Recently, as the Caribbean region has been consecutively affected by Category 5 hurricanes Irma and Maria, although St. Kitts and Nevis did not suffer a direct hit, the country still incurred certain economic losses to local public infrastructure and private property. Considering that the hurricane season has not yet concluded, the government of St. Kitts and Nevis hopes to provide assistance to its citizens and financial support for rapid economic recovery. Therefore, it has specially established a new fund—the “Hurricane Relief Fund”—and incorporated it into the country's Citizenship by Investment program.
Contribution Amount
4 persons or fewer (including up to 3 dependents): $150,000 USD
Single applicant: $150,000 USD
Two applicants: $150,000 USD
Three/four applicants: $150,000 USD
For those exceeding the above scope: $25,000 USD per person
As long as the total is 4 persons or fewer, regardless of whether the 3 dependents are a spouse, unmarried children, children aged 18–30 in full-time education, or parents or grandparents aged 55 or older, the contribution amount remains $150,000 USD.
Citizenship applications may include the following family members:
The main applicant's spouse;
Children of the main applicant and their spouse who meet the following conditions:
Children under 18 years of age;
Children aged 18–30 who are in full-time education and are fully financially dependent on the main applicant;
Children over 18 years of age with physical or mental disabilities who are fully financially dependent on the main applicant;
Parents or grandparents of the applicant and their spouse aged 55 or older, who reside with the main applicant and are fully financially dependent on the applicant.
It is worth noting that the “Hurricane Relief Fund” became effective on September 23, 2017, and is valid for only six months, ending at the end of March 2018.
Currently, the Common Reporting Standard (CRS) on the automatic exchange of tax information has entered the operational phase. China will carry out its first information exchange in 2018, and global tax transparency is increasing. For high-net-worth individuals, tax planning for global asset allocation has been officially put on the agenda. Investing and immigrating to St. Kitts and Nevis, opening offshore accounts with St. Kitts and Nevis citizenship, and conducting global asset allocation can reasonably address the impact of global CRS taxation. Therefore, the St. Kitts and Nevis passport is highly sought after by global investors.