Saint Kitts and Nevis is a small country in the Caribbean Sea. The country is located on two islands: Nevis and Saint Kitts. They belong to the Lesser Antilles. This is really a paradise: the climate is mild, the average annual temperature ranges from 18 to 24 degrees Celsius, there is no rainy season, but there are coral reefs, beautiful and clean beaches and comfortable bays.
The country is a member of the Caribbean Community of CARICOM. The federation, consisting of two islands, combines luxurious beaches, picturesque mountain landscapes, friendly residents from different countries, international entertainment and a rich history.
Previously, the inhabitants of Saint Kitts and Nevis depended on the cultivation of sugar cane. However, its beaches, landscapes and warm sunny climate have contributed to the development of the tourism industry, which now brings the bulk of revenues to the country's budget.
It is a member of the Commonwealth of Nations, headed by the King of Great Britain, as well as a member of the UN, OAS, WTO.
The Federation has a government Program for granting citizenship to foreigners in exchange for investments, which is the oldest of its kind and has been operating since 1984, attracting wealthy people from all over the world to the islands.
Real Estate Prices
- Apartments and Condominiums: In the capital, Basseterre, and in prestigious areas such as Frigate Bay, the cost of apartments starts at $200,000. Condominiums located in modern residential complexes with amenities like pools and fitness centers can cost $300,000 and above.
- Houses and Villas: Villas with ocean views or located on the hills of Saint Kitts and Nevis can range from $500,000 to several million dollars. For example, luxury villas with private beaches or in gated communities are often priced between $1,000,000 and $3,000,000.
- Land Plots: Land prices depend on the location and size of the plot. In prestigious areas such as Park Heights or Timothy Beach, plots with ocean views can start at $200,000. In less developed areas or on hillside slopes, land prices can begin at $100,000.
Saint Kitts and Nevis offer one of the oldest and most prestigious citizenship-by-investment programs. The minimum investment in real estate required for citizenship is $250,000, and the property must remain in the investor's possession for at least seven years.
The real estate market in Saint Kitts and Nevis continues to develop due to interest from international investors. A high level of security, political stability, and developed infrastructure make this market attractive for long-term investments. Additionally, the popularity of citizenship-by-investment programs sustains demand for real estate, particularly in prestigious areas.
Who Can Obtain Citizenship
In addition to the primary applicant (investor), the following categories of individuals can obtain Saint Kitts and Nevis citizenship through the investment program:
- The spouse of the primary applicant.
- Children under the age of 18, provided they are financially dependent on the primary applicant and are not married.
- Children from 18 up to 25 years old if they are financially dependent on the primary applicant and are educated at a tertiary or middle level institution
- Parents and grandparents over the age of 65 who are also financially dependent on the primary applicant.
All applicants must meet the program's requirements and undergo a due diligence process.