Real Estate Investment – Fees and Costs
The real estate investment is a recoverable investment. Our St Kitts real estate specialist will assist all our clients with easy paperwork in purchasing investment real estate in St Kitts and Nevis.
You can qualify for St Kitts & Nevis Citizenship when you invest in a pre-approved real estate project, which may include hotel shares, villas, and condominium units to qualify for St Kitts and Nevis Passport. The current minimum real estate investment required by law is US$200,000 (resalable after 7 years) or US$400,000 (resalable after 5 years) for each main applicant.
Upon submission of an application, non-refundable due diligence and processing fees must also be paid. These fees amount to US$7,500 for the main applicant, and US$4,000 for each dependent of the main applicant who is over the age of 16 years.
On approval in principle of an application made through a real estate investment, a Government fee applies, as follows:
- Main applicant: US$35,047
- Spouse of the main applicant: US$20,047
- Any other qualified dependent of the main applicant regardless of age: US$10,047
In addition to these fees, real estate buyers should be aware of purchase costs (mainly compulsory insurance fund contributions and conveyance fees).
Click here to see the list of documents required.