Changes have been made to ensure that only wealthy investors and individuals who value the citizenship of Saint Kitts and Nevis are attracted to the Program.
The changes include the introduction of a new investment option called the Sustainable Island State Contribution (SISC). The SISC replaces the previous Sustainable Growth Fund (SGF), and investors contributing to this option will transform St. Kitts and Nevis into a sustainable island nation.
Fees start at $250,000 for a single applicant and increase as a spouse or dependents are added. For a family of two, the contribution increases to $300,000 and for a family of three or four, the minimum contribution is $350,000.
The minimum amount to invest in real estate is $400,000. The property must be owned for seven years and can be resold once to another buyer who wants to apply for citizenship by investment.
To obtain citizenship through the purchase of a private house, the value of such real estate must be at least $800,000.