St Kitts & Nevis Citizenship by Investment Program: How to Apply, Benefits and Requirements
Updated: Apr 20, 2022
In 1984, St Kitts & Nevis established the world’s first Citizenship by Investment (CBI) program. In 2021, St Kitts & Nevis was crowned the ‘World’s Number One Citizenship by Investment Programme’ by the CBI Index, published by the Financial Times’ Magazine Professional Wealth Management (PWM).
“A Commonwealth member, St Kitts & Nevis is a dual-island Caribbean destination with a total population of less than 60,000. As of December 2016, an estimated 200-250 Indians reside in St Kitts & Nevis. The community is primarily involved in businesses related to tourism, real estate and education. Additionally, many foreign nationals of Indian origin are enrolled as students at some of the topmost sought-after medical institutions in St. Kitts.
The dual islands Citizenship by investment program provides access to extensive business opportunities, expanded visa-free travel and more favourable tax laws,” said Shalini Lambah, CEO, Migrate World-India.
Citizenship by Investment
Citizenship by investment is a process by which an individual receives second citizenship in return for economic investment in the host country. Obtaining St Kitts & Nevis Citizenship by Investment is straightforward and quick. After applying through an authorised agent, passing due diligence checks, and making a qualifying investment in a government fund, investors generally obtain full citizenship within three to four months, offering them access to global opportunities.
A St Kitts & Nevis passport allows visa-free or visa-on-arrival travel to 157 destinations, including Hong Kong, Russia, Singapore, the UK, and Europe’s Schengen Area.
No personal or worldwide income tax
No mandatory residency or personal visit is required.
Inclusion of dependent children under 30 years and dependent parents aged 55 years and above
Can also add unmarried siblings under 30 with no children in the family application
Citizenship-by-descent is available to future generations.
Dual citizenship permitted
Straightforward, simple investment plans with a processing time of three-six months
Immigration Investment Options
Applications for citizenship cannot be lodged directly with the Citizenship by Investment Unit (CIU); instead, they can only be handled by registered Authorised Persons (an individual or entity approved by the Financial Services Regulatory Commission (FRSC) of St Kitts & Nevis and licensed to conduct corporate or trust services in the Federation).
All applications should be in English; application in any other language is not prescribed or accepted by the Citizenship by Investment Unit.
Each principal applicant and legal dependents 16 years and older must produce a police certificate.
Legal dependents include a spouse of the main applicant; a child under the age of 18 of the main applicant or their spouse; a child of the main applicant or their spouse between 18 and 30 years who is in full-time attendance at a recognised institution of higher learning after their 18th birthday and fully supported by the main applicant; parents or grandparents of the main applicant or the