Citizenship-by-Investment in St. Kitts and Nevis
St. Kitts and Nevis Citizenship-by-Investment Program is one of the top rated options for obtaining second citizenship and passport.
Using Offshore Advisor services for this program gives you strong benefits:
- Individual approach and high quality service;
- Reasonable cost of legal assistance;
- Duly licensed and reputable agent handles your citizenship application;
Benefits of Acquiring St. Kitts and Nevis Citizenship
- Your St. Kitts citizenship is full irrevocable citizenship for your lifetime;
- Good international image of the country extends your investment, entrepreneurial and employment abilities;
- Visa-free access to the first world countries, including Canada, Schengen States, United Kingdom, Switzerland, Hong Kong and most British Commonwealth member countries;
- Safe passport for traveling to specific countries;
- Extra protection for assets and privacy;
- Change of name is legally available;
- Better choice of places to live;
- No personal income tax;
- No tax on gift, wealth and inheritance, no estate duty, no long-term capital gains;
- No need to renounce your current citizenship(s);
- No prior residence requirements, you are entitled to apply instantly;
- You have a choice of investment form: cash donation or investment in real estate;
- You make investment after your application is approved, not before;
- The program is based on the law and is guaranteed by the Government;
- The oldest and the most respected program of all currently existing economic citizenship programs, being in existence since 1984;
- St. Kitts citizenship and passport are insurance for you and your family against unexpected personal, political or economical strife.
Travel Visa Requirements for Citizens of St. Kitts & Nevis
Saint Christopher and Nevis: Country Profile
The Federation of Saint Kitts and Nevis, also known in its Constitution as the Federation of Saint Christopher and Nevis, is a small two-island nation in the Caribbean Basin.
This is exactly that kind of luxuriant tropical paradise associated with the South Pacific: sunlight, beaches, sea air, lush vegetation, spectacular scenery, mellow culture and friendly atmosphere.
These were the first islands in the Caribbean settled by the Europeans and home to French and UK colonies followed Columbus.
In 1983, the islands were granted independence from the United Kingdom. The Government is represented by parliamentary democracy and federal constitutional monarchy. Queen Elizabeth II is the head of the state, represented by a Governor general, and Prime Minister is the head of the Government.
The capital city of Basseterre and the governmental headquarters are located on the bigger island of St. Kitts. The smaller island of Nevis lies about 2 miles (3 km) southeast of St. Kitts.
The total area of St. Kitts and Nevis is about 100 square miles (260 sq km). It is a home to approximately 42,000 people, predominantly of African descent, with about 15,000 living in Basseterre. Judiciary system is based on English common law. English is the official language. The predominant religion is the Christian faith, with smaller communities of Rastafarian, Orthodox and others. The currency is the Eastern Caribbean Dollar (XCD or EC$), which is very stable and has an exchange rate of EC$ 2.67 for US$ 1.00.
St. Kitts and Nevis maintains diplomatic relations with Canada, Cuba, France, Russia, South Korea, Taiwan, UK, USA, as well as with many Latin American countries and Eastern Caribbean states. It is a member of the British Commonwealth, United Nations, World Bank, International Monetary Fund, Organization of American States, Organization of Eastern Caribbean States, Eastern Caribbean Regional Security System (RSS), and CARICOM. The Eastern Caribbean Central Bank is also headquartered in St. Kitts.
The islands have a well-developed infrastructure with good inter island and international connections:
- Cable & Wireless serves land telephone lines making available direct dialing, leased circuits, Internet, voice mail, ISDN and DSL services. Cellular phone service is represented by Cable & Wireless St Kitts & Nevis Limited (GSM 850/1900) and Wireless Ventures (St Kitts-Nevis) Limited (Digicel St Kitts & Nevis) (GSM 900/1800). Internet services are also available at all hotels and from Internet cafes in the city. Broadband connections (DSL & Cable) are also available, as are web developing and hosting technology.
- The Cable system provides at least 53 Cable TV Channels, including the local broadcasters ZIZ, CNN, ESPN and BBC.
- Modern ambulatory services, specialists in most fields of medicine and 911 services are available. There is no particular health concern associated with St. Kitts and no special vaccines are usually required.
- The water, being collected from mountain springs and chemically treated for purification, is of good quality and suitable for drinking.
- Electricity is served by a 230-volt single-phase supply, but a 115-volt supply is also available in most hotels.
- Public Transportation consists of mini-buses and taxis.
The program was established in 1984 and is based on the Chapter VIII (Sections 90-95) of the Constitution, and Section 3 (5) of the Citizenship Act, 1984 (No. 1 of 1984), stipulated any person can apply for naturalization and may be eligible for citizenship on payment of prescribed fees, if the Cabinet is satisfied that such person has invested substantially in St. Kitts and Nevis.
No applicants with criminal records will be approved for St. Kitts citizenship.
All applicants for the economic citizenship must have a local licensed promoting agent.
Costs and Expenses
There are two types of the qualifying contribution for the purposes of the St. Kitts and Nevis Citizenship-by-Investment Program:
a. Cash donation to the Sugar Industry Diversification Foundation (SIDF option), and
b. Investment in real estate, one of government-approved real-estate developments (real-estate option).
Beginning with the 1st of January 2012, the following requirements apply.
The SIDF option involves US$ 250,000 to US$ 400,000 and higher donation amount, depending on the number of applying members of the family, and due diligence fees of US$ 7,500 for the main investor and US$ 4,000 for other applicants in the age of 16 and over. Certain professional fees are to be paid additionally to cover the agent’s service fee, cost of application booklets, certificates of citizenship and passports, courier delivery and other disbursements.
The minimum value of investment qualifying you and your family under the real-estate option is US$ 400,000. There’s a nice choice of luxury villas and apartments in several resort development projects approved by the government of St. Kitts and Nevis. You can resell this property in five years, though it will do qualify the next buyer for citizenship.
The registration fees under the real-estate option are US$ 50,000 for the head of the household (male or female) or any other adult, US$ 25,000 for either spouse, US$ 25,000 for each child under 18 years, and US$ 50,000 for unmarried dependent child of the applicant between the ages of 18 and 25. Due diligence fees are US$ 7,500 for the main investor and US$ 4,000 for other applicants in the age of 16 and over. Same professional fees of the citizenship agent apply and vary from case to case.
Extra expenses associated with the purchase of real estate include fees for the real estate closing, insurance, tax on land and property.
Due diligence and professional fees, associated with your participation in the Citizenship-by-Investment program, are to be paid first. Upon receipt of your payment, the resident agent in St. Kitts will start preparation of your application, assist you with gathering personal documents and lead you through the whole process.
You are required to transfer the funds designated for donation to SIDF or purchase of real property to a special escrow account. The funds are not leaving this account until your application is approved. In case your application is rejected, you will be refunded.
Background investigation is being conducted by an independent detective agency and is normally a time-consuming process, and the needed time depends on your particular circumstances (for example, on how many countries are involved in verification procedure, etc.).
Upon the final approval of your application by authorities of St. Kitts and Nevis, a Certificate of Registration is being issued in your name. On the basis of this certificate, your agent will apply for your passport. As soon as the passport is ready, it will be forwarded to you along with the Certificate of Registration by courier delivery.
The law provides for the applications to be processed within 6 months, currently it takes approximately 4 months.
“Citizenship-by-Investment in the Federation of St. Kitts and Nevis 2012″ (PDF, 258K)
The guide includes step-by-step description of the application process and the list of required documents.
How to Proceed
To initiate the process or get more information on how to apply for St. Kitts citizenship, please contact us by any available means. To get a quotation of costs for you and your family, use our simple quotation form.