The oldest economic citizenship program in the world in the Federation of St. Kitts & Nevis has announced the changes in the program regulations.
The government has amended the Sugar Industry Donation Fund (S.I.D.F.) donation amounts as follows:
- Single applicant: a non-refundable contribution of US$ 250,000 is required
- Main applicant with up to three dependents (for example, a spouse and two children): a non-refundable contribution of US$ 300,000 is required
- Additional dependents, regardless of Age: US$ 25,000 This is a decrease in the donation amount required on which to base a citizenship application.
Secondly, and perhaps even more importantly, the program now allows the inclusion of dependent children up to 30 years old and parents from 55 years old. Previously the program only recognized depended children up to 26 y.o. and parents over 65 y.o.
These two advancements make the St. Kitts & Nevis Citizenship by Investment program even more attractive for thousands of wealthy families from all over the world. The Federation has a well-established real estate market with excellent investment opportunities both in St. Kitts and in Nevis. The Citizens International team is here to assist you in finding the best investment and citizenship solution to meet your family’s needs.