A month ago, in April 2021, Cabinet announced new investment option to qualify for Citizenship of St. Kitts. This modification is included in the St. Kitts Statutory Rules and Orders. So now you may choose any house on St. Kitts or Nevis with value not less than US $400,000 to apply for citizenship. There is no list of authorized real estate for this Private Home option. But you must keep in mind a few rules. First of all, you may not buy a part of the building like an apartment or unit in the hotel. Or be a fractional owner, or own a share. The value of the land shall not be included in determining the value of the home. A property purchased under the Private Home plan shall not be resold for a period of at least 5 years. Note that the property shall be owned by certificate of title.
Option «Citizenship of St. Kitts for the purchase of a private home» is officially a limited time offer. It will last only until 1st of November 2022.
If you choose to buy a house in Saint Kitts (Caribbean) US $400,000 worth, you will see that the price tag of the available offers is much higher. And the choice is quite limited. For example, 3 bedroom home in St Kitts situated in Frigate Bay with views of golf course, Southeast Peninsula and mountain Nevis. North Frigate Bay overlooks the Atlantic Ocean and offers superb ocean views and great swimming, while Frigate Bay South fronts on to the Caribbean Sea.
Decorated and furnished to a high standard, this property is offered turn key and move in ready. The mid-level features a well-equipped Italian kitchen featuring stainless steel appliances and granite topped island on the main level together with a comfortable family area with large TV and a computer nook. The property comes fully air-conditioned and with ceiling fans and a double parking area.
3 bedrooms, 3.5 bathrooms, internal area of 3800 ft2, total area — 6568 ft², a covered 400 sq ft veranda. Price — US $875,000.
This home is located within a gated community with amenities and services including a community tennis court and a development wide generator in case of power outages. The community is conveniently located minutes from the heart of Frigate Bay, within easy reach of the airport.
Nevertheless, applicant may choose donation to a government fund as an CIP option and invest US $150,000 for single applicant or for the family of 2-4 members.
“Saint Kitts and Nevis is one of the most popular destinations for luxurious island holidays and for choosing resort properties as a second home. Of course, the famous program “Citizenship of St. Kitts by Investment” also helps to develop local economy. So, the program offers to choose between contributing to the state fund and acquiring real estate or a share in it. And it is not necessary to visit Saint Kitts in order to apply for a passport for yourself and the family. We will start the application procedure remotely,” – says Orisia Williams, Managing director of APEX on Saint Kitts.
A St. Kitts and Nevis passport gives the opportunity for a visa-free travel to more than 130 countries, including the UK and the Schengen area. Those pursuing the Citizenship by Investment Program in St. Kitts and Nevis are also eligible to apply for a 10-year visa for the US, facilitating business immigration.
Note that Apex Capital Partners Corp. works as an official agent to work with CIP in Saint Kitts and many other in the Caribbean.