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St. Kitts & Nevis

Golden Visa Program

With its breathtaking natural beauty, warm skies and white sandy beaches, St. Kitts & Nevis is one of the most stunning destinations in the Caribbean. And you could be waking up there every morning in as little as a few months.

WHY CHOOSE ST. KITTS & NEVIS?

This beautiful two-island nation is blessed with tropical temperatures, clear blue waters and a bustling trade and tourism economy. It is well-connected by direct f lights to and from Europe and the U.S., and offers residents and citizens sought-after advantages, such as dual citizenship and tax-free worldwide income. As one of the longest-established programs of its kind, the St. Kitts & Nevis Citizenship by Investment Program offers applicants a host of unique benefits:

  • Fast processing within 4 months;
  • Inclusion of dependent children under 25, and dependent parents 65 and over;
  • Addition of dependents under 16, born after citizenship has been granted to be processed through the Ministry of National Security;
  • No physical residency requirements;
  • No requirement to travel to St. Kitts & Nevis during the application process;
  • No education or management experience required;
  • Visa-free travel to more than 140 countries;
  • No tax on worldwide income.

BENEFITS

  • Fast and straightforward procedure where applications are processed within 3-4 months;
  • Residency cards are renewed every 5 years for the lifetime of the main applicant and their parents, provided they keep a house of minimum sales value as per the investment thresholds;
  • Applicants are issued with a 1-year long multiple entry residence visa for Greece upon application, which is canceled upon issuance of their residency cards;
  • No VAT is payable on property purchases until the end of 2023;
  • Right and no obligation for residing in the country;
  • Children up to 21 years old and parents of the spouses can participate in the Program;
  • Holders of the residence permit have access to public education (schools, universities) at the same terms as these for Greek nationals;
  • Visa-free access to 172 countries, including Schengen countries;
  • Right to enter and reside in Greece even in case of closed borders;
  • Greece has been ranked as the world’s number one country for retirement.

QUALIFICATIONS

Saint Christopher and Nevis’ Citizenship by Investment Program was established in 1984 under the regulations of the 1984 Citizenship Act, Part II, Section 3 (5), which makes it the longest established citizenship by investment program in the world.

To qualify for citizenship in St. Kitts & Nevis, applicants must fulfill one of the investment options in addition to the following criteria:

  • Be of outstanding character;
  • Hold no criminal record;
  • Have excellent health;
  • Have a high personal net worth;
  • Applicants 16 years and older must be interviewed as part of the due diligence process;
  • Dependents aged 16 and over are subject to interviews if determined to be necessary.
  • Be at least 18 years old;
  • Possess a valid passport;
  • Enter Greece legally;
  • Complete in full the purchase of the property.

The following family members qualify as dependents of the main applicant:

  • Spouse;
  • Children up to 21 years old;
  • Parents of the main applicant;
  • Parents of the spouse.

INVESTMENT OPTIONS

Sustainable Island State Contribution (SISC)

The Sustainable Island State Contribution (SISC) will invest in sustainable areas benefiting every citizen and resident of St. Kitts and Nevis, including health care, education, alternative energy, heritage, infrastructure, tourism and culture, climate change and resilience, and the promotion of indigenous entrepreneurship.

Depending on the total number of applicants, the following contribution levels must be met:

  • US$250,000: Single applicant;
  • US$300,000: Main applicant and a spouse;
  • US$300,000: Main applicant and one dependent;
  • US$350,000: Main applicant, a spouse and one or two dependents;
  • US$350,000: Main applicant and two or three dependents;
  • US$50,000: Per additional dependent under 18;
  • US$75,000: Per additional dependent aged 18 or over.

Real Estate Investment

Seven-Year Hold Period

Applicants may purchase government-approved property valued at a minimum of US$400,000, or purchase shares valued at the same minimum amount in a real estate development. The investment must be maintained for a minimum of seven years. Investors may be required to pay additional taxes and fees.

Arton handpicks prestigious projects to meet our clients’ expectations. Please contact us for available options.

APPLICATION FEES

LICENSE OPTIONS

Arton’s Advisory fees are based on the number of dependents, country of origin, residence and other retained services, as well as service and legal fees related to the submission of citizenship and passport application for the main applicant. The advisory fees are non- refundable and are payable in two equal installments.

All application fees charged by the St. Kitts and Nevis government and by Arton are subject to change. These fees depend on the number of applicants and the complexity of the process. Please contact us if you have any questions or need more information.

ADDITIONAL FEES

Applicants will need to pay any additional government, passport application and due diligence fees associated with their chosen investment and according to the number of dependents.

GOVERNMENT REAL ESTATE FEES

  • US$35,000: Main applicant.
  • US$20,000: Spouse.
  • US$10,000: Dependent.

DUE DILIGENCE FEES

  • US$10,000: Main applicant.
  • US$7,500: Dependents aged 16 and over.

The increased due diligence fees cover the cost of the mandatory interview requirements.

AVAILABLE PATHWAYS

The United Arab Emirates has three pathways to company registration: mainland for global trading, free zone for 100% foreign ownership in the free zone, and offshore for tax optimization.

Mainland

A mainland company is nothing but an onshore company which is registered under the government authority of the concerned emirate. The trade license is issued by the Department of Economic Development of the particular emirate. A UAE mainland company is mainly characterized by the liberal trading conditions. Unlike the other two types of companies, a mainland company has the advantage of receiving authorization to trade both on the UAE local market and outside the UAE.

Free Zone

A free zone company is a company formed within a special economic area within an emirate where goods and services can be traded. There are more than 40 free zones operating in the UAE. Free zones have their own regulations and have a government regulatory body called the Free Zone Authority. The Free Zone Authority is in charge of trade license issuance. A UAE free zone is characterized by the benefits of 100% foreign ownership and tax concessions. A free zone company is authorized to trade between businesses in and outside of the UAE.

Offshore

An offshore company is a business entity that is set up with the intention of operating outside its registered jurisdiction and/or the location of its ultimate ownership. A company may legitimately move offshore for the purpose of tax optimization or to enjoy more suitable regulations.

AVAILABLE JURISDICTIONS

Establishing a company in any part of the world can be challenging – with a multitude of available jurisdictions in the UAE alone, how do you know which one works for you?

While this can depend on several factors like your business activity, company structure, and the necessity of a physical office space, our seasoned business setup consultants take away the hassle with personalized solutions that cater to your unique business needs.

Here are some of the best jurisdictions in the UAE:

Department of Economic Development (DED) Dubai Mainland

For businesses wishing to operate in Dubai and expand across the UAE, the Department of Economic Development Dubai Mainland enables direct trade with customers, other mainland businesses, and the provision of essential services from the government of Dubai.

Dubai Multi Commodities Center (DMCC)

A globally recognized and strategically located freezone, DMCC is ideal for corporate businesses that require a physical presence. With more than 19,000 companies registered to date, DMCC is a trade and enterprise center for commodities.

Jebel Ali Free Zone (JAFZA)

Best known for its world-class port and close proximity to major markets, Jebel Ali Free Zone is an economic trade hub for industrial businesses that require warehouse spaces and logistics infrastructure

Meydan Freezone

Meydan Freezone is the place to be for freelancers and start-ups. With numerous competitive licensing options, this freezone provides a vast support system to new and emerging businesses entering the UAE market.

Ras Al Khaimah International Corporate Centre (RAK ICC)

RAK ICC is one of the world’s fastest growing corporate registries. For businesses looking to setup an offshore operation in the UAE, RAK ICC offers the most time-efficient and cost-effective solution.

UAE GOLDEN VISA

In addition to the business setup options which give foreigners short-term residency status, the Government of UAE has also established a successful long-term residency program. The UAE Golden Visa for investors in public projects and real estate secures 10-year visa for qualifying applicants

The minimum investment requirement is AED2M in the form of:

  • A deposit in an investment fund in the UAE, or
  • Purchased property or off-plan deal.

In some cases, there is a minimum mandatory holding period and restrictions to use loans for the investment.

Benefits :

  • Can include the spouse and children, as well as one executive director and one advisor;
  • Extended period for stay outside of UAE for more than 6 months;

APPLICATION FEES

All application fees charged by the UAE government are subject to frequent change. These fees depend on the jurisdiction type, license activity and complexity of the process.

Contact us to get precise quote based on your needs and preferences.

NEXT STEPS:

PROGRAM CHECK

Compare the different programs side by side and examine their features.

PROGRAM COST

Find out the cost estimates for each program tailored to your family.

PROGRAM MAP

See the power of global mobility for each passport.

DOWNLOAD BROCHURE (PDF)
ARTON INDEX SCORE
COST
15%
SPEED
12%
GLOBAL MOBILITY
12%
QUALITY OF LIFE
4%
SIMPLICITY
20%

The Arton Index is an overall assessment and comparative bench mark of the country and its investment program.
Stkittsnevis
53,094

Population growth 0.74%

28,200 USD

GDP (per capita)
GDP (purchasing power parity)
1.55 billion USD (2017 est.)

145

Visa free countries

LOCATION

Caribbean, islands in the Caribbean Sea

CAPITAL

Basseterre

DIFFERENCE
UTC – 4

TOTAL AREA
261 km2

AGE DEMOGRAPHICS
0-14: 20.09%, 15-24: 14.28%, 25-54: 44.25%, 55-64: 12.35%, 65+: 9.03%

LANGUAGE
English (official)

RELIGIONS

Anglican, other Protestant, Roman Catholic

GOVERNMENT TYPE
Federal parliamentary democracy (National Assembly) under a constitutional monarchy and Commonwealth realm

CURRENCY

East Caribbean dollars (XCD),

tied to USD

EXCHANGE RATE
1 USD = XCD 2.70 (2017)

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