The Government of St. Kitts & Nevis Citizenship by Investment Programme |
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I. Citizenship of Saint Christopher and Nevis is
governed by Chapter VIII (Sections 90-95) of
the Constitution of Saint Christopher and Nevis.
II. In 1984 in pursuance of Section 92 (1) (h)
Parliament prescribed that such other persons
who would be entitled, upon making application,
to be registered as citizens. Section 3 (5)
of the Saint Christopher and Nevis Citizenship
Act, 1984 (No. 1 of 1984) provides as follows:
“Subject to subsections (8) and (9) of this section, a person is entitled, upon making application under this subsection to the Minister in the prescribed manner and upon payment of any fee that may be prescribed, to be registered as a citizen of St. Christopher and Nevis without any rights of voting save under and in accordance with the provisions of any law governing the qualification of voters, if the Cabinet is satisfied that such person has invested substantially in St. Christopher and Nevis.”
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The Investment requirement may be
satisfied in any of the following ways:
a. a substantial investment of at least $350,000.00
United States currency or its equivalent in
East Caribbean currency in an “approved
investment project”
b. a minimum contribution into the Sugar Industry Diversification Foundation of:
i) Single applicant: US$ 200,000
ii) Applicant with up to three dependants (i.e. one spouse and two children below the age of 18): US$ 250,000
iii) Applicant with up to five dependants (i.e. one spouse and four children): US$300,000
iv) Applicant with six or more dependants: US$ 400,000
The fee for each Certificate of Registration is
US$47.00 or its equivalent in East Caribbean
currency. The cost of each passport is US$32.00
or its equivalent in East Caribbean currency.
The registration fees applicable will be:
a. US$35,000.00 or its equivalent in East Caribbean currency for head of household (male or female) or any other adult.
b. US$15,000.00 or its equivalent in East Caribbean currency for either spouse.
c. US$15,000.00 or its equivalent in East Caribbean currency for each child under 18 years, and
d. US$35,000.00 or its equivalent in Eastern Caribbean currency for unmarried dependant child of the applicant between the ages of 18 and 25.
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Once an item of real estate has been the basis
of a successful economic citizenship application,
that item of real estate shall cease to be an“approved investment” for any further application
without prior approval of the Cabinet.
III. Application forms may be obtained from authorized corporate providers in St. Kitts or Nevis or lawyers practicing in St. Kitts or Nevis. Photocopies of the application forms will not be accepted.
IV. The Government’s banking facility is the
St. Kitts-Nevis-Anguilla National Bank Ltd., P. O.
Box 343, Basseterre, St. Kitts; telephone (869)
465-2204, fax (869) 465-1050. Government’s
account with this bank is No. 71050. You may
therefore deposit any monies to this account,
making all cheques payable to the Accountant
General. Note: Additional documentary requirements are included on the Application Form for Citizenship by Investment.
Applicants are also advised that monies are also
payable through the following banks in St. Kitts:
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Bank of Nova Scotia
Tel: (869) 465-4141
Fax: (869) 465-8600 |
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First Caribbean International Bank
Tel: (869) 465-2519
Fax: (869) 465-1041 |
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Royal Bank of Canada
Tel: (869) 465-2259
Fax: (869) 465-1040 |
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The bank will hold the monies in escrow.
Once the application is accepted, the bank will
be requested to release the funds so that the
transaction can be completed. On the other
hand, if the application is NOT accepted, the
monies deposited at the bank will NOT be
withdrawn. In either case, the applicant will be
informed of the status.
Approved Projects for Economic Citizenship
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The following is a listing of acitive approved developments in St. Kitts:
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