program

The St. Kitts and Nevis Citizenship-By-Investment Program was officially re launched in 2006, the Sugar Industry Diversification Foundation was launched along with the Program. Since the relaunch of the Program it has become one of the most successful and reputable Programs of its kind.

St. Kitts and Nevis is regarded as a highly exclusive Caribbean destination and has a combination of various influences from different cultures. The main economic drivers on the islands are tourism, financial services and real estate.

St. Kitts and Nevis is an existing member of the Commonwealth and the passport allows visa-free access to around 152 destinations including Europe and the UK.

St. Kitts and Nevis – Citizenship-By-Investment Program

St. Kitts and Nevis is an existing member of the Commonwealth and the passport allows visa-free access to around 152 destinations including Europe and the UK.

Eligibility Criteria

Main applicants must be over the age of 18
Applicants must complete stringent due diligence checks prior to submission
All applicants must have clean personal backgrounds and no criminal records
Applications will be denied should applicants have been denied entry into a Country with which St. Kitts and Nevis share visa-free access, specifically if entry had not subsequently been granted
Applicants must not be regarded as a potential security risk, a reputational risk or subject to criminal investigation

Dependants

Spouse of the main applicant
Children of the main applicant up to the age of 30 who are full time students and financially dependent on the main applicant
Parents and grandparents of the main applicant over the age of 55 as long as they are financially dependent on the main applicant

Process and Timeframe

immVest International will strive to ensure that the best option is arrived at prior to engaging. We will then perform an initial due diligence both internally and with our Country specific Delivery Office. Our Client Agreement will then be signed, and relevant Professional Fees will then be payable. Our immVest International Processing office together with our Country specific Delivery Office will begin full preparation on the application prior to submission and visitation (if required).

Step 1: 5 days

Applicants complete and pass initial internal due diligence

Applicants will then sign immVest International Client Agreement and pay Professional fee

immVest will then prepare and issue Citizenship application documentation

Step 2: 1-3 days (dependent on preparation)

Prepare all required Government and application documentation with immVest International

Applicant will then finalize required investment option (ie. real estate purchase)

If purchasing real estate in order to meet required investment the reservation agreement will need to be signed and the required deposit will need to be paid towards the selected real estate

Step 3: 1 week

immVest International will now ensure all required documentation is in place in line with the
requirements prior to submission

The Government Due Diligence and Passport fees will also now be payable prior to submission

Step 4: 1 week

Once all documents and fees are in place immVest International will then submit the application to the St. Kitts and Nevis Citizenship by Investment Unit

When applying through real estate the submitted application must include the original sale and purchase agreement as well as proof of the agreed Escrow amount

Step 5: 4 months

The St.Kitts and Nevis Citizenship by Investment Unit will now conduct due diligence on the application and the applicants, they will then revert with a decision (Approved, Delayed for cause, Denied)

Step 6: 1 week

Once approved applicants must now complete the required investment, either the payment/contribution the SIDF or SGF or in the case of real estate complete the payment to the developer and transfer the Government fees in line with the number of applicants and property purchase

Step 7: 4 weeks

Applicants will now receive registration documentation, Citizenship Certificates and Passports

Investment Required

Applicants must select one of the following four available investment options

A non-refundable contribution to the Sustainable Growth Fund (SGF) of an amount starting from USD 150,000 for a single applicant
A non-refundable contribution to the SIDF of an amount starting from USD 250,000 for a single applicant
The purchase of real estate with a minimum value of USD 200,000 from an approved real estate development. The real estate cannot be resold within a seven-year period.
The purchase of real estate with a minimum value of USD 400,000 from an approved real estate development. The real estate cannot be resold within a five-year period.

When applicants choose the Government approved real estate as the required investment this would be attached to additional fees. The Additional fees would be an additional Government fee of USD 35,000 form the main applicant, and additional USD 20,000 for the spouse and an additional USD 10,000 for any other dependents regardless of their age.

Benefits

Main applicant and dependents would be granted full Citizenship and Passports
The St. Kitts and Nevis Passport allows visa-free access to 152 Countries
Citizenship can be passed down to future generations
A sound asset-based investment option in a thriving tourist destination

Fees

The following apply to due diligence fees

USD 7,500 for the Main Applicant
USD 4,000 per dependent who has attained the age of sixteen

Let's Connect

Our team of experts is available to discuss any queries you may have and guide you through this process. Get in touch with us to set up a meeting at your convenience.