St. Kitts and Nevis is an island federation in the Caribbean. Besides, St. Kitts and Nevis is a member of the Commonwealth. The currency of St. Kitts and Nevis is Eastern Caribbean Dollar (XCD) and the population of the country is around 55.000.

“Citizenship by investment program” of St. Kitts and Nevis is the oldest “citizenship by investment program” in the world, since it was launched in 1984. The program grants citizenship and a passport through donation or real estate investment. Also, dual citizenship is allowed.

The minimum investment amount of the program is $150.000 which is being donated to a state fund and the other investment option is purchasing real estate which worths at least $200.000.

Passport of St. Kitts and Nevis grants visa-free travel to 156 countries in the world including Schengen countries, United Kingdom, Switzerland, Singapore, Hong Kong.

Investment options for acquiring citizenship are:

A non-refundable donation of minimum $150.000 to the Sustainable Growth Fund (SGF) of the state.
Real estate investment is another investment option.
Investment amount is either $200.000 for a joint investment with another main applicant in a single real estate which means that two main applicants become co-owners of one real estate.

Or, investing $400.000 in for a single real estate by a single applicant.

Except from investment amount, there are government fees, due diligence fees and additional costs for family members(dependants).

Dependants: Applicants are able to apply for a spouse, children under 31, parents, grandparents aged 55 and over, unmarried siblings under 31 with no children.

SGF is a public charity and the investment amount is being donated thus it is a non-refundable option.

However, the real estate investment is a recoverable investment; investor is able to sell the real estate after 5 or 7 years. (5 years for $400.000 investment and 7 years for $200.000 investment).

As of new rules from 2012, the next buyer will qualify for citizenship.

FEES:

Donation to the SGF:
Minimum donation is $150.000 for a single applicant and additional $25.000 for a spouse, $20.000 for each sibling, and $10.000 for each dependant (except from a spouse or sibling).

Due diligence fee is $7.500 for main applicant and $4.000 for dependants above 16 years of age.

Real Estate Investment:
Purchase amount is either $200.000 or $400.000.

Government fee is $35.000 for main applicant and $20.000 for spouse and $10.000 for children regardless of age.

Due diligence fee is $7.500 for main applicant and $4.000 for dependants above 16 years of age.

PLUS, there is an Accelerated Application Process (AAP) with additional charges to finalize the application in 60 days.