The Saint Kitts and Nevis Citizenship by Investment (CBI) program has been updated to allow cryptocurrency as a “partial” source of wealth for applicants. The Citizenship by Investment Unit (CIU) outlined new requirements, including additional due diligence fees and specific wealth verification documentation.
In addition to this change, the CIU has introduced other policy adjustments. Now, main applicants can have their applications financially sponsored by their parents or children, provided that the relationship is verified through birth certificates. Sponsors must submit extensive documentation, including application forms, proof of employment, bank statements, reference letters, and proof of address. Due diligence checks and fees will apply to sponsors as well.
Another significant policy update affects name changes on Certificates of Registration. The CIU will no longer process these changes immediately; instead, they will be reflected during passport renewal, with previous names noted on the passport’s observation page.’
Program Overview
The St. Kitts and Nevis Citizenship by Investment (CBI) program is one of the longest-standing and most respected programs in the Caribbean. It provides individuals and their families with the opportunity to obtain citizenship in this picturesque twin-island nation, located approximately 2,000 km southeast of Miami. Known for its stunning beaches and lush tropical scenery, St. Kitts & Nevis offers both natural beauty and a high standard of living.
Renowned for its efficiency, the program features a straightforward application process that allows successful applicants to secure citizenship within a matter of months. Eligibility requires making a qualifying investment, either by purchasing real estate or contributing to the government. Additionally, all applicants must apply through an Authorized Agent and undergo a rigorous due diligence process.
Investment Options
To qualify for St. Kitts and Nevis citizenship under the St. Kitts & Nevis Citizenship by Investment (CBI) program, applicants must be at least 18 years old, meet all application criteria, and choose from the following investment options:
1. Sustainable Island State Contribution (SISC)
Applicants can make a non-refundable contribution to the SISC fund, with the following requirements:
USD 250,000 for the main applicant and up to three dependents
USD 50,000 for each additional dependent over 18
USD 25,000 for each additional dependent under 18
2. Approved Public Benefit Project
A minimum non-refundable contribution of USD 250,000 to a designated public benefit unit within an Approved Public Benefit Project.
3. Real Estate Investment
Applicants may qualify by purchasing real estate from an approved development, with the following minimum investment thresholds:
USD 325,000 for an approved real estate development
USD 325,000 for a condominium unit
USD 600,000 for a single-family private residence
Real estate purchased under this program can be resold after seven years, subject to specific conditions.