The Citizenship by Investment Unit (CIU) of Saint Kitts & Nevis now accepts cryptocurrency as a “partial” source of wealth for citizenship applicants.
This change, which the CIU Communications Division announced via email to its authorized agents, requires additional due diligence fees and separate wealth verification documentation.
The decision mirrors a similar policy implemented by Hong Kong’s Capital Investment Entrant Scheme (CIES), which began accepting cryptocurrency holdings as valid proof of wealth earlier this year.
The CIU introduced several other policy modifications. Applications can now be financially sponsored by parents or children of main applicants when validated by birth certificates.
These sponsors must submit comprehensive documentation, including application forms, employment letters, proof of address, recent bank statements, and reference letters. Sponsors undergo due diligence checks and pay associated fees.
The unit has halted processing name changes to Certificates of Registration. These modifications will instead occur during passport renewal, with previous names listed on the passport’s observation page.
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