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Benefits of St Kitts and Nevis citizenship and ways to obtain a passport

High-net-worth investors get St Kitts and Nevis nationality as an alternative for an EU state citizenship. The minimum investment requirement under the St Kitts and Nevis program is $250,000.

A St Kitts and Nevis passport offers various advantages. It increases global mobility, helps expand business opportunities, and optimises taxes.

Benefits of St Kitts and Nevis Citizenship: Options for Investors in 2024

Opportunities and benefits provided by St Kitts and Nevis citizenship 

The Citizenship by Investment program allows obtaining St Kitts and Nevis naturalisation in six or more months.

Access to quality education. Students and scholars in any field get educational benefits as St Kitts and Nevis citizens. They can apply for fully-funded scholarship programs in the country and abroad: in the UK and Commonwealth, the US, the EU, or Asia. Bachelor's, Master's, and Ph.D. opportunities from leading educational institutions worldwide are also available for SKN nationals.

On-islands education is known for its medical institutions. The University of Medicine and Health Sciences is among the most prominent ones in St Kitts and Nevis. Its students are qualified to sit for medical licensing exams and gain residency and licensure in the US and Canada.

As for young children, the compulsory 12-year school program in the county is free.  

Global mobility. Cosmopolitans can enjoy the benefits of worldwide travel and increase their global mobility, which is one of the important benefits of a Saint Kitts passport.

Long-term visas to the US and Canada.Tourists and entrepreneurs with a St Kitts and Nevis passport can get a B-1/B-2 visa for the US, which is valid for 10 years and allows multiple entries. Those visas can be extended online without an interview if they are still valid or expired during the past 24 months. St Kitts and Nevis citizens can also get a 10-year tourist visa to Canada that grants multiple 180-day entries.

If entrepreneurs register a company in St Kitts and Nevis, they will be able to enjoy the economic pros of St Kitts and Nevis citizenship. 

Strong economy. Local Gross Domestic Product is growing, projected to reach $1.07 billion in 2023. The East Caribbean Dollar has been pegged to the US Dollar at a 2.7 to 1 rate for more than 45 years, which makes it a stable currency. Currencies like USD, EU, and GBP are also widely accepted across the islands, especially in tourist areas. 

Robust banking sector. Saint Kitts and Nevis citizens can open bank accounts in the Caribbean in person or remotely and transfer financial assets. Foreign exchange transactions are unlimited and can be in any currency. Businesses can also be eligible for financing from local banks.

The use of digital currencies is legalised, crypto assets are not taxable, and the islands have a Bitcoin ATM.

High privacy of business operations and transactions. Foreign IT providers aren’t obligated to turn over source code or surveillance data to the government of St Kitts and Nevis. The banking sector conceals private data and doesn’t share it outside the tax residency or with the general public. 

Lenient taxation system. In St Kitts and Nevis, there are no taxes on personal income, capital gains, estate, royalties, interest, dividends, technical services, inheritance, or gifts. Double taxation agreements are in place with several countries, including the US, the UK, and Canada.

Value Added Tax rate on products like milk, rice, oats, bread, flour, or sugar is 0%. The reduced rate of 10% is applied to hotels and restaurants. The standard rate is 17%.  

Tax holidays. Any St Kitts and Nevis-based enterprise can apply for a tax holiday under the Fiscal Incentives Act. This means up to 15 years of a break from taxes, including the 33% corporate tax. 

Enterprise groups eligible for tax holidays in St Kitts and Nevis 

Enterprise group IIIIIIIV 
Required contribution to the economy Value added of at least 50% Value added of 25%—50%Value added of 10%—25%Enclave enterprise that produces only export goods 
Maximum tax holiday 15 years12 years 10 years 15 years

Free trade area and preferential access within the CARICOM market that includes 15 member countries in the region. A large spectre of goods traded within the Caribbean Community is kept duty- and quota-free such as food, furniture, household goods, and some electronics.

What makes St Kitts and Nevis a great place to reside

Kittitian and Nevisian citizens can make the country their second home, freely live in the majority of Caribbean Community countries, or simply make holiday visits. St Kitts and Nevis is also excellent for retirees who can enjoy its stability and sun-filled climate.

Year-round tropical climate. The country is the epitome of a Caribbean paradise. The average temperature is 27.5°C, and the ocean rarely gets colder than 26°C.

Rich culture. The country's historical heritage is a melting pot of African, Carib, English, and French influences. The islands have year-round celebrations of their diverse culture: from carnivals and music festivals to architecture. Great local cuisine based on Caribbean recipes with an abundance of fresh fruit, grains, spices, meat, and fish.

Robust recreation and leisure industry. The country has a whole package of things to do, be it yachting, scuba diving, water sports, hiking, playing golf on world-class courts, and more. The infrastructure is developed up to global standards, including fully accommodated superyacht marinas and moorings. 

Yacht owners with a St Kitts and Nevis passport can register their yachts in the country, unlike foreigners. The whole process only takes a day, and owner names will remain anonymous. Registered commercial yachts can be rented out for a maximum of 84 days. 

When obtaining St Kitts and Nevis citizenship by investment, I added my spouse, my child, and later my parents to the program. Now we all reside in the capital city of Basseterre every winter season, and my parents live happily in their own apartment near the beach. 

I also purchased a yacht, and the entire family enjoys boat trips, swimming, sunbathing on the deck, and fishing — as often as we can!

Essen, an investor from Turkmenistan,
and his wife Guzel

Free healthcare for children under 18 and adults over 62. Healthcare is on par with British standards. 

English-speaking population. More than 90% of locals speak English, making private and business communications a breeze.

Advantages of St Kitts citizenship
Frigate is a junction of two bays in St Kitts and Nevis. The main resort area is located here

Benefits of obtaining St Kitts and Nevis citizenship by the investment program 

Different nations offer different citizenship programs. Investing in St Kitts and Nevis economy is one of the most convenient ones — the benefits are listed below. 

No residency is necessary. Investors and their families don’t have to permanently reside in St Kitts and Nevis in order to gain or keep their citizenship. 

The process takes from six months and is almost remote. The CBI program applicants over 16 years old have to visit St Kitts and Nevis to pass an interview. No language or history exams are required. Applicants don’t have to wait long for the citizenship obtainment verdict. 

Investments can bring profit and be returned if you choose the real estate option. This is one of the primary St Kitts and Nevis citizenship by investment benefits. Applicants can purchase residential or business property pre-approved by the St Kitts and Nevis CBI program and earn income from renting or operating it. Leasing such property yields a 2—5% annual income. After 7 years,  it may be resold with an added value of up to 30%.

Dual citizenship is permitted. St Kitts and Nevis passport holders don’t have to revoke their other citizenship. Thus they can enjoy both nations' economic, legal, educational, cultural, and other advantages.   

Citizenship will be passed to descendants. Getting a St Kitts and Nevis passport means securing a future for family generations to come, with all the benefits of Caribbean citizenship.  

How to obtain citizenship by investing in St Kitts and Nevis economy 

The governmental Citizenship by Investment program has two options and several categories to choose from.

Investment option Minimal investment Return of investment 
Sustainable Island State contribution $250,000None 
Real estate property purchase $400,000 for a private or recreational property in an Approved DevelopmentAllowed to sell in 7 years
$400,000 in a condominium unit designated as an Approved Private HomeAllowed to sell in 7 years
$800,000 in a single-family private home designated as Approved Private HomeAllowed to sell in 7 years

Additional expenses within the program include various state fees. However, property investors who obtain St Kitts and Nevis CBI by purchasing government-approved real estate get other advantages. For instance, they don’t have to pay the 10% Alien Land Holder licence fee.

An investor participating in the St Kitts and Nevis CBI program will be the main applicant. They can also add their spouse, as well as family members who are principally dependent on them: children, parents, and siblings. All applicants will receive the same life-long St Kitts and Nevis citizenship and the same rights. 

How to apply for St Kitts and Nevis Citizenship by Investment 

  1. Choose a CBI agent approved by St Kitts and Nevis. It’s the only legal way to join the program. Immigrant Invest is a licensed agent approved by the government. We will help you choose the best investment option for you. 
  2. Provide the applicants’ passports for a 1-day preliminary Due Diligence check. It will be run by our Compliance Officer. 
  3. Prepare the documents with the help of our lawyers. The lawyers will translate data and fill out state forms for you.
  4. Await the completion of the Due Diligence check on St Kitts and Nevis’ side.  
  5. Fulfil your investment pledge. 
  6. Receive citizenship for each applicant, and enjoy the benefits of a St Kitts passport. 

Frequently Asked Questions

Is a St Kitts and Nevis Passport worth it?

Yes. It’s an alternative to EU citizenship that can be obtained through a reliable Citizenship by Investment program, the oldest in the Caribbean. 

St Kitts and Nevis is also a great place to live in, as it offers a warm tropical climate, and various leisure opportunities, including year-round festivals and sports infrastructure.

What can you do with a St Kitts and Nevis passport?

You can increase your global mobility, get a long-term B-1/B-2 visa to the US, run local and international businesses with a relaxed tax burden, invest in profitable real estate projects on the islands, get scholarships in the best educational institutions worldwide, and enjoy life under the Caribbean sun near the ocean. You can also add your family to your Citizenship by Investment program and ensure they get St Kitts and Nevis passport benefits as well

Does a St. Kitts and Nevis passport come with visa-free access to countries worldwide?

Yes, an increase in global mobility is an important benefit among other advantages of St Kitts Citizenship by Investment program.

How powerful is a Saint Kitts and Nevis passport?

Saint Kitts and Nevis passport is ranked 20th by the Global Passport Power Rank in 2023, which makes its Citizenship by Investment program popular among investors. 

How much does it cost to get citizenship in St Kitts and Nevis?

You cannot “buy” citizenship in St Kitts and Nevis. One needs to use legal avenues to obtain the country’s nationality. One of the ways is participation in the Citizenship by Investment program. 

An investor will need to contribute to the economy of St Kitts and Nevis at least $250,000 to qualify.

Can I go to the USA with a Saint Kitts passport?

A citizen of Saint Kitts and Nevis will need to get a visa to enter the USA. However, the St Kitts passport helps its owner to get a business B-1 visa or a tourism B-2 visa to the US for up to 10 years with multiple entries. 

What are the benefits of having a passport in St Kitts?

Participation in the St Kitts and Nevis CBI program offers a number of benefits:

  • access to quality education in St Kitts and Nevis itself and a number of countries such as the UK, the USA, the EU, and others;
  • increased global mobility, and an opportunity to get 10-year visas to the USA and Canada;
  • security of financial assets in a local bank account;
  • Opportunity to run a business in a country with strong economy and stable currency;
  • high privacy of business operations and transactions;
  • lenient tax system and tax holidays;
  • free trade area with 14 Caribbean countries;
  • life in a country with a warm climate and rich culture;
  • robust recreation and leisure industry such as yachting, golf, diving, and many more;
  • free healthcare for children under 18 and adults over 62;
  • no requirements to reside in the country to keep citizenship;
  • investments in real estate yielding annual income up to 5%;
  • no need to give up another citizenship as St Kitts and Nevis allows dual citizenship;
  • citizenship that will be passed to descendants.
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Benefits of St Kitts and Nevis citizenship and ways to obtain a passport