Purchase Real estate is an approved investment route for the citizenship by investment program in St.Kitts and Nevis. As of Oct 2024, The SKN Government reduced the minimum required investment from 400,000 USD to 325,000 USD cost for condominiums and developments.
Minimum Investment
- USD 325,000 (condos, shares, fractional ownership)
- USD 600,000 (private luxury villas and homes)
Applicable Fees
The following fee apply on top of estate investment.
- Share registration fee (5-10%)
- Due Diligence Fee
- Government processing fees (real estate only)
- Conveyance Fees / Legal Fees
- Application Fee
- Agency / Fee
- Bank fee
- Passport fee
- Courier Fee
- Notary fee etc..
Developers Real Estate Investment
| Investment | Amount (USD) | Notes |
|---|---|---|
| Minimum Investment (Fractional share only) | $325,000 | Resale allowed after 7 years |
| Due Diligence – Main Applicant | $10,000 | |
| Due Diligence – Dependant (16 or over) | $7,500 each | |
| Post-Approval Fee | ||
| Main Applicant | $25,000 | Payable after approval-in-principle |
| Post-Approval Fee – Spouse | $15,000 | |
| Post-Approval Fee – Dependant Under 18 | $10,000 | |
| Post-Approval Fee – Dependant 18 or over | $15,000 | |
| Interview Requirement | Mandatory | Main applicant required; dependants 16+ may be required |
Private Real Estate Investment
Freehold / Full ownership
| Property Type | Minimum Investment (USD) | Holding Period |
|---|---|---|
| Condominium / Share in Approved Private Development | $325,000 | 7 years minimum |
| Single-Family Approved Private Home | $600,000 | 7 years minimum |
Government Fees
| Due Diligence Fees | Amount (USD) |
|---|---|
| Due Diligence – Main Applicant | $10,000 |
| Due Diligence – Dependant (16 or over) | $7,500 each |
| Post Approval Fees | USD |
| Post-Approval – Main Applicant | $25,000 |
| Post-Approval – Spouse | $15,000 |
| Post-Approval – Dependant Under 18 | $10,000 |
| Post-Approval – Dependant 18 or over | $15,000 |
| Interview Requirement | Mandatory (main applicant); dependants 16+ may be required |
Note: Property tax, stamp duty exempted for CBI buyers. Broker fee is paid by the seller.