The St. Kitts and Nevis Citizenship by Investment (CBI) program provides an exceptional opportunity for high-net-worth individuals and their families to acquire citizenship in a Caribbean paradise. Established in 1984, it is one of the world’s oldest and most reputable CBI programs.
Benefits of St. Kitts and Nevis Citizenship
- Visa-free access to over 150 countries, including the UK, EU, and Canada
- Dual citizenship is permitted
- No residency obligations
- Tax-free income and no wealth tax
- Opportunity to live and work in St. Kitts and Nevis
- Lifetime citizenship, with the ability to pass it on to future generations
Eligibility Criteria
Applicants for the St. Kitts and Nevis CBI program must meet the following requirements:
- Be at least 18 years of age
- Have a clean criminal record
- Possess good character and reputation
- Meet the minimum investment criteria
- Pass a medical examination
Minimum Investment Options
Applicants can select from two investment options:
- Real Estate Investment: Invest at least $400,000 in property from an approved developer. The property must be held for a minimum of five years.
- Sugar Industry Diversification Foundation (SIDF) Contribution: Make a non-refundable contribution of $250,000 to the SIDF, which aids the development of the sugar industry in St. Kitts and Nevis.
Additional Fees and Costs
- Application fee: $7,500
- Due diligence fee: $7,500
- Passport fee: $350
- Naturalization fee: $250
- Additional costs may apply, such as legal fees and background checks
Application Process
The application process usually takes between 6 to 12 months and involves these steps:
- Select an authorized agent or attorney to assist you
- Submit your application and required documents
- Undergo a background check and due diligence process
- Receive approval in principle
- Make the necessary investment
- Obtain your certificate of naturalization
- Take the oath of allegiance and receive your passport
Conclusion
The St. Kitts and Nevis Citizenship by Investment program offers a unique chance for high-net-worth individuals and their families to gain citizenship in a picturesque Caribbean nation. With numerous benefits, including visa-free travel and tax-free income, this program is a compelling choice for those seeking to broaden their global opportunities and diversify their citizenship.
About St. Kitts and Nevis
St. Kitts and Nevis, officially known as the Federation of Saint Kitts and Nevis, is a small twin-island nation in the northeastern Caribbean. It consists of two islands: St. Kitts (68 sq mi) and Nevis (36 sq mi), with a total population of around 53,000. Basseterre, located on St. Kitts, is the capital. The official language is English, and the currency is the Eastern Caribbean dollar.
The country has a rich history, being discovered by Christopher Columbus in 1493 and later colonized by the British. St. Kitts and Nevis gained independence on September 19, 1983. Its economy is supported by tourism, agriculture, manufacturing, and financial services, with major industries including sugarcane, cotton, and molasses production. The country’s GDP per capita is approximately $28,000.
St. Kitts and Nevis is renowned for its stunning beaches, historical landmarks, and lively carnival celebrations. Popular tourist spots include Brimstone Hill Fortress, Romney Manor, and the St. Kitts Scenic Railway. The islands also offer excellent snorkeling and diving opportunities and host annual events like the St. Kitts Music Festival, St. Kitts Carnival, and the Nevis Triathlon. With its breathtaking natural beauty, rich culture, and welcoming people, St. Kitts and Nevis is a popular destination for both tourists and investors.
