St Kitts and Nevis Citizenship Lowers Cost for Real Estate
St Kitts and Nevis Citizenship by investment was among the most expensive option in the Caribbean CBI programs. But that is past as the St Kitts and Nevis citizenship cost has been reduced by the CIU unit even other Caribbean countries rise the citizenship prices in July 2024. As per the SRO (STATUTORY RULES AND ORDERS) 43 of 2024, the Saint Christopher and Nevis Citizenship by Substantial Investment requirement starts from $325,000 instead of $400,000.
St Kitts and Nevis Citizenship Cost Details
With the St Kitts and Nevis citizenship cost reduced, the St Kitts citizenship has become more competitive. Previously, the share in condominiums and development requires a minimum investment of $400,000 and $800,000 or more for a single-family private home. The St Kitts and Nevis Citizenship SRO 43 amendment requires a reduced price of $325,000 for condo and $600,000 for a single-family private home. You can resale your share or property after 7 years in open market.
Back in July 2024, the St Kitts and Nevis CIU also decreased the citizenship prices for its Sustainable Island State Contribution program. Now an investor needs to pay $250,000 to get St Kitts citizenship via donation including Public Benefit Option and Sustainable Island State Contribution. Investor must pay other fees including govt fee, passport fee, due diligence and others.
Why to Get St Kitts and Nevis Passport?
St Kitts and Nevis passport is one of the most powerful passport that ranks on 23rd spot in Henley Passport Ranking 2024. St Kitts passport holder can travel to 157 countries without visa requirements. This main includes the UK, Schengen states, Hong Kong, Malaysia, Russia and others. St Kitts is a powerful passport that rank first when comparing Caribbean citizenship programs.