The st kitts nevis real estate investmentCitizenship by Investment Unit (CIU) announced changes to its program, effective immediately. This follows similar adjustments by other Caribbean countries.
Reduced Contribution for SISC Option
The minimum investment for the Sustainable Island State Contribution (SISC) option has been lowered significantly:
- US$250,000 for a single applicant or family of four (previously US$350,000)
- US$25,000 for each additional dependant under 18
- US$50,000 for each additional dependant aged 18 or older
Real Estate and Public Benefit Options Remain Unchanged
Minimum investments for Developer’s Real Estate, Private Real Estate, and Public Benefit options remain the same:
- Developer’s Real Estate Investment: US$400,000
- Private Real Estate Investment:
- US$400,000 (condominium/approved development share)
- US$800,000 (single-family dwelling)
- Public Benefit Option: US$250,000
All real estate investments require a seven-year holding period before resale.
st kitts nevis real estate investment Post-Approval Fees
The memo clarifies post-approval fees for Real Estate and Public Benefit options:
- Main applicant fees (waived for Public Benefit): US$25,000
- Spouse fee: US$15,000
- Dependant fee (under 18): US$10,000
- Dependant fee (18 or older): US$15,000
Due Diligence Fees
Due diligence fees, application processing fees, and certificate of registration fees remain unchanged for St Kitts and Nevis citizenship:
- US$10,000 for the main applicant
- US$7,500 for the spouse and each dependant aged 16 years or over
- Application Processing Fee: US$250 per applicant
- Certificate of Registration Fee: US$50 per applicant