PRIVATE REAL ESTATE SALE

A distinctive choice for the unique investor. Applicants may qualify for citizenship through an investment in Approved Private Real Estate.
  • The minimum investment in a condominium unit or share in a real estate development designated as Approved Private Real Estate is US$400,000.
  • The minimum investment in a single-family private dwelling home designated as Approved Private Real Estate is US$800,000.

RESALE

  • A property purchased under the Private Real Estate Sale Investment Option shall not be resold for a period of at least seven (7) years.
  • The Approved Private Real Estate does not qualify for purchase in a subsequent CBI application, unless the Federal Cabinet is satisfied that substantial further investment was injected into the real estate unit by way of further construction, renovation or otherwise.

APPLICATION

Within 120-180 days of acknowledgment from the Unit of submission of a CBI application, the Unit will advise whether an application is:
  • Approved-in-principle;
  • Denied; or
  • Delayed for cause and is still being processed.

THE FOLLOWING DUE DILIGENCE FEES APPLY TO ALL CBI APPLICATIONS:

  • MAIN APPLICANT:

    US$10,000

  • EACH DEPENDANT AGED 16 OR OVER:

    US$7,500

Each main applicant is required to attend an interview conducted by an independent professional firm commissioned by the Unit or by officials of the Unit either virtually, in person in St. Kitts and Nevis or in person at such other location approved by the Board of Governors.

Dependants aged 16 or over may if deemed necessary also be required to attend an interview.

ON APPROVAL-IN-PRINCIPLE OF AN APPLICATION MADE THROUGH APPROVED PRIVATE REAL ESTATE INVESTMENT, THE FOLLOWING POST-APPROVAL APPLICATION FEES APPLY:

  • MAIN APPLICANT:

    US$25,000

  • SPOUSE OF THE MAIN APPLICANT:

    US$15,000

  • ANY QUALIFIED DEPENDANT UNDER 18:

    US$10,000

  • ANY QUALIFIED DEPENDANT AGED 18 OR OVER:

    US$15,000