Did you know that obtaining citizenship in St. Kitts and Nevis through investment can provide you with visa-free access to over 157 countries?¹

Its citizenship by investment program offers a unique opportunity for high-net-worth individuals to enhance their investments while expanding their global reach simultaneously.  

To help you make the most of this opportunity, our team of experts at WorldPassports has formulated the ultimate guide on St. Kitts and Nevis’ CBI program, assisting you in making informed decisions for your future. 

Without further ado, let’s jump into the exciting world of St. Kitts and Nevis’ CBI program.

*Disclaimer: All amounts mentioned in this article were correct at the time of publication and might have shifted since. 

What Are the Benefits of Citizenship by Investment in St. Kitts & Nevis?

When considering applying for St. Kitts and Nevis’ CBI program, there are endless benefits to consider. 

Here are a few of the major benefits our team has found:

• Visa-free and visa-on-arrival access to over 157 countries.
• A favorable tax regime with no personal income, wealth, or inheritance tax.
• Attractive real estate investment opportunities.
• Fast processing time for citizenship applications.
• No residency or visitation requirements.²
• Dual citizenship is allowed, without the need to renounce your current nationality.
• Access to high-quality healthcare and education systems.
• Increased global mobility and business opportunities.
• Stable political environment and secure living conditions.

What Are the Limitations of Citizenship by Investment in St. Kitts & Nevis?

With any investment, it’s equally important for investors to consider the limitations and drawbacks of any investment opportunity. 

This is also the case if you’re considering St. Kitts and Nevis’ citizenship. 

Below, our team of experts have listed a few to consider: 

• Significant financial commitment is required for investment options.
• Less international recognition compared to larger countries.
• Smaller domestic market and economy.
• Dependence on tourism and foreign investment.
• Potential scrutiny from tax authorities in your home country.

Weighing the benefits against the limitations of St. Kitts and Nevis citizenship will help you to determine if this opportunity aligns with your long-term goals and aspirations.

Which Investment Types Qualify for St. Kitts & Nevis Citizenship by Investment?

Understanding the various investment routes and what they might entail for St. Kitts and Nevis' citizenship by investment program is crucial for prospective investors. 

In this section, our team of experts will explore the available options with you and provide insights on the costs, benefits, and procedures associated with each route.

Let’s take a look together. 

Sustainable Island State Contribution Fund (SISC)

Taking the place of the previous Sustainable Growth Fund (SGF), the Sustainable Island State Contribution Fund (SISC) requires a monetary contribution, which will be allocated to sectors such as healthcare, education, alternative energy, heritage, infrastructure, tourism, and culture.

A single applicant will be required to contribute US$250,000, a single applicant and their spouse need to contribute US$300,000, and a family of up to 4 will be required to contribute US$350,000. 

Additional dependents under 18 require a US$50,000 contribution, and dependents over 18 require a US$75,000 contribution. 

Take note

Once you’ve received approval in principle, you’ll be required to provide proof of payment as part of your application process. 

These funds go toward supporting the overall development of St. Kitts and Nevis through its CBI program.

Real Estate Investment 

The next option involves investing in St. Kitts and Nevis real estate for citizenship. 

This requires either a US$400,000 investment in approved developments such as hotel shares with a minimum holding period of 7 years.

Alternatively

You can invest a minimum of US$800,000 in real estate with a full title deed and a minimum holding period of 5 years.

Both options investments will be recoverable after the holding period. 

Upon approval in principle, you’ll be required to pay government fees of US$25,000 for the main applicant, US$15,000 for a spouse, and US$10,000 for any other qualifying family dependents. 

Additionally

Proof of payment for your real estate investment should also be provided after receiving approval in principle. 

This investment route contributes to the growth of St. Kitts and Nevis' economy through property development and tourism.

What Are the Eligibility Requirements for Citizenship by Investment in St. Kitts & Nevis?

Before embarking on your journey to obtain St. Kitts and Nevis citizenship through investment, it's crucial to understand the program's specific eligibility requirements. 

Let the WorldPassports team guide you through the essential criteria you and your family must meet to qualify for this life-changing opportunity.

Here’s what you should note:

Age Requirements

First, the main applicant for St. Kitts and Nevis’ CBI program must be at least 18 years old. 

This age requirement ensures that applicants are legally capable of making independent decisions and managing their investments responsibly.

Minimum Investment Amount to Qualify

The next major eligibility requirement is the minimum investment amount. 

As mentioned, applicants must invest a minimum of US$250,000 in the Sustainable Island State Contribution Fund or US$400,000 in approved real estate projects.³

These substantial investments contribute to the nation's economic growth and development, benefiting both citizens and the country as a whole.

Good Character

Applicants are also required to possess a clean criminal record and be in good standing in their home countries. 

This requirement helps maintain the integrity and reputation of St. Kitts and Nevis’ citizenship by investment program, and ensures the safety of its citizens.

Transparent Source of Funds

Applicants must also provide proof of the legal source of their investment funds, ensuring that the money invested comes from legitimate means. 

This transparency is vital for maintaining the program's credibility and preventing money laundering or other illicit activities in the country.

Good Health

Applicants and their dependents must be in good health and not suffer from any contagious diseases. 

This requirement protects the well-being of the nation's residents and reduces the burden on the healthcare system.

No Visa Denials or Sanctions

Applicants mustn’t have been denied a visa to a country with which St. Kitts and Nevis has visa-free access.

Additionally, applicants may not be subject to international sanctions. 

This rule helps maintain the country's strong diplomatic relationships and global reputation.

No Previous Citizenship Denial

No applicants can have a history of being denied citizenship by another country for any other reason other than insufficient documentation. 

This requirement ensures that only individuals with good moral standing and a clean international track record can acquire St. Kitts and Nevis citizenship.

Family Members’ Eligibility

Family dependents' eligibility is another crucial factor for applicants to consider.

The main applicant can include their spouse, dependent children under 30, and dependent parents or grandparents over 55 in their CBI application. 

This provision allows investors to secure a better future for their loved ones and enjoy the benefits of St. Kitts and Nevis citizenship together.

What’s the Application Process for Citizenship by Investment in St. Kitts & Nevis?

Navigating the application process for citizenship by investment in St. Kitts & Nevis can seem daunting, but with a clear understanding of the steps involved and the required documents, you'll be well on your way to securing a brighter future. 

First, let's take a closer look at the required steps for St. Kitts & Nevis' CBI application process. 

Step-By-Step Application Process

Embarking on the journey to St. Kitts and Nevis citizenship by investment requires a clear roadmap to success. 

In this step-by-step guide, we'll walk you through each of the 8 stages of the application process, ensuring that you're well-prepared and confident as you pursue your goal of obtaining a second citizenship.

Read on.

Step 1: Choose Your Investment Option

Begin by selecting either the Sustainable Island State Contribution Fund (SISC) or an approved real estate project as your preferred investment route. 

The SISC requires a minimum contribution of US$250,000, while real estate investments start at US$400,000. 

Ensure your choice aligns with your financial goals and long-term plans in St. Kitts and Nevis. 

We suggest you conduct thorough research and consult with local professionals to determine which option best suits your needs.

Step 2: Engage an Authorizing Agent

To facilitate your application process, select a government-authorized agent to guide you through the necessary procedures and paperwork. 

These agents have extensive experience in handling citizenship by investment applications and can provide valuable insights to help streamline the process. 

It’s recommended to select an agent with a proven track record and a strong reputation for successful outcomes in the country. 

Step 3: Gather the Required Documentation

Collect all necessary documents, including proof of identity, birth certificates, marriage certificates (if applicable), police clearance, and more. 

Ensure all documents are in English or accompanied by certified translations. 

We highly recommend that you double-check the accuracy and completeness of your documents to avoid delays in processing.

We’ll take a closer look at the required documents in the next section. 

Step 4: Submit Your Application 

Your authorized agent will then review your documents and compile your application, which will be submitted to St. Kitts and Nevis’ Citizenship by Investment Unit (CIU) for processing. 

At this stage, you'll also be required to pay the due diligence and processing fees, which will vary depending on the number of applicants and their ages. 

Keep in mind

These fees are non-refundable, so ensure your application is thoroughly prepared at this stage. 

Step 5: Undergo Due Diligence Checks

The CIU will then conduct thorough background checks on you and your family members to verify your good character and ensure you meet the eligibility requirements for the program. 

This process typically takes 60 to 90 days but may vary depending on individual circumstances. 

New update alert:

As part of its due diligence process, the government of St. Kitts and Nevis has now also introduced mandatory in-person interviews for all CBI applicants.

Adhering to these procedures ensures that the St. Kitts and Nevis passport continues to enjoy its privileged access to EU regions. 

Step 6: Receive Approval in Principle

Once your application has been reviewed and approved by the CIU, you'll receive an Approval in Principle letter. 

This indicates that you've met all the requirements for St. Kitts and Nevis citizenship by investment program and can proceed to make your investment. 

Step 7: Complete Your Investment 

Once you’ve received your approval in principle, the next step entails transferring the funds for your chosen investment option and providing proof of your transaction to the CIU. 

Upon receipt of the investment, the CIU will issue your Certificate of Registration. 

Ensure that your investment is made within the specified timeframe to avoid jeopardizing your citizenship approval.

Step 8: Obtain Citizenship & Passport Application

With your Certificate of Registration in hand, you and your family members are now officially citizens of St. Kitts and Nevis. 

You may apply for passports at the Passport Office or through your authorized agent, allowing you to enjoy the full benefits of your new citizenship. 

Keep in mind

The latest updates to the St Kitts and Nevis CBI procedures stipulate that your citizenship documents must be collected by you in person, whether in St. Kitts and Nevis or at a designated diplomatic mission abroad. 

Your passport may take several weeks to be issued, so plan accordingly for any international travel.

Required Documentation

Properly preparing and submitting all required documents is another critical aspect of the St. Kitts and Nevis CBI application process. 

Ensuring you have all relevant documents in order and submitted promptly will help facilitate a smooth and efficient processing timeline. 

Let's take a closer look at the specific documents you’ll be required to submit with the help of our team of experts.

Application Forms & Passport-Sized Photos

Complete the official application forms and provide recent passport-sized photos of yourself and all dependents included in the application. 

These forms and photos are essential for the Citizenship by Investment Unit (CIU) to identify and process each applicant. 

Submit these documents at the beginning of the application process, as guided by your authorized agent.

Personal Identification Documents

The next documents you’ll be required to provide are copies of your current passport, birth certificate, and national ID card. 

These documents act to verify your identity, nationality, and age, ensuring you meet the eligibility requirements of St. Kitts and Nevis' CBI program. 

Please note, these documents will need to be submitted alongside your application form. 

Proof of Relation Documents 

For any dependents included in your application, you’ll be required to provide marriage certificates and birth certificates. 

These documents act to establish the relationship between the main applicant and their dependents, confirming their eligibility. 

These documents will need to be submitted alongside your application form too. 

Police Clearance Certificate

You’ll need to obtain a police clearance certificate from each country you've resided in for 6 months or more over the past 10 years. 

This document will attest to your good character and criminal background, ensuring that you meet St. Kitts and Nevis' high standards for citizenship. 

You’ll be required to submit this certificate during the due diligence phase.

Medical Examination 

You’ll also need to complete a medical examination for yourself and all dependents, including tests for HIV/AIDS, Hepatitis B and C, and other communicable diseases. 

These examinations will confirm to the relevant authorities you're in good health and aren’t a threat to public safety. 

Proof of Address

Utility bills, bank statements, or other official documents will also need to be submitted to confirm your residential address. 

This information will verify your current residency and help the CIU conduct background checks.

Bank & Professional Reference Letters

You’ll also be required to obtain reference letters from your bank, attorney, or accountant, vouching for your financial standing and professional reputation. 

These references help to establish your reliability and suitability for St. Kitts and Nevis’s CBI program. 

Employment & Business Documents 

Proof of employment, business ownership, or other income sources will need to be declared in document form to demonstrate your financial standing. 

These documents will ensure you have the means to support yourself and your dependents without relying on public funds during your stay in St. Kitts and Nevis. 

Proof of Investment & Source of Funds

Once you receive your approval in principle from the ICU, you’ll need to provide evidence of your investment, as well as documentation proving the legal source of these funds. 

This transparency is crucial for maintaining the program's credibility and preventing illicit activities from occurring. 

Affidavit of Financial Support 

Family dependents included in your application will also require an affidavit to be submitted, confirming that the primary applicant will financially support them. 

This document will confirm your commitment to providing for your family members and ensuring that there’ll be no reliance on state funds. 

Power of Attorney Documents

If applicable, you’ll also need to provide a notarized power of attorney document authorizing your agent to act on your behalf throughout the application process. 

This document will streamline communication with the CIU and ensure your agent can effectively represent your interests. 

You’ll submit this document at the beginning of the application process.

What Costs Are Involved in Citizenship by Investment in St. Kitts & Nevis?

Understanding the costs associated with St. Kitts and Nevis' CBI program is of the utmost importance for investors to prepare and budget accordingly. 

In this section, we’ll take an in-depth exploration of the different expenses involved throughout the CBI process.

Have a look:

Investment Amount 

As discussed, the investment amount is your most significant cost, and varies depending on your chosen route: either the Sustainable Island State Contribution Fund (SISC) or real estate.

For the SISC option, a single applicant contributes US$250,000, while a family of up to 4 contributes US$350,000. 

Real estate investments start at US$400,000 for an approved development or US$800,000 for a residential property. 

This cost is necessary to support St. Kitts and Nevis' development and maintain the program's credibility.

Government Fees & Due Diligence Fees

Government fees are required for processing your application and conducting background checks. 

For real estate investments, the main applicant pays US$25,000, a spouse pays US$15,000, and any other qualified dependent pays US$10,000. 

Due diligence fees vary based on the number of applicants and their ages but are approximately US$7,500 per adult. 

These fees ensure thorough assessments of applicants and maintain the program's integrity.

Application Fees 

While there may not be specific application fees, the costs of preparing and submitting your application are often bundled with the government and due diligence fees. 

These expenses cover the administrative work required to process your citizenship request in St. Kitts and Nevis.

Passport Fees 

Upon obtaining citizenship, you’ll need to pay passport fees, which will amount to US$350 per person.

These fees cover the issuance of your St. Kitts and Nevis passport, granting you visa-free travel to numerous territories. 

Medical Examination Fees

Medical examination fees vary based on the healthcare provider but generally range from US$100 to US$300 per person. 

These fees cover the cost of medical tests required for your CBI application, ensuring you and your dependents are in good health.

Legal & Advisory Fees

Hiring an authorized agent or lawyer to guide you through the CBI process will incur legal and advisory fees. 

These fees vary based on the professional's expertise and the number of applicants but can range from US$5,000 to US$15,000. 

Our team of experts recommends working with professionals to ensure a smooth application process and compliance with the program's requirements.

Document Certification Fees

Certifying documents such as birth certificates, marriage certificates, and police clearance is another fee you’ll incur in your CBI application. 

These fees typically range from US$10 to US$50 per document. 

These fees ensure the authenticity of the documents submitted for your application.

Translation Fees

If any of your documents aren’t in English, you’ll need to pay for certified translations, which can range from US$50 to US$200 per document. 

Accurate translations are crucial for the proper evaluation of your application.

Real Estate Purchase Costs 

If you choose the real estate investment route, expect additional costs such as property registration, taxes, and legal fees. 

These costs typically range from 2% to 5% of the property value and are necessary for completing your real estate transaction as part of your CBI application. 

Bank Transfer Fees

When transferring your investment funds and paying fees, you may incur bank transfer fees, which can range from US$25 to US$100 per transaction, depending on the amount and distance you’re sending.

These fees cover the cost of securely transferring funds to the relevant parties.

What’s the Processing Time for Citizenship by Investment Applications in St. Kitts & Nevis?

When applying for citizenship status in St. Kitts and Nevis through investment, we at WorldPassports understand you’ll be eager to understand the relevant processing times. 

In this section, we’ll delve into the details associated with your CBI application, and answer your pressing questions. 

Here are the answers:

Average Processing Time

The citizenship by investment program in St. Kitts and Nevis typically takes around 3 to 4 months to process applications.⁴

This time frame includes submission of your application, due diligence checks, approval in principle, and investment confirmation. 

It’s important to note…

The processing time may vary depending on the complexity of your application, the number of dependents included, and the level of due diligence required.

Expedited Processing Options

For applicants who require a faster turnaround, St. Kitts and Nevis offer an expedited processing option called the Accelerated Application Process (AAP). 

This premium service ensures that your application is processed within 60 days, or even as quickly as 45 days in some cases. 

The AAP comes with additional fees, which generally range from US$25,000 for the main applicant to US$20,000 for each dependent. 

Choosing this option can help you obtain citizenship more rapidly, providing greater flexibility and convenience for your plans.

Does St. Kitts & Nevis Allow Dual Citizenship?

Yes, St. Kitts and Nevis recognizes and permits dual citizenship under its CBI program. 

This means that you and your dependents can maintain your original citizenship while obtaining citizenship in St. Kitts and Nevis without any requirement to renounce your current nationality. 

This flexibility is an attractive feature of the program, as it enables investors to enjoy the benefits of St. Kitts and Nevis citizenship, such as visa-free travel and tax advantages, without losing the rights and privileges associated with their original citizenship.

Common Questions

In Conclusion

St. Kitts and Nevis’ citizenship by investment program offers numerous benefits, including enhanced global mobility, a favorable tax environment, and the opportunity for an enhanced quality of life. 

However, it’s crucial for prospective investors to consider the various factors of this country's CBI program for a smooth and successful application outcome. 

The WorldPassports team trusts that our in-depth article has equipped you with the relevant information to embark on your St. Kitts and Nevis citizenship journey with confidence. 

If you’re eager to find out about other possible CBI programs, feel free to browse through our other country-specific article selections.