St. Kitts is a very small island country, so how much does it cost to immigrate to St. Kitts?

St. Kitts is a small island country that many people have never heard of. However, in the field of citizenship by investment policy, St. Kitts was the first to introduce a citizenship by investment policy. Passport status has obvious advantages, including visa-free travel, asset allocation, and tax planning. Another fascinating question is, how much does it cost to immigrate to St. Kitts?

How much does it cost to immigrate to St. Kitts?

1. Donation model

The official name of donation is: Sustainable Development Fund (SGF). As the name suggests, donation is a non-refundable investment. The specific donation fees are shown in the table below: (list shows) Applicant: US$150,000; Spouse: US$25,000; Children and parents: US$10,000; Brothers and sisters: US$20,000.

2. Real estate model

This model is nothing more than an investment method to obtain status by investing in real estate projects approved in advance by the St. Kitts government. General investment scope includes: hotel shares, villas or apartments. The investment threshold is divided into two categories: investing US$200,000 to purchase classified real estate projects, which can be freely resold after seven years; investing US$400,000 to purchase a complete real estate project, after five years Free to resell. When purchasing a property, there will be corresponding attorney fees, which are usually: 2 house price supervision fees, 1 land deposit, and 0.5. Another government application fee is $35,000.

Currently, under the influence of the epidemic, the St. Kitts government is also promoting a new real estate investment model: Applicants can complete immigration investment by purchasing private residences that comply with St. Kitts government regulations. Applicants can enjoy policy discounts before November 1, 2022.

3. Invest in National Infrastructure Projects

National Infrastructure Project (PGPD): The minimum investment is US$175,000; the advantage of infrastructure projects is that there is no government application fee. If the application for a family of four is at least $20,000 cheaper than the donation model, visual inspection seems to be the most cost-effective and preferential method.

4. Other fees

In addition, no matter which investment method you choose, applicants need to pay the following other fees: Immigration lawyer fees: US$10,000-40,000. US$30,000 (varies according to different investment methods) Background check fee: US$7,500 for the main applicant (additional fees are required for other applicants) Physical examination fee: RMB 15,000/person (designated agency) Related document certification fee: 10,000 -15,000 yuan