Important news!
The St. Kitts and Nevis government has recently released the latest policy, and the investment naturalization threshold has been greatly adjusted.
01
Adjustment of the range of dependent applicants
● Siblings, grandparents of the principal applicant or his or her spouse will no longer be eligible as dependent applicants.
● The minimum age requirement for parents of the main applicant or his/her spouse has been raised from 55 to 65.
02
Introducing new investment options
● Introducing the Sustainable Island State Contribution (SISC) option to replace the old Sustainable Development Fund (SGF) option.
● The original time-limited offer of Sustainable Development Fund has been terminated.
03
Minimum investment adjustment
According to the latest adjustment, the minimum investment amount for real estate, private residential investment and social investment options has been changed.
For investors who have submitted applications before, they need to pay the corresponding post-approval fee within 90 days after the approval of the Investment Immigration Bureau.
details as follows:
1. The minimum investment for the real estate option has been adjusted to USD 400,000;
2. The minimum investment for government-approved private residential condominium units remains at $400,000, and the minimum investment for government-approved single-family homes has been adjusted to $800,000.
At the same time, there is no longer an option for two or more principal applicants to jointly purchase a residence. Purchased dwellings must be held for at least 7 years.
3. The minimum investment amount for public welfare investment options approved by the government has been adjusted to US$250,000.
04
Handling Time Variations
● The application will be approved within 120 days after the official confirmation of receipt of the application by the Investment Immigration Bureau.
● The original 60-day accelerated application service has been closed.
Recently, St. Kitts and Nevis has made a series of major adjustments to its citizenship by investment threshold.
In addition to the above changes, it also includes due diligence fee adjustments, changes in regulatory intensity, and a new interview session that took effect on July 19. Its investment naturalization threshold is getting higher and higher. For interested investors, it is better to invest sooner rather than later!
If you have any questions about this, or want to know more information, please contact Xingyunhai International!
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