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Saint Kitts and Nevis - Citizenship-by-Investment Program Procedures and Fees (Real Estate Investment Option)

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Saint Kitts and Nevis - Citizenship-by-Investment Program

Procedures and Fees (Real Estate Investment Option)

Summary

The Government of Saint Kitts and Nevis offers a long running Citizenship-by-Investment (or “CIB”) program, attracting international investors to obtain citizenship through substantial contributions to the development of the country. The legal basis on which the CIB is founded is contained in Part II, Section 3(5) of the Citizenship Act, 1984 and the Saint Christopher and Nevis Citizenship-by-Investment Regulations, 2011.

Investors, along with their family members, may qualify for citizenship either through an investment in a pre-approved real estate project or by donating a pre-determined amount to the Government of St. Kitts and Nevis.

The St. Kitts passport is an excellent second passport for visa-free travel to over 150+ countries and territories including the UK and the EU. Dual citizenship is allowed, and there are no local residency or visitation requirements.

While fully compliant with rules and regulations, non-resident citizens benefit from citizenship privacy and tax-free status on income, investments, dividend, capital gains, inheritance, gifts and more. Additionally, approved applicants will gain added benefits of having a St. Kitts and Nevis address.

There is also no English language proficiency requirement, and applications may be submitted remotely.

Applicants can expect to receive the St. Kitts and Nevis citizenship in 6 to 8 months from the time of the submission of a complete file to the Government authorities. Accelerated processing (45-60 days) is available with an additional fee paid to the Government of St. Kitts and Nevis.

Please note: The Government of St. Kitts currently does NOT accept citizenship applications from the countries of Afghanistan, Cuba, Iran, Myanmar, and North Korea.

Handling and Applications Fees

Kaizen’s package fee for the Citizenship-by-Investment Program is USD280,000 for applications up to a family of three (3) and one (1) bank account.

In particular, our package covers the following fees:

(1)	All application fees for up to a family of 3: (a) Main applicant: One-time Government due diligence fee; One-time Government application fee; One-time passport Government fee (valid for 10 years); (b) Spouse (if any): One-time Government due diligence fee; One-time Government application fee; One-time passport Government fee (valid for 10 years); (c) Dependent (son, daughter, etc., if any): One-time Government application fees; One-time passport Government fee (valid for 10 years); Any additional family members (regardless of age) will incur and additional charge of USD12,000;
(2)	Government-licensed service agent and bank filing fee;
(3)	Citizenship fee: Real Estate Option with a local St. Kitts and Nevis address;
(4)	Bank escrow agent fee;
(5)	Bank Citizenship advisory fee;
(6)	Bank passport service fee;
(7)	1 Bank account.

Furthermore, our package covers the following services:

Eligibility assessment and consultation;
Continuous advice and guidance throughout the application process;
Liaison with the Government-licensed service and bank escrow agent;
Assistance with gathering the supporting documents;
Preparation of the application forms;
Submission of the application package to the Government of St. Kitts and Nevis;
Liaison with the government authorities and reporting of the application status;
Responding to requests for additional documents, if any;
Assistance with the medical and security screenings and documentation;
Upon approval of the citizenship application, forwarding of the passport(s) to the address provided by the applicant.

Payment Terms and Method

Upon receipt of the confirmation of engagement, we will issue an invoice and email it to you together with the detailed payment instructions. Due to the nature of the service, we require full payment in advance. In addition, once service is commenced, no service fees will be refunded.

We currently only accept check, cash or TT and credit card payment through PayPal. If invoice is settled by PayPal, an extra 5% service fee will be charged.

If China or Taiwan official tax invoice is required, Value-Added Tax or Business Tax at the prevailing rate in the respective jurisdiction will be charged and collected.

Eligibility Criteria (Real Estate Investment Option)

Applicants may qualify for citizenship through an investment in a pre-approved real estate project, which may include hotel shares, villas and condominium units. The minimum real estate investment required by law is USD200,000, and the property is resalable after seven (7) years.

Approved applicants may take advantage of the property by staying 1 to 5 weeks out of the year.

To qualify, an applicant must:

Be at least 18 years of age;
Possess legal source of funds for the investment and the payment of Government fees and charges;
Hold the purchased property for 7 years (or 5 years under the USD400,000 property option);
Successfully pass criminal and immigration screenings (due diligence);
Successfully pass medical screening.

Documentary Evidence and Information Requirements (Real Estate Investment Option)

The following documents are required for each applicant:

(1)	Photograph and Signature Certificate (Form C2);
(2)	Medical Certificate (Form C3) including original results of HIV test (required for all persons applying for citizenship including children). The HIV test must not be older than 3 months;
(3)	Certified copy of current passport(s) showing, name, photo, citizenship/nationality, date and place of issue, expiry date, passport number and issuing country;
(4)	Certified copy of current national identity card(s);
(5)	Six (6) original passport-size photos taken within the past 6 months; The photographs must be: A full front close view of the head and shoulders, with the head covering 70% to 80% of the photograph; Without sunglasses. Tinted prescription may be worn if eyes are still visible; Show you looking straight at the camera, your eyes open, no hair covering your eyes and without a head covering; Be taken with a neutral expression (not laughing or frowning) with mouth closed; A true image and not altered in any way, with a plain, light-colored background, clear sharp focus; Approximately 35 x 45 mm in size, of good quality color and on high quality paper; The photos must be the same in all aspects, and one of the photos must be certified and attached to Form C2.
(6)	Original excerpt of full birth record or certified copy of birth certificate (i.e., a birth document that also includes your parent’s details, or a household register, family book, etc.);
(7)	Original police certificate(s) of less than 6 months old at the time of application from country of citizenship (unless satisfactory evidence that you have never lived there) and from any country where you have lived more than one (1) year over the past ten (10) years. If you are unable to provide a police certificate, you must provide a separate statutory declaration in both English and your own language, detailing your attempts to obtain a police certificate and stating whether you and any accompanying family members have been found guilty or convicted of, or charged with offences against the law in that country, or have not been charged with any offences against the law of that country. This statutory declaration should also be supported by other information attesting to your character;
(8)	Certified copy of military record(s) (if applicable);
(9)	Certified copy of proof of name change (if applicable, i.e., statutory declaration, adoption papers, etc.);
(10)	Any documents required as evidence, explanation or otherwise in support of any of the answers given or statements made in the forms.

The following forms and documents are required only once from the main applicant:

(1)	Copy of duly executed real-estate contract (Purchase and Sales Agreement);
(2)	Copy of duly executed escrow agreement;
(3)	Evidence of title transfer (either deed or certificate of title) if closing on the property has already taken place and confirmation of all funds having been deposited into escrow account;
(4)	One (1) original bank reference letter issued by an internationally recognized bank, not older than six (6) months;
(5)	One (1) original professional reference (e.g., from an attorney, notary public, chartered accountant, or other professional of similar standing), not older than six (6) months;
(6)	One (1) original document of evidence of residential address (e.g., certified copy of a recent utility bill or bank statement showing full name and address, or written confirmation from a bank, attorney, chartered accountant, or notary public).
The following documents are required only in the case of married persons applying together:
(7)	Original excerpt of marriage record or certified copy of marriage certificate(s) (if applicable);
(8)	Certified copy of divorce document(s) (if applicable).

Application Steps and Estimated Timeline

Step	Procedure	Responsible Party	Estimated Processing Time
1	Our consultant will evaluate the applicant(s) personal circumstances and assist with selecting the most suitable investment option.	Applicant(s) / Kaizen	2-3 weeks
2	Collect and check all documents for compliance and ensure all requirements are met.	Applicant(s) / Kaizen	2-3 weeks
3	Once all original documents are collected and sent to us, our consultant will review the application file and prepare it for submission. The complete file is then submitted to the Government of St. Kitts and Nevis.	Applicant(s) / Kaizen	2-3 weeks
4	Each application is vetted by the Government through a thorough due diligence background check, during which time submitted information is examined and verified.	St. Kitts and Nevis Government	2-4 weeks
5	Once the application is reviewed by the Government and the decision made, the applicant will be issued a letter advising of the decision.	St. Kitts and Nevis Government	12-18 weeks
6	Once the application is approved, the main applicant will be required to complete his/her investment.	Applicant(s)	Applicant’s schedule
7	Upon completion of the investment, the citizenship certificates will be issued to the applicant(s), and the passport application(s) will be submitted. The passport(s) will be couriered to the applicant(s)’ preferred address.	Kaizen / St. Kitts and Nevis Government	8-12 weeks
Estimated Total Processing Time			28-43 weeks

Saint Kitts and Nevis - Citizenship-by-Investment Program Procedures and Fees (Real Estate Investment Option)

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