New contribution amount proposed by St. Kitts and Nevis’ Citizenship by Investment Unit

According to the Prime Minister of St. Kitts and Nevis, Hon Timothy Harris, the key changes are as follows:

The Sustainable Growth Fund (replacing SIDF) for a single applicant will require a contribution of US$150,000, inclusive of government fees. The contribution for a family of up to four will be US$195,000, following incremental steps vs US$150,000 for a family of 4 under the Hurricane Relief Fund (HRF).

The existing real estate investment option remains at US$400,000, plus US$75,000 in government fees. This investment can still be resold after five years. However, in order to attract luxury resort developments, there is now being proposed another option where real estate offerings that require a US$400,000 investment may attract two applicants at US$200,000 each, plus government fees. However, this can only be resold after seven years.

https://www.thestkittsnevisobserver.com/featured/pm-unveils-new-cbi-fund/

https://imidaily.com/caribbean/breaking-saint-kitts-cip-announces-new-prices-for-both-real-estate-and-contributions/

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