St. Kitts and Nevis is a Caribbean island nation that offers a passport for investment. Citizenship of the state allows you to enjoy comfortable trips to Europe and North America. In 2024, the country reduced the cost of its program. Find out how much money a foreigner needs to invest in 2024 to get a second passport here

The citizenship-by-investment program in St. Kitts and Nevis was launched in 1984 and was the first in the world. A Saint Kitts and Nevis passport provides visa-free travel to over 100 countries in Europe and the Caribbean. Obtaining a passport usually takes 6 months after making the investment.

In July 2024, the state announced the simplification of requirements for investors. Such actions became a forced measure, as the previously announced amount was not competitive with other Caribbean programs. Find out how much you need to invest now to get a St. Kitts and Nevis passport.

The list of countries to which you can get citizenship by investment in 2024 is in this article.

How much has the Federation of St. Kitts and Nevis reduced the cost of the investment program?

On July 8, 2024, the head of the agency responsible for the implementation of the Citizenship by Investment program in St. Kitts and Nevis, Michael Martin, informed about the reduction of the cost of participation in the program by $100,000.

From now on, the cost of participating in the program for one applicant or for a family of 4 is $250,000 (instead of $350,000).

For each additional applicant under the age of 18, $25,000 will have to be paid.

For each additional applicant aged 18 and over, $50,000 will have to be paid.

Importantly! The cost change only applies to the Island State Sustainable Development Fund (SISC) investment option.

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You will need health insurance to safely move and find employment in a new country. You can issue an extended policy on our website using the link.

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What is the amount of investment in other areas of the investment program of St. Kitts and Nevis

The cost of other options remains unchanged:

- from $250,000 - non-refundable contribution to social and infrastructure facilities.

- from $400,000 investment in real estate

- from $400,000 of investment within the Approved Private Home (APH) project.

The mandatory period of property ownership within the program is 7 years.

Benefits of citizenship of St. Kitts and Nevis

- A rapidly developing economy.

- Medical care in the country is free for persons under the age of 18 and over 62.

- St. Kitts and Nevis graduates are eligible for scholarships from UK universities.

- Favorable tax policy with no income, capital gains, gift, estate or inheritance taxes.

- Good international tourist connections.

- No tax on international profits to reduce the tax liability.

- High-quality offshore banking and a complex of insurance services.

Restrictions on citizenship by investment St. Kitts and Nevis

Saint Kitts and Nevis will not accept your application if you are a citizen of one of the following countries: Afghanistan, Belarus, Iran, Iraq, North Korea and Russia.

In recent years, the Caribbean islands have become an increasingly popular investment destination. After all, in addition to the high profit that business or real estate owners can get, there is a special citizenship program in the region. Currently, only 5 countries of the region provide citizenship by investment. Find out here about Caribbean Citizenship by Investment, which Caribbean countries are offering Citizenship by Investment in 2024 and what are the benefits.

It will be recalled that Hong Kong has resumed the program of issuing a residence permit for investment. From now on, you can move to the state if you make an investment of 30,000,000 Hong Kong dollars. More about the conditions in this article.

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Ihor Usyk - head of Visit World's legal department

To ensure a safe move to Hong Kong, consult a migration specialist. My colleagues, qualified specialists with legal education, will help you avoid unpleasant situations when traveling abroad.

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