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Sugar Industry Diversification Foundation (SIDF) option

To qualify for citizenship of St. Kitts and Nevis under the SIDF Option, the Government requires a contribution to the St. Kitts and Nevis Sugar Industry Diversification Foundation, a public charity audited by Pricewaterhouse Coopers. Under this option, the minimum Contributions to the SIDF to qualify persons to apply to Citizenship by Investment are as follows:-

  1. Single applicant US$ 250,000.00
  2. Applicant with up to three dependents (i.e. one spouse and two children below the age of 18) US$ 300,000.00
  3. Applicant with up to five dependents (i.e. one spouse and four children) US$ 350,000.00
  4. Applicant with up to seven dependents (i.e. one spouse and six children) US$ 450,000.00
  5. Additional contribution for each dependent above seven dependents US$ 50,000.00

The above amounts are inclusive of all Government fees payable for the main applicant and his or her dependents except the due diligence fees which are payable as follows:-

  1. US$ 7,500 due diligence and processing fees for the main applicant
  2. US$ 4,000 due diligence and processing fees for each dependent of the main applicant who is over the age of eighteen years

With the exception of the spouse of the main applicant, where dependents over eighteen years form part of the Application, the Minimum Investment shall be an additional fee of US$ 50,000.00 per dependent which shall be paid to the Government.

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

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