Life In St. Kitts & Nevis – St Kitts Citizenship by Investment Program.
The St. Kitts & Nevis Citizenship by Investment Program is one of the oldest of its kind in the world. Established in 1984 the program grants citizenship through donation or real estate investment to qualified applicants.
The government requires investment of either $250,000 as a donation to the SIDF or investment of $400,000 in real estate plus related government and due diligence fees.
In September 2017 the St. Kitts government launched a new but temporary offering whereby investors can contribute $150,000 to a new hurricane relief fund to qualify for full family citizenship. This option will expire in March 2018.
Saint Kitts and Nevis has no tax on overseas income or capital and a second citizenship may complement existing tax planning and wealth protection strategies.
Citizens of St. Kitts & Nevis enjoy visa free travel to over 139 countries including the EU Schengen visa zone, the UK, Ireland and Switzerland.
- Investment of $400,000 in real estate (or $250,000 SIDF or $150,000 hurricane donation)
- Government, Professional and Due Diligence fees apply
- Citizenship and second passport
- Visa free travel to EU Schengen and UK
- Right to reside on the island
- Tax free
- Dependent children up to the age of 30 years old can be included
- Dependent parents from the age of 55 years old upwards can be included
- No visit required
Donation to Government Fund
Single applicants can contribute $250,000 to the SIDF (Sugar Industry Diversification Fund) or, for a limited time only, a family of up to four people can contribute $150,000 to the Hurricane Disaster Relief Fund.
Both options qualify in the same way for citizenship and we urge investors to take advantage of the $150,000 family application offer while it is available. Please contact our consultants for details.
Real Estate Investment
The property investment must be in designated real estate projects and the investment can be sold after five years.
The St. Kitts program is ideal for investors needing a second passport for travel and ease of access to many countries. The European golden visa programmes are more suited to those wanting frequent European travel, residency and potential EU citizenship.
Disclaimer: The communication herein is intended to convey general information only and not to provide legal advice or opinions. It should not be construed as, and should not be relied upon for, legal or tax advice in any particular circumstance or fact situation. The facts stated may not reflect the most current legal developments. No action should be taken in reliance on the information herein. Qualified legal practitioners should be contacted for professional legal advice on specific issues.