St Kitts and Nevis Citizenship: Freedom to Travel and New Opportunities

06.10.2024

The St. Kitts and Nevis Citizenship by Investment Program is the oldest in the world, founded in 1984.

Investors can choose from several options to obtain citizenship:

Contribution to the federal consolidated fund from $250,000.

Investors in St. Kitts and Nevis make a contribution to the federal consolidated fund for a family of up to 4 people $250,000.

Cost of contributions for family members

$25,000 for each child under 18
$50,000 for each family member over 18

The funds are directed to the development of healthcare, education, tourism, culture and alternative energy. It is important to note that it is impossible to return the contribution or receive income from investments in the fund.

Real Estate Investment Options.

The Government of St. Kitts and Nevis offers applicants three options for real estate investment:

From $400,000 — a share in a hotel, resort or residential condominium approved for participation in the program.
From $400,000 — investment in a condominium recognized as an Approved Private Home.
From $800,000 — purchase of a private detached home, also approved as an Approved Private Home.

The property can be sold after 7 years, and the investor can receive income from renting out — from 2% to 5% per annum.

Investments in social and infrastructure projects from $250,000.

The new option is aimed at supporting socially significant projects, and investors can choose from pre-approved options.

What does citizenship of St. Kitts and Nevis give to an investor?

1. A simple and fast path to citizenship.

Obtaining a second citizenship becomes as comfortable as possible. Investors do not need to pass English language exams or study knowledge of the country's culture. The process of obtaining citizenship by investment takes from 6 months.

2. St. Kitts and Nevis allows its citizens to have multiple passports.

This means that when obtaining citizenship through an investment program, you will not need to renounce your original passport if the legislation of the country of first citizenship does not require it. This approach allows you to maintain the ability to travel with your primary passport, while receiving the benefits of a second citizenship, such as access to visa-free countries, tax benefits and improved conditions for doing business.

3. Travel to St. Kitts and Nevis: a fallback for investors.

Investors can visit the country without a visa and stay on the islands for any period of time. This opens up excellent opportunities for recreation or shelter in case of danger in the country of residence. The islands attract tourists with their warm climate, picturesque natural attractions and beautiful beaches with white and black sand. Here you can enjoy a variety of water sports, explore tropical forests and get acquainted with the local culture, making every trip unforgettable.

4. Freedom to travel around the world.

Citizens can visit most countries without a visa, including popular destinations in Europe and Asia.

5. Long-term visa to the USA.

With a passport of St. Kitts and Nevis, you can get a B-1 / B-2 visa to the USA for up to 10 years. This visa allows you to travel around the country, visit relatives and friends, participate in business meetings and receive treatment in American medical institutions.

6. International business.

Citizens of St. Kitts and Nevis can register companies in the country, which simplifies cooperation with foreign partners and allows you to conduct financial transactions without currency controls. In addition, when registering a company, information about the owner does not enter into the trade register, which ensures additional privacy.

7. Tax Optimization.

Tax residents of St. Kitts and Nevis are exempt from taxes on dividends, interest and royalties. The country does not impose taxes on salaries, capital gains and inheritance, which creates favorable conditions for doing business and managing assets.

8. Benefits in other countries.

St. Kitts and Nevis is a member of the Commonwealth of Nations and the Caribbean Community (CARICOM), which provides its citizens with various benefits in other countries, including visa-free entry and advantages for doing business.

9. Transfer of citizenship by inheritance.

Minor children of citizens of St. Kitts and Nevis can apply for citizenship of the country. This rule also applies to the children of investors if they were born after their parents received citizenship of St. Kitts and Nevis.

Who can obtain citizenship of St. Kitts and Nevis

Investor with legal income:

Over 18 years old
No criminal record
With a stable level of wealth
No serious illnesses

Spouse:

Of the opposite sex
No criminal record

Children under 18

Children from 18 to 25 years old:

Students of secondary or higher education
Financially dependent on the investor

Parents of spouses:

Over 65 years old
Financially dependent on the investor and living with him

Contact the specialists at Hayat Estate for more information on the process of obtaining citizenship of St. Kitts and Nevis and to learn about the available investment opportunities.

Our experts will help you make the right choice and implement your plans for obtaining a second citizenship.