Investment-Based Citizenship Program in St. Kitts and Nevis for the year 2024
The St Kitts and Nevis Citizenship by Investment (CBI) Program, a popular option for high-net-worth individuals seeking global mobility benefits, has undergone significant updates as of mid-2023 and will continue through 2025.
The program now requires passing an interview at the consulate or the nearest embassy, and the principal applicant and participants must be present in person at the interview. Mandatory fingerprinting is also part of the updated process.
Investors now have two main investment options: a minimum investment of $250,000 via the Sustainable Island State Contribution (SISC), a non-refundable donation route, or investing at least $325,000 in approved real estate shares, which must be held for a minimum of seven years after citizenship is granted.
The program offers four investment pathways: SISC donation, approved real estate shares, purchase of an approved private house, and contributions to Public Benefit Projects (PBO). Eligibility criteria require the main applicant to be over 18 years, have no criminal record, be of excellent character, not bankrupt for 10 years, and able to make a qualifying investment.
Family inclusion rules allow spouses, dependent children (under 18, full-time students aged 18-25, or physically/mentally challenged), and dependent parents or grandparents over 55 to be included in the application. Nationals of Iran, Iraq, North Korea, Afghanistan, Russia, and Belarus are restricted unless they have lived outside their country for at least ten years without ties to it.
Due diligence has been strengthened, including mandatory background checks and proof of legal funds, plus mandatory interviews (virtual or in-person) for applicants and dependents aged 16+. While there are currently no physical residency requirements, proposals announced in 2025 may introduce stricter physical presence obligations for applicants and long-term residents, alongside biometric data collection.
Government fees and additional passport fees apply, such as $25,000 for the main applicant, and smaller fees for dependents and spouses, with a passport issuance fee of $350 per person. The program's reforms aim to balance increased security and compliance with maintaining its attractiveness for high-net-worth investors.
The St Kitts and Nevis CBI Program provides a high quality of life, worldwide mobility, and a lucrative investment resource. The country offers reasonable living conditions, business opportunities, sandy beaches, picturesque nature, and mountain peaks. One of its benefits is being a tax haven.
Holders of the St Kitts passport can travel to nearly 150 countries visa-free. Investing money only after the application is approved is an advantage for those who want to minimize risk. Six 35 x 45 mm photographs taken not earlier than six months ago, a copy of the marriage certificate certified by a notary, a letter of recommendation in two copies from a banking institution and a legal entity, and a medical certificate on the state of health of the depositor are required for the application process.
Adding close relatives to the program is possible at any time after the application is accepted and will require an additional fee. The Federation of St. Christopher and Nevis, a sovereign state comprising two islands, provides an opportunity for equal rights and benefits to each applicant.
[1] St Kitts and Nevis Citizenship by Investment Unit [2] Citizenship by Investment Programme [3] St Kitts and Nevis CBI Programme [4] St Kitts and Nevis Citizenship by Investment Program [5] St Kitts and Nevis Investment Immigration
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