St. Kitts and Nevis Citizenship by Investment
Background and Legal Framework
Established in 1984, the St. Kitts and Nevis Citizenship by Investment Program is the world’s oldest and most respected citizenship by investment initiative. The program is anchored in Part II, § 3 (5) of the Citizenship Act, 1984, and the Saint Christopher and Nevis Citizenship by Investment Regulations, 2011. These legal provisions empower the government to grant citizenship to individuals meeting the criteria set by cabinet decisions in exchange for economic contributions to the country.
Benefits of St. Kitts and Nevis Citizenship by Investment
- Lifetime Citizenship: Successful applicants and their families receive full citizenship for life, which can be passed down to future generations.
- Descent Eligibility: Citizenship can be inherited by descendants.
- Family Inclusion: The program allows for the inclusion of a spouse, children under 26, and parents aged 65 and over, with options to add dependents after initial citizenship.
- Commonwealth Privileges: Citizens benefit from certain rights and privileges within the UK and other Commonwealth countries.
- Desirable Location: The dual-island nation offers attractive real estate opportunities with good air connectivity to Europe and North America.
- Dual Citizenship: St. Kitts and Nevis permits dual citizenship.
- No Minimum Stay Requirement: There is no mandatory minimum stay to maintain citizenship.
Investment Requirements
Applicants must choose from one of the following options to qualify for citizenship:
- Sustainable Island State Contribution (SISC):
- Contribution of USD 250,000 for the main applicant and up to three dependents.
- USD 50,000 for each additional qualifying dependent over 18.
- USD 25,000 for each additional qualifying dependent under 18.
- Approved Public Benefit Project:
- Minimum non-refundable contribution of USD 250,000 to a public benefit project.
- Real Estate Acquisition:
- Minimum investment of USD 400,000 in approved real estate development.
- USD 800,000 for a single-family private dwelling.
- Real estate purchased under this option can be resold after seven years under specific conditions.
Antigua and Barbuda Citizenship by Investment
- Investment: Minimum donation of USD 250,000
- Processing time: Approximately over Six–twelve months from submission of the application to approval
- Key benefits: Enjoy the full benefits of citizenship for life, which can be passed on to future generations by descent.
St. Kitts and Nevis is a well-functioning democracy with a parliamentary system based on British models.
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Frequently Asked Questions (FAQ)
What is the St. Kitts and Nevis Citizenship by Investment Program?
The St. Kitts and Nevis Citizenship by Investment Program allows individuals and their families to obtain citizenship through substantial economic contributions to the country.
What types of investment options available for the St. Kitts and Nevis Citizenship by Investment Program?
Investment options consist of:
- Contribution (non refundable) to the Sustainable Island State Contribution (SISC) or an approved public benefit project.
- Real estate purchase from any approved development.
What are the advantages of acquiring St. Kitts and Nevis citizenship through investment?
Benefits include:
- Visa-free or visa-on-arrival access to over 150 countries.
- The right to live, work, and study anywhere in St. Kitts and Nevis.
Access to a tropical climate and stunning natural landscapes.
What is the investment requirement for the St. Kitts and Nevis Citizenship by Investment Program?
The minimum investment begins at USD 250,000 contributed to the non-refundable contribution to the state’s public treasury.
What is the timeframe for processing an application?
Application processing times for Citizenship by Investment applicants may vary. Please contact Compass Services directly for further information.
Can I include my family members in my application?
Yes, the main applicant can include their spouse and any dependent children in their citizenship application.
Are there any residence requirements in St. Kitts and Nevis.?
Though there is no mandatory residence requirement, applicants are encouraged to visit St. Kitts and Nevis.
What documentation will be required for the application process?
Documents required include:
- A valid passport
- Proof of investment
- Proof of health insurance
- Certificate of no criminal record
What is the procedure for applying to the St. Kitts and Nevis. Citizenship by Investment Program?
Required documents include:
- Other supporting documents as required.
- A valid passport.
- Proof of investment.
- Health insurance.
- A clean criminal record.