In 2007, Tisoro Global was tasked by the government with overhauling the program and spearheading its international promotion for multiple years. Throughout this period, the St. Kitts and Nevis Citizenship by Investment Program emerged as the most prosperous of its kind worldwide.
Investment
USD 250,000
Processing time
Four months
Key benefit
Experience the complete advantages of citizenship for a lifetime, inheritable by future generations through descent
Numerous countries, such as St. Kitts and Nevis, have implemented programs enabling citizenship acquisition through investment and/or direct contributions to the state, aimed at fostering national development.
The citizenship program of St. Kitts was founded in 1984, necessitating applicants to make an economic contribution to the nation. In return, they and their families receive full citizenship rights.
The legal framework concerning citizenship by investment is outlined in Part II, § 3 (5) of the Citizenship Act, 1984, and the Saint Christopher and Nevis Citizenship by Investment Regulations, 2011. These regulations authorize the government to administer a program through which citizenship is conferred to individuals meeting criteria established by cabinet resolution.
Upon obtaining citizenship through the St. Kitts and Nevis citizenship program, you and your family are granted complete citizenship for life, inheritable by future generations through descent.
Effective for all CBI applications submitted from 8 July 2024, the revised CBI option investment thresholds are:
1. Sustainable Island State Contribution (SISC) (Regulation 21):
2. The Developer’s Real Estate Investment (Regulation 20) minimum investment in an Approved Development remains at US$400,000 (resalable after 7 years).
3. The Private Real Estate Investment (Regulation 22) minimum investments in Approved Private Real Estate are:
4. The Public Benefit Option (Regulation 23) minimum investment in a unit of an Approved Public Benefit Project remains at US$250,000.
The St. Kitts and Nevis Citizenship by Investment Unit (CIU) oversees all application procedures. The CIU meticulously reviews each application, mandating an interview for all investors seeking citizenship by investment. Interviews are typically conducted virtually by default or in person at a location specified by the CIU and endorsed by the Board of Governors. If necessary, dependents aged 16 years or older may also be required to attend interviews. These interviews are conducted by an impartial professional firm appointed by the CIU, which also conducts background due diligence checks on the CIU itself. Background due diligence checks are outsourced by the CIU and carried out by independent professional firms in Europe, the UK, and the USA, aligning with the requirements established by the Board of Governors. False statements or omissions in the application will result in its rejection. The applicant must personally complete the designated government forms, exclusively available from an authorized service provider. The documentary requirements for the program are reasonable, and the procedures are straightforward.
While most applicants typically visit the islands before deciding on real estate purchases, it is not mandatory for the application process. The typical timeframe for application processing from submission to the CIU's approval is 120 days (four months). However, under the real estate option, the timeframe may fluctuate depending on the development. Therefore, selecting a real estate project that complements the citizenship application efficiently is crucial.
Upon approval of the application, completion of all processes and due diligence checks, and fulfillment of the investment requirement, the main applicant receives a Certificate of Registration. This certificate must be collected in person in St. Kitts and Nevis or at an embassy or consulate designated by the CIU and approved by the Board of Governors. The Certificate of Registration signifies citizenship status, allowing the applicant to proceed with a passport application.
Tisoro Global’s fees vary based on the specific case and the number of individuals included in an application, as well as the chosen option (SISC, Approved Public Benefit Project, or real estate). The complete agreed-upon fee, minus any initial retainer, is paid into an escrow account upfront and is disbursed upon the submission of the application to the government.
There are no restrictions on dual citizenship in St. Kitts and Nevis.
If you have any questions or if you'd like a detailed breakdown of the exact costs for your family, please don't hesitate to contact us. We would be delighted to assist you.
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