OPTION 1. Donate to the Sustainable Island State Contribution (SISC)
Your SISC donation to the Government of Saint Kitts and Nevis must be at least $250,000 as a single applicant. Additionally, this rises to $275,000 if you include an extra dependent under 18. Furthermore, if you add a dependent over 18, you will pay $300,000.
OPTION 2. Invest in Property
The Developer’s Real Estate Option requires you to invest no less than $400,000 in an approved real estate development. Consequently, you must own the property for at least seven years. Furthermore, it can only be resold once, to a new CBI programme member.
In contrast, an Approved Private Home, either a condo or single-family dwelling, qualifies as a CBI option. In this case, you must pay at least $400,000 to the condo owner and $800,000 to the single-family dwelling owner.
Subsequently, you have to own the private home for at least seven years. Following this, you can’t resell your real estate investment to a CBI applicant unless Federal Cabinet approves. Ultimately, you must inject substantial extra investment by way of construction, renovation, or any other improvements.
OPTION 3. Contribute to an Approved Public Benefit Project
Invest at least $250,000 in a project that boosts local employment and, also, transfers all real estate to the State on completion.
edm0nd|1 year ago
OPTION 1. Donate to the Sustainable Island State Contribution (SISC)
Your SISC donation to the Government of Saint Kitts and Nevis must be at least $250,000 as a single applicant. Additionally, this rises to $275,000 if you include an extra dependent under 18. Furthermore, if you add a dependent over 18, you will pay $300,000.
OPTION 2. Invest in Property
The Developer’s Real Estate Option requires you to invest no less than $400,000 in an approved real estate development. Consequently, you must own the property for at least seven years. Furthermore, it can only be resold once, to a new CBI programme member.
In contrast, an Approved Private Home, either a condo or single-family dwelling, qualifies as a CBI option. In this case, you must pay at least $400,000 to the condo owner and $800,000 to the single-family dwelling owner.
Subsequently, you have to own the private home for at least seven years. Following this, you can’t resell your real estate investment to a CBI applicant unless Federal Cabinet approves. Ultimately, you must inject substantial extra investment by way of construction, renovation, or any other improvements.
OPTION 3. Contribute to an Approved Public Benefit Project
Invest at least $250,000 in a project that boosts local employment and, also, transfers all real estate to the State on completion.
src: https://www.riftrust.com/citizenship-by-investment/st-kitts-...