St. Kitts and Nevis Citizenship by Investment Program Changes Effective on January 1st, 2023
The new Head of the Citizenship by Investment (CBI) Unit in St. Kitts and Nevis, Michael Martin, announced changes in the CBI Program. The changes will take effect on 1 January 2023
What Does The New Program Offer?
The Program offers four routes to second citizenship: investing in the Sustainable Growth Fund, purchasing Government approved real estate or a private home, or investing in the Public Good Investment Option. Each of these routes has been well-devised and is backed by laws to ensure transparency, good governance, and pragmatism.
How Long Is The Program Offered For?
The Program offers four routes to second citizenship: investing in the Sustainable Growth Fund, purchasing GovernFrom 1 January to 30 June 2023, there will be a Limited Time Offer where the 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.ent approved real estate or a private home, or investing in the Public Good Investment Option. Each of these routes has been well-devised and is backed by laws to ensure transparency, good governance, and pragmatism.
From January 2023 onwards, only Approved Developments will be eligible for the Real Estate Investment Option under the new CBI regime.
Two or more main applicants may apply for citizenship by investing together by purchasing one piece of real estate, provided each main applicant contributes the minimum investment of US$400,000.
From 1 July 2023 onwards, investment fees through the Sustainable Growth Fund stream will be changed.
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- Fast Passport Boutique is an expert in citizenship by investment. Get in touch with us today to get more information about getting an investor’s visa in St. Kitts & Nevis.
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