Benefits and Requirements of St. Kitts and Nevis Citizenship by Investment

Benefits and Requirements of St. Kitts and Nevis Citizenship by Investment
  • 4 minutes
  • Sep 18, 2018

If you’re thinking about obtaining a second citizenship for you and your family, you simply can’t go wrong with St. Kitts and Nevis. Best of all, a St. Kitts citizenship provides you and your family with the benefits of Lifetime Citizenship that can be passed onto future generations.

The Dual Island Nation

Also referred to as the Federation of Saint Christopher and Nevis, Saint Kitts and Nevis is a dual-island nation nestled in the West Indies. St. Kitts, the larger of the two islands, boasts bustling urban energy. Nevis exudes a subtle nature-oriented charm, with plenty of invigorating activities for outdoor enthusiasts.

Apart from the exotic charm of this naturally pristine area of the world and many other benefits, citizenship in St. Kitts and Nevis grants you and your family access to visa-free travel in more than 140 countries worldwide.

At Bluemina, we can help you obtain a second citizenship in St. Kitts and Nevis. We’ve compiled a few points to consider before you apply for your second citizenship.
 

Benefits of St. Kitts and Nevis Citizenship

Established in 1984, the St. Kitts and Nevis economic citizenship program offers many benefits to individuals and families around the world.
 

Affordable – Saint Kitts & Nevis Citizenship by Investment program offers an affordable option to a second citizenship with the Schengen Zone.

Flexible – St. Kitts and Nevis doesn’t require physical residency from new citizens. This allows you to hold dual citizenship. There is no need to renounce your current citizenship.

Secure – Citizenship grants you the security of knowing you have access to a peaceful and politically stable country.

Tax Advantages – St. Kitts and Nevis citizens can take advantage of the country’s amazing tax code, to include no income tax on worldwide income.

Convenient – Gateway to educational opportunities for children. Additionally, there are no educational or management experience requirements.

Qualifications of the St. Kitts and Nevis Citizen by Investment

Compared to other countries in the region, St. Kitts and Nevis has very reasonable qualifications for their Citizenship by Investment program.

  • Applicants must have a current, valid passport.
  • The investor and their family must pass a criminal background check.
  • Applicants must complete a medical examination.
  • Parents and grandparents of the principal applicant or spouse may qualify as dependents if they are above 55, living with the principal applicant, and can provide financial dependency on the principal applicant.
  • Applicants are required to pay the government an approved, non-refundable investment.
  • Applicants must pay all application and governmental fees.

St Kitts and Nevis Investment Requirements

Applicants can meet the investment requirements of the St. Kitts and Nevis citizenship program in one of two ways:

Investing in the Sustainable Growth Fund (SGF) – The main applicant must make a one-time donation of USD 150,000 for a single applicant or USD 195,000 for a family of up to four. Any additional dependent of the main applicant (other than spouse) requires an additional USD 10,000 per dependent (regardless of age).

Applicants must also pay all required due diligence and processing fees.

Due diligence and background check fees:

  • USD 7,500 for the primary applicant
  • USD 4,000 for the spouse
  • USD 4,000 per dependent 16 years and older

Investing in a Government approved Real Estate Development – The applicant is required to make a minimum investment in a full unit of USD 400,000 in a government-approved real-estate project (maintained for a minimum of 5 years). Alternatively, the applicant can invest in a shared unit for USD 200,000, which can be sold after 7 years.

Applicants must also pay all required government, due diligence, and processing fees.

Due diligence and background check fees:

  • USD 7,500 for the primary applicant
  • USD 4,000 for their spouse
  • USD 4,000 per dependent 16 years and older

St. Kitts provides an ideal opportunity for those individuals looking to invest who aren’t afraid of new opportunities. This stunning nation provides more than just an initial investment for residency and citizenship. They understand that your investment will help to secure not only your future, but also the future of their nation. Investment beyond CBI is key to the local economy. As such, St. Kitts wants to provide clear and sound investment opportunities to attract individuals to their nation.

At Bluemina, we specialize in helping our clients obtain second citizenships to secure their future. In as little as three months, we can help you obtain your St. Kitts and Nevis Citizenship. Contact a member of our team to find out more about applying for your second citizenship. We look forward to helping you on your path to becoming a global citizen!