The Citizenship by Investment Unit of Saint Kitts and Nevis announced on Thursday, June 29, 2023, that the Limited Time Offer (LTO) for the donation option to the Sustainable Growth Fund (SGF) has been extended for an additional seven months, now ending on January 31, 2024.
The Limited Time Offer, which was previously set to expire at the end of June 2023, includes a reduction in the cost required to obtain citizenship of St. Kitts and Nevis through donation. Additionally, applicants are provided with the opportunity to benefit from the Accelerated Application Process (AAP), resulting in a shortened processing timeframe at no additional cost. This offer has now been extended, allowing individuals interested in obtaining St. Kitts citizenship by investment to continue enjoying these exclusive benefits until the end of January 2024.
Under the extended LTO, the minimum contributions required for obtaining Saint Kitts and Nevis citizenship through the SGF option are as follows:
- Single applicant: US $125,000.
- Main applicant and spouse: US $150,000.
- Family of four (main applicant and three dependents): US $170,000.
- Each additional dependent under the age of 18: US $10,000.
- Each additional dependent over the age of 18: US $25,000.
In accordance with the announcement, this extension represents the final extension granted. Effective from February 1, 2024, the required amounts for all categories of applicants through this option will increase by $25,000 per application.
The option of Sustainable Growth Fund (SGF) Contribution is one of four options provided by the Saint Kitts and Nevis citizenship by investment program. Other options include real estate investment, private home sale, and investment in public benefit projects. The revenues raised through the SGF contribute to the economic and social development of the twin-island Caribbean country. Specifically, the funds support educational institutions, medical facilities, infrastructure development initiatives, tourism promotion, and preservation of local heritage.
The Saint Kitts and Nevis citizenship by investment program is the oldest of its kind, established in 1984. Through this program, foreign applicants and their eligible family members can obtain Saint Kitts and Nevis citizenship and a passport, enabling them to travel visa-free to over 150 destinations worldwide.