The crisis situations that arose in 2022 have been transferred to the new year 2023, which will be an unconditional incentive to choose one of the Citizenship by Investment programs. Meanwhile, the industry pioneer, the Citizenship of Saint Kitts by Investment Program, is transforming under the leadership of a new team.
Since January 1, 2023, the CIU of Saint Kitts and Nevis, is headed by a local official, Mr. Michael M. Martin. He succeeded Mr. Les Khan, who had held the position for seven years. These years were the most successful in the history of the St. Kitts investment program. The first official statement from the new leadership of the Unit states that new options have been approved in the program and rebranding has been announced. «Backed by strong due diligence, good governance and transparency, investors and citizens of St Kitts and Nevis can rest assured that the integrity of the program will be maintained», – says new Head of the CIU in his statement.
What’s New in Saint Kitts Citizenship by Investment Program? Limited Time Offer
From January 1 to June 30, 2023, rates have been reduced for a non-refundable contribution to the Sustainable Growth Fund (SGF). 125,000 USD per applicant vs 150,000 USD before, for a family (investor + spouse + 2 children) the investment amount is 170,000 USD. Applications submitted under the LTO will benefit from the reduction of the minimum amount of contribution payable by applicants and will qualify for the Accelerated Application Process (AAP) with a shortening of processing timeframe from 90 days to 60 days, at no additional cost.
The Private House option has been renewed with the investment amount of 400,000 USD. Two or more main applicants may apply for citizenship by investment together by purchasing one piece of real estate, provided each main applicant contributes the minimum investment of 400,000 USD.
The option the Alternative Investment Option (AIO) has been replaced with a new one – Public Good Investment Option, where the minimum investment per application is 175,000 USD.
The Citizenship of Saint Kitts and Nevis program has lower government fees for all program options. Real estate, including shares in projects, can no longer be resold to a new St. Kitts Citizenship by Investment Program candidate after the deadline.
Standard application fees for Real Estate, Private Home and PGIO investment options
US $25,000 – Main applicant US $15,000 – Spouse US $10,000 – Dependant child under 18 US $15,000 – Dependant child/other qualified dependant over 18
Due Diligence Fees
Upon submission of an application, non-refundable due diligence fees must also be paid. These fees amount to US$7,500 for the main applicant and US$4,000 for each dependant who is over the age of 16 years (or who will turn 16 within 3 months of submission of the application).
Application Processing Fee
A non-refundable application form processing fee of US$250 is payable to the Unit on every CBI application. Please send us list of members of your family you want to add in application as dependents so we could provide total costs calculation – info@apexcap.org, atannous@apexcap.org
Citizenship of Saint Kitts and Nevis: benefits
Saint Kitts and Nevis was the first country to introduce a Citizenship by Investment Program in 1984, facilitating the second citizenship opportunities for individuals from around the world. Today, a St. Kitts and Nevis passport is considered one of the top 25 passports in the world, delivering freedom of travel.
Citizenship of St. Kitts and Nevis 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.