The St. Kitts and Nevis Citizenship by Investment programme has become one of the most sought-after CBI programmes today. St. Kitts and Nevis is a popular destination for tourists and investors alike. Mainly, the Caribbean nation’s economy depends on tourism and investment. As such, St. Kitts and Nevis offers a citizenship programme designed to attract foreign investors and entrepreneurs.
Established in 1984, the St. Kitts and Nevis Citizenship by Investment Programme is considered the oldest citizenship programme in the world. Several other countries eventually adopted similar CBI programmes, requiring investors to contribute to the country’s economic growth.
Benefits of the St. Kitts and Nevis Citizenship by Investment Programme
Acquiring citizenship in St. Kitts and Nevis benefits you and your family. Notably, the programme does not require an interview or residency in the country, and the process is quick and accelerated. Your St. Kitts and Nevis Citizenship provides the following benefits:
- Citizenship by descent to future generations.
- Visa-free or visa-on-arrival travel to over 150 countries, including the Schengen Area, the UK, Hong Kong, Russia and Singapore.
- Applications include spouse, children under 31, parents, grandparents aged 55 and over, and unmarried dependant siblings under 31 with no children.
- Addition of dependants upon granting of citizenship.
- Frequent flights to Europe and North America.
- The country is a member of the Commonwealth, assuring citizens the privileges in the UK and other Commonwealth countries.
Accelerated Application Process
The Accelerated Application Process is a unique benefit of the St. Kitts and Nevis Citizenship by Investment programme. Essentially, it is the only CBI programme that offers a fast-track route to citizenship.
Specifically, the applicant of Saint Kitts and Nevis CBI can receive citizenship as fast as sixty (60) days from application, subject to additional costs.
Who can apply for the Saint Kitts and Nevis Citizenship by Investment programme?
The applicant must be at least 18 years old during application and have no criminal record. Additionally, parents can only apply if they are 55 or older, and dependants should be 30 years old or younger.
Notably, if an applicant had a rejected visa from one of St. Kitts and Nevis’s visa-free access countries, their citizenship application might also be rejected. Essentially, you may only apply once your visa is approved.
What are the Investment Options for the St. Kitts and Nevis Citizenship by Investment programme?
There are currently three (3) investment methods in the country for obtaining citizenship by investment in St. Kitts and Nevis, all requiring different amounts of investment.
1. Sustainable Island State Contribution.This investment option requires a non-refundable donation worth $350,000 to the country’s Sustainable Island State Contribution (SISC). For the main applicant’s spouse, an additional contribution of $25,000 is required for each dependant under 18 and $50,000 for each other dependant, who is 18 years and over. For a family of four, the donation amounts to a total of $250,000.
2. Real Estate InvestmentThere are two options under the real estate investment: purchase real estate for at least $325,000 and sell it after seven years. Or buy a private home for $600,000, resalable after seven years.
Conclusion
In conclusion, the Saint Kitts and Nevis Citizenship by Investment Programme, established in 1984, is a premier option for investors and tourists, offering benefits like visa-free travel to over 150 countries and inclusion of family members. With options such as the Sustainable Island State Contribution and real estate investments, and an expedited application process allowing for citizenship in as little as sixty days, it provides a robust and efficient path to global mobility and economic growth for both the nation and its new citizens.
Read on to learn more about other popular citizenship by investment programmes worldwide.
