St. Kitts and Nevis Citizenship-by-Investment

Federation made up of two English speaking islands located in the Lesser Antilles. They are part of the Organisation of the Eastern Caribbean States (OECS), and use the EC (Eastern Caribbean dollar), which is the common currency used by all OECS countries. St. Kitts and Nevis gained its independence in 1983. The Queen of England is Head of State and is represented by a Governor General.

St. Kitts and Nevis offers one of the longest standing economic citizenship programs in the world, the Citizenship by Investment Program, which was established in 1984 according to Section 92 (1) (h) of the Constitution of St. Christopher and Nevis.

The St. Kitts and Nevis Dual Citizenship Program, through which a second passport can be acquired after citizenship is granted as a means of attracting foreign investment in real estate or a contribution toward the Sugar Industry Diversification Foundation (SIDF). The St. Kitts Citizenship-by-investment program requires the applicant to make an investment of at least USD 400,000 towards a government approved real estate development. In addition, registration fees have to be paid up and are: USD 50,000 for a single applicant and each dependent above the age of 18 and USD 25,000 for a spouse and each child under the age of 18. Any real estate purchase cannot be re-sold in less than 5 years, and is not a means for qualifying for St Kitts Nevis citizenship under the dual citizenship or Citizenship-by-Investment Program.

Persons seeking a second citizenship for St. Kitts and Nevis can also do so by making a single contribution to the Sugar Industry Diversification Foundation. This option caters for four different groups of persons: single applicants, who contribute a sum of USD 250,000; an applicant with a maximum of three dependents (husband, wife and two children) for a contribution USD 300,000; a family of five (one spouse and four children for a contribution of USD 350,000; a family of six for a contribution of USD 450,000.

Under both programs, a due diligence fee of USD 7,500 must be paid by the main applicant and each dependent above the age of 16. Other agent and processing fees depend on each case.

The documents required for applying for economic citizenship in St. Kitts include a copy of each applicant’s passport (pages containing photo, signature, passport number, date and country of issue); 8 passport size photographs for each applicant, and a valid police record. All applicants are expected to produce a copy of their birth certificate when applying for citizenship of the Federation of St. Kitts and Nevis.

The St. Kitts Citizenship-by-investment program also requires a banker’s reference from the each applicant who is 18 or over. The bank reference must state the quality and length of time of the relationship held between the applicant and the bank. Two character references should also be provided for applicants 18 and over, must be original testimonials of good character, be written by a recognised professional such as a lawyer, doctor, bank official or engineer, and indicate the referee’s name, address and contact information. Referees cannot be a member of the applicant’s family. In addition, the Head of Household is also required to send in a letter appointing an agent as the exclusive representative for processing the application.

In the event that a spouse is applying with his or her children, an Affidavit of support as well as a Marriage Certificate should be presented, while in the case of a divorce, a Divorce Certificate is required by the new spouse if he or she is also an applicant under the program. All applicants below the age of 18 are required to produce a business and or technical resume indicating their education and professional experience and qualifications, as well as a Health Certificate as proof that no applicant is inflicted with HIV/AIDS or any other infectious disease.

The acquisition of a second citizenship through the St. Kitts dual citizenship program offers several advantages such as visa-free travel to about 80 countries, no taxes on foreign income, capital gains, gifts, wealth and inheritance.

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