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Caribbean, News feed Date: 19 November, 2020

St Kitts and Nevis Citizenship by Investment Sibling Update

St Kitts and Nevis Citizenship by Investment Sibling Update

The St Kitts and Nevis Citizenship-by-Investment Programme (CIP) is now more up to date. This makes it more competitive within the Caribbean region.

St Kitts and Nevis will now allow you to add your sibling or that of your spouse if they are:

  • Unmarried
  • Childless
  • 30 years of age or younger
  • Dependent on the applicant for financial support

The additional cost to include a sibling will be US$40,000 under the real-estate option or US $20,000 under the Sustainable Growth Fund.

The policy will only affect applications submitted from November 6th, 2020 onwards and may not be applied retrospectively to already-approved files.

As the world’s oldest CIP, St Kitts and Nevis continues to be attractive to private clients looking at second citizenship. Passport holders enjoy travelling to over 157 countries without the need to apply for a visa.

To see the complete list of visa-free countries, use our Country Access Tool.

St Kitts and Nevis does not impose personal income, inheritance or net-worth taxes which gives it a competitive advantage compared to many of the other CIPs.

Different Sibling Criteria for Caribbean CBI Countries:

This announcement puts the country in line with its other four Caribbean CBI countries: Dominica, Grenada, St Lucia and Antigua and Barbuda which all have included siblings in their applications for some time with varying criteria.

Antigua and Barbuda, St Lucia, and Grenada do not require the sibling to be financially dependent on you. St Kitts and Nevis and Dominica do.

The maximum age for siblings allowed in St Lucia is 18, in Dominica it’s 25, and in St Kitts and Nevis it’s 30. Grenada and Antigua and Barbuda have no maximum age restriction.

Additionally, Dominica recently amended their definition of dependants to include a wider range of family members, including adopted siblings.

To apply for Saint Kitts and Nevis citizenship by investment, don’t delay and contact us today.

St Kitts and Nevis Citizenship by Investment Sibling Update

Date: 19 November, 2020

Posted in: Caribbean, News feed