Basic Eligibility for St. Kitts and Nevis CIP
The St. Kitts and Nevis CIP is open to all individuals who fulfill the requirements laid down by law. The only specific barrier is that present applications are not accepted from citizens of Iran.
The basic eligibility for an applicant is that:
(a) he/ she is at least eighteen years of age;
(b) submits all documents as required;
(c) Makes the required investment.
Requirements for investment
There are two modes (any one to be chosen) through which an applicant can chose to make an Investment in St. Kitts and Nevis-
If the applicant chooses to select this option, he can make a non-refundable contribution as per the following table:
|One Principal applicant||USD 250,000|
|Applicant with three dependents||USD 300,000|
|Applicant with five dependents||USD 350,000|
|Applicant with seven dependents||USD 450,000|
|Additional contribution for each dependent children above 18 years but below 25 years||USD 50,000|
The second option is to make an Investment in approved real estate and the investments to be made are provided below.
(b) Investment amounts for Approved Real Estate
The investment in an approved real estate has to be made after the application is preliminarily approved. The investments can be made individually or jointly and details are as follows:
|Each applicant or||USD 400,000|
|Share of each applicant in a joint investment||USD 400,000|