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Update: St. Kitts & Nevis Announces Program Changes, Effective Immediately

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Date Published: July 28, 2023 | Date Updated: July 28th, 2023
By July 28, 2023 No Comments
St Kitts and Nevis citizenship by investment - Savory and Partners

In a press note, released by the St. Kitts & Nevis Citizenship by Investment Unit, the program has undergone significant changes that will come into effect immediately.  

Key Changes:

  • Iraqi nationals no longer qualify for the CBI program. 
  • Siblings and grandparents no longer qualify.
  • Parents age increased to 65 years.
  • Mandatory interviews for all applicants 16 years and above.
  • Collection of Certificates of Registration (COR) in person in St. Kitts & Nevis or a CIU-designated embassy. 

Eligible Dependents:

  1. A child under eighteen years of age;
  2. a child between eighteen and twenty-five years of age, who is in full-time attendance at a recognised secondary or tertiary level institution of learning and fully supported by the main applicant;
  3. a child aged eighteen years or older and physically or mentally challenged;
  4. a parent of the main applicant, or of his or her spouse, aged sixty-five years or older living with and fully supported by the main applicant.  

Investment Options:

Introduction of the Sustainable Island State Contribution (SISC) which has replaced the Sustainable Growth Fund (SGF) with a minimum donation of: 

  • $250,000 for single applicant 
  • $300,000 for family of 2 
  • $350,000 for family of 4

Real estate option increased from $200,000 to $400,000 min investment. 

Private Home Sale:

  • $400,000 for a condominium unit 
  • $800,000 for a single-family private dwelling  

Public Benefit Project (PBP) also increased to $250,000 minimum investment

Due Diligence:

  • $10,000 for the main applicant
  • $7,500 per dependant aged 16 years and above

Collection of Certificates of Registration (COR):

After the application is approved and the applicant makes the desired investment, the CORs will be issued, and the applicant will have to collect them in person in St. Kitts & Nevis or at a CIU-designated embassy 

Please contact your St. Kitts & Nevis CBI expert at Savory & Partners for more information or further clarification.


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Jeremy Savory

About Jeremy Savory

Jeremy Savory, the founder and CEO of Savory and Partners, runs one of the world’s leading HNW citizenship by investment firms. The second passport company has coverage in over 20 jurisdictions including Europe.

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