Monday, December 23, 2024

St Kitts is the only CBI program with 60 day Accelerated Application Process

The St Kitts and Nevis citizenship by investment program is the only CBI program offering fast track procedure for processing citizenship applications within 60 day period.

The Accelerated Application Process (AAP) approved by the Government of St. Kitts and Nevis in October 2016 allows applications with the Citizenship by Investment Program to be accelerated to a 60 day processing period.

Interested persons applying utilizing the AAP will still be required to meet all mandatory criteria and submit the necessary supporting documents to apply for citizenship by investment.

Fast track application
60 day Accelerated Application Process

 

Citizenship Applications will be given an accelerated treatment from the Citizenship by Investment Unit, Due Diligence Providers and the St. Kitts and Nevis Passport Office. This process also includes the application and processing of the St. Christopher (St. Kitts) and Nevis passport.

Applying using the AAP can see an application completed within 60 days with some applications completed in as early as 45 days.

St Kitts CBI Program

The Government announced new SGF fund option in April 2018 and slashed prices for real estate investment joint minimum to $200,000.

To qualify for SKN citizenship under normal route , foreigners must meet the following investment requirements.

  • USD 150,000 (single) or USD 195,000 for family contribution to Sustainable Growth fund,  (or)
  • USD 400,000 investment in Real estate (jointly can apply for $200,000 each)

The AAP process fees apply on top of the contribution amounts.

AAP Process Fees (inclusive of Due Diligence Fees)

  • Main Applicant: US$25,000.00
  • Dependent above 16 years: US$20,000.00

In addition to the US$25,000.00 and US$20,000.00 AAP processing fees, an additional fee of US$500.00 per person will be applicable for the processing of the St. Kitts and Nevis Passport for any dependents under the age of 16 years.

 

Countries not eligible for AAP

Owing to the extended turn-around time of third party due diligence contributor’s applicants from the following countries will not be eligible for the AAP:

  • Republic of Iraq,
  • Republic of Yemen,
  • Federal Republic of Nigeria

 

Source: ciu.gov.kn

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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