ST. KITTS AND NEVIS CITIZENSHIP BY INVESTMENT PROGRAM
St. Kitts and Nevis is a small island nation that is home to the World's oldest citizenship by investment programme. Since 1984 thousands of wealthy families have obtained second passports of St. Kitts and Nevis. Why not you?
Key facts:
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146 visa free countries
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The most popular citizenship by investment programme
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Highest number of passports issued
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Processing time 10-12 months
There are several investment options to obtain citizenship in St. Kitts and Nevis, such as:
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real estate acquisition;
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non-refundable donation to governmental funds;
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investments in local business entities.
Applicants of certain nationalities are currently not eligible to apply for citizenship by investment in St. Kitts and Nevis, such as: Afghanistan, Belarus, Iran, Iraq, North Korea and Russia, whereas we have solutions for several banned nationalities in other Caribben countries. Contact your UB Lawyers citizenship by investment advisor now for more details.
CBI in St. Kitts and Nevis can be obtained by the whole family of the main applicant, including:
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The spouse;
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Children aged under 18;
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Children aged between 18-25 who who are in full-time attendance at a recognised secondary or tertiary level institution of learning and fully supported by the main applicant;
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Children aged 18 or over who are physically or mentally challenged;
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Parents of the main applicant or the spouse of the main applicant aged 55 or over, living with and fully supported by the main applicant.
The main applicant must be at least 18 years old and hold a clean criminal record to apply for CBI. On certain curricumstances the applicant will not qualify for St. Kitts and Nevis citizenship by investment, for example if the applicant:
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has been denied citizenship of any country,
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has been denied any sort of visa to any country to which citizens of St. Kitts and Nevis have visa-free travel, in case the applicant has not obtained a visa to the country that issued the denial afterwards,
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is the subject of a criminal investigation,
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has been declared bankrupt within ten years of his or her application,
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is involved in any activity likely to cause disrepute to St. Kitts and Nevis.
Join the largest economic citizenship club in the World with CBI program in St. Kitts and Nevis!
Don't hesitate to contact UB Lawyers for a professional advice on which citizenship by investment program suits your requirements most of all.
REAL ESTATE
You may obtain citizenship of St. Kitts and Nevis by investment in real estate, both off-plan from the developer or private sales. This is the only Caribbean programme that qualifies private real estate investments eligible.
The Private Real Estate Investment option allows investors to choose between:
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Condominium unit or share in designated real estate developments for a minimum investment of USD 325,000,
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Single-family private homes designated as Approved Private Real Estate for a minimum investment of USD 600,000.
With the Developer’s Real Estate Investment Option you can secure Citizenship by Investment in St. Kitts and Nevis through real estate acquisition in approved developments from USD 325,000.
The applicant may include dependents in the application with a signle real estate purchase in St. Kitts and Nevis.
Apart from the property's sales price and acquisition costs you are charged administrative fees as follows:
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Main applicant: USD 25,000
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Spouse of the main applicant: USD 15,000
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Any qualified dependant under 18: USD 10,000
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Any qualified dependant aged 18 or over: USD 15,000
There are no administrative fees in case of citizenship by non-refundable contribution to special Governmental funds.
The applicant should maintain the property for at least 7 years in order to maintain the citizenship.
Real estate investment is a popular path to citizenship in St. Kitts and Nevis. Many investors choose this pathway to avoid non-refundable contributions in other options. But we seldom recommend to obtain citizenship by investment via real estate investment, because there are many property related expenses that occur from the purchase if only you do not intend to relocate or spend long holidays in St. Kitts and Nevis.
Kindly note, that you will also have to cover due diligence fees and other expenses. Contact UB Lawyers for full list of expenses and your case evaluation.
CONTRIBUTION
You may obtain citizenship in St. Kitts and Nevis by non-refundable contribution to Governmental economic development funds - Sustainable Island State Contribution or The Public Benefit Option.
Contribution is the most popular option to acquire citizenship by investment across the industry, because it has no hidden costs and drawbacks comparing with real estate investment options.
St. Kitts and Nevis provides citizenship by investment upon USD 250,000 donation to one of above mentioned Governmental funds. Citizenship by investment through direct contribution is a very straightforward and fast track pathway to the beloved second passport.
Processing time with contribution option is usually at least 1.5-2 months shorter comparing to real estate option.
PROCESSING
The process of obtaining your beloved second passport of St. Kitts and Nevis usually includes the following steps:
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Case valuation and consultation;
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Preparation of all required documents;
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Submission of the application;
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Online interview;
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Due diligence and file study by independent firms appointed by the Government;
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Approval in principle;
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Settlement of the investment or contribution;
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Certificate of naturalization and passports issuence;
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Optional: visit to the island to open local bank account, obtain local driving license and utility bill if required.
There are several obligatory fees and charges to be settled to obtain citizenship by investment in St. Kitts and Nevis, such as application fee, due diligence fee, interview fee, professional fees, passport fees and out-of-pocket expenses (apostille, translations, courier, etc.). These fees depend on the number of dependents in the application and other factors and usually exceed USD 30,000.
It usually takes approximately 10-12 months to process citizenship by investment application in St. Kitts and Nevis.
This term varies depending on the profile of the applicant and chosen path to citizenship. You will receive your St. Kitts and Nevis passport sooner with contribution option, as real estate acquisition and property rights transfer takes time.
Please, note that it usually takes additionally from 1 to 4 weeks to collect all documents to be submitted with the application and approximately 1 month to get the passports issued after the investment has been settled.
So, eventually it will take upto 1.5 years from your call to UB Lawyers until your new St. Kitts and Nevis passport is handled to you. Stop wasting the time, contact us now for a complimentary consultation and case valuation.
UB LAWYERS RANKING & ADVICE
Whereas St. Kitts and Nevis citizenship by investment program is the oldest and the most popular among all CBI programmes in the World that produces the highest amount of passports, we do not consider St. Kitts to be the top-tier choice, because of several drawbacks.
St. Kitts and Nevis passport strength: strong passport with extensive vise-free travel possibilities.
UB Lawyers ranking of St. Kitts and Nevis citizenship by investment program: obvious, but not the best choice for both individuals and families in most cases at the moment due to more competitive programmes in other Caribbean states.
UB Lawyers is not one of many service providers. We tailor solutions to perfectly tackle with the Client’s needs. We are always open to provide you with a comprehensive advice on the best citizenship by investment programme for you and your family.
