St Kitts Citizenship – IPC

St Kitts Citizenship

THE FASTEST AND EASIEST WAY TO CITIZENSHIP


The citizenship program of Saint Kitts and Nevis restricts nationals from Afghanistan and Iran from applying to the program under some conditions.

ST KITTS AND NEVIS PERMANENT CITIZENSHIP:

Investment options Sustainable Growth Fund Donation
  • The new Sustainable Growth Fund is open for donations minimum of $150,000 for Single applicant.
  • The new Sustainable Growth Fund is open for donations minimum of $195,000 for a family of 4 (excluding siblings).
Real Estate Investments
A. Five-year hold period
  • Applicants may purchase government-approved property valued at a minimum of $400,000, or purchase shares valued at the same minimum amount in a real estate development. The investment must be maintained for a minimum of five years (resalable after 5 years).
B. Seven-year hold period
  • Applicants can make an investment of $200,000 in a government-approved luxury resort. The investment must be maintained for a minimum of seven years (resalable after 7 years).
Alternative Investment Option (AIO)
The Alternative Investment Option (AIO) will be divided in two categories:
  • Public Good Project Developer (PGPD) – projects that are fully funded by the PGPD with a minimum unit of investment of $175,000. At the end of the agreement, the State retains the ownership of the asset.
  • Private Enterprise Developer (PED) – applies to build or funded assets that are privately owned with a minimum unit of investment of $200,000.
Benefits
  • Obtain passport within 4-6 months.
  • A St. Kitts and Nevis passport allows visa-free or visa-on-arrival travel to 165 destinations including Hong Kong, Russia, Singapore, the UK, and Europe’s Schengen Area.
  • St Kitts and Nevis citizens can get a 10-year tourist visa to USA.
  • Citizenship-by-descent is available to future generations.
  • A passport is issued for 10 years. And for children under 16 years of age, passport is valid for 5 years (then it can be renewed at any consulates where you live).
  • Easy links to Europe and USA (direct flights).
  • You have the right to take up residence in St. Kitts & Nevis at any time and for any length of time.
  • Applicants are able to include a spouse of the opposite sex, children under 30, parents, grandparents aged 55 and over, and unmarried dependent siblings under 30 with no children, as well as to add dependents after they have been granted citizenship.
  • St. Kitts and Nevis is an attractive location for owning a second home, with good air links to Europe and North America.
  • Dual citizenship is allowed by the nation (your home authorities are not notified of Saint Kitts citizenship).
  • Investment could be retained after 5-7 years.
  • There is no minimum stay required.
  • There is no minimum visit to the country required.
  • No requirements for interview, language and knowledge of the country tests to get the citizenship.
  • Investment required only after citizenship application approval.
  • Children born after granted citizenship can be registered by ministry of national security.
  • The Saint Kitts and Nevis passport is popular and recognizable around the world, since the program of issuing citizenship in exchange for investment has been working in the state for more than 30 years.
  • Citizens by investment have the right to register a company in St Kitts and Nevis; the beneficial owner’s data is not entered in the commercial register.

WHY INVEST IN ST KITTS:

  • St. Kitts and Nevis is a member of the Commonwealth, which entitles citizens to certain privileges in the UK and other Commonwealth countries.
  • An English speaking, educated, and trainable workforce.
  • St Kitts and Nevis is a mesmerizing twin-island country located in the Caribbean. It is famous for its beauty.
  • Volcanic formation, and pristine beaches. With its sunny and sandy beaches, strong and modern national infrastructure.
  • Bustling trade and tourism economy.
  • St Kitts is big on festivals and the biggest and best is the St Kitts Music Festival held in June each year.
  • Highest literacy rates in the region (98%).
  • Family loyalty is important and in many households more than one generation live together.
  • No personal income tax.
  • Stable and fixed currency pegged to USD.
  • It is the financial capital of the Eastern Caribbean.
  • Well-regulated financial services sector.
  • Soft tax law as Taxes within the country are minimal.
  • No taxation on wealth, gift, inheritance, capital gain or income received outside of its borders.
  • No imposed taxes on non-residents.
  • Direct flights to Europe and North America.
  • The average temperature in St Kitts ranges from 25°C in January to around 28°C between June and October.
  • Stable political Environment.
  • Flexible and well-tailored concessions for large and small investment projects.
  • Steady sea and air transportation to major markets and destination.

ABOUT ST KITTS AND NEVIS:

  • Official Name: Federation of Saint Christopher and Nevis
  • Form of Government: Federal parliamentary democracy, with the British monarch as head of state
  • Capital: Basseterre
  • Population: 54,821
  • Official Language: English
  • Currency: East Caribbean Dollars (XCD)
  • Area: 261 km²
  • Education: Free& Mandatory for the first 12 years Literacy rate 98% Lack of qualified Teachers- No Universities in the Nation
  • Culture: Grounded on British Traditions- Most inhabitants share African Cultures Literature & Arts Performance are cultural Symbols in St.Kitts
  • Environment: Island, Volcanic Mountains, tropical forests Located on the Caribbean Sea, Borders with the Atlantic Ocean Deforestation, Erosion and water Pollution.
  • Health Care: Adequate level of Healthcare, No national Health Insurance- No Private Hospitals-
  • Taxation: 10-17%
  • Tourism: Touristic Area- The Twin Island Economy is based on its tourism
  • Weather: Tropical Climate
  • Politics: Stable
  • Schengen: Not a member
  • Religion: Christianity ( Anglican)

QUALIFICATION & INVESTMENT CRITERIA:

  • Main applicant must be at least 18 years old.
  • Clean Criminal Record.
  • Be of outstanding character.
  • Have excellent health.
  • Proof of source of wealth: documents providing from where the wealth has been derived.
  • Proof of source of investment funds: supporting with bank statements for last 12 months, owned properties contracts…
  • Marriage certificate.
  • Birth certificates for Dependent children under the age of 30.
  • Birth certificates for Dependent parents above the age of 55.
  • Document proving Unmarried siblings under the age of 30 are financially dependable on applicant or spouse.
  • Valid passport.
  • Photos passport.
  • Must undergo due diligence checks to gain approval by the government.
  • No requirement to travel to St. Kitts & Nevis during the application process.
Governmental fees for Sustainable Growth Fund Donation
  • $25,000: Spouse
  • $10,000: Per additional dependent
Due Diligence fees for Sustainable Growth Fund Donation
  • $7,500: Due diligence of main applicant
  • $4,000: Due diligence for dependent over 16
  • $4,000: Due diligence for financial dependent
  • Additional fees for Sustainable Growth Fund Donation
  • $250 Application processing fees (per applicant)
  • $350 Passport application fees (per applicant)
Fees for Alternative Investment Option (AIO)
Same application, processing and due diligence fees as the real estate option
Real estate investment Governmental registration fees
  • Main Applicant $35,050
  • Spouse $20,050
  • Child 16 & over $10,050
  • Child 10 – 15 $10,050
  • Child under 10 $10,050
  • Parents of Main Applicant or Spouse $10,050
  • Siblings of Main Applicant or Spouse $40,050
Real estate investment due diligence fees
  • Main Applicant $7500
  • Spouse $4000
  • Child 16 & over $4000
  • Child 10 – 15 $0
  • Child under 10 $0
  • Parents of Main Applicant or Spouse $4000
  • Siblings of Main Applicant or Spouse $4000
Additional fees for real estate investment
BANKER'S DUE DILIGENCE FEES
  • Main Applicant $200
  • Spouse $100
  • Child 16 & over $100
  • Child 10 - 15 $50
  • Child under 10 $0
  • Parents of Main Applicant or Spouse $100
  • Siblings of Main Applicant or Spouse $100
PASSPORT APPLICATION FEES $355 / applicant
APPLICATION FEES $250 / applicant
Lawyer fee: Averages $6,000 per application depending on family members
Courier charges, Bank transfer, Translation, Notary etc. $1,000

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