{"id":649,"date":"2014-04-25T18:11:50","date_gmt":"2014-04-25T18:11:50","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?page_id=649"},"modified":"2018-11-21T10:59:21","modified_gmt":"2018-11-21T15:59:21","slug":"saint-kitts-nevis-investor-citizenship","status":"publish","type":"page","link":"https:\/\/www.investmentimmigration.com\/saint-kitts-nevis-investor-citizenship\/","title":{"rendered":"Saint Kitts & Nevis Investor Citizenship Government Policy"},"content":{"rendered":"
\"Saint

Saint Kitts & Nevis Investor Citizenship<\/p><\/div>\n

Saint Kitts & Nevis Investor Citizenship<\/strong><\/h2>\n

The Citizenship-by-Investment Program in St. Kitts and Nevis was established in 1984. The Saint Kitts & Nevis Investor Citizenship\u00a0Program is currently the oldest such program in the world.<\/p>\n

The Saint Kitts & Nevis Investor Citizenship\u00a0Unit follows rigid investment requirements and conducts meticulous due diligence in order to attract investor citizens of good character.<\/p>\n

Saint Kitts & Nevis Citizenship by Investment is available under two different options for investors above the age of 18 years:<\/p>\n

    \n
  1. Investment in Real Estate<\/li>\n
  2. Investment in the Sugar Industry Diversification Foundation.<\/li>\n<\/ol>\n

    Investment in Real Estate<\/strong><\/h2>\n

    The investor must invest at least US $400,000 in designated real estate. \u00a0In case of a joint investment, each investor should contribute the minimum amount required.<\/p>\n

    Designated real estate is approved on an ongoing basis after an application by the Developer and a comprehensive review by the Government. The final decision is made by government Cabinet.<\/p>\n

    The investor will also have to bear other costs associated with the purchase of real estate such as compulsory insurance fund contributions, conveyance fees, and other charges of approximately 4% to 5% of the purchase price.<\/p>\n

    Upon approval in principle of an application for real estate investment, the following fees are payable to the Government of St. Kitts and Nevis:<\/p>\n\n\n\n\n\n\n
    Main Applicant<\/td>\n\u00a0US$ 50,047.00<\/td>\n<\/tr>\n
    Spouse<\/td>\n\u00a0US$ 25,047.00<\/td>\n<\/tr>\n
    Each child of main applicant under the age of 18<\/td>\nUS$ 25,047.00<\/td>\n<\/tr>\n
    Each qualified dependent of main applicant abovethe age of 18 (other than spouse)<\/td>\nUS$ 50,047.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    **<\/span>Children aged above 18 years but under age 25 may be considered a dependent if fully supported by their parents and studying full time in a recognized educational institution.<\/p>\n

    Investment in the Sugar Industry Diversification Foundation<\/strong><\/h2>\n

    The SIDF (The Sugar Industry Diversification Foundation) is a public charity that is audited by PricewaterhouseCoopers. The investor has four different options.<\/p>\n\n\n\n\n\n\n\n\n
    Category<\/td>\nContribution<\/td>\n<\/tr>\n
    Single Applicant<\/td>\nUS$ 250,000<\/td>\n<\/tr>\n
    Applicant with a spouse and two children below 18 years
    \n(up to three family members)<\/td>\n    		US$ 300,000<\/td>\n<\/tr>\n
    Applicant with a spouse and four children below 18 years
    \n(up to five family members)<\/td>\n    		US$ 350,000<\/td>\n<\/tr>\n
    Applicant with up to seven family members<\/td>\nUS$ 450,000.<\/td>\n<\/tr>\n
    Over and above the seven dependents,unmarried dependent children aged above 18 years and
    \nbelow 25 years can be included at additional fee of<\/td>\n    		US$ 50,000.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    The contribution includes all government fees except for due diligence fees.<\/p>\n

    Due Diligence Fees, Background Check Fees, and Processing Fees<\/strong><\/p>\n\n\n\n\n
    Main Applicant<\/td>\n\u00a0\u00a0\u00a0 US$7,500.00<\/td>\n<\/tr>\n
    Dependents above 16 years<\/td>\n\u00a0US$\u00a04,000.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    Permitted Dependents<\/strong><\/p>\n