St Kitts Real Estate that is Eligible for Citizenship by Investment.
St Kitts Real Estate Citizenship by Investment Option
Applicants may qualify for citizenship through an investment in a pre-approved real estate project, which may include hotel shares, villas, and condominium units. The minimum real estate investment required by law is US$400,000 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.
Real Estate – Fee and Costs
On approval in principle of an application made through a real estate investment, a Government fee applies, as follows:
- Main applicant: US$50,047
- Spouse of the main applicant: US$25,047
- Dependent child of the main applicant under 18 years of age: US$25,047
- Dependent child of the main applicant above the age of 18 years or dependent parent aged 65 and above: US$50,047
In addition to these fees, real estate buyers should be aware of purchase costs (mainly compulsory insurance fund contributions and conveyance fees).