To acquire the Citizenship of St. Kitts & Nevis, an applicant can either contribute/donate to the Sustainable Growth Fund (SGF) or Purchase a real estate from the list of Government Approved projects.
Sustainable Growth Fund (SGF)
The Government of St. Kitts and Nevis has announced a new second citizenship investment fund – the Sustainable Growth Fund – as a successor to the Hurricane Relief Fund.
The new Sustainable Growth Fund will require a contribution of US$150,000, inclusive of government fees for a single applicant. Investment for a spouse will be US$25,000 and each dependent irrespective of age will be US$10,000. Due diligence fees remain unchanged.
Contribution amounts calculation:
Single Applicant: US$150,000
Main Applicant + Spouse: $150,000 + $25,000 = $175,000
Main Applicant + Spouse + 2 dependents:
$150,000 + $25,000 + $10,000 + $10,000= $195,000
Every additional dependent: $10,000
DUE DILIGENCE FEES (required for both Real Estate and Government Fund options)
- Main Applicant: US$ 7,500.
- Spouse: US$ 4,000.
- Dependant aged 16 years and above: US$ 4,000.
- Passport issue Fee: US$400 per Person
- Legal fees: Varies on every application. To be discussed.
Agreement and Application Requirements
Upon initial fees payment, Carib International shall provide the client with the relevant forms and guidance on the gathering of the required documentations. An agreement between the Client and our firm is to be signed accordingly.
Carib International must receive the forms and all the requisite documentations along with the signed Agreement. The client is requested to wire the required payment to the designated Escrow Account in order to proceed with the processing of the application.
Approval of Application and Payment
The client will be notified as soon as his application has been approved by the Government of St. Kitts and Nevis. The client is then requested to wire the contribution amount to the designated SGF Escrow Account of the Government.
Issuance of Certificate of Registration and Passport
Once the application is granted approval and payment is completed, the Certificate of Registration is applied and issued. The Passport is then processed expeditiously and is issued after 4 to 5 working days. The original Certificates of Registration and Passports will be handed to the client upon receipt thereof.
The citizenship program of St. Kitts and Nevis requires making an economic contribution to the country. In exchange, the applicants and their families are granted full citizenship.
The minimum Property investment required on the basis of an investment in Property is US$200,000 for each main applicant. Two or more applicants may apply for citizenship by investment together by purchasing one piece of Property, provided that each main applicant contributes the minimum investment of US$200,000 towards the investment.
In addition to the real estate investment, the following Government Fees are payable:
- Single Applicant: US$ 35,000.
- Main Applicant + Spouse: US$20,000.
- Qualified Dependant: US$ 10,000 each.
Property that has been purchased that qualifies an applicant for citizenship under the Citizenship by Investment programme shall not be resold for a period of at least seven (7) years after the granting of citizenship.
An application for citizenship by investment shall be considered only after an Approved Project in respect of construction of Property has commenced.
The due diligence background check takes 90 days only.
St. Kitts & Nevis Citizenship by Investment Unit Circulars.