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Government Fees

GOVERNMENT AND DUE DILIGENCE FEES LESS OUR PROFESSIONAL FEE

 1: REAL ESTATE OPTION

Besides the real estate investment required, the following processing and due diligence fees are payable to the Government of St. Kitts-Nevis:

  • $7,500 USD for due diligence and processing fees for the main applicant
  • $4,000 USD for due diligence background checks and processing fees for each dependant over 16 years

On approval of the application in principle, the following fees are due,

  • $50,000 USD for the main applicant
  • $25,000 USD for spouse of the main applicant
  • $25,000 USD  for each child of the main applicant under 18 years of age
  • $50,000 USD for each qualified dependant of the main applicant above the age of 18 other than his or her spouse

Dependants between 18 and 25 years must be in a full-time learning institution and fully supported by parents.

US $47.00 is a registration fee applicable for every certificate.

 

Real estate buyers should be aware of additional property purchase costs of approximately 4-5% of the purchase price (compulsory insurance fund contribution and conveyance fees).

 

2: SUGAR INDUSTRY DIVERSIFICATION FOUNDATION (SIDF):  COSTS LESS PROFESSIONAL FEES

Required Investment and Fees:

  • $7,500 USD for due diligence and processing fees for the main applicant (payable to the Government upon submission of application)
  • $4,000 USD for due diligence background checks and processing fees for each dependant over 16 years

The amounts below are inclusive of all Government fees payable by the main applicant and his or her dependants with the exception of due diligence background fees.

  • $250,000 USD for Single Applicant 
  • $300,000 USD for Applicant with up to three dependants 
  • $350,000 USD for Applicant with up to five dependants 
  • $450,000 USD for Applicant with up to seven dependants
  • $50,000 USD for each additional dependant above seven 

With the exception of the spouse of the main applicant, dependents over 18 years an additional fee of $50,000.00 is payable to the Government.

 US $47.00 is a registration fee applicable for every certificate.

 

Further information about the SIDF and this option may be obtained from the official website of the Sugar Industry Diversification Foundation at http://www.sknsidf.org/