Sustainable Island State Contribution (SISC). The SISC is used to support the economic and social development of Saint Kitts and Nevis.
Country Profile
Saint Kitts and Nevis is a federal state located in the Caribbean Sea. Early colonisation (Christopher Columbus named the island of Saint Kitts after his patron saint) resulted in the country being referred to as the ‘Mother Colony of the West Indies’. Today, the nation is highly focused on tourism and champions luxury resort development. Saint Kitts and Nevis also has a strong reputation for its international financial services, particularly with respect to the establishment of offshore LLCs.
- Official name: Federation of Saint Christopher and Nevis
- National anthem: O Land of Beauty!
- Location: Caribbean, Americas
- Capital city: Basseterre
- Official language: English
- Independence: 19 September 1983, from the United Kingdom
- Government type: Constitutional monarchy with a federal, parliamentary democracy
- Head of State: Monarch represented by the Governor General
- Head of Government: Prime Minister
- Basis of legal system: English common law
- Currency: Eastern Caribbean dollar
- Climate: Tropical
Programme Profile
Investment Options for a single applicant
- US$250,000
-
The minimum real estate investment in an Approved Development is US$400,000 (resaleable after seven years) for each main applicant.
A property purchased under the Private Home Sale Investment Option shall not be resold for a period of at least seven (7) years.
The Approved Private Home does not qualify for purchase in a subsequent CBI application, unless the Federal Cabinet is satisfied that substantial further investment was injected into the real estate unit by way of further construction, renovation or otherwise.
- The minimum investment in a condominium unit designated as an Approved Private Home is US$400,000.
- The minimum investment in a single-family private dwelling home designated as Approved Private Home is US$800,000.
The Public Benefit Option provides the Government with the means of achieving its capital investment goals.
- Under the Public Benefit Option, each main applicant is required to make a minimum contribution of US$250,000 in a unit of an Approved Public Benefit Project, to be paid to the relevant Approved Public Benefactor.
The Saint Kitts and Nevis Citizenship by Investment Programme
- World’s most longstanding economic citizenship programme
- Four investment options:
- A Sustainable Island State Contribution (SISC) to the Federal Consolidated Fund
- A real estate investment in an Approved Development, to be held for a minimum of seven years
- The purchase of an Approved Private Home, with a minimum investment of US$400,000 for a condominium unit, or a minimum investment of US$800,000 for a single-family private dwelling home
- An investment in an Approved Public Benefit Project, payable to an Approved Public Benefactor
- Post approval-in-principle CBI application fees apply to the Real Estate Investment, Private Home Sale and Public Benefit Options
- Due Diligence Fees, Processing Fees, and Certificate of Registration Fees apply under all options
- Applications are processed by the Citizenship by Investment Unit
- No language, education, or business requirement
- No obligatory travel or residence
- Robust due diligence