The St Kitts & Nevis Government has updated their Citizenship by Investment Programme (CIP) to make it more competitive within the region.
They will now permit the sibling of the main applicant or his/her spouse to be added to the application if the meet the following criteria:
- 30 years of age or younger
- Dependant on the applicant for financial support
The additional cost to include a sibling will be US $40,000 under the real estate option or US $20,000 under the Sustainable Growth Fund.
The policy will only affect applications submitted from November 6th, 2020 onwards and may not be applied retrospectively to already-approved files.
As the world’s oldest CIP, St Kitts & Nevis continues to be attractive to private clients looking at second citizenship. Passport holders enjoy travelling to over 157 countries without the need to apply for a visa.
To see the complete list of visa-free countries use our Country Access Tool.
St. Kitts & Nevis does not impose personal income, inheritance or net-worth taxes which gives it a competitive advantage compared to many of the other CIPs.
Different Sibling Criteria for Caribbean CBI Countries:
This announcement puts the country in line with its other four Caribbean CBI countries: Dominica, Grenada, St Lucia and Antigua & Barbuda which all have included siblings in their applications for some time with varying criteria.
The maximum age for siblings allowed in St Lucia is 18, in Dominica it’s 25, and St Kitts & Nevis it’s 30. Grenada & Antigua have no maximum age restriction.