Citizenship & Passport Programme
St. Kitts & Nevis, West Indies
BackgroundSt. Kitts/Nevis is a beautiful, English speaking, democratic, tax free, two island country, situated in the Leeward Islands of the Eastern Caribbean.
The country has a history of stability, and boasts an infrastructure that includes good roads, good communications, and an ample supply of water, and electricity.
Since 1984, in what has proven to be a successful incentive to attract investment, the Government has offered an Economic Citizenship and Passport Program.
While such attempts made in other countries have been the subject of criticism, because the St. Kitts/Nevis program was structured upon sound principles, it has endured, and is now one of the oldest, and most highly regarded in the world today.
Section 3 (5) of the Citizenship Act provides for persons to be registered as citizens providing the Cabinet is satisfied that such persons have made a substantial investment in the country. In order to qualify, for St. Kitts/Nevis citizenship, the applicant invests in a real estate development approved by the government, usually a condominium.
St. Kitts/Nevis is a desirable place in which to own real estate, and the real estate developments approved under the citizenship program are well established. Because of the high standards maintained, St. Kitts/Nevis economic citizenship is respected in the global community, and the holder of a St. Kitts/Nevis Passport can enjoy visa-free travel to over 70 countries, including Canada, the United Kingdom, Switzerland, Hong Kong, etc.
For the individual, or family, desirous of obtaining an alternate citizenship, the St. Kitts/Nevis 'Citizenship-by-Investment' Programme, is worth serious consideration.
About St. Kitts & Nevis
St Kitts & Nevis is former British Colony, now an independent, English speaking island state situated in the Leeward Islands in the Eastern Caribbean. The Federation is made up of two islands, St. Kitts and Nevis, separated by a channel two miles wide. It is a member of the British Commonwealth, the United Nations, the OAS, and CARICOM.
St. Kitts & Nevis has a pleasant climate, particularly during the cool months from December to March. Humidity is relatively low, and constant northeast trade winds keep the islands cool.
St. Kitts is 23 miles long and 5 miles across, at widest point, and encompasses an area of 68 square miles. Nevis, the smaller island, lies to the south and is approximately 7 miles in diameter, covering a total of 36 square miles. The two islands support a population of about 45,000, of which about 9,000 live on the island of Nevis. Like no other islands in the Caribbean except Dominica, and Grenada, St. Kitts & Nevis embody a kind of lush tropical paradise usually associated with the South Pacific. The atmosphere here is a blend of sunlight, sea air and abundant vegetation. At the center of St. Kitts stands the spectacular, cloud-fringed peak of Mount Liamuiga (pronounced Lee-a-mweega), a dormant volcano covered by dense tropical forest.
St. Kitts & Nevis offers good opportunities for investors and manufacturers. The workforce is well-educated, English speaking and friendly. Other advantages include tax breaks of up to 15 years, repatriation of profits and the possibility of tax-free entry of produced goods into the US market. Substantial European import benefits also apply.
Advantages of Citizenship
| Citizenship for Life | - | for applicant and eligible family members. | |
| Dual Citizenship | - | is permitted and there is no residence requirement. | |
| Passports | - | 10 year validity for adults; 5 year validity for children under 16 years of age. All passport holders have the right to renew as "Citizens". | |
| Visa-Free Travel | - | to approximately 80 countries including Switzerland, Canada, Schengen Visa countries of Europe, and most British Commonwealth member countries. Where a visa is required, they are relatively easy to obtain. | |
| Tax Free Status | - | on Foreign Income, Capital Gains, Gift, Wealth and Inheritance Tax |
Requirements and associated fees
There are two means of obtaining Economic Citizenship by Investment. The applicant may either;
- purchase property in the sum of U.S$350,000.00 or more in one of the prescribed developments or
- make a contribution to the Sugar Industry Diversification Foundation.
- For a single applicant U.S$200,000
- For an Applicant with up to three family members, that is a spouse and two (2) children under the age of 18 years, U.S$250,000
- For an Applicant with up to five family members U.S$300,000, and
- For an Applicant with six or more family members U.S$400,000.
C1 - Application for Registration as a Citizen of St. Kitts & Nevis
C2 - Photograph and Signature Certificate
C3 - Medical Certificate
C4 - Investment Confirmation/Escrow Agreement
The first option mentioned is to purchase property to a value of U.S$350,000 in one of the villa or condominium developments which qualify under the program.
If an Applicant is interested in purchasing property then each applicant would be required to pay to government a registration fee for the Citizenship.
The Application forms must be completed in their entirety and must be accompanied by the supporting documents requested thereon. A due diligence search is carried out on each adult applicant who applies for citizenship in either scheme. The applicant is required to sign a consent form for the due diligence to be carried out. If the applicant is investing in real estate then each adult applicant (that is any applicant 16 years or older,) will have to pay the non-refundable sum of U.S$3750 for the due diligence search. If however the applicant is contributing to the Foundation then the fee is not applicable. If however, the Applicant invests in the foundation and his application is denied, then the monies deposited into the fund will be returned to the applicant less the due diligence fee of U.S$3750 per applicant.
The fees associated with obtaining Citizenship by Investment in the Sugar Industry Diversification Fund and obtaining St. Kitts-Nevis Passport, for one applicant are as follows;
- Investment in the Sugar fund $200,000 (you do not have to pay a separate fee for due diligence nor registration of citizenship)
- Legal Fee U.S$5000 (for an applicant and family of up to 3 persons i.e applicant, spouse and one child under 18 years. Family with over 3 persons, U.S$1500 per additional applicant)
- Passport Application fee and local Police Certificate U.S$59.52
- Legal Fee for each Passport Application is U.S$250.00
- Purchase Price of the Property U.S$350,000.00 (minimum)
- Fee for due diligence search U.S$3750 per applicant (16 years or older)
- Registration of Citizenship Fee payable to Government U.S$35,047 for head of the household (and U.S$15,047 each for the spouse and each child under the age of 18 years. Children over 18 years pay U.S$35,047)
- Agent Fee U.S$15,000 (for an applicant and family of up to 3 persons i.e applicant, spouse and one child under 18 years. Family with over 3 persons, U.S$1500 per additional applicant)
- Passport Application fee and local Police Certificate U.S$59.52
- Legal Fee on each Passport Application is U.S$250.00