The St. Kitts & Nevis CBI Program has introduced significant changes, including accepting cryptocurrency as a source of wealth and updating its sponsorship and name change policies. These changes create more flexibility for investors seeking a second citizenship.

Cryptocurrency Now Accepted for Wealth Verification

In a groundbreaking move, the St. Kitts & Nevis Citizenship by Investment Unit (CIU) now allows applicants to use cryptocurrency as part of their financial proof. This update follows global trends, with Hong Kong’s Capital Investment Entrant Scheme (CIES) also recently recognizing digital assets. While this change opens new opportunities for cryptocurrency holders, applicants must provide additional wealth verification documents and pay extra due diligence fees to ensure compliance.

Expanded Sponsorship Options for Families

Another major update is the expansion of sponsorship options. Now, parents and children of applicants can financially sponsor them. This allows for greater family involvement in the application process and provides more support for those seeking citizenship.

Sponsors will need to submit:

✅ Proof of address

✅ Completed application forms

✅ Additional due diligence fees and background checks

This policy update makes it easier for families to secure a second citizenship together.

New Name Change Process

The CIU has revised its policy on name changes. Applicants can no longer change their names on Certificates of Registration. Instead, any name updates will only take place during passport renewal. If a name change has already been made, it will now appear on the passport’s observation page. This update ensures a more streamlined process and simplifies personal information management for citizens.

What These Changes Mean for Investors

The St. Kitts & Nevis CBI Program continues to adapt to modern financial landscapes. By embracing cryptocurrency and enhancing family sponsorship options, the program provides greater flexibility and accessibility to global investors.

At Dual Luxury World, we help investors navigate these updates and make informed decisions on their second citizenship journey. If you’re interested in applying for the St. Kitts & Nevis CBI Program, our team is here to guide you through the process.

📩 Contact us today to explore your opportunities for global mobility and financial freedom!

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