Amendments to the St Kitts & Nevis Citizenship by Investment Programme- ensuring a more competitive St Kitts & Nevis Citizenship by Investment Programme.
The Cabinet of St Kitts & Nevis has introduced amendments to the St Kitts & Nevis Citizenship by Investment Programme by an official notice published on the 28th December 2016. These amendments are effective as of 1st January 2017.
Amendments to St Kitts & Nevis Citizenship by Investment Programme
The major changes are meant to make St Kitts & Nevis Citizenship by Investment Programme more competitive. To summarise, the main changes are :
The age of a parent to be treated as dependent has been lowered from 65 to 55;
Increasing of the age of a financial dependent child from 25 to 30;
Addition of dependents, born after citizenship is granted and under the age of 16, are to be processed through the Ministry of National Security;
Donation Option
Under the recent amendments introduced in 2018, individuals who are accepted under the St Kitts & Nevis Citizenship by Investment Programme are to invest:
US$150,000 - Main applicant applying alone
US$195,000 - Main applicant with up to three dependents
Each additional dependent - US$10,000
Contact us for more details
We are able to advise you and assist you in submitting an application under the St Kitts & Nevis Citizenship by Investment Programme and indicate expected time frames based on the specific circumstances and nature of your application.
Throughout the years, Chetcuti Cauchi has gained a sterling reputation for its Residency & Citizenship law practice. Besides assisting clients with applications under the St Kitts & Nevis CBI programme, our lawyers are geared towards familiarising themselves with the needs of the clients in order to help them choose a programme that truly suits their personal, as well as professional and tax needs. Our citizenship programmes comparison tool can help you visualise the differences between each citizenship programme offered by our firm. Contact us for more details so we can help you choose the best programme for you.
Saint Kitts and Nevis Citizenship by Investment new amendments 2023: click here
