The Citizenship-by-Investment Program
A. Real Estate Option
To qualify for citizenship of St. Kitts and Nevis under the Real Estate option of its Citizenship by Investment Program, the Government requires an investment in designated Real Estate with a value of at least US$ 400,000.
On approval in principle of an application under the real estate investment option the following fees are payable to the Government of St. Kitts and Nevis:
• US$ 50,047.00 for the main applicant.
• US$ 25,047.00 for the spouse of the main applicant
• US$ 25,047.00 for each child of the main applicant under the age of 18
• US$ 50,047.00 for for each qualified dependent of the main applicant above the age of 18 other than spouse
Additionally to these fees, real-estate buyers should be aware that there are also purchase costs (mainly compulsory insurance fund contribution and conveyance fees) of approximately 4 – 5% of the purchase price.
B. SIDF Contribution
To qualify for citizenship of St. Kitts and Nevis under the SIDF (The Sugar Industry Diversification Foundation) Option, the Government requires a contribution to the St. Kitts and Nevis Sugar Industry Diversification Foundation, a public charity audited by PricewaterhouseCoopers. Under this option, there are four different categories:
Single Applicant: a non-refundable contribution of US$ 250,000 is required Applicant with up to three family members (i.e. one spouse and two children below the age of 18): a non-refundable contribution of US$ 300,000 is required
Applicant with up to five family members (i.e. one spouse and four children below the age of 18): a nonrefundable contribution of US$ 350,000 is required
Applicant with up to seven family members: a non-refundable contribution of US$ 450,000 is required
In each of these categories, the above amounts include all government fees with exception to due diligence fees.