Migration Point

Saint Kitts and Nevis

Advantages

  • Children under 30 years old can be included
  • Inclusion of the applicant’s parents above 55 years old
  • No requirement to travel nor reside in St. Kitts & Nevis during the application process
  • No interview, education or management experience required
  • Allows visa-free travel to over 150 countries, including Schengen Area, UK, Hong Kong & Singapore
  • Possibility to apply for an online visa for Australia
  • No tax on worldwide income

Requirements

The candidate must:

  • Have no criminal record
  • Be in excellent health
  • Have high personal net worth
  • Make a monetary contribution to the Sustainable Growth Fund, or an investment in a government-approved real estate development

Process

  • Application takes an average of 4-6 months
  • Completion of application forms and submission through an authorized agent
  • Provision of certificate of no criminal convictions
  • Medical examination
  • The process is simple, and only basic information is required from the applicant

Investment Options

Sustainable Growth Fund:

  • USD150,000 for a Single Applicant
  • USD175,000 for the Main Applicant and Spouse
  • USD195,000 for a family of four
  • USD10,000 for each additional dependent, regardless of age

Real Estate Property Investment:

  • The property purchased must have a minimum value of USD200,000 in a government-approved real estate development
  • The property must be owned and maintained for a minimum of 7 years
  • Property registration, processing fees and taxes must be paid in addition to the property purchase

Other Fees

  • USD 7,500 – Due diligence fees for the main applicant
  • USD 4,000 – Due diligence fees for each dependent above 16 years of age
  • For Real Estate investments, separate government fees will apply to the applicant, spouse and dependents
  • Stamp duty fee is payable on the value of the Real Estate purchased, but capped at USD 10,000

Tax Advantages

  • No personal income tax, capital duty, capital acquisitions tax, inheritance/estate tax, net wealth/net worth tax
  • Property tax ranges 0,2-0,3% depending on the property’s use and location
  • Stamp duty on the transfer of real estate property ranges from 2% to 18,5% and payable by the seller
  • Tax treaties are in force with CARICOM, Monaco, Switzerland and the United Kingdom

Costs of St. Kitts & Nevis Citizenship

There are two options for qualifying contribution for the St. Kitts and Nevis Citizenship-by-Investment Program:

1) Donation – Sustainable Growth Fund (SGF)

Cash donation to the Sustainable Growth Fund (SGF option), Government Escrow Account.

Single Applicant USD 150,000
An applicant with up to 3 dependents USD 195,000
Additional fee for any dependent USD 25,000

2) Real Estate Investment

Investment in real estate through one of the Government approved real estate asset classes: freehold property with title deed; hotel shares; fractional ownership or land.

Minimum Investment (Must hold for 5 years) USD 400,000
Minimum Investment (Must hold for 7 years) USD 200,000

USD 400,000 is the minimum value of investment qualifying you and your family under the real estate option. This property can then be sold after a period of 5 years. Should the next buyer wish to obtain citizenship, they need to pay you the same USD 400,000 for the property. There is now another option where real estate at USD 200,000 plus government fees can be purchased, but this can only be resold after 7 years under the same conditions.

This means a clear resale market and a level of capital guarantee. However, there will be some legal costs associated with the real estate purchase ranging from 1 – 5% of the property value, dependent on the property type. You can also rent out, re-finance and receive utility bills from some asset classes.

Government Fees

In addition to the purchase of real estate, there are Government fees to be paid:

Main applicant USD 35,000
Spouse of the main applicant USD 20,000
Each dependant regardless of age USD 10,000
(Must be in full-time education. Over 30 years is a single applicant.)

Due Diligence & Background Checks

There are compulsory background checks payable to the Government preferred due diligence agency that will use Interpol, World-Check and other Government agencies to screen applicants based on their application.

Main applicant USD 7,500
Spouse USD 4,000
Dependents over 16 years USD 4,000

Steps of St. Kitts & Nevis Citizenship

Step 1
Our team will pre-screen your passport copy for government pre-approval. A down payment of the professional fees is required to open your application. The response is in 24-48 hours.

Step 2
Our professional team will assist and advise you with the collection of the documents required according to the Government checklist.

Step 3
Your application is then submitted together with the due diligence fees. If taking the real estate option, a reservation of your chosen property must be made at this time. The real estate investment is fully refundable should your application not get approved.

Step 4
Due diligence report is issued to the Government. Based on the report the Government makes its decision on your Citizenship application.

Step 5
Once accepted you are invited to pay the donation or if taking Real Estate option, pay the balance of your purchase is made.

Step 6
A certificate of registration, citizenship certificate and passport are issued in your name. The balance of the professional fees is then paid.

St. Kitts & Nevis Citizenship: Pros and Cons

Pros

  • Richest caribbean country renowned for tourism, beauty and holidays
  • Trusted citizenship by investment program since 35 years
  • Very Strong and powerful passport in the Caribbean.
  • Special visa free regime with Israel, South Korea, Ukraine, Turkey and Taiwan, Russia
  • No residence or physical visit required.
  • No oaths required
  • Simple and efficient application process.
  • Cheaper for very big families over 5 or 6 dependants
  • Low real estate investment (reduced to $200,000)
  • Fast track passport processing (AAP) available for additional payment. Decisions on citizenship taken within 45 days.
  • Pure tax haven with no personal income taxes.

Cons

  • Slightly expensive program
  • Real estate must be held for 7 years before selling.
  • No E-2 visa treaty with United States
  • Visa required to visit Canada, South Africa, UAE and Thailand

St. Kitts and Nevis visa waiver agreements with countries and territories

AfghanistanVisa required
AlbaniaVisa not required
AlgeriaVisa required
AndorraVisa not required
AngolaVisa required
Antigua and BarbudaFreedom of movement
ArgentinaVisa not required
ArmeniaVisa on arrival
Australia and territoriesVisa required
AustriaVisa not required
AzerbaijanVisa required
BahamasVisa not required
BahraineVisa
BangladeshVisa not required
BarbadosVisa not required
BelarusVisa not required
BelgiumVisa not required
BelizeVisa not required
BenineVisa / Visa on arrival
BhutanVisa required
BoliviaVisa on arrival
Bosnia and HerzegovinaVisa not required
BotswanaVisa not required
BrazilVisa not required
BruneiVisa required
BulgariaVisa not required
Burkina FasoVisa required
BurundiVisa required
CambodiaVisa on arrival
CameroonVisa required
CanadaVisa required
Cape VerdeVisa on arrival
Central African RepublicVisa required
ChadVisa required
ChileVisa not required
ChinaVisa required
ColombiaVisa not required
ComorosVisa on arrival
Republic of the CongoVisa required
Democratic Republic of the CongoVisa required
Costa RicaVisa not required
Côte d’IvoireVisa required
CroatiaVisa not required
CubaVisa not required
CyprusVisa not required
Czech RepublicVisa not required
Denmark and territoriesVisa not required
DjiboutieVisa
DominicaFreedom of movement
Dominican RepublicVisa not required
EcuadorVisa not required
EgyptVisa on arrival
El SalvadorVisa not required
Equatorial GuineaVisa required
EritreaVisa required
EstoniaVisa not required
EswatiniVisa required
EthiopiaeVisa
FijiVisa not required
FinlandVisa not required
FranceVisa not required
GaboneVisa
GambiaVisa not required
GeorgiaeVisa
GermanyVisa not required
GhanaVisa required
GreeceVisa not required
GrenadaFreedom of movement
GuatemalaVisa not required
GuineaVisa required
Guinea-BissauVisa on arrival
GuyanaVisa not required
HaitiVisa not required
HondurasVisa not required
HungaryVisa not required
IcelandVisa not required
Indiae-Visa
IndonesiaVisa not required
IranVisa on arrival
IraqVisa required
IrelandVisa not required
IsraelVisa not required
ItalyVisa not required
JamaicaVisa not required
JapanVisa required
JordanVisa on arrival
KazakhstanVisa required
KenyaVisa not required
KiribatiVisa not required
North KoreaVisa required
South KoreaVisa not required
KuwaitVisa required
KyrgyzstaneVisa
LaoseVisa / Visa on arrival
LatviaVisa not required
LebanonVisa on arrival
LesothoVisa not required
LiberiaVisa required
LibyaVisa required
LiechtensteinVisa not required
LithuaniaVisa not required
LuxembourgVisa not required
MadagascareVisa / Visa on arrival
MalawiVisa not required
MalaysiaVisa not required
MaldivesVisa on arrival
MaliVisa required
MaltaVisa not required
Marshall IslandsVisa required
MauritaniaVisa on arrival
MauritiusVisa not required
MexicoVisa required
MicronesiaVisa not required
MoldovaVisa not required
MonacoVisa not required
MongoliaVisa required
MontenegroVisa not required
MoroccoVisa required
MozambiqueVisa on arrival
MyanmarVisa required
NamibiaVisa required
NauruVisa required
NepalVisa on arrival
NetherlandsVisa not required
New ZealandVisa required
NicaraguaVisa not required
NigerVisa required
NigeriaVisa required
North MacedoniaVisa not required
NorwayVisa not required
OmanVisa required
PakistanElectronic Travel Authorization
PalauVisa on arrival
PanamaVisa not required
Papua New GuineaEasy Visitor Permit
ParaguayVisa required
PeruVisa not required
PhilippinesVisa not required
PolandVisa not required
PortugalVisa not required
QatareVisa
RomaniaVisa not required
RussiaVisa not required
RwandaeVisa / Visa on arrival
Saint LuciaFreedom of movement
Saint Vincent and the GrenadinesFreedom of movement
SamoaEntry Permit on arrival
San MarinoVisa not required
São Tomé and PríncipeeVisa
Saudi ArabiaVisa required
SenegalVisa on arrival
SerbiaVisa not required
SeychellesVisitor’s Permit on arrival
Sierra LeoneVisa on arrival
SingaporeVisa not required
SlovakiaVisa not required
SloveniaVisa not required
Solomon IslandsVisitor’s permit on arrival
SomaliaVisa on arrival
South AfricaVisa required
South SudanVisa required
SpainVisa not required
Sri LankaElectronic Travel Authorization
SudanVisa required
SurinameVisa not required
SwedenVisa not required
SwitzerlandVisa not required
SyriaVisa required
TajikistaneVisa
TanzaniaVisa not required
ThailandVisa required
Timor-LesteVisa on arrival
TogoVisa on arrival
TongaVisa on arrival
Trinidad and TobagoVisa not required
TunisiaVisa not required
TurkeyVisa not required
TurkmenistanVisa required
TuvaluVisa on arrival
UgandaVisa on arrival
UkraineVisa not required
United Arab EmiratesVisa required
United Kingdom and Crown dependenciesVisa not required
United StatesVisa required
UruguayVisa not required
UzbekistanVisa not required
VanuatuVisa not required
Vatican CityVisa not required
VenezuelaVisa not required
VietnamVisa required
YemenVisa required
ZambiaVisa not required
ZimbabweVisa not required
Denmark Territories
Faroe IslandsVisa not required
GreenlandVisa not required
Netherlands Territories
ArubaVisa not required
Caribbean NetherlandsVisa not required
CuraçaoVisa not required
Sint MaartenVisa not required
UK Territories
Akrotiri and DhekeliaVisa not required
AnguillaVisa not required
BermudaVisa not required
British Indian Ocean TerritorySpecial permit required
British Virgin IslandsVisa not required
Cayman IslandsVisa not required
Falkland IslandsVisa required
GibraltarVisa not required
MontserratVisa not required
Pitcairn IslandsVisa not required
Ascension IslandeVisa
Saint HelenaVisitor’s Pass required
Tristan da CunhaPermission required
South Georgia and the South Sand Permit required
Turks and Caicos IslandsVisa not required
US Territories
American SamoaVisa required
GuamVisa required
Northern Mariana IslandsVisa required
Puerto RicoVisa required
U.S. Virgin IslandsVisa required
China Territories
Hong KongVisa not required
MacauVisa on arrival
French Territories
French GuianaVisa not required
French PolynesiaVisa not required
French West IndiesVisa not required
MayotteVisa not required
New CaledoniaVisa not required
RéunionVisa not required
Saint Pierre and MiquelonVisa not required
Wallis and FutunaVisa not required
New Zealand Territories
Cook IslandsVisa not required
NiueVisa not required
TokelauVisa required
Other
KosovoVisa not required
Northern CyprusVisa not required
PalestineVisa not required
Taiwan (ROC)Visa not required

Source: Wikipedia
Last updated: Feb 21, 2020