Citizenship by Investment
Law Office of Herbert Thompson is one of the leading firms well versed in Citizenship by Investment. We have been providing immigration services since 2003 and have successfully helped numerous applicants to become citizens of St. Kitts and Nevis.
The St Kitts and Nevis Citizenship by Investment Program was established in 1984 and is the oldest and one of the most respected citizenship by investment programs worldwide. The citizenship program is governed by sections 90 - 95 of the Constitution of Saint Christopher and Nevis and the Citizenship by Investment Regulations with amendments thereto, the latest being SR & O No. 7 of 2018.
Financial requirements
The prescribed investment in Real Estate that would make a person eligible to apply for economic citizenship is as follows:
- Through an investment is a pre-approved real estate project which may include hotel shares, villas and condominium units at a cost of US$200,000.00
- Through an investment is a pre-approved real estate project which may include hotel shares, villas and condominium units at a cost of US$400,000.00. Two applicants may apply for citizenship by investment together by investing in one piece of real estate, provided that each main applicant contributes the minimum investment of US$200,000.00 in real estate worth a minimum of US$400,000.00
The prescribed donation under for the Sustainable Growth Fund (SGF) is:
- Single applicant - $150,000
- Main applicant and up to 3 dependents - $195,000
Additional contribution for each additional dependent regardless of age will be US$10,000.00. Dependents include children and parents regardless of age in a dependency relationship with the main applicant.
Government Fees
Under the Real Estate and the Sustainable Growth Fund there is a non-refundable fee for applicants 16 years and over payable to the government for the background check, required to be submitted with the application. The government's due diligence fee for the main applicant is US$7,500.00; and US$4,000.00 for each additional applicant 16 years and older.
Under the Real Estate option, the successful applicant is required to pay US $35,000.00 for registration as a citizen. Also, if a spouse or offspring(s) is included in the application: US$20,000.00 for the spouse, and US$10,000.00 for each dependent.
One set of application forms is required for each applicant. The authorities charge US$250.00 per set of application forms.
Processing Period
The Government stipulates that upon receipt of the application, the process takes approximately three months (90 working days) for processing.
Benefits of Economic Citizenship
- Citizenship for life, for applicant and all eligible family members.
- Dual Citizenship is permitted, without the requirement for the applicant to reside in St. Kitts/Nevis.
- Full Residency Status and the right to work in St. Kitts/Nevis.
- Tax Free Status on foreign income, capital gains, gift, wealth and inheritance tax.
- Passports will be issued to the applicant and all eligible family members, and are easily renewed.
- Visa-Free Travel to numerous countries including :- Austria, Belgium, Britain, Denmark, Finland, France, Germany, Iceland, Italy, Greece, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and most British commonwealth countries http://foreign.gov.kn/travel/