CBI - Public Benefit Option

The Public Benefit Option provides the Government with the means of achieving it capital investment goals

Discerning investors who would like to develop a project which brings substantial benefit to the people of St Kitts and Nevis can apply to the CIU to be designated as an Approved Public Benefactor.

They can then apply for their projects to be designated as Approved Public Benefit Projects qualified for sale under this option.

Approved Public Benefit Projects designated by the CIU can not only maximise local employment, but also make it possible to embark upon projects including transfer of technology and capacity building.

Under the Public Benefit Option, each main applicant is required to make a minimum contribution of US$250,000 in a unit of an Approved Public Benefit Project, to be paid to the relevant Approved Public Benefactor.

• US$250,000
  US$250,000 in a unit of an Approved Public Benefit Project, to be paid to the relevant Approved Public Benefactor.

Within 120 days of acknowledgment from the Citizenship by Investment Unit (CIU) of submission of a CBI application, the CIU will advise whether an application is:

• Approved-in-principle;
• Denied; or
• Delayed for cause and is still being processed.

• MAIN APPLICANT:
  US$25,000
• SPOUSE OF THE MAIN APPLICANT:
  US$15,000
• ANY QUALIFIED DEPENDANT UNDER 18:
  US$10,000
• ANY QUALIFIED DEPENDANT AGED 18 OR OVER:
  US$15,000

• MAIN APPLICANT:
  US$10,000
• EACH DEPENDANT AGED 16 OR OVER:
  US$7,500

Each main applicant is required to attend an interview conducted by an independent professional firm commissioned by the CIU or by officials of the Unit either virtually, in person in St Kitts and Nevis or in person at such other location approved by the Board of Governors of the CIU.

Dependents aged 16 or over may if deemed necessary also be required to attend an interview.