Saint Kitts & Nevis has announced new, lower investment thresholds for its Citizenship by Investment Program (CIP) real estate option. Investors can now secure condominiums and development shares for US$325,000, a significant drop from the previous US$400,000 requirement. The threshold for single-family private homes has also been reduced, from US$800,000 to US$600,000, effective immediately under Statutory Rules and Orders No. 43 of 2024. These changes aim to make Saint Kitts & Nevis competitive with other Caribbean investment programs while enhancing accessibility to global investors.
In line with recent adjustments to the contribution option, now set at US$250,000, these real estate reductions could drive renewed interest in the program. Expanding family eligibility further, the government has lowered the minimum age for dependent parents to 55. Existing CIP citizens can now add newborn dependents under three years of age at a reduced fee of US$7,500.
Prime Minister Terrance Drew, who authorized these changes, has also reorganized the CIP’s oversight structure to include new leadership from the Permanent Secretary for National Security and other officials.
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