Would you like to acquire citizenship of another country through an investment programme? Do you have an appetite for adventure and exploring new places? If the answers to these questions are in the affirmative, consider citizenship of St. Kitts and Nevis. It will allow you to fulfil your long-held dreams. Below you can learn about this state and the peculiarities of acquiring citizenship.
Island overview
St Kitts and Nevis are 2 neighbouring islands located in the Caribbean Sea. They are located southeast of Puerto Rico and northwest of Antigua. The capital of St Kitts and Nevis is the city of Basseterre, located on the island of St Kitts.
Both islands are members of the Caribbean Community and have the status of a constitutional monarchy, where the head of state is the King or Queen of the United Kingdom. They are known for their beautiful beaches, warm climate and the Brotherhood National Park.
The country is known for its magnificent variety of nature and temperate tropical climate. The islands offer mountains, forests, fertile valleys, beautiful beaches and breathtaking viewpoints.
The mountains on the islands create an abundance of waterfalls, creeks and streams, while the fertile valleys are used for agriculture. Major crops include sugar cane, bananas, mangoes and coconuts.
The climate of the islands is humid and tropical, with high humidity and annual temperatures around 25-30 degrees Celsius. The rainy season lasts from June to November, but the rains are usually short-lived. The winter months are drier and less hot. The country is also in a tropical hurricane zone, and can be prone to hurricanes between June and November.
The state offers a number of benefits for both tourists and residents. Some of the major benefits include the following:
- Beautiful beaches and natural attractions: The islands are known for their sandy beaches, warm seas, and diverse nature including mountains, forests, and waterfalls.
- Tourism and Hospitality: The islands offer a wide range of hotel complexes, restaurants, bars and entertainment activities for tourists.
- Economic advantages: St Kitts and Nevis has financial advantages such as low taxes and investment opportunities that attract foreign investors.
- Support for international investment: The state offers a citizenship by investment programme that allows you to obtain a passport for investment in the country’s economy.
- Favourable local environment: The islands are renowned for their safety, friendly locals and peaceful environment, making them attractive for living and recreation.
The economy of St Kitts and Nevis depends on several major industries:
- Tourism is one of the main sectors of the economy of St Kitts and Nevis. The islands attract tourists with their beautiful beaches, various resorts, sightseeing programmes and other attractions.
- The islands are also known as offshore financial centres. The country offers various financial services such as offshore bank accounts, international funds, asset management and others.
- Agriculture plays an important role in the economy of the islands. They produce sugarcane, bananas, mangoes, coconuts and other fruits and vegetables. Cattle breeding and fishing are also developed.
- St. Kitts and Nevis actively attracts foreign investment by offering citizenship investment programmes and tax incentives for investors.
Although the islands’ economy is quite diverse, it still remains vulnerable to external changes such as hurricanes, global economic instability and changes in international financial standards.
Real Estate
Saint Kitts and Nevis offers a vibrant real estate market known for its appeal to both investors and individuals seeking luxury properties in a tropical paradise.
The islands provide a range of real estate options, from upscale beachfront villas and condos to charming hillside homes with stunning views of the Caribbean Sea.
Key areas such as Christophe Harbour, Frigate Bay, and Nevis’ Pinney’s Beach are popular among buyers for their beautiful landscapes and high-end amenities.
The Citizenship by Investment (CBI) program, which requires a minimum real estate investment of $400,000, has further boosted the market by attracting international buyers looking to obtain citizenship.
This program offers significant benefits, including visa-free travel to numerous countries and potential rental income from investment properties.
The real estate market in Saint Kitts and Nevis continues to grow steadily, driven by the islands’ natural beauty, favorable tax regime, and attractive investment opportunities.
Citizenship by Investment
Saint Kitts and Nevis launched the world’s first Citizenship by Investment (CBI) program in 1984, and it remains one of the most reputable and popular programs globally.
The program offers individuals and their families a fast-track route to obtaining citizenship in exchange for making a significant economic contribution to the country.
Benefits of the Citizenship by Investment Program
Saint Kitts and Nevis’ Citizenship by Investment (CBI) program offers numerous benefits to investors and their families, making it one of the most attractive options globally.
Here are some key benefits:
- Visa-Free Travel: Saint Kitts and Nevis passport holders enjoy visa-free or visa-on-arrival access to over 150 countries, including the UK, Schengen Area, Hong Kong, and Singapore.
- No Residency Requirement: There is no requirement to reside in or visit Saint Kitts and Nevis before, during, or after the application process.
- Dual Citizenship: The program allows for dual citizenship, enabling individuals to retain their original citizenship while benefiting from Saint Kitts and Nevis citizenship.
- Favorable Tax Regime: The country offers a favorable tax environment with no personal income tax, wealth tax, inheritance tax, or capital gains tax.
- Fast Processing Time: The Accelerated Application Process (AAP) allows for expedited processing, typically within 90 days.
- Family Inclusion: Applicants can include their spouse, children, parents, and grandparents, ensuring that the entire family benefits from the program.
- Investment Options: Investors can choose between various Investment options that will suit their needs.
- Economic and Social Stability: Saint Kitts and Nevis is known for its stable political environment, well-established legal system, and high quality of life.
These benefits make the Saint Kitts and Nevis CBI program a highly attractive option for those seeking greater global mobility, financial advantages, and a peaceful, stable environment for themselves and their families. For more detailed information
You can contact us for a free consultation!
It can also be noted that in order to acquire citizenship, you need to make a relatively small investment. Making an application can be the beginning of the way to a successful life.
Conditions for acquiring citizenship for investment
After learning about all of the benefits of citizenship, you will likely want to become more familiar with the Investor Programme, which provides an opportunity to obtain a passport. The programme provides several options, giving candidates the opportunity to secure a great life for themselves. Pick the option that best suits the opportunities available. There are options such as:
- Sustainable Island State Contribution (SISC) : US$250,000 – Main applicant or a family of up to four persons being:
– A main applicant with a spouse and up to two dependants; or
– A main applicant with up to three dependants
US$25,000 – each additional Dependant under 18 years of age
US$50,000 – each additional Dependant aged 18 years of age or over - The Developer’s Real Estate Investment: minimum investment in an Approved Development remains at US$400,000 (resaleable after 7 years).
- The Private Real Estate Investment: minimum investments in Approved Private Real Estate are:
US$400,000 – for a condominium unit or share in a real estate development (resalable after 7 years).
US$800,000 – for a single-family private dwelling home (resalable after 7 years). - The Public Benefit Option: minimum investment in a unit of an Approved Public Benefit Project is $250,000. US$25,000 – main applicant*
US$15,000 – spouse of the main applicant
US$10,000 – each Dependant under 18
US$15,000 – each Dependant aged 18 years or older
For the Public Benefit Option, the main applicant is exempted from payment of the US$25,000 post approval in principle application fee.
Please note that other Governmental fees may apply.
The investor programme has no restrictions on the number of family members. Such family members can obtain citizenship together with the investor:
- Spouse;
- Children under 18 years of age;
- Children under 30 years of age who are studying at a higher education institution;
- An adult child with a disability;
- Mother and Father over 65 years of age who live with the investor and are provided by him.
All applicants will need to be of good character and undergo the Governments due diligence formalities: Investors must provide
- Police Reports – evidence of a clean criminal record
- Have no outstanding visa refusals
- Attend a virtual interview
- Various documentation, including financial documents, employment/ business documents, ID, proof of address
Features of acquiring citizenship for investment
To obtain a citizenship , you must strictly fulfil the applicable conditions. These requirements are standard, but it is useful for those who have not heard of them before to familiarize themselves with them. If you want to obtain citizenship and start travelling without a visa, re-examine the current conditions, as they may change on the date of application.
The government agency that administers the programme reviews the applications submitted by citizenship applicants. The CIU checks whether a person is trustworthy, reject the application if the candidate indicates false information in it.
The procedure for obtaining Dominica citizenship by investment includes several stages:
- Filling out an application for citizenship and collecting the necessary documents;
- Due Diligence;
- Attending a virtual interview with one of the Islands representative.
- Attracting investments in the country’s economy.
At the end of the procedure, the investor receives a certificate of naturalization, which confirms the acquisition of citizenship.
In 2024, the processing time for applications to Saint Kitts and Nevis Citizenship by Investment program is approximately 3-6 months from the submission date to the Citizenship by Investment Unit (CIU). Applicants typically spend about 2-6 weeks beforehand to gather all necessary documentation. Osher Advisors dedicated experts team will advise applicants throughout the entire process, applications can be submitted remotely without the need for travel.
There is no requirement to visit the islands. In addition, the applicant does not need to be in the State for the minimum required period.
If an investor programme is selected, it is not possible to apply for a passport yourself. Only a special agent who has a license may apply.
No, you need a visa to visit America. To stay in the USA for a long time, you need to apply for a residence permit. Europe gives citizens the right to travel freely. However, you also need a residence permit to live in the country.
Yes, the application can be rejected if significant data is missing or incorrect information is provided. Check all the information in your documents carefully.
The best option is to invest 250 thousand USD. It is much easier than obtaining citizenship by buying a property.
No, the certificate of registration, like the passport, is provided only to the applicant. There are no other options available.
The investor must be over 18 years of age and legally capable.
There is no such requirement. There is no need to pass examinations when applying for a passport.
The size of the required investment may be a barrier for some people. However, in all other respects, the programme has no major restrictions.