{"id":32367,"date":"2020-09-19T10:00:00","date_gmt":"2020-09-19T06:00:00","guid":{"rendered":"https:\/\/www.savoryandpartners.com\/?p=32367"},"modified":"2020-12-23T04:02:58","modified_gmt":"2020-12-23T00:02:58","slug":"how-much-does-it-cost-to-live-in-st-kitts-nevis","status":"publish","type":"post","link":"https:\/\/old.savoryandparnters.com\/blog\/how-much-does-it-cost-to-live-in-st-kitts-nevis\/","title":{"rendered":"How Much Does it Cost to Live in St. Kitts &#038; Nevis?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Living on a beautiful island like St. Kitts, you would think, might set you back a few million dollars, but it doesn\u2019t have to \u2013 thanks to their <\/span><a href=\"https:\/\/old.savoryandparnters.com\/programs\/citizenship-by-investment\/st-kitts-nevis\/about\/\"><span style=\"font-weight: 400;\">Citizenship by Investment<\/span><\/a><span style=\"font-weight: 400;\"> program. This investment program is not only affordable, but it also features numerous benefits, like becoming a British Commonwealth passport holder, making it an attractive program for investors.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Those seeking St. Kitts &amp; Nevis second citizenship and passport have 2 options they can invest in:\u00a0<\/span><\/p>\n<h3><b>Sustainable Growth Fund (SGF)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The first option is investing in the country\u2019s <em>Sustainable Growth Fund (SGF)<\/em>. The fund was set up in 2018 and forms part of the government\u2019s strategy to improve and increase economic growth. The contribution requirements under SGF are as follows:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"><strong>Single applicant minimum contribution:<\/strong> $150,000<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>Family of four minimum contribution:<\/strong> $195,000<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong>Additional family dependent:<\/strong> $25,000 each<\/span><\/li>\n<\/ul>\n<h3><em><b>Limited Time Offer\u00a0<\/b><\/em><\/h3>\n<p><span style=\"font-weight: 400;\">Due to the current global pandemic that has shocked the tourism industry and halted international investments, the government of St. Kitts &amp; Nevis has reduced the price of the family contribution by $45,000. That means a family of 4 can now obtain second citizenship and passport at only $150,000 through the <em>Sustainable Growth Fund (SGF)<\/em>. This is currently a limited time offer, however, and is <strong>only valid until January 15th 2021<\/strong>.<\/span><\/p>\n<h3><b><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-32551 size-full\" src=\"https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2020\/09\/St-Kitts-and-Nevis-imposes-minimal-taxation-with-an-exception-of-no-taxation-on-wealth-gift-inheritance-foreign-income-or-capital-gains.jpg\" alt=\"\" width=\"1600\" height=\"750\" srcset=\"https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2020\/09\/St-Kitts-and-Nevis-imposes-minimal-taxation-with-an-exception-of-no-taxation-on-wealth-gift-inheritance-foreign-income-or-capital-gains.jpg 1600w, https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2020\/09\/St-Kitts-and-Nevis-imposes-minimal-taxation-with-an-exception-of-no-taxation-on-wealth-gift-inheritance-foreign-income-or-capital-gains-300x141.jpg 300w, https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2020\/09\/St-Kitts-and-Nevis-imposes-minimal-taxation-with-an-exception-of-no-taxation-on-wealth-gift-inheritance-foreign-income-or-capital-gains-1024x480.jpg 1024w, https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2020\/09\/St-Kitts-and-Nevis-imposes-minimal-taxation-with-an-exception-of-no-taxation-on-wealth-gift-inheritance-foreign-income-or-capital-gains-768x360.jpg 768w, https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2020\/09\/St-Kitts-and-Nevis-imposes-minimal-taxation-with-an-exception-of-no-taxation-on-wealth-gift-inheritance-foreign-income-or-capital-gains-1536x720.jpg 1536w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><\/b><\/h3>\n<h3><b>Government-Approved Real Estate<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The second option is investing in the country\u2019s real estate property. This option must be government-approved. Investors can purchase property with either a five-year or seven-year holding period.\u00a0<\/span><\/p>\n<h4><b>Five-year period<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Applicants can invest in real estate valued at a minimum of <em><strong>$400,000<\/strong><\/em>. The real estate <\/span><span style=\"font-weight: 400;\">can only be sold after 5 years.<\/span><\/p>\n<h4><b>Seven-year period<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Applicants can invest in real estate valued at a minimum of <em><strong>$200,000<\/strong><\/em>. The real estate <\/span><span style=\"font-weight: 400;\">can only be sold after 7 years.<\/span><\/p>\n<p><em><span style=\"font-weight: 400;\">Both the SGF and real estate investment options include additional government and due diligence fees and taxes that still need to be paid on top of this*<\/span><\/em><\/p>\n<p><a href=\"https:\/\/old.savoryandparnters.com\/programs\/citizenship-by-investment\/st-kitts-nevis\/about\/\"><b><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-32554 size-full\" src=\"https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2020\/09\/Designed-to-be-a-smooth-and-straightforward-process-with-a-timeframe-of-6-months-to-your-new-citizenship.jpg\" alt=\"\" width=\"1600\" height=\"750\" srcset=\"https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2020\/09\/Designed-to-be-a-smooth-and-straightforward-process-with-a-timeframe-of-6-months-to-your-new-citizenship.jpg 1600w, https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2020\/09\/Designed-to-be-a-smooth-and-straightforward-process-with-a-timeframe-of-6-months-to-your-new-citizenship-300x141.jpg 300w, https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2020\/09\/Designed-to-be-a-smooth-and-straightforward-process-with-a-timeframe-of-6-months-to-your-new-citizenship-1024x480.jpg 1024w, https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2020\/09\/Designed-to-be-a-smooth-and-straightforward-process-with-a-timeframe-of-6-months-to-your-new-citizenship-768x360.jpg 768w, https:\/\/old.savoryandparnters.com\/wp-content\/uploads\/2020\/09\/Designed-to-be-a-smooth-and-straightforward-process-with-a-timeframe-of-6-months-to-your-new-citizenship-1536x720.jpg 1536w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><\/b><\/a><\/p>\n<h3><a href=\"https:\/\/old.savoryandparnters.com\/programs\/citizenship-by-investment\/st-kitts-nevis\/about\/\"><b>Benefits of St. Kitts &amp; Nevis Citizenship<\/b><\/a><\/h3>\n<p><span style=\"font-weight: 400;\">Some of the benefits of holding a St. Kitts &amp; Nevis passport include:\u00a0<\/span><\/p>\n<h3><b>Fast-track process<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">While the time to citizenship can take between 4-6months, there is also an option of an accelerated application process of 90 days.\u00a0<\/span><\/p>\n<h3><b>Visa-free and visa-on-arrival access<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Obtaining a St. Kitts &amp; Nevis passport will entitle investors to travel to more than 100 countries visa-free or visa-on-arrival. These countries include Croatia, Greece, Hong Kong, Russia and Portugal, to name a few.\u00a0<\/span><\/p>\n<h3><b>Lifetime citizenship\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">St. Kitts &amp; Nevis offers investors and their families lifetime citizenship and passport that is permanent.\u00a0<\/span><\/p>\n<h3><b>Tax benefits\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Investors are exempt from paying taxes on wealth, capital gains, inheritance, gifts and foreign income.\u00a0\u00a0<\/span><\/p>\n<h3><b>Dual citizenship\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">St. Kitts &amp; Nevis recognizes dual citizenship, so investors will never be asked to renounce their original citizenship.\u00a0<\/span><\/p>\n<h3><b>No need to reside in St. Kitts\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Investors are not required to live and reside in St. Kitts when acquiring second citizenship and passport.\u00a0<\/span><\/p>\n<p style=\"text-align: center;\"><span id=\"hs-cta-wrapper-3980b7cd-7f65-4936-add2-8f19e5386912\" class=\"hs-cta-wrapper\"><span id=\"hs-cta-3980b7cd-7f65-4936-add2-8f19e5386912\" class=\"hs-cta-node hs-cta-3980b7cd-7f65-4936-add2-8f19e5386912\"><a href=\"https:\/\/cta-redirect.hubspot.com\/cta\/redirect\/4600110\/3980b7cd-7f65-4936-add2-8f19e5386912\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" id=\"hs-cta-img-3980b7cd-7f65-4936-add2-8f19e5386912\" class=\"hs-cta-img\" style=\"border-width: 0px;\" src=\"https:\/\/no-cache.hubspot.com\/cta\/default\/4600110\/3980b7cd-7f65-4936-add2-8f19e5386912.png\" alt=\"Apply Today\" width=\"300\" height=\"75\" \/><\/a><\/span><script charset=\"utf-8\" src=\"https:\/\/js.hscta.net\/cta\/current.js\"><\/script><script type=\"text\/javascript\"> hbspt.cta.load(4600110, '3980b7cd-7f65-4936-add2-8f19e5386912', {}); <\/script><\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/old.savoryandparnters.com\/\">Savory &amp; Partners<\/a> offers other various Citizenship by Investment programs to investors seeking second citizenship and passport. Whether investors are interested in <\/span><a href=\"https:\/\/old.savoryandparnters.com\/programs\/citizenship-by-investment\/#europeancitizenship\"><span style=\"font-weight: 400;\">European<\/span><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/old.savoryandparnters.com\/programs\/citizenship-by-investment\/#noneuropeancitizenship\"><span style=\"font-weight: 400;\">non-European<\/span><\/a><span style=\"font-weight: 400;\"> citizenship, each program is based on the rules and regulations governed by their own country.<\/span><\/p>\n<p style=\"text-align: center;\"><em><a href=\"https:\/\/old.savoryandparnters.com\/blog\/dominica-welcomes-tourism-and-provides-second-passport-to-investors\/\">You might also like: Dominica Welcomes Tourism &amp; Provides Second Passport for Investors<\/a><\/em><\/p>\n<p><span style=\"font-weight: 400;\">Not everyone is eligible to qualify for second citizenship and passport. It\u2019s essential that investors understand what the requirements for each program entail, before embarking on the journey of dual citizenship. Therefore, investors should consult with the right professionals as they will be able to give the right guidance and support.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Savory &amp; Partners also offer investors wishing to seek permanent residency status within Europe, <\/span><a href=\"https:\/\/old.savoryandparnters.com\/programs\/residency-by-investment\/\"><span style=\"font-weight: 400;\">Residency by Investment<\/span><\/a><span style=\"font-weight: 400;\"> programs, along with <\/span><a href=\"https:\/\/old.savoryandparnters.com\/programs\/#immigration\"><span style=\"font-weight: 400;\">Immigration by Investment<\/span><\/a><span style=\"font-weight: 400;\"> programs for those wishing to immigrate to another country.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Our agency is government-approved and has assisted numerous families around the globe to obtain second citizenship and passport. Whether you\u2019re in the market for second citizenship and passport or have a few questions about the benefits of <\/span><a href=\"https:\/\/old.savoryandparnters.com\/benefits\/\"><span style=\"font-weight: 400;\">dual nationality<\/span><\/a><span style=\"font-weight: 400;\">, we are here to help address all your concerns. We assist with the entire application process from start to finish and have a 100% success rate.<\/span><\/p>\n<p style=\"text-align: center;\"><em><a href=\"https:\/\/old.savoryandparnters.com\/blog\/st-kitts-and-nevis-passport-freedom-of-travel-and-secure-future-from-home\/\">Related Article: St Kitts and Nevis Passport &#8211; Freedom of travel and secure future from home<\/a><\/em><\/p>\n<p><span style=\"font-weight: 400;\">Book your free <\/span><a href=\"https:\/\/old.savoryandparnters.com\/contact\/\"><span style=\"font-weight: 400;\">online consultation<\/span><\/a><span style=\"font-weight: 400;\"> today, or learn more about the different investment <\/span><span style=\"font-weight: 400;\">programs on offer. Contact one of our agents and secure a better, prosperous future for you and your family.<\/span><\/p>\n<p style=\"text-align: center;\"><span id=\"hs-cta-wrapper-3980b7cd-7f65-4936-add2-8f19e5386912\" class=\"hs-cta-wrapper\"><span id=\"hs-cta-3980b7cd-7f65-4936-add2-8f19e5386912\" class=\"hs-cta-node hs-cta-3980b7cd-7f65-4936-add2-8f19e5386912\"><a href=\"https:\/\/cta-redirect.hubspot.com\/cta\/redirect\/4600110\/3980b7cd-7f65-4936-add2-8f19e5386912\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" id=\"hs-cta-img-3980b7cd-7f65-4936-add2-8f19e5386912\" class=\"hs-cta-img\" style=\"border-width: 0px;\" src=\"https:\/\/no-cache.hubspot.com\/cta\/default\/4600110\/3980b7cd-7f65-4936-add2-8f19e5386912.png\" alt=\"Apply Today\" width=\"300\" height=\"75\" \/><\/a><\/span><script charset=\"utf-8\" src=\"https:\/\/js.hscta.net\/cta\/current.js\"><\/script><script type=\"text\/javascript\"> hbspt.cta.load(4600110, '3980b7cd-7f65-4936-add2-8f19e5386912', {}); <\/script><\/span><\/p>\n<p>Our team of citizenship experts is available to answer your questions and assist you with your St Kitts and Nevis citizenship application on the following channels:<\/p>\n<ul>\n<li><strong>Office Number:<\/strong>\u00a0+971 (0) 4 430 1717<\/li>\n<li><strong>Mobile Phone:<\/strong>\u00a0<a href=\"tel:+971544402955\">+971 54 440 2955<\/a><\/li>\n<li><strong>WhatsApp:<\/strong>\u00a0<a href=\"https:\/\/wa.me\/971544402955\">+971 54 440 2955<\/a><\/li>\n<li><strong>E-mail:<\/strong>\u00a0<a href=\"mailto:contact@savoryandpartners.com\">contact@savoryandpartners.com<\/a><\/li>\n<li><strong>Signal:<\/strong>\u00a0+971 54 440 2955<\/li>\n<li><strong>Telegram:<\/strong>\u00a0<a href=\"https:\/\/t.me\/savoryandpartners\">+971 54 440 2955<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Living on a beautiful island like St. Kitts, you would think, might set you back a few million dollars, but it doesn\u2019t have to \u2013 thanks to their Citizenship by&#8230;<\/p>\n","protected":false},"author":22,"featured_media":32548,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4777],"tags":[],"class_list":{"0":"post-32367","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blog"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v23.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Much Does it Cost to Live in St. Kitts &amp; Nevis? 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