Fund option is “Best, Fastest and Most Secure route to Citizenship from St Kitts and Nevis”

The fund, which was established in March 2018, supports projects that ensure a sustainable future for St Kitts and Nevis, a small island developing state that has consistently been exceeding growth expectations, attracting luxury tourism, and evolving the ways in which it faces current challenges, including climate change.

Investors can receive citizenship of St Kitts and Nevis by making a one-time, non-refundable US$150,000 donation to the fund. If they are applying with a spouse, an extra donation of US$25,000 is required, while a further US$10,000 are required for any other family member who is eligible under the scheme (including, for example, dependent children aged up to 30).

Speaking on a Webinar this month, Unit CEO Les Khan said: “A family of four in St Kitts and Nevis under the contribution method is US$195,000, and this makes it attractive for families. […] If a family joins us, they can add dependants, and when their children have children they can become citizens and so on, and it is an easy process thereafter.”

The St Kitts and Nevis fund option is itself known as the easiest means of obtaining citizenship of the nation, as applicants do not need to travel to St Kitts and Nevis, reside there, attend an interview, or pass language or skills tests. “I think once [a] high net worth individual has provided all of the documents that are required […] and has been honest in answering his questions and giving us the relative information, I don’t see a burden,” commented Mr Khan.

However, applicants must undergo stringent background checks, through KYC assessments by service providers, internal vetting by the Unit, and external investigations by international law enforcement entities and by due diligence firms.

“The most important thing that [these due diligence firms] provide is that they send […] an agent – one of their subagents – on the ground where [the applicant] resides. That agent then discreetly confirms information that is put on the application forms, for example, the local records, civil registries, local media […] they will check employment, the individual’s financial situation, […] and they amalgamate all of this information and provide us with a due diligence report,” noted Mr Khan.

Coupling a straightforward process with efficiency, but also with rigorous due diligence, the fund option in St Kitts and Nevis remains the most popular route for second citizenship in this successful nation, as well as one of the most popular options worldwide.