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St Kitts and Nevis

st. kitts and nevis citizenship

COUNTRY PROFILE
• Capital: Basseterre
• Population: 52,000
• Area: 269 sq km (104 sq miles)
• Major language: English
• Major religion: Christianity
• Life expectancy: 68 (men) 71 (women)
• Currency: East Caribbean dollar (EC$ or XCD)
• Exchange Rate (as of Jan 2023): 1 USD = 2.70006 XCD

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Established in 1984, the St. Kitts & Nevis Citizenship by Investment Program requires applicants to make a significant contribution to the economy, in exchange of which, citizenship is granted. The program has garnered much interest from HNWI around the globe, who have significantly contributed to its economy, and funded key community-focused projects. The benefits of obtaining a St. Kitts & Nevis passport include global mobility, addition of family members, no residency requirements, and affordable second passport amongst others. On 27th July, 2023, the program underwent major changes where both donation and investment options were doubled to ensure the integrity of the program.

Type of Program Citizenship by Investment
Types of Investment

1. Sustainable Island State Contribution (SISC Donation)

2. Public Benefit Option (PBO Donation)

3. Real Estate and Private Home Investment Options

Minimum Investment

1. Sustainable Island State Contribution (SISC Donation)
Main Applicant: $250,000
Main Applicant + 1 Dependent: $300,000
Main Applicant + 3 Dependents: $ 350,000
Additional Dependent Under 18: $50,000
Additional Dependent Over 18: $75,000


2. Public Benefit Option (PBO Donation)
Contribute $250,000 to a public benefit unit in an Approved Public Benefit Project, irrespective of family size.

Government Fees:
Main Applicant: $25,000,
Spouse: $15,000
Dependent Under 18: $10,000
Dependent Over 18: $15,000

Real Estate and Private Home Investment Options

a) $400,000 in Government Approved Real Estate Project (Hold 7 years)

b) $400,000 in a Condominium Unit (Hold 7 years)

c) $800,000 in Single Family Private Dwelling (Hold 7 years. Single investor only)

Government Fees:

Main Applicant: $25,000
Spouse: $15,000
Dependent Under 18: $10,000
Dependent Over 18: $15,000

Notes:
I) Maximum age for dependent children is 25 years with proof of full-time enrolment in an educational institute. Minimum age of parents is 65 years. Siblings are no longer eligible to be included in any application or added post-citizenship.

II) Accelerated Application process is no longer available even at addition fees.

III) Post-approval addition of dependents: $30,000 (regardless of age, relation, or program)

Dual Nationality Permitted Yes
Personal Visit Required No
Minimum Stay No
Capital Gains Tax 0%
Personal Income Tax (No-residents) 0%
Corporate Tax Rate 18.5%
Property Taxes Stamp duties are payable by the buyer on real estate transactions, and are taxed on the assessed market value of the property at the following rates 5 – 18.5%.
Processing Time 4-8 months
Passport Validity Over 16: 10 years
Under 16: 5 years
Restricted Countries Belarus, Iran, Iraq, Russia, Afghanistan, North Korea.
Visa Free Travel  157 countries

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