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) making it the longest established Citizenship by Investment Program in the world. St.Kitts & Nevis is located in the northern section of the Eastern Caribbean Sea approximately 2,000 km Southeast from Miami (USA).In 1983 independence was gained from Britain and a twin island federation was formed; Nevis with an area of 93.2 km2 and St.Kitts with 168.4 km2. The Federation is a British Commonwealth nation with the Head of State being Queen Elizabeth II and a well functioning democracy based on Britain’s parliamentary system.
The St.Kitts & Nevis Citizenship-by-Investment Program facilitates you and your family’s ease of travel throughout the world to over 130 countries visa-free. Holding St.Kitts & Nevis citizenship also gives expansion on your business opportunities without being taxed on worldwide income.
The Program allows people to become citizens of the area by making certain types of investment, whilst retaining their citizenship elsewhere. They must have no criminal record and be in excellent health.
Dependent children under 25 and dependent parents/grandparents over 65 years of age are automatically included in an individual's application.
To qualify, applicants need to be of outstanding character with:
OPTION 1: Sugar Industry Diversification Foundation (SIDF) Contribution
High net worth individuals may choose to make a monetary contribution to the SIDF organization via one of the prescribed contribution levels:
SIDF Goverment Fees:
OPTION 2: Real Estate Investment
The property purchase must be minimum US$ 400,000 in government approved shares of a real estate development. The investment must be maintained for a minimum of 5 years. Investors may also be required to pay associated taxes and fees.
Real Estate Government Fees
The application process summarized below is based on the required process that should be followed by all applicants for the Citizenship-by-Investment Program in St.Kitts & Nevis. The procedure follows 6 basic steps, which are dependent on the successful completion of the previous step.
St Kitts & Nevis Citizenship and Investment
|Month 1||Step 1||File preparation. receipt of pre-approval letter from
government and due diligence fees are due at this stage.
|Month 2||Step 2||Citizenship file submission|
|Month 3||Step 3||Issuance of "Approved in Principle" letter by the Government's Citizenship-by-Investment Unit.|
|Step 4||Investment is made in selected option.|
|Month 4||Step 5||Naturalisation Certificate is issued|
|Step 6||Submission of passport application. Issuance of passport.|
The above timeline is an estimate based on our experience with previous clients and is provided for information purposes only. Any changes that may occur, which may or may not affect an applicant’s processing, will not be the responsibility of Garth Coates Solicitors. Governments can experience large volumes of applications, local authorities can modify required documents and/or processing delays, are some of the factors that may affect timings. For the latest up-to-date information, please contact us.
Please contact us for more information, to book an appointment, or to start the process.