St. Kitts and Nevis: Higher Investment Threshold for Citizenship by Investment Program, Among Other Changes
August 1, 2023
The government of St. Kitts and Nevis has announced several changes to the Citizenship by Investment (CBI) Program, intended to boost investor confidence in the program and bolster the country’s reputation. The changes include a new Sustainable Island State Contribution (SISC) investment option for foreign nationals investing at least USD 250,000 (or USD 300,000 for a family of two or USD 350,000 for a family of three and four) to help advance St. Kitts and Nevis into a sustainable island state; namely, to increase local food production; transition to green energy; diversify the economy; attract and support sustainable industries; evolve the creative economy; recover from the impact of the COVID-19 pandemic; and expand social protection. The program replaces the previous Sustainable Growth Fund option which had a minimum investment threshold of USD 125,000 for a main applicant, half the amount required under the new SISC. Another change includes that all investors applying for CBI are now required to undergo an interview and background due diligence checks conducted by independent professional firms based in the United Kingdom, United States, or the European Union, commissioned by the government of St. Kitts and Nevis. Previously, this was not required. Other changes include limitations on the methods by which the CBI program can be advertised internationally.
This alert is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to [email protected].
Explore more at Fragomen
Awards
Fragomen and Regional Partner for the Asia Pacific Mark Buchanan were recognized at the 2025 FEM APAC EMMAs.
Awards
Partner Archana Iyer won the "Innovation Award" at The New York Law Journal's 2025 New York Legal Awards.
Media mentions
Senior Counsel Mitch Wexler discusses how USCIS’s new rule could potentially increase enforcement and affect how applicants interact with the US immigration system.
Blog post
Assistant Business Immigration Manager Raga Rasuanta discusses Indonesia’s post-election immigration strategy and its shift toward balancing openness to global talent with increased regulatory scrutiny.
Fragomen news
Fragomen news
Fragomen announces the appointment of Leah Rogal as Senior Director of its Center for Strategy and Applied Insights.
Blog post
Destination Services Manager Ali Sikandar discusses how orientation programmes in Saudi Arabia help expatriates adapt to cultural differences, workplace norms and everyday challenges, easing their transition into a new environment.
Blog post
Manager Olga Astapova outlines options for individuals to obtain residency without employer sponsorship, highlighting legal routes and strategic considerations.
Video
Senior Manager Fatima Aydin discusses Ireland's 2025 public consultation on the occupations lists, and how stakeholders such as employers can provide input.
Blog post
Manager Mihaela Dumitru outlines Switzerland's evolving immigration policies and quota adjustments for 2025.
Video
Learn how to apply for German citizenship by descent. Discover eligibility under Article 116 and Section 15, benefits of EU citizenship and the step-by-step application process.
Media mentions
Partner Siobhan Owers discussed how visa reforms are reducing available international staff and creating workforce challenges in the UK care sector.
Awards
Fragomen and Regional Partner for the Asia Pacific Mark Buchanan were recognized at the 2025 FEM APAC EMMAs.
Awards
Partner Archana Iyer won the "Innovation Award" at The New York Law Journal's 2025 New York Legal Awards.
Media mentions
Senior Counsel Mitch Wexler discusses how USCIS’s new rule could potentially increase enforcement and affect how applicants interact with the US immigration system.
Blog post
Assistant Business Immigration Manager Raga Rasuanta discusses Indonesia’s post-election immigration strategy and its shift toward balancing openness to global talent with increased regulatory scrutiny.
Fragomen news
Fragomen news
Fragomen announces the appointment of Leah Rogal as Senior Director of its Center for Strategy and Applied Insights.
Blog post
Destination Services Manager Ali Sikandar discusses how orientation programmes in Saudi Arabia help expatriates adapt to cultural differences, workplace norms and everyday challenges, easing their transition into a new environment.
Blog post
Manager Olga Astapova outlines options for individuals to obtain residency without employer sponsorship, highlighting legal routes and strategic considerations.
Video
Senior Manager Fatima Aydin discusses Ireland's 2025 public consultation on the occupations lists, and how stakeholders such as employers can provide input.
Blog post
Manager Mihaela Dumitru outlines Switzerland's evolving immigration policies and quota adjustments for 2025.
Video
Learn how to apply for German citizenship by descent. Discover eligibility under Article 116 and Section 15, benefits of EU citizenship and the step-by-step application process.
Media mentions
Partner Siobhan Owers discussed how visa reforms are reducing available international staff and creating workforce challenges in the UK care sector.