One of the world's oldest and most popular Citizenship-by-Investment Programs, the St. Kitts and Nevis CBI Program, is now more affordable for expats seeking second citizenship.
The government has reduced the investment threshold for condominium and development shares from $400,000 USD to $325,000 USD. These discounts are available under the Developer's Real Estate Investment and Private Real Estate options. In addition, the threshold for a single-family private dwelling has been lowered from $800,000 USD to $600,000 USD, making it easier for expats to benefit from the CBI program with their families.
This stunning twin island in the heart of the Caribbean invites expats to consider it for a Plan-B with its advantageous tax system, political and economic stability, and international community. If you’re seeking a second passport to secure your wealth and your family’s freedom, let’s explore this offer further.
St. Kitts and Nevis’ CBI program, established in 1984 to attract foreign investment, has evolved to maintain its competitiveness and offers benefits like visa-free travel to multiple countries
St. Kitts and Nevis’ CBI program is an attractive opportunity for investors seeking financial security, global mobility, and luxury living at the same time.
Applicants can now qualify for the program by investing in Approved Private Real Estate or Approved Development with a minimum requirement of $325,000 USD for a condominium unit or $600,000 USD for a single-family residence.
The real estate investment must be held for at least seven years to stabilize the program. However, a property purchased using this option may only be eligible for future CBI applications if significant renovations or upgrades are made. The application process is straightforward, and decisions, including "Approved in Principle" results, are typically made within 120-180 days.
Applicants and eligible dependents over 16 must undergo due diligence checks. There is a $10,000 USD fee for the primary applicant and a $7,500 USD fee per dependent.
Once your application is approved, post-approval fees are as follows:
Main Applicant: $25,000 USD
Spouse of the Main Applicant: $15,000 USD
Any Qualified Dependant Under 18 Years of Age: $10,000 USD
Any Qualified Dependant Aged 18 or Over: $15,000 USD
St. Kitts and Nevis' CBI Program offers two additional options: the Sustainable Island State Contribution (SISC) and the Public Benefit Option.
This option allows applicants to contribute directly to the Federal Consolidated Fund, which supports the nation's development. The minimum contribution is $250,000 USD for a main applicant or a family of up to four persons. Additional dependents under 18 years of age require a contribution of $25,000 USD each, while dependents aged 18 or over require $50,000 USD each. Due diligence fees apply, and the application process typically takes 120-180 days for approval.
Investors who prefer to fund impactful projects can apply for the Public Benefit Option. Applicants must contribute at least $250,000 USD to an Approved Public Benefit Project. These projects support government capital investment goals, local employment, technology transfers, and capacity building. Like other CBI options, applicants and dependents must meet due diligence requirements, and the application process follows a similar 120-180-day timeline.
Port Zante in Basseterre town, St. Kitts And Nevis
The CBI program in St. Kitts and Nevis offers various benefits, making it one of the most sought-after programs globally:
Visa-Free Travel: A St. Kitts and Nevis passport provides visa-free or visa-on-arrival access to over 150 countries. The Schengen Zone, UK, Singapore, and Hong Kong are among the destinations available with your passport;
Attractive Tax Environment: St. Kitts and Nevis has no personal income tax, inheritance tax, wealth tax, or capital gains tax, making it a haven for wealth preservation and tax planning;
Dual Citizenship Allowed: St. Kitts and Nevis recognizes dual citizenship, so you don't need to renounce your previous citizenship;
Security and Stability: St. Kitts and Nevis offers a secure environment for individuals and families due to its peaceful and stable political and economic environment;
No Residency Requirement: The government does not require you to reside in or visit the islands to maintain citizenship, providing maximum flexibility for global citizens.
The citizenship-by-investment program of St. Kitts and Nevis is an attractive option for those looking to expand their business
With the increasing demand for CBI programs, investment amounts for these programs are increasing every year. However, due to the financing needs of the states and growing competition between nations, some countries may occasionally reduce their investment thresholds. St. Kitts and Nevis' CBI program will attract the attention of expats as a reliable option that offers many opportunities. If you are exploring options to craft a Plan-B to protect your wealth, I am always here to help. To stay up to date, subscribe to our free newsletter and get your free special report on "Plan-B Residencies & Instant Citizenships."