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St. Kitts & Nevis

Citizenship by Investment Program

St. Kitts & Nevis

Citizenship by Investment Program

Situated in the scenic eastern Caribbean, St. Kitts and Nevis, a former British colony, gained independence in 1983 while maintaining ties to Queen Elizabeth II.Encompassing 261 square kilometres with a population of 54,000, the islands uphold a high standard of living within a federal parliamentary democracy.

Tourism is vital, drawing 600,000+ visitors annually and contributing significantly to a USD 1.5 billion income. The nation signed the Double Taxation Relief (CARICOM) Treaty of 1994 and complies with the US FATCA regime.Notably, an expedited application process takes 60 days or less, making it the Caribbean’s quickest program.

Requirements

To be granted citizenship through the St. Kitts and Nevis Citizenship-by-Investment Program, the main applicant is required to make a financial investment in the country.
Qualifications include:

  • Being over 18 years of age
  • Meeting due diligence requirements
  • Opting for one of the following two investment options:
  1.  A non-refundable donation to the Sustainable GrowthFund (SGF), starting from USD 150,000
  2. The purchase of qualifying real estate with a minimum value of at least USD 200,000 in government-approved projects, with an option to resell after seven years.

Selecting one of the three main options

  1. A non-refundable donation to the National Development Fund (NDF), starting from USD 100,000.
  2. Purchase of qualifying real estate with a minimum value of at least USD 200,000 in a government-approved project.
  3. A USD 150,000 non-refundable donation to the University of the West Indies (available for families of six or more only).

Donation

The Sustainable Growth Fund (SGF) replaces former funds,focusing on specific areas: education, climate change, Medical, Tourism, and Cultural donations.Contributions range from USD 150,000 (single) to USD 195,000 (family of four), including spouses, children under 18, those in full-time education (18–30), and supported parents or grandparents (55+).

Realestate

Investments in approved projects start at USD 200,000, with properties held for seven years or until completion.

Other Requirements

Applicants must meet one of these contributions and maintain clean backgrounds. The Citizenship-by-Investment Unit (CIU) conducts thorough checks, denying citizenship for visa rejections, security concerns, or ongoing investigations.

Taxation

St. Kitts and Nevis have a tax regime that includes:

  • No direct taxation on personal income, estate duty,succession, inheritance taxes, gift taxes, or net worthtaxes, even for citizens residing on the islands
  • A corporate tax rate of 35%, with certain companies potentially qualifying for tax reductions for up to a 15-year period.
  • In Nevis, companies and foundations are not taxed,provided no business is transacted on the island.
  • An annual property tax in St. Kitts and Nevis is calculated on the market value of the property.
  • A Value Added Tax (VAT) of 17% in St. Kitts and Nevis.

Procedures and Time Frame

The process is anticipated to take three to four months, from application submission to passport issuance, assuming the application is free of areas of concern.

MILESTONES

Month 1

Commence initial due diligence.

Sign the client agreement and complete government forms, accompanied by the necessary supporting documentation.

If opting for real estate, sign an agreement with the developer.

Months 2 – 3

Submit the application.

Undergo governmentprocessing and complete thedue diligence procedure

Month 4

Government application review.

On approval, make the required contributions and government fees, leading to passport issuance.

Interested & want to know more details?


stKitts citizenship by investment plan expenditure table
St Kitts citizenship by investment plan expenditure table

Summary of Key Advantages

  • Visa-free travel to 157 countries, including the EU Schengen area, the UK, Singapore, and Hong Kong.
  • Full citizenship with a passport extended to the main applicant,spouse,children, parents, or grandparents.
  • A donation requirement starting at USD 150,000
  • No personal income tax, gift tax, inheritance tax, or net worth tax.
  • No minimum presence requirement
  • Dependents, such as siblings of the main applicant or spouse, under 30 years of age, single, and childless, may qualify if financially dependent.

Dual Citizenship

St. Kitts and Nevis have no restrictions on dual citizenship.

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