There are many different kinds of properties that are available for investment. It really comes down to what exactly the investor is looking for. Only government-approved real estate is eligible for citizenship applications. However, there are so many different options to choose from. A few years ago there were a few private homes that were granted that status. There may still be one or two on the market. While you can't generally buy your own property and qualify, there are many resale options that you may want to look at. There is the option of a few developments which build out your investment property tailored to your own specifications.
What kinds of property are eligible for the St. Kitts citizenship program?
I am interested in becoming a citizen of St. Kitts but don’t like the government-approved real estate options that would grant me citizenship. Can I buy my own property for $1 million USD? Will it qualify? Are any exceptions made for real estate investments that aren’t government-approved?
Please be advised that in order to obtain citizenship of St.Kitts and Nevis by investment in a property, outside of the previously approved list of properties for that purpose, we will need to make application to the government of St.Kitts and Nevis for special approval of the specific property intended to be purchased and used as evidence of investment.
No, you cannot just buy any property for the investment. The government has a list of approved developments, which are approved real estate for the purposes of acquiring citizenship. There are a few exceptions whereby private property are eligible for citizenship by investment, however.