To obtain Saint Kitts and Nevis citizenship for purchasing real estate, program participants are eligible to purchase government-approved properties or private residential properties.
$200,000 will be the minimum investment in real estate projects approved by the government. The return on investment period will be 5 years — then investors will be allowed to sell the property.
$400,000 will be the minimum investment in private residential homes. Such facilities will also be approved by the Government of Saint Kitts and Nevis. Buying a house share is also permitted under this option, but on condition that each applicant invests at least $400,000.
Private residential buildings may lose their Approved Private Homes status. To maintain the approved investment status, owners must submit an application to the Board of Governors of the Citizenship by Investment Unit within a 45-day window after the new rules come into force.
Program participants who invest in a private home can not:
resell the property during the first 5 years of ownership;
resell the house to any other citizenship program applicant;
convert the house into an apartment or condo.
Examples of properties in St Kitts and Nevis