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St Kitts and Nevis CBI Program: benefits, required investment, obtaining period, 156 visa-free countries, and more. Contact our expert team for all the details.
St Kitts and Nevis Citizenship program is a chance to get another passport for optimizing your business, taxes, and traveling.
Having this passport will free you from the lengthy visa application process – you will be able to travel to over 150 countries visa-free.
Opening bank accounts abroad is also easy if you are a St Kitts and Nevis citizen.
Applicants have several investing options – they can donate money to the Sustainable Island State Contribution Fund, buy a property or shares of it, or choose a Public Good Investment Option.
The investor’s family members are eligible for getting citizenship as well.
CBI (Citizenship by Investment) program is among the oldest in the world. It has been in operation for almost 30 years. Applicants have several investing options and can acquire passports for their family members. The minimum investment amount is $250,000.
Foreign nationals who wish to have a solid plan B can choose to get a St Kitts and Nevis passport. The appealing part is that you do not have to fly to the islands to obtain your new citizenship. The whole process can be done remotely.
Here are 3 main routes to get the passport:
Also:
Donation to the Sustainable Growth Fund (SGF) was changed to donation to the Sustainable Island State Contribution Fund (SISC) starting from July 27, 2023.
The real estate option implies that you invest a minimum of $400,000 into a government-approved real estate project.
Two or more applicants may invest $400,000 each in private real estate.
Investing in real estate can be done in two ways: putting money into commercial projects or purchasing private property.
Not only your children but also your closest family members will have the opportunity to get a new passport — for example, your spouse, your or your spouse’s parents.
To qualify for CBI as an additional applicant, parents must be older than 65 y.o. and depend financially on the investor.
Our goal is simple – provide successful entrepreneurs and investors with high-level services to solve their problems by reducing their taxes, getting second citizenship and investing overseas.
Passport holders enjoy full Schengen privileges and can travel to around 156 countries worldwide, either without a visa or with a visa on arrival. No visa is required to visit the United Kingdom, Ireland, Singapore, Hong Kong, Russia, Brazil, and more. Getting visas to other countries like the UAE, Vietnam, or South Africa is super simple.
When becoming a citizen of St Kitts and Nevis, you are exempt from an income tax as well as inheritance, wealth, gift, and capital taxes. The country’s tax residents do not pay dividends, royalties, or interest taxes.
With a St Kitts and Nevis passport, you are welcome to enter the United States after getting a B-1/B-2 10-year visa. Investors can stay in the US for 180 consecutive days and have access to business matters, medical treatment, and tourism.
You can ease the process of working with your business partners by establishing a company in a country. One of the advantages is that there are no exchange control regulations. Plus, the information about beneficial owners of companies is confidential: the data is disclosed only to registration agents and banks, and access to it is not public.
St Kitts and Nevis citizenship allows you to keep your previous passports unless there are no restrictions from the other country. You can become a country’s citizen without even visiting the islands.
St Kitts and Nevis is located on two picturesque islands in the Caribbean. You can plan a vacation there and enjoy white or black sandy beaches, tropical forests, a warm climate, the beautiful Atlantic Ocean and the Caribbean Sea, and much more. Owning a local passport will let you stay in this magnificent place for however much you want.
To participate in the CBI program, you do not need to take an Oath, any language, history, or other tests as it is often required in other countries. Moreover, you can go through the whole process remotely.
Citizenship of St Kitts and Nevis is hereditary. If an investor already has children younger than 25, they can be included in the application and get citizenship at an extra cost. In case the child is born after the applicant obtains citizenship, the newborn will be eligible for citizenship by descent at no additional charge.
Saint Kitts and Nevis Economic Citizenship Programme grants permanent residence in most member countries of the Caribbean Community (CARICOM), which includes 15 Caribbean states.
The state does not share information about its citizens and their property with third parties. Your participation in the investment program will remain secret.
From July 27, 2023, new rules were introduced: an applicant must pass a mandatory interview either online or in person at a consulate, embassy, or in St Kitts and Nevis.
Due to drastic changes, the St Kitts and Nevis CBI is no longer the most cost-effective program for obtaining citizenship. The minimum investment required was doubled from $125,000 to $250,000.
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Robert L. Bradshaw Airport near Basseterre, the capital of St. Kitts and Nevis, offers direct flights to Toronto, London, Atlanta, New York, and more – 18 destinations and 12 countries in total.
Contact our experts to learn more about all the possible options. Streamline the process of receiving a new passport by contacting our team.
Book a call with us if you need help with the CBI program, its requirements, or advice on the best investment strategies.
Checking your documentation to ensure that it meets immigration regulations and examining the transparency of your investment money.
Selecting the investment option that suits you the most. If you choose to buy real estate, we will help you to find the approved property.
Collecting all the necessary papers, translating and notarising copies, submitting documents, and managing the entire process.
The government’s citizenship office will check all applicant's documents and background through Due Diligence. Children under 16 y.o. do not have to undergo this procedure.
St Kitts and Nevis CBI unit reviews the investor's application at this stage. At the completion of the verification procedure, it informs us about their decision.
After receiving a favorable decision, the applicant fulfills the chosen investment condition. It must be done within 90 days.
Our client obtains the passport and naturalization certificate of St Kitts and Nevis. You can have them delivered to any of your addresses or our office so we can pass them to you.
One of the possible routes to becoming a St Kitts and Nevis citizen is to purchase real estate on one of the islands. Once you start exploring the local property market, you will discover multiple alluring options: beach-front villas, luxury mansions, spacious houses tucked away in the lush hills, apartment buildings, and cottages with vast grounds and swimming pools.
If you need any help with searching for your perfect home on the islands, you can count on us. Our expert team will assist you in finding the most suitable property on the local market.
Going through the process of acquiring new citizenship can appear to be a daunting task. You will need to find out what documents to submit, how to pass due diligence, why some applicants receive a rejection, how much time the process lasts, how to transfer money, and so much more.
The owner of our company has a St Kitts and Nevis passport and went through the whole procedure himself. We know everything about all the requirements and aspects of getting this citizenship. Our team will find the most suitable option for you so you can obtain your new passport as soon as possible.
We get thousands of questions from readers monthly, here are the most frequent ones.
St Kitts and Nevis does not allow individuals to apply for the CBI program on their own. It can only be done by a licensed agent or approved intermediary like Wealthy Expat.
The amount of investment starts at $250,000.
Usually, the whole process takes about 6 months or more.
You can make an investment to receive a new passport. There are 3 main investment options available starting from $250,000.
No, there is no need to come to the state to receive the passport. You can go through the procedure remotely.
Dependants under 16 are exempt from paying the due diligence fee.
The passport is valid for 10 years, after which it can be renewed at an embassy or consulate.
Reach out to our team, and we’ll get back to you in 24 hours.
Our team will look at your situation, figure out the costs, and help you find a solution that fits your goals.
+971504857297
me@wealthyexpat.com
201 The Dome Tower Cluster N JLT Dubai UAE
If you are planning on getting a second passport, book a call with our expert team to discuss the details.
We will evaluate all the possible ways for you to receive the desired citizenship.
