Migration, Residency & Citizenship

St. Kitts and NevisCitizenship By Investment

saint-kitts-and-nevis-citizenship-by-investment

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)

Single Applicant USD 250,000
Main applicant and spouse USD 300,000
Family up to four (4) members USD 350,000
Each additional minor dependent USD 50,000
Each additional adult dependent USD 75,000

Approved Public Benefit Project

Family of up to four (4) members USD 250,000
The Sustainable Island State Contribution (SISC) and Approved Public Benefit Project contributions are non-refundable.

Investment in a developers’ real estate project

Investment in real estate can be made by choosing from government-approved projects. This could involve acquiring a freehold property with a title deed, investing in hotel shares, opting for fractional ownership, or purchasing land. The investment amount along with government fees becomes payable upon approval of citizenship. The investment must be retained for at least seven (7) years

Minimum Investment USD 400,000

Approved Private Home

Minimum value of condominium USD 400,000
Single-family dwelling USD 800,000

Due Diligence Fees

Main ApplicantUSD 10,000
SpouseUSD 7,500
Each additional dependent over the age of 16USD 7,500

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.
To Top