Government fees

 

Charity donation

 

Additional dependents, regardless of age: US$ 25,000

Due diligence fees:

Main applicant US$ 7,500

Dependent above 16 years: US$ 4,000

 

 

Real estate investment

 

Main applicant: US$ 50,047

Spouse of the main applicant: US$ 25,047

Dependent under 18 years of age: US$ 25,047

Due diligence fees:

Main applicant US$ 7,500

Dependent above 16 years: US$ 4,000

•St. Kitts & Nevis Citizenship

Saint Kitts and Nevis is a dual-island nation situated between the Atlantic Ocean and Caribbean Sea. The Government of St. Kitts and Nevis has a long-running “Citizenship-by-investment” programme attracting foreigners who make a substantial contribution to the development of the country. Investors along with any family members can directly qualify for citizenship through investment, either by making a donation or investment in real estate purchase.

Philippines Special Resident Retiree's Visa

 

 

Resale:

  • A property purchased under the Private Home plan shall not be resold for a period of at least 5 years
  • The sold property does not qualify for use in a subsequent Citizenship by Investment application

 

Government Fees:

  • Real Estate government fees apply to all sales of private property

 

Alternative Investment Option

The Alternative Investment Option (AIO) is a third form of investment under the Citizenship by Investment Programme. The AIO will provide the Government with the means of achieving its capital investments goals without having to endure the drawbacks associated with the use of its existing limited resources or from taking additional debt.

 

Potential projects should be identified and listed by the Government or can be brought forward by private individuals with access to financing who approach the Government with potential projects not on the Government’s infrastructure list. However, the asset when completed and operated for a reasonable period of time (that allows for a reasonable return on investment) must be turned over to the Government in a maintained condition consistent with prudent ownership.

For those projects on the Government’s infrastructure list, they can be advertised seeking expressions of interest for initial review by the Government and the creation of individual project “short lists”. The Government will endeavour to ensure that to the extent practicable, shortlisted companies will not only maximize local employment but also embark upon programs including transfer of technology and capacity building.

 

There will be two categories of AIO:

  • A Private Enterprise Developer (PED), where the built or funded asset is privately owned. In this option, the minimum Unit of Investment will be US$ 200,000.00 and standard real estate government fees will apply.
  • A Public Good Project Developer (PGPD), where the State owns the asset at the end of an agreement. These projects are fully funded by the PGPD and locked in “up front”. The minimum Unit of Investment will be US$ 175,000.00 and a government fee of US$ 50,000.00 will apply for a single applicant or up to a family of four. All other fees will apply as per the real estate option.

General information and advantages

 

Owing to the extended turn-around time of third-party due diligence providers, applicants from the following countries will not be eligible for the AAP (The Accelerated Application Process):

  • Republic of Iraq,
  • Republic of Yemen,
  • Federal Republic of Nigeria

Investment requirements

 

The Sustainable Growth Fund (SGF)

Via SGF, your contribution is made directly to a government-held fund, with the Citizenship by Investment Unit (CIU) being able to check receipt immediately and speed up the application process. The Sustainable Growth Fund represents the ongoing advancement of St Kitts and Nevis to realise its potential as a prospering small-island nation with an accelerating economy. Your investment will enhance your future, as well as the future of St Kitts and Nevis.

 

Real Estate Developments

Applicants may qualify for citizenship through an investment in a pre-approved real estate project, which may include hotel shares, villas, and condominium units. The minimum real estate investment required by law is US$200,000 (resalable after 7 years) or US$400,000 (resalable after 5 years) for each main applicant.

 

Upon submission of an application, non-refundable due diligence and processing fees must also be paid. These fees amount to US$7,500 for the main applicant, and US$4,000 for each dependant of the main applicant who is over the age of 16 years.

On approval in principle of an application made through a real estate investment, a Government fee applies, as follows:

  • Main applicant: US$35,050
  • Spouse of the main applicant: US$20,050
  • Any other qualified dependant of the main applicant regardless of age: US$10,050

 

In addition to these fees, real estate buyers should be aware of purchase costs (mainly compulsory insurance fund contributions and conveyance fees).

 

Private Home Sales

The sale of private homes under the Citizenship by Investment Programme will be allowed for a period of two years, starting 1 November 2020 to 1 November 2022.

 

Qualifying property:

  • All homes having an appraised value of more than USD 400,000.00
  • The property shall be owned by certificate of title, by the vendor
  • The value of the land shall not be included in determining the value of the home
  • A single-family home shall be sold as one unit and shall not be converted to apartments or condominiums or otherwise divided for sale under the Citizenship by Investment Programme
  • An apartment building or more than one apartment building on the same piece of land shall be sold as one unit and shall not be divided
  • The use of shares is prohibited

 

 

St. Kitts and Nevis 60 days accelerated process:

 

Main Applicant: US$ 25,000

Dependent above 16 years: US$ 20,000

 

Note: Additional costs apply for dependents and family members and vary with the age of a person. An additional agent fee applies. Please contact us for a detailed quote and our fees

 

All the above documents must be in English, certified and authenticated by apostille

 

You will find more information on the official website of the Citizenship by Investment Programme

 

Please do not hesitate to contact us for more details.

 

Documents required:

 

  1. Police clearance certificate. If you have lived in any other country in the past ten years, you have to obtain, “certificate of no criminal record” in all the countries you have lived in the past ten years. If you are in the US, you will need to obtain police clearance from the county and the FBI. Please note that police certificates must not be older than six months at the time you lodge your citizenship application.
  2. Original birth certificate per person.
  3. Documents which are not in English must be officially translated
  4. Medical certificate with HIV clearance (not older than three months)
  5. Certified copy of marriage certificate
  6. Two reference letters from bankers, lawyers or chartered accountant (not older than three months)
  7. Six photographs approximately 35x45mm in size, taken within the past six month

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•St. Kitts & Nevis Citizenship
Philippines Special Resident Retiree's Visa
•St. Kitts & Nevis Citizenship
Philippines Special Resident Retiree's Visa