Acquisition of St. Kitts and Nevis citizenship by the purchase of the real estate
Real estate project invesment: 400 000 USD
Application state fees: 57 750 USD
Length of the process: 4 - 6 months
Visa-free travel: 136 countries
St. Kitts and Nevis government offers a citizenship by investment program through a Citizenship Act established in 1984, making it the oldest double citizenship program in the world. First, the only option for obtaining double citizenship through St. Kitts and Nevis Citizenship by Investment program was to invest in previously approved real estate project. Only later, in 2006, a possibility to make a charitable contribution to a Sugar Industry Diversification Foundation occurred.
Major requirementsIn order for an investor to become a citizen of St. Kitts and Nevis, he or she needs to make a minimum of 400 000 USD investment in a pre-approved real estate project, which can be re-sold after a minimum period of 5 years. After this period, the particular property is eligible to be used in a new Citizenship by Investment program application.
Other requirements and feesIn addition to the main investment, an investor needs to take into account additional fees:
Government fee – 57 500 USD for the investor, 29 000 USD per each dependant;Application and processing fee – 250 USD per applicant;In addition to the main investment and fees payable, the potential citizen of St. Kitts and Nevis needs to conform to several other requirements:
Passing background check – no criminal record;Passing health check – no HIV/AIDS or other contagious diseases;Having high personal net worth.
