St Kitts and Nevis Citizenship by Investment

The St Kitts and Nevis citizenship by investment programme was established under the guidelines of the 1984 Saint Christopher and Nevis Citizenship Act. It is known to be the most established programme in the industry. The CIU overlooks and regulates the citizenship by investment programme in St Kitts and Nevis. In order to apply, applicants are required to make a donation or investment in real estate.

The Federation of St Kitts and Nevis is a two island country located in the Eastern Caribbean region 1200 miles away from Miami. St Kitts and Nevis is recognised for its well-known offshore banking sector and is a favourite hotspot for tourists.

Benefits

Visa free travel to over 120 countries including Schengen region, UK, Hong Kong and Singapore.
No residency requirements.
No interview requirements.
No language requirements.
Citizens are allowed to work and reside in St Kitts and Nevis.
Limited taxation: no wealth, gift, foreign income or capital gains tax.
Completely private application process.
No Education or work experience requirements.
Dual citizenship is allowed.

Facts

International airport with direct flights to Miami and London Gatwick.
Access to championship golf courses on the island.
Home to a Caribbean Premier League cricket team.
Several international branches operate in St Kitts and Nevis: Bank of Nova Scotia, First Caribbean International Bank and Royal Bank of Canada.
Nevis is home to over 140 species of birds.
The famous Ross University School of Veterinary Medicine is located on the island of St Kitts.
The capital of St Kitts is Basseterre.
St Kitts and Nevis is a sovereign state that gained independence from the UK in 1984.
The country is a member of the Commonwealth Realm.
Queen Elizabeth II is the head of state.

Economy

St Kitts and Nevis predominantly has a service sector based economy. The economic citizenship programme is known to contribute a significant amount of finance into the country’s economy. The Sugar industry diversification fund has supported various government projects. The projects have provided valuable training and skills to Kittitians and Nevisians. The official currency of the country is the Eastern Caribbean dollar.

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Investment options

An applicant must invest in one of the two options below in order to apply for citizenship:

Donation in the Sustainable Growth Fund
Investment in real estate

Donation in the Sustainable Growth Fund

Single Applicant

Required Contribution: $125,000
Due Diligence: $7,500

Applicant and Spouse

Required Contribution: $150,000
Due Diligence: $11,500

Family (2 Adults & 2 Children)

Required Contribution: $170,000
Due Diligence: $11,500

* Fees are subject to change

Investment in Real Estate

Single Applicant

Required Investment: $200,000
Due Diligence: $7,500
Government Fees: $35,000

Applicant and Spouse

Required Investment: $200,000
Due Diligence: $11,500
Government Fees: $40,000

Family (2 Adults & 2 Children)

Required Investment: $200,000
Due Diligence: $11,500
Government Fees: $60000

* Fees are subject to change

Process

Initial Stage

An initial internal due diligence check will be carried out on each applicant to assess their suitability for the St Kitts and Nevis citizenship programme.
A deposit payment will be required providing the client passes the initial due diligence stage.

Client On Boarding Stage

AIM Capital Partners will require clients to scan all documents to their client relationship manager in order to ensure the documents have been prepared in the correct manner. Guidance will be provided to the applicant throughout the process.
Thereafter, the team will prepare your application and submit it to the citizenship unit.

Submission Stage

AIM Capital Partner will submit the citizenship application once the file is ready for submission.
Within 1-2 weeks, the company should receive the submission acknowledgment letter from the unit.

Due Diligence Process

The government will carry out a strict due diligence on each applicant and receive reports from several due diligence agencies in order to ensure all applicants are of good character.
This process will take around 3- 4 months.

Approval or Rejection Stage

The citizenship unit will meet to assess the due diligence results and citizenship application.
Thereafter, the unit will inform AIM Capital Partners whether the application has been approved or disapproved.
If the application is successful, the application will be approved in principal.

Approval in Principal

The citizenship unit will issue the certificates of citizenship and thereafter an application will be submitted for the passports.

General Requirements

Main applicant should be at least 18 years old.
Applicant should have no previous criminal record and be of good character.
Applicants should be in good health.
Applicant should be able to make the full investment.
Applicant should not have been rejected a visa from a country, which has a visa free travel agreement with Saint Kitts & Nevis. All visa rejections must be disclosed.

Eligibility of Dependents

A spouse of the main applicant.
Children under the age of 18 of the main applicant or spouse.
Children between the age of 18 -30 and are fully supported by the main applicant.
A child of the main applicant who is physically or mentally challenged. The dependent must be fully supported by the main applicant.
Parents or grandparents of the main applicant or spouse above the age of 55 living with and fully supported by the main applicant.
Siblings under the age of 30 of the main applicant or spouse. Siblings must be childless and not married in order to qualify as an adult dependent.