Citizenship by Investment Options

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   CBI Donation Option

 

SUSTAINABLE GROWTH FUND (SGF) CONTRIBUTION

Applicants may qualify for citizenship through a contribution to the Sustainable Growth Fund (SGF). The Sustainable Growth Fund was established in March 2018 to replace the Sugar Industry Diversification Foundation (SIDF) and the Hurricane Relief Fund (HRF).

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• Single applicant: a non-refundable contribution of US$150,000 is required

• With spouse added: US$25,000

• Additional dependents, regardless of Age: US$10,000 per dependent

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Contact us for your full quote.

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   CBI Real Estate Option

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REAL ESTATE INVESTMENT

Suitable applicants can qualify for St. Kitts and Nevis citizenship by purchasing CBI-approved real estate in St. Kitts or Nevis such as hotel shares, villas, and condominium units and private homes.

 

Sub-option A - The minimum real estate investment required is US$400,000.00 for each main applicant. Two or more applicants may apply for citizenship by investment together by purchasing one piece of real estate, provided that each main applicant contributes the minimum of US$400,000.00 towards the investment.

 

Sub-option B – Two or more 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. This option applies only to new luxury resorts or any old developments which have received specific approval from the relevant government agencies.

 

A person who has obtained citizenship by purchasing qualifying real estate under option A cannot resell the real estate before five (5) years from the date of receiving citizenship. Under option B, the property cannot be sold before seven (7) years from receiving citizenship. Any contravention of this can lead to your passport being revoked. Any such resale transaction shall be rendered null and void or if the transaction cannot be nullified or voided, damages may be payable to the Government by the offending person.

Beneficial ownership in real estate through a company is permissible only if such company is a St. Kitts and Nevis local company and has issued all of its authorised shares to the main applicant. Proof of beneficial ownership in the company, as certified by the Registrar of Companies, has to be submitted by the main applicant.

We can assist you with selecting real estate. Please provide us with your budget and property layout preferences, for example, number of bedrooms, elevation etc.

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On approval in principle of an application made through a real estate investment, a Government fee applies, as follows:

• Main applicant: US$35,050

• Spouse of the main applicant: US$20,050

• Any other qualified dependent of the main applicant regardless of age: US$10,050

 

In addition to these fees, real estate buyers should be aware of purchase costs (mainly compulsory assurance fund contribution of 0.2% of the purchase price and title transfer fees).

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Contact us for your full quote.

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   Other Fees for Each Option

In order to submit your Citizenship by Investment application you need to pay non-refundable due diligence and processing fees. For the standard processing time of approximately 3 to 6 months, the processing fees US$7,500 for the main applicant, and US$4,000 for each dependent of the main application who is over the age of 16 years. 

 

You may choose accelerated processing which takes 45 to 60 days. The processing fees for accelerated processing are US$25,000 for the main applicant, and US$20,000 for each dependent of the main application who is over the age of 16 years. Owing to the extended turn-around time of third party due diligence, the Accelerated Application Program is not available to applicants from the following countries: • Republic of Iraq; • Republic of Yemen; • Federal Republic of Nigeria.

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Other fees:

Application fee - US$250.00 per applicant

 

Bank fees -

                       US$27 on each incoming wire transfer

                       US$200 for background checks on the main applicant

                       US$100 per dependent 16 years old and over for background checks                   

                       US$50 per dependent 10 to 15 years for background checks

Passport fees -

                       US$355.25 per applicant under the standard processing time option,

      and under the accelerated processing time option                      

                       US$500.00 per applicant below age 16 

                       FREE per applicant above age 16

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