Located in the Caribbean, St Kitts and Nevis welcomes people all over the world with its citizenship by investment program. It was established in 1984, and since then, it has been one of the most reputable CBI programs among the Caribbean Countries. To be eligible for the program, applicants are expected to make a qualifying donation to the available options.

Investment options include Sustainable Island Contribution, Public Benefit option, and government-approved real estate investment. The donation amounts are between $250,000 to $325,000 without due diligence and dependent fees.

Things to Know about St Kitts and Nevis Citizenship by Investment

The St Kitts and Nevis Citizenship by Investment Program started in 1984. As the oldest Caribbean citizenship by investment program, it offers individuals access to visa-free or visa-on-arrival access to over 150 countries through St Kitts and Nevis citizenship.

Among the investment options available, Sustainable Island State Contribution stands out as a strategic asset with a minimum investment amount of $250,000. If there are more than four dependents, an extra $25,000 is needed for each child under 18, and $50,000 for each person who is 18 or older.

Another option is the Public Benefit Option. With this path, you can gain citizenship by supporting a project that brings value to the country. You can create jobs, build real estate, or develop industries. The minimum contribution is $250,000. Here, applicants also pay additional dependent fees.

There are also real estate investment options. One of them is Private Real Estate investment. Here, applicants can buy a condominium or a share in an approved project for at least $325,000. Another choice is to purchase a single-family home for at least $600,000 with additional application fees after approval. These properties cannot be sold for 7 years if you want to keep your citizenship status. Another real estate option is to invest in an Approved Development. To be eligible for it, you must contribute $325,000. The property can be sold after 7 years.

During the investment process, there are additional dependent, due diligence, and legal fees too. Therefore, you must plan your budget considering the other expenses.

Advantages of St Kitts and Nevis Citizenship

St Kitts and Nevis Citizenship offers many opportunities for you and your family. With this CBI program, you can travel more freely as the St Kitts passport allows visa-free or visa-on-arrival access to over 150 countries, including short stays in the Schengen Area.

You can also take advantage of dual citizenship. This means that you can keep your current nationality and gain a second citizenship. At this point, you do not need to hesitate about double taxation. As a tax haven, St Kitts and Nevis does not impose taxes on personal income, wealth, or inheritance.

You can also include your spouse, children, and sometimes parents in your application. With your family, you can live in the country and have access to good schools, healthcare, and a friendly community. Moreover, the cost of living is lower than in many Western cities, with a monthly cost of $$2,800 for a family.

Additionally, the country is known for being one of the safest countries in the Caribbean. This

creates a peaceful environment and makes it a perfect place for expats, families, and retirees.

Compared to other CBI programs, the application process is quick and clear, with most approvals completed in just a few months. Plus, you do not need to live in the country before or after becoming a citizen.

The program also accepts cryptocurrency as part of your financial background. However, you cannot pay directly in crypto. Lastly, if a family member wants to help with the cost, they can sponsor you. They only need to prove their relationship with you and meet the same checks as other applicants.

Eligibility Criteria for St Kitts and Nevis Citizenship

Before applying for the St Kitts and Nevis Citizenship program, you have to ask yourself this question: “Am I eligible to submit my application for this?” If your answer is yes, then you can start your process.

To be eligible for the program, you must be at least 18 years old and make a qualifying donation from the available options. Besides, you need to undergo a comprehensive medical examination. Then comes the background checks, as the St Kitts and Nevis government wants to know your source of income. At this process, you have to show a clean criminal history. Apart from these, you must provide the necessary authentic documentation. This includes a valid passport and birth certificate.

You are also required to provide recommendation letters from financial institutions, employers, or other professional organizations, as well as character references. Note that if you have a visa denial from a country with which St Kitts has visa-free access, you may not be eligible.

As a main applicant, you can also add your family members, including your spouse, your children, and even your siblings, as long as they meet the necessary criteria. This is generally based on being financially dependent on the main applicant.

Requirements for St Kitts and Nevis Citizenship by Investment

Being aware of the eligibility requirements is not enough; you also need to know the investment requirements. Initially, you have to invest in government-approved real estate projects, which must be held for at least 7 years, or make a non-refundable contribution to the government funds.

Due diligence checks are also required during the process, as the government aims to prevent any illegal applications that may facilitate money laundering. For this, you have to undergo a face-to-face or virtual interview by showing a clean criminal record and your detailed financial sources. At this step, your dependents who are 16 or over are also required to attend this interview.

The program also needs you to gather necessary documentation. These documents include application forms, identification, birth and marriage certificates, medical reports, financial evidence, proof of investment, and character references from professional or financial institutions.