Vadim Coval
Private Client Advisor
St. Christopher & Nevis is a former British colony in the West Indies, an island group in the Caribbean which attained independence from the United Kingdom in 1981. As on many Caribbean islands, in St. Kitts & Nevis the sugar cane industry came under pressure in the second half of the 20th century. Alternative economic branches had to be found as a replacement. Today tourism is the primary income source for the country. In comparison to other Caribbean islands, it is still very much in its beginning stages on St. Kitts & Nevis.
CITIZENSHIP BY INVESTMENT IN ST. KITTS & NEVIS
With the establishment in 1984 of the first Citizenship-by-Investment program in the world, the country laid the foundation stone for a development boost. With access to the Schengen Area in 2010, development again gained additional momentum. The conditions for citizenship by investment in St. Kitts & Nevis are either a contribution to the government fund SGF (Sustainable Growth Fund) or an investment in a government approved real estate plus additional government fees. The previously operating SIDF (Sugar Industry Diversification Fund) seized it’s operation and is now replaced by the Sustainable Growth Fund (SGF).
The amount of the contribution to the SGF or the amount of the government fees vary on the family size and constellation. As with all Citizenship by Investment programs a clean personal background and an impeccable character are basic requirements.
The passport of St. Kitts & Nevis gives it’s citizens access to 132 countries, including in addition to the Schengen states, the United Kingdom, Hong Kong, Singapore and since March 2015 Brazil.
Key Facts
Minimum Investment SGF: US$ 150’000
Minimum Investment Real Estate: US$ 400,000
(if joint investment with another applicant US$ 200,000)
Preparation of application: 1-2 months
Government Processing time: 2-4 months
Visa free travel: 156 countries and territories
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As your personal partner for Citizenship and Residence Planning we are pleased to provide you with comprehensive advice.
GET IN TOUCH
If you have a property or project you would like to discuss, please get in touch with us.
t. +971 56 909 9068 e. inquiries@glam-immigration.com
Office 711 Onyx Tower One Dubai UAE
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