5 min read 
The concept of «citizenship by investment» was first introduced back in the 1980s in the Caribbean. The island nation of St. Kitts and Nevis passed a law allowing foreigners to become citizens of the country in exchange for investment in its economy.
Over time, other countries around the world began offering similar programs. But today many of these countries are winding down their programs or tightening the requirements. For example, Cyprus's program was closed under pressure from the EU, and Malta's authorities have significantly strengthened vetting for those wishing to obtain citizenship.
Today, the most lenient conditions for obtaining citizenship by investment remain where this program originated — in the countries of the Caribbean. And one of the most attractive countries in this respect is Grenada.
- Citizenship in 4 months or 45-60 days − expedited processing.
- Who can obtain citizenship: Spouse, children, parents.
- Visa-free travel: 157 countries, incl. Singapore and Hong Kong.
To obtain citizenship, investors can choose one of several options:
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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 of $250,000.
Contribution amounts for family members
- $25,000 for each child under 18
- $50,000 for each family member over 18
The funds are directed toward the development of healthcare, education, tourism, culture, and alternative energy. It is important to note that the contribution cannot be refunded, nor can income be earned on the investment in the fund.
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Real estate investment options.
The government of St. Kitts and Nevis offers applicants three options for real estate investment:
- From $325,000 — a share in a hotel, resort complex, or residential condominium approved for participation in the program.
- From $325,000 — investment in a condominium recognized as an Approved Private Home.
- From $600,000 — purchase of a private detached house, also approved as an Approved Private Home.
The property can be sold after 7 years, and the investor can earn rental income — from 2% to 5% per annum.
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Investment in social and infrastructure projects from $250,000.
This new option is aimed at supporting socially significant projects, and investors can choose from pre-approved options.
What does St. Kitts and Nevis citizenship give an investor?
1. A simple and fast path to citizenship.
Obtaining a second citizenship becomes as comfortable as possible. Investors don't need to pass English language exams or study the country's culture. The process of obtaining citizenship by investment takes from 6 months.
2. St. Kitts and Nevis allows its citizens to hold multiple passports.
This means that when obtaining citizenship through the investment program, there is no need to give up your original passport, unless the legislation of your first country of citizenship requires it. This approach allows you to keep the ability to travel with your original passport while gaining the advantages of a second citizenship, such as access to visa-free countries, tax benefits, and improved conditions for doing business.
3. Trips to St. Kitts and Nevis: a backup destination for investors.
Investors can visit the country visa-free and stay on the islands for any length of time. This opens up excellent opportunities for relaxation or as a refuge in case of danger in their country of residence. The islands attract tourists with their warm climate, picturesque natural landmarks, and beautiful beaches with white and black sand. Here you can enjoy a variety of water sports, explore tropical forests, and get acquainted with local culture, making every trip memorable.
4. Freedom to travel the world.
Citizens can visit most countries visa-free, including popular destinations in Europe and Asia.
5. A long-term US visa.
With a St. Kitts and Nevis passport, you can obtain a B-1/B-2 visa to the US 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 at 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 financial transactions to be carried out without currency control. In addition, when registering a company, the owner's information is not entered into the trade register, which provides additional confidentiality.
7. Tax optimization.
Tax residents of St. Kitts and Nevis are exempt from taxes on dividends, interest, and royalties. The country has no taxes on wages, capital gains, or inheritance, which creates favorable conditions for doing business and managing assets.
8. Advantages in other countries.
St. Kitts and Nevis is a member of the Commonwealth of Nations and the Caribbean Community (CARICOM), which grants its citizens various benefits in other countries, including visa-free entry and advantages for doing business.
9. Passing citizenship by inheritance.
Minor children of St. Kitts and Nevis citizens can qualify for the country's citizenship. This rule also applies to investors' children if they were born after their parents obtained St. Kitts and Nevis citizenship.
Who can obtain St. Kitts and Nevis citizenship
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 aged 18 to 25:
- Students at a secondary or higher education institution
- Financially dependent on the investor
Spouse's parents:
- Over 65 years old
- Financially dependent on the investor and living with them
Contact Hayat Estate specialists to get additional information about the process of obtaining St. Kitts and Nevis citizenship and learn about available investment opportunities: Hayat Estate office +90 507 250 10 73
Our experts will help you make the right choice and realize your plans to obtain a second citizenship.
