St Kitts and Nevis CBI program is amongst the best options for high-net-worth individuals seeking a cost-effective and expedited solution to obtaining a second citizenship and passport for the ease of visa-free travel for themselves and their family members. A powerful passport that provides visa-free entry to 156 destinations worldwide, competitive pricing, and a simple procedure are all reasons that spur investors to purchase a second passport from St. Kitts.
The St Kitts passport cost will vary greatly, depending on the investment option chosen and whether the investor is applying as an individual or with family members. The following two examples will provide a snapshot of what is the cost of citizenship in St Kitts.
St. Kitts and Nevis has set due diligence and processing fees as follows:
In one scenario, if an investor is applying as a single applicant for the SGF, the price for the St Kitts and Nevis passport would be $150,000 before applicable due diligence, legal, and administrative fees. Including the processing and passport fees the total comes down to $157,850.
In another scenario, if an investor is applying for the seven-year holding period real estate option together with their spouse and two children below the age of 16, the total cost would be $307,900, meaning the average cost for the passport would only be $76,975 per person.
For serious investors wishing to buy a second passport from St. Kitts, knowing the overall fee structure and extra costs involved is key. The following provides an overview of the essential application fees involved that make up the St. Kitts and Nevis citizenship cost:
|Minimum CBI investment:||Due diligence and Processing fees:||Government Fee*:||Passport Fees:|
|$150,000 Sustainable Growth Fund (SGF) OR||$7,500: Due diligence of the main applicant||$35,050: Main applicant||$350: Per applicant|
|$200,000 (Real Estate)||$4,000: Due diligence for a financial sponsor||$20,050: Spouse of the main applicant|
|$4,000: Due diligence for a dependent over 16||$10,050: Any other qualified dependent of the main applicant, regardless of age|
In addition to the above application fee structure and costs, investors considering the Accelerated Application Process (AAP) fast-track route, which allows them to obtain their St Kitts and Nevis citizenship in as little as 60 days; there is an additional cost for this luxury.
Absolutely! If you’re looking for enhanced travel mobility, the St. Kitts and Nevis passport gives you visa-free access to 156 destinations worldwide. The country is also considered a tax haven, the program itself is easy, affordable, and you can add your entire family!
It only takes 3 months to complete the process, unless you opt to pay for the accelerated service which only takes 45-60 days of processing. This means the process has an average timeline of 2 months!
St. Kitts and Nevis passports are issued for 5 years at a time and are renewable indefinitely. Meaning you and your family are forever citizens of St. Kitts and Nevis. One more thing to keep in mind is that just like issuing the passport for the first time, renewing it does not require traveling to St. Kitts and Nevis and can be done remotely!
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St Kitts and Nevis CBI program is amongst the best options for high-net-worth individuals seeking a cost-effective and expedited solution to obtaining a second citizenship and passport for the ease of visa-free travel for themselves and their family members.