Following unprecedented demand, Saint Kitts & Nevis’ citizenship by programme has extended its popular limited time offer allowing families of four citizenship for a reduced fee of US$150,000.
The limited time offer, which gives a family of four citizenship of the Caribbean island of Saint Kitts in exchange for a US$150,000 donation to the country’s Sustainable Growth Fund, was launched during the pandemic in 2020 for just six months.
However, due to its popularity especially among HNWIs across the Middle East and Asia, the CBI Programme offer has been extended.
Introduced in 1984 following St Kitts’ independence from the UK, the nation’s CBI Programme offers investors a safe and secure route to second citizenship and to a second passport for all the family.
The fund option is the fastest and most straightforward route to St Kitts citizenship and is the only path that offers the limited time offer. Under the discount, families of up to four can gain citizenship for US$150,000 rather than the previous cost of US$195,000. This accounts for a $45,000 price cut.
The importance of keeping the family structure together is reflected in St Kitts and Nevis’ CBI Programme, making it particularly attractive to Middle Eastern families.
“In addition to the parents of the main applicant, the spouse […] and the grandparents can also apply… They will have to be over the age of 55 years,” notes Les Khan, CEO of St Kitts and Nevis’ CBI Unit on the significance of the limited time offer.
“This was an adjustment that we made to accommodate and recognise that in the Middle East specifically, there are a lot of families where the parents take early retirement and now become dependent on the children at a very early age. [This adjustment] reinforces the government’s thoughtfulness in considering such a family,” he added.
Saint Kitts’ Citizenship by Investment Programme
Established in 1984, Saint Kitts’ CBI programme remains the ‘Platinum Standard’ of the industry. It is widely renowned in the industry for being one of the most efficient, transparent and reliable options for economic citizenship and has been recently announced as the second best CBI Programme worldwide (just one point less than Dominica) according to the CBI Index 2020.
The fastest CIP worldwide, it is the only citizenship by investment nation to offer a secure, fast-track route. For a fee, the Accelerated Application Process (AAP) delivers a guaranteed 60-day result. The programme is also family-inclusive, allowing for parents and grandparents of both the main applicant and spouse, above the age of 55 and 65, respectively, as well as siblings, having recently announced the inclusion of siblings in an application.
The fastest and most straightforward route to second citizenship in St Kitts and Nevis is the Sustainable Growth Fund which currently offers applicants a limited-time offer. Until January 15th, 2021, families of up to four who choose to become citizens only need to invest $150,000 instead of $195,000.
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To find out more about the Saint Kitts & Nevis CBI Programme, read our country profile by clicking here