St Kitts Nevis Realty can assist in your application process for CBI in either real estate or the newly announced Sustainable Growth Fund. We are happy to discuss your requirements and tailor the right programme to your needs.
Real Estate US$ 200,000.00
A real estate investment of US$200,000 applies to a shared ownership product in a pre-approved development. A shared option must be held for 7 years before resale. The same fee structure applies as below.
Real Estate US$ 400,000.00
Pre-approved Real Estate
The minimum investment required is US$400,000.00 in a pre-approved development. It cannot be resold for 5 years. he same fee structure applies as below.
Private Homes Sale Investment Option
Under the newly introduced Private Home Sale option, the minimum investment is US$400,000.00 in a private single-family dwelling house designated as an Approved Private Home.
+ Property cannot be resold within 7 years
+ Property cannot be resold with CBI
+ Property cannot be converted into apartments or condominiums.
The principal applicant can apply for CBI on the property with family members with the additional fees:
CBI OPTIONS & FEES (exclusive of Legal & Conveyancing Fees)
Government Fees: US$ 35,000.00 Principal Applicant | US$ 20,000.00 Spouse | US$ 10,000.00 Per Dependant.
Registration Fees: US$ 7,500.00 Principal Applicant | US$ 4,000.00 Spouse | US$ 4,000.00 Dependant over 16 years of age.
SPECIAL OFFER – ends 30th June 2023
SUSTAINABLE GROWTH FUND (SGF)
To further enhance the attractiveness of the CBI Program, the CIU has decided to make a Limited Time Offer (LTO) for a period of 6 months from 1 January to 30 June 2023. CBI applications submitted under the LTO will benefit from the reduction of the minimum amount of contribution payable by applicants and the shortening of processing timeframe from 90 days to 60 days.
Under the LTO, the minimum amount of SGF contribution is as follows:
+ Main applicant: US$125,000.00
+ Main applicant and a spouse: US$150,000.00
+ Each additional dependant under 18: US$10,000.00
+ Each additional dependant over 18: US$25,000.00
+ Main Applicant Due Diligence US$7,500.00
+ Each dependent over 16 years old Due Diligence US$4,000.00
From 1 July 2023 onwards, the minimum amount of contribution will be as follows:
+ Main applicant only US$150,000.00
+ Main applicant and spouse US$175,000.00
+ Main applicant and up to three dependants US$195,000.00
+ Each additional dependant under the age of 18 US$10,000.00
+ Each additional dependant aged 18 or over US$25,000.00
ACCELERATED APPLICATION PROCESS
A 60 day Accelerated Application Process (AAP) option is available subject to the following fees:
US$ 25,000 Main Applicant US$ 20,000 Per Dependent.
Most applications are processed within 45 days under AAP
+ Visa free travel to all EU Schengen countries including Switzerland, UK and Ireland
+ No residency requirement or visit to St Kitts & Nevis required.
+ St Kitts is a tax free destination with no income tax on overseas earnings, no capital gains or inheritance taxes.
+ Lifetime citizenship
+ Privacy in small, peaceful country
+ Dual citizenship benefits
+ Wide choice of real estate investment, including condominiums, shared ownership options, freehold homes and marina slips.
+ St Kitts passport is now the most accepted CBI passport in the Caribbean with visa free access to 154 countries, including Russia, UK, Ireland and all EU Schengen states.
+ St Kitts is committed to expanding their visa waiver program with more countries and has recently signed visa waivers with Mexico, Georgia, Albania and The Marshall Islands.
The St Christopher (St Kitts) and Nevis passport issued is valid for 10 years, which can be renewed thereafter.
Please look for the Citizenship by Investment caption on qualifying properties.