Saint Kitts & Nevis Reduces Contribution for a Family of Four

Contribution reduced from USD 195,000 to USD 150,000 per Family

Dr. Antoine Saliba Haig | Published on 05 Jul 2020

Saint Kitts  Nevis Reduces Contribution for a Family of Four

St Kitts Citizenship by Investment - Contribution Updates

The Citizenship by Investment Unit of Saint Kitts & Nevis has announced a reduction in the contribution required to apply for citizenship by investment. The reduction in price is quite significant however applicants may qualify for such contribution only until the end of this year. Prior to this amendment the investment required by a family of four persons amounted to USD $195,000. 

With immediate effect this has been reduced to USD $150,000.

Prior to this amendment, a single applicant was required to contribute USD $150,000 and a family of up to four, USD $195,000 in the Sustainable Growth Fund. The Government of St Kitts and Nevis has thus decided to temporarily reduce the family minimum contribution by USD $45,000 to USD $150,000. The minimum contribution for a single applicant will remain at USD $150,000 and due diligence fees remain unchanged. 

St Kitts Citizenship by Investment Programme and Covid - 19

Saint Kitts Prime Minister Timothy Harris commented that this limited time offer will provide St Kitts with the resources required to help the country in its fight against COVID-19 and enhance the safety nets for those who have lost their jobs or income as a consequence. Mr Les Khan, the Head of the Citizenship Unit in his reaction said that in today's uncertain world it is only right that individuals and families want the ability to travel the globe as flexibly and confidently as possible and that the country has been offering this peace of mind for longer than any other citizenship programme and, with visa-free access to 156 countries

Covid-19 Citizenship Amendments

This limited time offer makes Saint Kitts & Nevis, the fourth Caribbean country to make amendments to its citizenship by investment programme as a direct consequence of the Covid-19 pandemic. Antigua & Barbuda launched the University of the West Indies Fund Option for large families whilst Saint Lucia broadened the definition of dependants and introduced a Covid-19 Relief Bond Option. Dominica has also broadened the definition of dependants making it possible for siblings of the main applicant to be included in the citizenship application.

 



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