Following the wave of new changes by many countries’ CBI programs, and in an effort in trying to make the programs more family-friendly, the St Kitts Nevis Citizenship by Investment Unit has announced the inclusion of siblings in its CBI Program.
The announcement was issued by the CEO of the Citizenship by Investment Unit to Authorized Persons, developers, International Marketing Agents, and other investor immigration industry stakeholders.
The changes to St Kitts & Nevis citizenship by investment program’s dependent criteria is as follows:
Effective immediately, and for all new applications, siblings will be allowed to be added to the application if they meet the following criteria:
They are the brother or sister of either the main applicant or his/her spouse who is:
- unmarried
- childless
- 30 years of age or younger
- dependent on the appticant for financial support
To reiterate, siblings will not qualify for already approved files.
Fees
- The addition of a sibling under the Real estate Option will be US $ 40,000
- The addition of a sibling under the Sustainable Growth Fund, (or Limited Time Offer) will be US $ 20,000.
Siblings must undergo all background checks and due diligence fees will apply as per the existing regulations. In addition, the submission of a sworn affidavit of the main applicant confirming that the dependent is financially dependent on the main applicant and the reason for same.
This announcement by St Kitts & Nevis puts the country in line with its other four Caribbean counterparts – Dominica, Grenada, Saint Lucia and Antigua & Barbuda.
To find out more about the St Kitts & Nevis CBI Program, click here.