St. Kitts and Nevis Citizenship by Investment

 

 

Foreign individuals may obtain citizenship of the Federation of Saint Christopher (St._Kitts) and Nevis under sub-section (5) of Section 3 of the Saint Christopher and Nevis Citizenship Act of 1984 (Cap 1.01) which stipulates that a person is entitled, upon making application to the Minister in the prescribed manner and upon payment of any fee that may be prescribed, to be registered as a citizen of the Federation without any rights of voting save under and in accordance with the provisions of any law governing the qualification of voters, if Cabinet is satisfied that such person has invested substantially in the Federation.

Investment Requirement

The substantial investment requirement may be satisfied either by,

 

  • making a non-refundable contribution to the Sustainable Growth Fund;

 

  • investing in a Government approved real estate project which may include hotel shares, villas, and condominium units;

  • purchasing before 1st November, 2022, a qualifying private property; or

  • investing in a Government approved infrastructural and other project.

 

The substantial investment can be made in the currency of the United States of America (USD) or in the currency of the Eastern Caribbean Central Bank (XCD). Note that the exchange rate for converting USD to XCD is fixed at XCD 2.7 per USD but that the bank rate for non-cash transactions is XCD 2.6882 per USD.

Investment Options

Sustainable Growth Fund Option (SGF)

The minimum non-refundable contribution to be made under the SGF investment option is USD_150,000 for a single applicant, USD_150,000 for a family of four persons with USD_10,000 for each additional family member after the fourth, and USD_20,000 for each sibling of the applicant or of his or her spouse.

Real Estate Investment Option (REI)
 

One applicant or two and more applicants jointly may invest in a qualifying real estate property and the minimum investment under this investment option is USD_200,000 (resalable after 7 years) or USD_400,000 (resalable after 5 years) for each applicant.

 

Private Property Purchase Options (PPP)

 

The minimum investment for the main applicant under this investment option is USD_400,000 (resalable after 5 years without qualifying for use in a subsequent citizenship citizenship by investment) and the property must have an appraised value of more than USD_400,000.


Alternative Investment Option (AIO)


The alternative investment option is the newest form of investment under the Citizenship by Investment programme. It facilitates investment in qualified infrastructural and other projects which are developed or will be developed by Private Enterprise Developers and Public Good Project Developers.

Who Can Apply

 

Subject as otherwise stated below, any person of irreproachable character and sufficient financial standing who is 18 or older can apply for Citizenship by Investment.

 

Applicants for citizenship may include the following dependents with their application,

  • spouse of the applicant;

  • children and stepchildren of the applicant and those of his or her spouse who are under the age of 18;

  • children and stepchildren of the applicant or those of his or her spouse who are between the age of 18 and 30 if in full time attendance at a recognised institution of higher learning after their 18th birthday and fully supported by the applicant;

 

  • children and stepchildren of the applicant or those of his or her spouse who are above the age of 18 and not attending an institution of higher education if such children or stepchildren are physically or mentally challenged and fully supported by the applicant;

 

  • parents and grand-parents of the applicant or those of his or her spouse who are above the age of 55 if living with and fully supported by the applicant; and

 

  • siblings of the applicant or those of his or her spouse who are unmarried, childless, 30 years of age or younger if dependent on the applicant for financial support.

An applicant for citizenship is either a single individual or the head of a household comprised of two or more family members. Such applicant is referred to as "main applicant" in the citizenship by investments regulations and throughout the citizenship and passport application process.

 

Please note that a person who,

  • has provided false information in his or her citizenship application forms;

  • has a criminal record;

  • is the subject of a criminal investigation;

  • is a potential national security risk to St. Kitts and Nevis or to any other country;

  • is involved in any activity likely to cause disrepute to St. Kitts and Nevis;

  • has been denied an entry visa by a country with whom citizens of St. Kitts and Nevis have visa free entry; or

  • is a national of Iran or Afghanistan,

 

will not be approved for Citizenship.

 

Furthermore, funds used for Citizenship may not originate from Iran.

Application Procedure

 

All citizenship applications must be submitted to the Citizenship by Investment Unit of the Office of the Prime Minister of the Federation of Saint Christopher (St. Kitts) and Nevis by persons authorised to submit such applications pursuant to the  relevant provisions of the Citizenship by Investment Regulations of the Federation.

 

Every citizenship application must be made on the prescribed application forms which must be submitted together with various documents relating to the applicant’s identity, civil status, criminal record, financial resources, and health. All documents must be in English or translated into English, and all photocopies of any document submitted must be notarised and properly certified.

An applicant can by power-of-attorney appoint a representative to act as his or her attorney-in-fact to prepare citizenship application forms, facilitad the collection of citizenship application documents, or act as translator for the applicant. This representative will then apoint us as authorised person for the applicant and we will act as independent contractor to provide citizenship and passport application services for the applicant and the other members of his or her family, if any. 

Application time frame

The time frame to obtain Citizenship largely depends on how many background checks Government will have to complete on each applicant who is 16 or older and in which countries such checks will need to be performed.

There is a normal application procedure (NAP) and an accelerated application procedure (AAP). The application time frame for the NAP application option is 90 days and for the AAP application option it is reduced to 60 days, starting in each case from the date on which the application was filed.

 

Government must within the applicabel time frame mentioned above notify us, in our capacity as authorised person acting on behalf of the main applicant, that the application has been approved in principle, denied, or delayed for cause and still being processed.

Government Fees​

Due diligence fees

 

Fees under the NAP application option are USD_7,500 for the main applicant and USD_4,000 for each dependent of the main applicant or of his or her spouse who is 16 or older.

 

Fees under the AAP application option are USD_25,000 for the main applicant and USD_20,000 for each dependent of the main applicant or of his or her spouse regardless of age.

Real Estate fees

Fees payable on approval of an application under the REI or PPP investment option are USD_35,050 for the main applicant, USD_20,050 for the spouse of the main applicant, and USD_10,050 for each other dependent of the main applicant regardless of age.

Application processing fee

The application process fee is USD_250 per applicant regardless under which application option the citizenship application is submitted.

Passport fees

Passport fees for the 4-day service is USD_350 per passport for the NAP application option.

Under the AAP application option there are no passport fees for the main applicant and for dependents who are 16 or older. However, there is a passport fee of USD_500 per passport for dependents under the age of 16.

Bank Fees

Due diligence fees

 

USD_200 for the main applicant, USD_150 for each dependent who is 16 or older, USD_50 for each child, stepchild, or sibling of the main applicant or of his or her spouse who is 10 to 15 years old.

Incoming wire transfer fee

 

USD_27 per wire transfer.

PersonalTaxation

Tax Residency

Citzenship will not automatically convey tax residency and certainly not if the country of origin of an individual is the United States of America or any other country which tax by nationality rather than by residency. To be considered tax resident in St._Kitts and Nevis in any given year, the authority of most foreing countries which tax by residency will ask to be provided with evidence to support that the individual concerned spent in that year at least 183 non-consecutive days in St._Kitts or Nevis. The evidance to be provided is dictated by the tax authority of the country where the individual is currently considered to be tax resiten and may include a requirement for such individual to have a permant place of abode in St. Kitts or Nevis (i.e. ownership of a real-estate property or long-term lease agreement for such a property).

 

Income Tax

Individuals who are tax resident in St. Kitts or Nevis are not subjects for assesment of income tax. Since these individuals are not required to file any income tax returns, they can also not obtain a tax identification number (TIN) from the inland revenue department in St._Kitts.

Incentives

The Government of the Fedration of St._Kitts and Nevis is not imposing any death duties, gift tax, estate tax, inheritance tax, and capital gains tax on individuals who are considered to be tax resident in its jurisdiction.

What Next ?

Once you have decided under which option you wish to apply for citizenship, you should contact us with information about the number of persons who will be included in your application and their exact date of birth so that we can provide you with an estimate for the total cost of your citizenship.