Saint Kitts & Nevis
Citizenship by Investment Program
About Saint Kitts & Nevis
The twin island Federation of Saint Christopher (Kitts) and Nevis is a former British and French colony, indeed the Mother Colony of Caribbean. It now boasts of its Independence status since September 19, 1983. The combined area of both islands, two miles apart from their closest points, is just under 110 square miles but there is breathtaking topographical, flora and fauna beauty to spoil you. The combined population is well below 100,000 but the people are warm and friendly so it is quite easy to get comfortable when you arrive. The democratically elected Government is invariably stable, and the economy is bolstered by Tourism, International Financial Services and Economic Citizenship.
Tourism, the leading economy of the islands, has been growing steadily bringing with it new hotels and resort developments. Both islands have international airports and are connected by ferry lines. St. Kitts and Nevis, has the longest standing (established in 1984) citizenship by investment program in the world. A St. Kitts and Nevis passport allows visa-free travel and visa-on-arrival access to more than 150 countries, including all European Union countries, the United Kingdom, Ireland, Caribbean, and Commonwealth nations. Citizens can often acquire long-term travel visas to the United States of America. There is no personal income tax, wealth tax, or inheritance tax. There is no obligation to visit St. Kitts and Nevis in order to qualify for citizenship as there is no residency requirement, although all applicants are subject to a strict background checks. The granting of economic citizenship is at the sole authority of the government in accordance with the Saint Christopher and Nevis Citizenship Act of 1984 as amended; there is no guarantee that the applicant will be approved.
Pathways to SKN Economic Citizenship
Donation (sustainable Development Fund)
USD 150’000
Donation for a Single Applicant
USD 10’000
Additional contribution for each Dependent regardless of age
USD 25’000
Additional contribution for Spouse
USD 20’000
Additional contribution for each qualified Sibling regardless of age
Donation (sustainable Development Fund)
USD 175’000
Donation for a Family of 4
USD 20’000
for each additional Sibling
USD 10’000
for each additional Dependant
Real Estate
USD 200’000
The minimum investment into an approved real estate with a holding period of 7 years
USD 400’000
The minimum investment into an approved real estate including private home sale with a holding period of 5 years
There is an additional government processing fee of USD 35,050 for the Principal Applicant, USD 20,050 fee for the spouse, USD 10,050 fee per dependent, and USD 40,000 per sibling.
Program Features
Processing time takes 90 – 100 days on a regular track whereas 45 – 60 days on an accelerated track
Qualified Dependent children and parents as well as qualified Siblings can include in the application
Benefits
Visa free travel to over 150 countries
No residency requirement
No personal income tax or wealth tax
Access to well-developed infrastructure, international transport links and reliable internet connectivity
Key facts
Capital City
Basseterre
Currency
East Caribbean dollar (EC$) (XCD)
Time Zone
UTC -4 (AST)
Languages
English, Saint Kitts Creole
Population
52,441
Area
261 km2
Contact
Telbert Glasgow
Partner
Born and raised in Saint Kitts and Nevis, is the Chairman of Spectrum Management and Consulting Ltd. that provided Authorized Agent services for the past 8 years to its valued clients. Telbert has extensive experience in the Economic Citizenship space as well as the International Financial Services Industry. He has held various high-level positions in the Saint Kitts and Nevis Government administration and sat on the local Bank Board of Directors prior to this chapter. His education includes graduate and postgraduate degrees from the University of the West Indies and the University of Southampton respectively.