ST. KITTS & NEVIS
St. Kitts & Nevis (St. Christopher & Nevis) Citizenship-by-Investment Program was established in 1984 under the regulations of the 1984 Citizenship Act, Part II, Section 3 (5) making it the longest established Citizenship-by-Investment Program in the world.
St. Kitts & Nevis is located in the northern section of the Eastern Caribbean Sea approximately 2,000 km Southeast from Miami.
In 1983 independence was gained from Britain and a twin island federation was formed; Nevis with an area of 93.2 km² and St.Kitts with 168.4 km². The Federation is a British Commonwealth nation with the Head of State being Queen Elizabeth II and a well functioning democracy based on Britain’s parliamentary system.
The St. Kitts & Nevis Citizenship-by-Investment Program facilitates you and your family’s ease of travel throughout the world to over 125 countries visa free.
Holding St. Kitts & Nevis citizenship also gives expansion on your business opportunities without being taxed on worldwide income.
To qualify, applicants need to be of outstanding character with:
- No criminal record;
- Excellent health;
- High personal net worth, and
- Make an investment in a government- approved real estate development, or monetary contribution to the Sugar Industry Diversification Foundation (SIDF).
As one of the oldest of its kind in the world, the St. Kitts & Nevis Citizenship by Investment Program provides the following prime benefits:
- Fast processing within 4 months with inclusion of dependent children below 25 years of age;
- Inclusion of dependent parents or grandparents above 65 years;
- No physical residency requirements;
- No requirement to travel to St.Kitts & Nevis during the application process;
- No interview, education or management experience required;
- Obtain visa-free travel to more than 100 countries including Schengen Zone (25 EU countries), Canada, UK, Hong Kong, Singapore, etc.;
- No tax on worldwide income;
Furthermore, St. Kitts & Nevis recognizes dual citizenship, therefore you can still benefit from your current citizenship status. For comprehensive information on living in St. Kitts & Nevis, please contact our office.
Sugar Industry Diversification Foundation (SIDF) Contribution
High net worth individuals may choose to make a monetary contribution to the SIDF organization via prescribed contribution levels:
- USD $250,000 – Single Applicant;
- Additional Fees apply if married (spouse);
- Additional Fees apply if there are dependants (children).
Real Estate Option A
Redeemable Preferred Share Offer
The Redeemable Preferred Share Offer (RPSO), is Kittitian Hill Resort Development’s exclusive product with Facilitator and is commonly referred to as the Buy Back Option. The offer allows applicants to purchase a share within a specially appointed Cottage Suites within the development for a purchase price of USD $400,000.
The applicant is renouncing any income or dividends from the company, in exchange for the guaranteed option to re-sell the property back to the developer after 5 years.
After the 5 year “must hold” period the purchaser will have the option to:
- Redeem their share for the exact same purchase amount (USD $400,000), or
- Re-sell their share to a private buyer, who can also apply for St. Kitts & Nevis Citizenship, or
- Choose to retain ownership.
Real Estate Option B
The property purchased must be minimum USD $400,000 in a government-approved real estate development. The property must be owned and maintained for a minimum of five years.
Property registration, processing fees and taxes must be paid in addition to the property purchase (for more information please contact our office).
Procedures and Timelines
The application process summarized below is based on the required process that should be followed by all applicants for the Citizenship-by-Investment Program in St. Kitts & Nevis. The procedure follows 6 basic steps, which are dependent on the successful completion of the previous step.
The below given timeline is an estimate based on our experience with previous clients and is provided for information purposes only. Any changes that may occur, which may or may not affect an applicant’s processing, will not be the responsibility of Can-Quest Management Consultants. Governments can experience large volumes of applications, local authorities can modify required documents and/or processing delays, are some of the factors that may affect timings. Processing times will vary depending on where the application has been filed. For the latest up-to-date information, please refer to our website.
Step 1 – File preparation. Issuance of pre-approval letter from Can-Quest Advisory, government and due diligence fees are due at this stage.
Step 2 – Citizenship file submission.
Step 3 – Issuance of “Approved in Principle” letter by the Government’s Citizenship-by-Investment Unit.
Step 4 – Investment is made in selected option.
Step 5 – Naturalization certificate is issued.
Step 6 – Submission of passport application. Issuance of passport.
For more information please contact our office by completing the form on the right, by email to email@example.com or you can call us +9714 294 1213. Our office is opened Thursday to Saturday (6 days a week) from 10:00 AM to 7:00 PM.