|St. Kitts and Nevis, or, to give it its full title, the Federation of Saint Christopher and Nevis, has been independent since 1983 and forms part of the group of islands known as the Lesser Antilles, located some 2,000 km to the southeast of Miami. The Federation comprises two islands: Nevis with an area of some 93.2 km2 and St. Kitts with 168.4 km2. The official and trading language is English.
The Federation is a member of the United Nations (UN), the Organization of American States (OAS), the British Commonwealth and many other international organisations. The Eastern Caribbean Central Bank has its headquarters on St. Kitts. It maintains the stability of the Eastern Caribbean Dollar (XCD), which is the national currency of most eastern Caribbean states and is tied to the US Dollar (USD). The head of state is the Queen of England and St. Kitts and Nevis is a functioning democracy, with its political system based on the British parliamentary system.
St. Kitts and Nevis has a pleasant climate, particularly during the cooler months from December to March. Humidity is relatively low, and constant northeast trade winds keep the islands cool. The islands offer very good opportunities for investors. A well-educated workforce, that’s English-speaking and friendly presents easy and legitimate trade opportunities. The Government grants tax breaks, guaranteed repatriation of profits and concessions on import duties. There are no income or capital gains taxes, no net wealth taxes nor inheritance or gift taxes in the federation.
St. Kitts, the larger of the two islands, is oval in shape, except for a long, narrow peninsula to the southeast. Its highest point is Mount Liamuiga (3,792 ft [1,156 m]). The Narrows, a 2-mile- (3-km-) wide channel, separates the two islands.
The circular-shaped Nevis is surrounded by coral reefs and the island is almost entirely a single mountain, Nevis Peak (3,232 ft [985 m]). A volcanic mountain chain dominates the centre of both islands.
Citizenship in St.Kitts & Nevis
The Government of St. Kitts & Nevis has introduced extensive legislation to attract financial services businesses to the island. The Citizenship by Investment program has also been in operation since 1984, allowing foreign investors to acquire citizenship under certain conditions. This makes it the oldest existing citizenship by investment program in the World and is well known as the most reputable citizenship program in existence. One can invest in either designated real estate or contribute to the Sugar Industry Diversification Foundation (“SIDF”).
The St. Kitts & Nevis passport is highly regarded, as only relatively few of them have been issued under the citizenship program. As a result, St. Kitts & Nevis citizens enjoy a passport with an excellent reputation and very good visa-free travel, including to all of the EU, Canada, Hong Kong, Switzerland, and other countries. Accordingly, the St. Kitts & Nevis citizenship-by-investment program is the most attractive option if one is looking to acquire a second citizenship through investment without prior residence requirements.
The Citizenship Program of St. Christopher (St. Kitts) and Nevis was established in 1984 and requires applicants to make an economic contribution to the country. In exchange, they and their families are granted full citizenship. To qualify for citizenship, the applicant must make either an investment of at least USD 400,000 in one of the approved real estate developments in addition to paying government fees, other fees and taxes, or by making a contribution to the Sugar Industry Diversification Foundation (SIDF) to the amount of USD 250,000 (for a single applicant). However, this includes all government fees with the exception of due diligence fees.
Requirements and Procedures
On approval in principle of an application under the real estate investment option the following fees are payable to the Government of St. Kitts and Nevis:
Additionally to these fees, real-estate buyers should be aware that there are also purchase costs (mainly compulsory insurance fund contribution and conveyance fees) of approximately 4–5% of the purchase price.
Only villas and condominium units from an approved developer will qualify for citizenship.
In each of these categories, the above amounts include all government fees with exception to due diligence fees. In case of unmarried dependent children who are older than 18 but younger than 25, they can also be included in the same application provided an additional fee of USD 50,000 is paid to the Government.
Other supporting documents required from the main applicant:
Documents required for the Real Estate Option:
Required Investment and Fees
USD 7,500.00 for due diligence and processing fees for the main applicant
USD 4,000.00 for due diligence background checks and processing fees for each dependent over 16 years
Real Estate Option
Minimum Investment required is USD 400,000.00
On approval in principle of an application:
Sugar Industry Diversification Foundation Contributions
The amounts below are inclusive of all Government fees payable for the main applicant and his or her dependents with the exception of due diligence background fees.
When you acquire citizenship under the St. Kitts & Nevis citizenship program, you and your family enjoy full citizenship for life, which can be passed on to future generations by descent.
As citizens of St. Kitts & Nevis, you and your family are issued with passports which allow visa-free travel to more than 120 countries and territories worldwide, including all of the EU. Of course, you have the right to take up residence in St. Kitts & Nevis as well as in most of the CARICOM member countries at any time and for any length of time.
How to Proceed
Applications for Citizenship cannot be lodged directly at the Citizenship -by-Investment Unit, instead it can only be handled by registered authorised persons.