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Nevis: Country and Foreign Investment

Sugar Industry Diversification Foundation

The recently-launched Sugar Industry Diversification Foundation (SIDF) has been designated a special approved project for the purposes of Citizenship by Investment. Persons making contributions at prescribed levels to this charitable Foundation, which was established to address a range of social and economic problems arising from the closure of the sugar industry in the Federation, will also be eligible to apply for citizenship by investment. The prescribed minimum contributions to the SIDF are: USD250,000 for a single applicant; USD300,000 for an applicant with up to three dependants; USD350,000 for an applicant with up to five dependants; and USD450,000 for an applicant with up to seven dependants. USD50,000 for each dependent above seven dependents.

 

 

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