St Kitts and Nevis Citizenship by Investment
The Federation of St Kitts and Nevis has a highly respected Citizenship by Investment Program that offers citizenship to investors through either the purchase of real estate on either St Kitts or Nevis, or through a substantial donation to charity.
Why Get Dual Citizenship in St Kitts and Nevis?
The passport of St Kitts and Nevis allows the holder to enter over 100 countries without need of a visa. Contact Coldwell Banker on St Kitts or Nevis for a complete list of such countries.
Some wealthy individuals are able to achieve better tax efficiency through dual nationality, as in St Kitts and Nevis there is no personal income tax.
Business persons travelling to global hotspots concerned about being targeted if they travel on their normal passports may prefer to travel on a passport from the less controversial Nation of St Kitts and Nevis.
The St Kitts and Nevis Passport also allows the holder to live, work and buy property and real estate in any of the 8 countries in the OECS (Organisation of Eastern Caribbean States) without the need for residency or work permits or alien landholding license fees.
Non Citizens who wish to live and work in St Kitts and Nevis can avoid having to apply for annual work and residency permits by upgrading to the status of Citizenship by Investment under this program.
What Investment do Nevis and St Kitts Require?
Citizenship may be obtained by either donating a minimum of US $250,000 to a Government established charity called the SIDF or by buying real estate in St Kitts or Nevis in
one of the approved projects with a minimum investment of US $400,000. Most of our clients prefer the real estate option as they can sell the real
estate after 5 years to re-coup their investment. Coldwell Banker currently offer properties that qualify for citizenship varying in price from
US $400,000 to US $ 6 million.
View Listings that qualify for Economic Citizenship in St Kitts and Nevis.
View THE KINGFISHER CLUB that qualifies for Economic Citizenship in St Kitts and Nevis.
What is the Process to Obtain Citizenship by Investment?
Coldwell Banker's office on St Kitts and Nevis will guide you through the whole process including selecting the right property, assisting you to complete the citizenship application through our associated authorized CIU agent and will act as your escrow agent to make sure that all your payments for you property purchase, Government fees and application fees are all made in a timely fashion.
What are the Government Fees for Citizenship by Investment?
1. Due Diligence for Application
US $7,500.00 for due diligence and processing fees for the main applicant.
US $4,000.00 for due diligence background checks and processing fees for each dependent over 16 years.
2. Real Estate Option for Application
Minimum Investment required is US $400,000.00
Cost on approval in principle of an application:
US $50,000.00 for the main applicant
US $25,000.00 for the spouse of main applicant
US $25,000.00 for each child of the main applicant under 18 years
US $50,000.00 for each qualified dependent of the main applicant over 18 years other than his spouse
3. Sugar Industry Diversification Foundation Contributions
The amounts below are inclusive of all Government fees payable for the main applicant and his or her dependents with the exception of due diligence background fees.
US $250,000.00 for Single Applicant
US $300,000.00 for Applicant with up to three dependents
US $350,000.00 for Applicant with up to five dependents
US $450,000.00 for Applicant with up to seven dependent
US $50,000.00 for additional contribution for each dependent above seven dependents
The fee for each Certificate of Registration is US $47.00.
What are the Coldwell Banker Fees for Citizenship Application?
In addition to the Government fees, Coldwell Banker charges a single applicant US$20,000 and US$10,000 for each additional dependent. These applications are processed through our authorized Citizenship by Investment Unit Agent at no additional cost.
Other Fees may apply for Citizenship by Inversment?
For clients that want citizenship through St Kitts or Nevis real estate purchase, there are legal fees of 1-2% of the purchase price to register Title to the purchased property. In most developments the alien landholding License fee to Government of 10% of the purchase price has been waived. However this may still be levied in some properties.