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Limited Time Offer: Gain second citizenship in St Kitts and Nevis for a reduced fee

Basseterre, Feb. 16, 2023 (GLOBE NEWSWIRE) — The luxurious island of St Kitts and Nevis is offering investors the chance to gain coveted second citizenship in the nation through its citizenship by investment programme. For a limited time only, investors can contribute a reduced amount of US$125 000,000 to the Sustainable Growth Fund "" the offer ends 30 June 2023.

St Kitts and Nevis has been on a drive to attract discerning investors and recently announced substantial and industry–leading changes to its citizenship by investment programme. The changes will see high levels of integrity being injected into the programme thanks to these administrative improvements. The citizenship by investment programme has also been structured to allow for greater transparency and accountability, and investment options have been tailored to align with market realities while preserving the platinum brand.

From 1 January 2023 until 30 June 2023, those looking to tap into St Kitts and Nevis' enriching base can make a donation of just US$125 000.00 into the country's Sustainable Growth Fund (SGF) and gain second citizenship in just 60 days. From 1 July 2023, the contribution will increase to US$150 000,00 per main applicant.

Why should you invest in St Kitts and Nevis

Being a dual citizen of St Kitts and Nevis offers a plethora of benefits "" from family reunification and global mobility to enhanced security and increased economic opportunities, there are so many reasons entrepreneurs and families should seriously consider the dual island nation.

Situated between Anguilla and Montserrat, St Kitts and Nevis features pristine beaches, wondrous volcanoes, and beguiling rainforests. St Kitts and Nevis has a population of over 52,000, with an economy reliant on tourism, export–oriented manufacturing, and offshore banking.

St Kitts and Nevis Citizenship by Investment Programme is the world's longest–running CBI programme (launched in 1984) and one of the most trusted, being the first of its kind.

Since the island has award–winning and internationally acclaimed education institutions like veterinary and medical universities, it attracts global–minded professionals. People from all over the world come to St Kitts and Nevis, over a million a year to be exact, because of its booming tourism sector. Many enjoy it so much that they end up staying. Now, with more work–from–home policies than ever, many see the Caribbean as the perfect destination to get away from the bustle of big cities while continuing to be connected when business calls.

In an increasingly globalised world, unrestricted mobility is a vital tool that can help level your business to an international market. A 2022 report released by the Financial Times' Professional Wealth Management (PWM) magazine recognised St Kitts and Nevis"for having the most extensive global mobility offering in the"Caribbean out of all Caribbean CBI nations.

St Kitts and Nevis remains in high demand as a renowned port for its exceptional tourism, complemented by an unmatched experience. The nation achieved the honorary marquee tourist destination status and welcomed one million cruise passengers for two consecutive years prior to the pandemic. This means that no matter where you invest in the country, you can get a bang for your buck as almost every sector on the islands is touched by people coming and going.

Citizenship by investment programmes offer the opportunity for reputable individuals to legally obtain new citizenship in return for an investment in the economy of the host country. The main goal of these programmes is to find a win–win solution for both investors and the countries offering citizenship by investment programme.

This process aims to be relatively smooth provided that an investor delivers all the necessary documentation, passes all necessary due diligence checks, and makes the qualifying investment. The investment made by that individual is often put towards improving the quality of life for those inhabiting the host country.

The process to obtain citizenship of St Kitts and Nevis takes approximately 90 days from submission to approval in principle on the normal route. However, this can be fast–tracked to 60 days or less under the nation's Accelerated CBI Application for an additional fee.

There are no obligatory travel or residency requirements for this programme and no interview or language requirements.

Investment options

St Kitts and Nevis's citizenship by investment programme has four investment options:

The Sustainable Growth Fund

Limited Time Offer:
From 1 January to 30 June 2023, for a Limited Time Offer, a main applicant, following stringent background checks, can make a minimum investment of US$ 125,000 to the Fund and receive approval in principle within 60 days of submission of the application.

From 1 July 2023 onwards, applicants investing through the Sustainable Growth Fund are required to make a minimum investment of US$ 150,000 and can expect approval in principle within 90 days of submission of the application. The funds raised by the SGF go towards supporting sustainable growth initiatives in the country.

Real Estate

This route involves investing in government–approved real estate, with independent investors needing to make a contribution of at least US$ 200,000 and hold the property for a minimum of seven years.

Private Homes

The Private Home Sale Investment Option will be retained as a permanent investment option under the CBI Programme, where the minimum investment per application is US$ 400,000 in a private single–family dwelling house designated as an Approved Private Home.

Public Benefit Option

Public Benefit Option requires a minimum investment per application of US$175,000 in an Approved Public Benefit Investment, payable to an Approved Public Benefit Investor.


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Government of St Kitts and Nevis have their evolutionary CBI Programme reaffirmed by the 2023 IMF Report

Basseterre, Feb. 16, 2023 (GLOBE NEWSWIRE) — The latest International Monetary Fund (IMF) report that was released in January 2023, indicates a projected growth of 4.5 per cent for the nation of St Kitts and Nevis this year. This growth is supported by a steady recovery from the tourism sector and various service sectors.

The report also found that the country's Citizenship by Investment Programme also played a role in supporting the Twin Federation's growth. The current St Kitts–Nevis Labour Administration Party under the leadership of Prime Minister, Dr Terrance Drew, has made very well–considered changes to the country's investment migration programme in attempts to transform the economy into a Sustainable Island State, as highlighted in the 2023 Budget Address.

The expected growth in St Kitts and Nevis' real GDP is 5.9 per cent for 2023. The Prime Minister highlighted that the CBI Programme is also designed to generate significant revenue to create a diverse economy that will promote entrepreneurship, profitable job creation and increase homeownership.

Prime Minister Drew, said that his administration would "use the CBI revenues to fuel our plans to implement a diversified economy."

The Prime Minister emphasised the significance and benefits of St. Kitts and Nevis' CBI Programme and the importance of due diligence in ensuring that the country's programme remains reputable globally. He added "Our citizenship is precious; therefore, the evolved CBI Programme will invite bold and creative top–notch investors to our shores who will develop innovative industries in St Kitts and Nevis, the construction of 18 real estate developments pursuant to our government's priority infrastructure list, and in all things, bring substantial benefit to the people of Saint Christopher and Nevis. This evolution is perfect for our investors to explore real estate development opportunities through their CBI Programme."

St Kitts and Nevis government is looking to develop a Sovereign Wealth Fund should their financial projections materialise. This will be the world's first Sovereign Wealth Fund through the CBI Programme. The Fund will be used as a long–term investment vehicle in international markets and industries and will be managed by high–level authorities and a thorough policy to ensure the funds are directed intentionally towards disaster management. Investors will have the opportunity to improve the country's healthcare system, and social services, develop public infrastructure including energy and water security for all the Kittitian and Nevisian population, as well as digital transformation.

St. Kitts and Nevis is a two–island small yet rich economy with tourism being the island's largest contributor to their GDP, followed by the CBI Programme, agriculture, medicinal cannabis industry, construction and manufacturing sectors.

St Kitts and Nevis has been a pioneer of the global investment immigration industry for over 30 years and it continues to use revenue generated from its CBI Programme to prosper locals and international investors. Prospective entrepreneurs can become a citizen of St Kitts and Nevis in four ways:

Donating towards the country's Sustainable Growth Fund (SGF), which was established to drive economic and social development in the country. In addition, the SGF may be used to provide financial support towards education and healthcare facilities, as well as funding for constructing infrastructure, developing local tourism, preservation of local culture and heritage, and dedicated sustainable growth initiatives in the country. There is a Limited Time Offer (LTO) from 1 January to 30 June 2023. Investors applying under the LTO will benefit from a reduced minimum donation amount starting at US$125,000 for a single applicant and an accelerated CBI application with a shorter processing time of 60 days from the acknowledgement of the application by the Citizenship by Investment Unit to approval in principle, with no added costs. From 1 July 2023 onwards, there will be adjustments to the minimum donation amounts with the minimum donation for a single applicant starting at US$150,000 and the processing time will revert to the standard 90 days unless the applicant elects the accelerated CBI application route.

Investing through the pre–approved real estate from January 2023. The minimum investment required by law is US$200,000 in an Approved Development which is resalable after a period of seven years. Only Approved Developments qualify under this investment option. All real estate properties previously designated as "Approved Projects" are required to apply to be re–designated as an Approved Development on or before 10 March 2023, failing which they will no longer qualify under the real estate investment option. Additional fees apply.

Applicants may select the Private Home Sale Investment Option; the minimum investment amount is US$400,000.00 in a private dwelling home or a single–family condominium designated as an Approved Private Home. More than one main applicant may each contribute a minimum of US$400 000,00 towards the same Approved Private Home. An Approved Private Home is resalable after a period of five years, Properties previously designated as Approved Private Homes are required to re–apply to be re–designated on or before 10 March 2023, failing which they will lose such designation. This option is not applicable to apartments or multi–family condominiums. Additional fees apply.

The Public Benefit Option has replaced the Alternative Investment Option (AIO). The minimum investment amount per applicant is US$175,000.00 in an Approved Public Benefit Project, payable to an Approved Public Benefactor. Only Approved Benefit Projects qualify under this investment option. All real estate developments previously designated as AlO developments are required to apply to be designated as an Approved Public Benefit Project on or before 10 March 2023, failing which they will no longer qualify under this investment option. Additional fees apply.


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