>There are two (2) options for economic citizenship in the St. Kitts and Nevis Citizenship by Investment program; the Real Estate Option and the Sugar Industry Diversification Foundation (SIDF) Option. Both programs are designed to allow applicants to gain St. Kitts and Nevis citizenship by making a very valuable contribution towards the economy of the twin island federation. The Citizenship-by-investment program is at present under the directives of the Government of St. Kitts and Nevis.
The real estate option of the St. Kitts and Nevis Citizenship by Investment program involves an applicant making a real estate investment on the island which is valued at no less than US$400,000. The Government of St. Kitts has already put aside real estate solely for this purpose. Additionally applicants over 18 must pay registration fees of US$50,000, while dependents under 18 pay fees of US$25,000. Processing fees are also paid but this depends on the application details. The rules of obtaining citizenship through the real estate option clearly states that any property purchased must remain in the hands of the purchaser for a minimum of five (5) years before it can be resold or transferred. The new owner of such real estate property does not qualify for citizenship of St. Kitts under the real estate option.
Applicants can also gain citizenship of St. Kitts and Nevis through the Sugar Industry Diversification Foundation (SIDF). The SIDF is a public charity which was set up as a means of helping the displaced sugar industry workers find employment. Capital gained through this venture is used to finance other industries which will employ these persons. There are four (4) separate categories under this option of St. Kitts and Nevis Citizenship by Investment program. The categories are explained below:
Option A: the contribution to be made is US$250,000 and this qualifies a single applicant for citizenship of St. Kitts and Nevis.
Option B: The contribution is US$300,000 which qualifies an applicant and three or less dependents.
Option C: The contribution to be made is $US$350,000 and this qualifies an applicant with no more than five (5) dependents.
Option D: The contribution is US$450,000 which qualifies an applicant with seven (7) dependents for St. Kitts Citizenship.
All contribution made towards the Sugar Industry Diversification Foundation are non refundable. Persons who qualify as defendants are spouses and children who have not yet reached the age of eighteen (18). The contribution already includes government fees. Due diligence is carried out for all persons sixteen years and over. The processing fees for each case are not included in the stipulated amount.
Due diligence must be done for all persons over the age of sixteen. The fees structure for due-diligence checks is US$7,500 for the main applicant and US$4,000 for each other person.
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St Kitts and Nevis Economic Citizenship
- $ 250,000.00
- $ 400,000.00
- $ 400,000.00
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Carolina Valdes
a year agoKhareem was extremely helpful in helping me find a place that accommodated my two pets. He was very attentive and super friendly. I would recommend him to anyone looking for housing.
Delroy Prentice
a year agoProfessional service, Reliable and trustworthy Keep me updated throughout the process of the deal and stayed in communication after.I would definetly recommend his services. 10/10
Tameka Bassue
7 years agoExcellent service! I recommend them to all of my friends. The agent was very reliable and quite helpful. I'll definitely do business with SKN Real Estate again.
Kenisha Fyfield
7 years agoQuality Service
Tim Cluett
2 years ago