Acquisition of St. Kitts and Nevis citizenship by the purchase of the real estate
St. Kitts and Nevis government offers a citizenship by investment program through a Citizenship Act established in 1984, making it the oldest double citizenship program in the world. First, the only option for obtaining double citizenship through St. Kitts and Nevis Citizenship by Investment program was to invest in previously approved real estate project. Only later, in 2006, a possibility to make a charitable contribution to a Sugar Industry Diversification Foundation occurred.
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Acquire citizenship by the purchase of the real estate in St. Kitts and Nevis
If you have any questions regarding the procedure or you are willing to apply – contact our agents now!
In order for an investor to become a citizen of St. Kitts and Nevis, he or she needs to make a minimum of 400 000 USD investment in a pre-approved real estate project, which can be re-sold after a minimum period of 5 years. After this period, the particular property is eligible to be used in a new Citizenship by Investment program application.
Other requirements and fees
In addition to the main investment, an investor needs to take into account additional fees:
In addition to the main investment and fees payable, the potential citizen of St. Kitts and Nevis needs to conform to several other requirements:
Citizenship application procedure
Citizenship by investment program in St. Kitts and Nevis is very well regarded and is considered to have an excellent reputation. Although, this program is believed to be the longest standing double citizenship program in the world, the number of issued passports is relatively small due to extensive due diligence process and rigidly enforced procedures to be followed.
In order to submit an application the following documents must be provided:
In general, it takes approximately 4-6 months to acquire a double citizenship and second passport.
Since October 2016, there is a new procedure in place for those who need to acquire their second citizenship as fast as possible: The Accelerated Application Process. AAP allows the investor to become a citizen of St. Kitts and Nevis in as early as 45 to 60 days depending on each application. Investor will still need to meet all mandatory criteria and submit all documents. The AAP process costs extra 25 500 USD for the main applicant and 20 500 USD per each dependent above 16 years.
In order to acquire second passport, the following general steps are to be taken:
Advantages of holding a St. Kitts and Nevis second passport
St. Kitts and Nevis offers an excellent opportunity to acquire a second citizenship in as early as 45 to 60 days in exchange for an extra fee. Other advantages include: