The St.Kitts and Nevis Government made sweeping changes to the CBI program, has lowered the minimum investment required for investing in real estate under the citizenship by investment program.
The Substantial investment amendment regulations (No. 43 of 2024) was gazetted on Oct 25, 2024, now sets the minimum real estate investment to USD 325,000 (reducing from $400,000), in line with the MOA common pricing standards signed by other Caribbean nations running investor citizenship programs. No changes made to the Public Benefit investment option (PBI).
Real Estate Investment
The minimum qualifying investment for CBI applications are as follows:
- Developers Real estate option – US$ 325,000 of real estate units (share or title deed or time share interest).
- Private real estate – $325,000 for condominium or shares (or) $600,000 single family private home
Conditions
- Resale – The Property brought for the purpose of citizenship, shall not be resold for 7 years
- Next Buyer – will 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.
Property buyers can expect the following additional fees
Government Fee
- Principal applicant – US$25,000
- Spouse – US$15,000
- Any Dependent under 18 years – US$10,000
- Any Dependent Above 18 years – US$15,000
Due Diligence Fee
- Principal applicant – US$10,000
- Each Dependent above 16 years – US$7,500
Quick Comparison
We compare the minimum real estate investment for the Caribbean programs after price hike implemented in 2024.
| CBI | Real Estate |
| St.Kitts and Nevis | $325,000 |
| Antigua and Barbuda | $325,000 |
| Saint Lucia | $300,000 |
| Dominica | $200,000 |
| Grenada | $270,000 |
St.Kitts and Nevis
Antigua and Barbuda
Saint Lucia
Dominica
Grenada
