SAINT KITTS AND NEVIS CITIZENSHIP BY INVESTMENT PROGRAM
SAINT KITTS AND NEVIS CITIZENSHIP BY INVESTMENT PROGRAM
The government of St Kitts and Nevis has a prolonged Citizenship by Investment program which attracts outsiders to make meaningful contributions for the development of the country.
The investors along with his/her family members can get citizenship either in the process of making a fixed donation to the government or an alternative real estate purchase. It generally takes 5 months of time before the passport is actually handed over to the applicant.
The citizens have the freedom to be eligible for the citizenship requirements through a direct investment to a real estate project which is in the state of being pre-approved inclusive of villas, condominium units and hotel shares.
By law, the investment in real estate is USD 200,000 which can be resold after 7 years. Another investment option bracket comes at USD 400,000; resalable after a period of 5 years.
After the application is submitted, the entire processing fee and the non refundable part of the program have to be paid out. The amount stands as follows:
If a candidate donates to the Sustainable Growth Fund(SGF), then the claimant may be eligible for citizenship.
Basics investments are- a payment of US$150,000 which is completely non-refundable is payable for a single applicant, a donation of US$195,000 which is fully non-refundable is mandatory for the primary applicant which can go upto 3 dependents (i.e, a spouse and two children) and a donation of US$10,000 for supplementary dependents, despite their age.
Once the request is sent, the program fees and the non-refundable due attentiveness have to be released in full for payment. The fee amount is US$7,500 for the Main applicant and US$4,000 for each independent of the main applicant (over 16 years).
The second choice is that of real estate investment, where you will be mandated to purchase a property worth a minimum value of 400,000 USD put through for the sake of real estate development. For at least a period of 5 years, the investment has to be maintained. As specialist immigration advisors, we work with reliable partners who can direct you on real estate related approval.
This website uses cookies.