The St. Kitts & Nevis Citizenship by Investment Program is the oldest citizenship by investment program in the world, established in 1984 under the regulations of the 1984 Citizenship Act, Part II, Section 3 (5).
Through this program you can become a citizen by investing in the most sought after options given below:
The SISC provides discerning investors the option to contribute to their new nation. It’s a sustainable and secure solution for intelligent investors who want to make a smart move. All contributions are payable to the Federal Consolidated Fund.
The minimum SISC required by law is as follows:
- Main applicant or family with up to four persons: US $250,000
- Each additional dependant under 18: US $25,000
- Each additional dependant aged 18 or over: US $50,000
Moreover, upon submission of application, the non-refundable due diligence and processing fees to be paid are US$ 10,000 for the main applicant, US$7,500 for dependent over the age of 16.
The minimum real estate investment in an Approved Development is US$325,000 (re-saleable after seven years) to be paid to the developer for each main applicant.
Moreover, upon submission of application, the non-refundable due diligence and processing fees to be paid are US$ 10,000 for the main applicant, US$7,500 for dependent over the age of 16.
When an application made through a real estate investment is approved, Government fee applies:
- Main applicant: US$ 25,000
- Spouse of the main applicant: US$ 15,000
- Any other qualified dependent of the main applicant under 18 years: US$ 10,000
- Any qualified dependent aged 18 and over: US$ 15,000
- In addition, there are other purchase costs such as compulsory insurance fund contribution, and conveyance fees)