The Cabinet and the Citizenship by Investment Unit of Saint Kitts & Nevis has approved the extension of the Limited Time Offer in relation to the Sustainable Growth Fund to 31st December 2021. Under this extension, a family of up to four (4) persons can be included in one application at a cost of (excluding processing and due diligence fees). This amendment is included in the Saint Kitts and Nevis Statutory Rules and Orders No 8 of 2021.
Under this limited time offer, the family's cost for applying for citizenship under this programme is effectively reduced by USD $45,000 since the standard investment cost for a family of four is USD $195,000. Thus under the Limited Time offer valid until the end of 2021, the investment required is:
- Main Applicant: USD $150,000
- Main Applicant & Spouse: USD $150,000
- Family of four: USD $150,000
Additional dependants can be added for an increased contribution of USD $10,000 each, except for qualifying siblings who can be added at USD $20,000 each.
The Saint Kitts & Nevis Programme is described as the 'platinum standard' and one of the most trusted citizenship programmes worldwide having been established in 1984. Applicants interested in applying for citizenship in Saint Kitts also have the option to invest in real estate starting at USD $200,000.
Saint Kitts & Nevis Citizenship Benefits
Approved applicants earn the right to live, study and work in Saint Kitts & Nevis while enjoying visa free travel to over 156 countries including the EU's Schengen Area, the UK and Russia.
Other benefits include:
- Ability to include family members in the same application
- Processing time of approximately 3 months
- No residence requirements
- Investment is required only after the approval
- Dual Nationality is Allowed
- Citizenship is valid for life
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
