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What payment plans are available for citizenship in St Kitts and Nevis through real estate?

If I decide to go for the St Kitts passport by investing in real estate, do I have to put the whole amount into a property upfront or can I pay a down payment and get a mortgage like other countries then apply for the visa? If so, how much should the down payment be?


Answers
  • June 15, 2023

    The rules under the investment option by real estate requires that the applicant demonstrates proof of all the funds for the purchase. It is also a requirement that the full amount of the purchase price be placed in an escrow account in the Federation of St Kitts and Nevis until it’s the appropriate time to close on the property. Therefore, if you are seeking to obtain a mortgage, you need to demonstrate that you acquired the mortgage prior to the citizenship application and you have the proceeds to purchase the property in an escrow account in the Federation.