Saint Kitts and Nevis Real Estate Investment

Citizenship by Investment through Real Estate

The world is moving fast and people are getting more interested in getting benefits out of opportunities that cater to their needs on a global level. Similarly, getting dual citizenship programs open the doors of becoming a global citizen in the long run.

In the same manner, St. Kitts & Nevis offer citizenship through the investment program. The government has introduced Real Estate investment programs to boost its economy through the private sector.

As a result of this contribution to the St. Kitts and Nevis economy, the investors get citizenship of St. Kitts & Nevis. This citizenship gives them equal rights as of the local citizens when it comes to health, education and business opportunities

Why Invest in Real Estate?

Investing in Real Estate has the following merits:

  1. 1. St. Kitts & Nevis is an Island country that naturally contains rain forests, sunny beaches and fresh springs of water. This kind of landscape attracts massive numbers of tourists annually to this area.
  2. 2. The tourism industry is flourishing in the Caribbean especially in St. Kitts & Nevis because of its strong passport ranking and traveling access to over 150+ countries globally. This naturally creates a need for places of accommodation and eateries.
  3. 3. Purchasing properties such as Villas, resorts and hotels in St. Kitts & Nevis is a profitable business. Moreover, interested people can make a breakthrough in global business. Besides, the property is further saleable after completing the holding period of 5 years and 7 years.

4. There are no taxes on the income earned globally and one does not have to worry about paying heavy taxes on the revenue being generated through business investments.

5. The real estate properties are closely monitored by the government officials and they run background security checks before approving this kind of investment.

Requirements

The requirements for investing in Real Estate are:

The Applicant should have a good moral character
The Applicant must be 18 years old or above
The Applicant must not be involved in any criminal activity
The Applicant should be financially stable

Investment Amount

Since the tourism industry is one of the main revenue generations means for St. Kitts and Nevis, investing in an authorized real-estate are both profitable and secure. This option is further divided into a 5 year hold period and 7 years hold period.

Interested applicants should meet the following requirements for getting citizenship through these options:

1.5 Year Hold Period:

  • The main applicant will pay US$400,000 and the property can only be sold after the completion of a 5 year period.
  • The Due Diligence fee is US$7,500 for the main applicant and US$4,000 for each qualified dependent over 18.
  • The Government fee also applies to this means of investment that is US$35,000 for the Main Applicant.
  • US$20,500 for spouse and US$10,050 for qualified dependent without any required age criteria.

2.7 Year Hold Period:

  • The main applicant is required to pay an amount of US$200,000. The purchased authorized property cannot be sold before completing the 7 year Hold Period.
  • The In this option, the Government fee is US$35,000 for the Main Applicant.
  • It is US$20,500 for a spouse and US$10,000 for every qualified dependent without any age criteria.
  • The Due Diligence fee is US$7,500 for the main applicant and US$4,000 for each qualified dependent over 18.

Saint Kitts and Nevis Immigration and Citizenship Consulting