St Kitts and Nevis
Citizenship
1984
Established Year
Citizenship
Type
Between 3 to 6 Months
Processing Time
THERE ARE FOUR CBI OPTIONS AN APPLICANT CAN CHOOSE FROM TO APPLY FOR CITIZENSHIP UNDER THE ST KITTS AND NEVIS CITIZENSHIP BY INVESTMENT PROGRAMME
1. Sustainable Island State Contribution (SISC):
- The SISC replaces the previous Sustainable Growth Fund (SGF) CBI Option and investors contributing towards this option will be advancing St Kitts and Nevis into a Sustainable Island State.
- Contributions start from US$250,000 for a single applicant and increase as a spouse or dependants are added.
- For a family of two (main applicant and spouse or main applicant and one other eligible
dependant), the contribution amount increases to US$300,000 and - For a family of three or four (main applicant and up to three other eligible dependants, including spouse), the minimum contribution is US$350,000.
2. Developer’s Real Estate Investment Option:
- The minimum amount for investing in an Approved Development under the Developer’s Real Estate Option is now US$400,000.
- The property must be held for a minimum period of seven years and can be re-sold, after the date of issuance of the formal legal document issued in favour of the main applicant to be the registered owner.
- The real estate unit shall not be sold to another subsequent CBI applicant unless the registered owner successfully applies for the real estate unit to be re-designated and sold as an Approved Private Home.
- A lis of Approved Developments can be found here.
3. Purchase of an Approved Private Home:
An Approved Private Home, which can be a condominium or single-family dwelling, qualifes to be sold as a Citizenship by Investment option if a minimum investment of US$400,000 is paid to the condominium owner or US$800,000 is paid to the single-family dwelling owner, by the main applicant.
The private home must be held for a period of seven years and cannot be sold to another purchaser who wants to apply for Citizenship by Investment unless the Federal Cabinet is satisfied that substantial further investment was injected into the real estate by way of further construction, renovation or otherwise.
4. Contributing to an Approved Public Benefit Project:
A public benefit unit in an Approved Public Beneft Project will qualify for Citizenship by investment, if a minimum contribution of US$250,000 is paid to the Approved Public Benefactor by the main applicant.
This option is limited to Approved Public Benefactors who, by their projects, maximise local employment; embark upon programmes including transfer of technology and local capacity building; transfer all real estate to the State on substantial completion; and assume all fnancial risks.
A list of Approved Public Benefactors can be found here.
UPDATE ON APPLICATION PROCESS
The accelerated CBI application is no longer available. Accordingly, there are no enhanced due diligence fees for an accelerated CBI application.
The processing time of an application under all CBI Options is increased from 90 days to 120 days from the CIU’s acknowledgement of the application to approval-in-principle.
Main applicants are required to have a mandatory interview either virtually or in person at a location specifed by the Citizenship by Invesment Unit and approved by the Board of Governors. Dependants aged 16 or over may at the discretion of the CIU be required to attend an interview.
Interviews and background due diligence checks will be conducted by an independent professional frm commissioned by the Citizenship by Invesment Unit, who will also perform background due diligence checks, or the Unit itself.
ELIGIBLE DEPENDANTS
A main applicant may include the following family members as dependants in their application:
The spouse of the main applicant;
Children aged under 18;
Children aged 18 or over who are physically or mentally challenged; and
Parents of the main applicant or the spouse of the main applicant aged 65 or over, living with and fully supported by the main applicant.
Siblings and grandparents of the main applicant or their spouse are no longer eligible dependants
for the St Kitts and Nevis CBI Programme.
BANNED NATIONALITIES
The below six nationalities are ineligible to apply for the St Kitts and Nevis CBI Programme in any
circumsances.
Afghanisan
Belarus
Iran
Iraq
North Korea
Russia
Once the Citizenship by Investment application has been approved, all processes and due diligence checks are finalized and the investment is made, a Certificate of Registration will be issued to the main applicant.
The Certificate of Registration must be collected in person in St Kitts and Nevis or at an Embassy or Consulate specified by the Citizenship by Investment Unit as approved by the Board of Governors.
