St. Kitts and NevisCitizenship By Investment
- Investment starts from USD 250,000
- Processing time 4-6 months
- Visa-free travel to 154 countries
- Remote application process
- Virtual Interview Required
Overview
Launched in 1984 the Saint Kitts and Nevis citizenship by investment program is the oldest in the world and it allows foreigners to attain Saint Kitts and Nevis citizenship in exchange of a contribution or qualified investment in a government-approved real estate project.
Investment Options
- A non-refundable donation – Sustainable Island State Contribution (SISC)
- Approved Public Benefit Project
- Investment in a developers’ real estate project approved by the government
- Investment in an approved private home
Family Inclusion
The main applicant can include the following individuals as dependents in the CBI application:
- The main applicant’s spouse.
- Children under the age of 18.
- Children between the ages of 18 and 25 who are enrolled full-time in a recognized secondary or tertiary educational institution and are financially supported by the main applicant.
- Children aged 18 or older with physical or mental disabilities.
- Parents the main applicant or the spouse who are 65 years or older, residing with and financially supported by the main applicant.
Eligibility Criteria
Applicants must be at least 18 years of age, exhibit good character and health, have a clean criminal record, and display a willingness to fulfill the obligatory investment. Before being considered for approval by the CBI Unit, all applicants undergo thorough screening, which is carried out by an unbiased, third-party due diligence service provider.
Russian, Belarussian, Iranian, Iraqi, Afghan, North Korean and Cuban nationals are banned from applying, regardless of where they live.
Benefits
Visa-free travel
St Kitts & Nevis passport holders enjoy visa-free or visa on arrival access (plus ETAs) to 154 jurisdictions, including the EU, UK, Russia, Hong Kong, etc.
Post Approval Investment
The qualified investment is to be made by applicants only subsequent to the conditional approval of their CBI application.
Simple Application Procedure
The application process is straightforward and can typically be accomplished within 4-6 months. There are no previous experience or language requirements.
Favorable Taxation
St Kitts & Nevis does not impose personal income tax, wealth tax, gift tax, inheritance tax, or capital gains tax on its citizens.
No Residency Requirement
Applicants can apply immediately without any specific physical residency prerequisites.
Dual Citizenship allowed
Applicants are not required to renounce their current citizenship(s). All advantages and privileges of holding citizenships in multiple countries are available.
Investment Options
The Saint Kitts and Nevis citizenship by investment Program provides four (4) investment avenues.
The Sustainable Island State Contribution (SISC)
| Main applicant or a family of up to four persons | USD 250,000 |
| Each additional minor dependent (under 18 years old) | USD 25,000 |
| Each additional adult (18 years old and over) | USD 50,000 |
Approved Public Benefit Project
| Family of up to four (4) members | USD 250,000 |
Investment in a Developers’ Real Estate Project
| Minimum Investment | USD 400,000 |
Investment in Private Real Estate
Minimum investments are:
| Minimum value of condominium unit | USD 400,000 |
| A single-family private dwelling home | USD 800,000 |
Fees Applied After Approval in Principle
| Main applicant (not for the Public Benefit option) | USD 25,000 |
| Spouse of the main applicant | USD 15,000 |
| Each minor dependent (under 18 years old) | USD 10,000 |
| Each adult dependent (18 years old and over) | USD 15,000 |
Due Diligence and Other Government Fees
| Main Applicant | USD 10,000 |
| Each dependent aged 16 years old or over | USD 7,500 |
| Application processing fee per applicant | USD 250 |
| Certificate of Registration fee per applicant | USD 50 |
Application Process
Bayat Legal Services’ compliance team will conduct an internal due diligence check, which entails a background security screening of the applicant, Preparation of KYC (Know Your Client) and a qualification assessment.
Preparation of the tailored list of documents. The client signs a retainer agreement with Bayat Group. Gathering documents required for the application.
Applicants need to meet the eligibility criteria, including financial requirements and a clean background. After collecting all required original documents and sending them to Bayat Group team, our citizenship experts will assess the file and make it ready for submission. The application will then be presented to the Government of St Kitts & Nevis through an officially authorized local agent, as mandated by regulations. The CBI Unit will review the application and conduct due diligence checks. Applicants need to go through the mandatory interview, either in person or online.
After the application has been processed and a decision has been reached, the applicant will receive a letter informing them of the outcome. If the application is approved, applicants will be required to proceed with making the qualified investment and covering the associated fees for the investment option.
Upon the successful completion of the investment, the certificates of citizenship will be issued, and passport applications will be processed and submitted on their behalf by Bayat Group.