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Contribution to the Sustainable Growth Fund (SGF)

The Sustainable Growth Fund took effect in April 2018. A direct contribution to the Government of St Kitts and Nevis, the Fund focuses on stimulating the areas of education, health, and infrastructure, mitigate the effects of climate change, support economic growth, and promote, preserve, protect and develop the culture and heritage of the nation. The investment contribution for a main applicant is US$150,000, with a US$25,000 investment for the spouse, and a further US$10,000 per dependent. Therefore, a typical family of four, composed of a main applicant, a spouse, and two children, is required to contribute a total of US$195,000. A further contribution of US$25,000 is required for subsequent dependents.

Upon submission of an application, non-refundable due diligence and processing fees must also be paid. These fees amount to US$7,500 for the main applicant, and US$4,000 for each dependent of the main application who is over 16 years old.

The Sustainable Growth Fund shall be used

  • for the funding of school construction and education related initiatives, including, funding for computers, books, scholarships and bursaries;
  • to mitigate the effects of climate change in St Kitts and Nevis, including, preparation for increased hurricane threats, droughts, emergency preparedness, public education, disaster planning and preparedness.
  • to support economic growth in St Kitts and Nevis, including, improve competitiveness, support small and medium sized business enterprises, support manufacturing and industrial activities, support agricultural diversification and development, support the fisheries sector, support development of financial services, support further development of domestic and export driven manufacturing, support improvement in the ease of doing business and to support improvements in technological advancement.
  • for the build out of infrastructure that supports all ports of entry. repay loans for ports of entry, to enhance the port facilities of airports and sea ports and to support the build off roads and utilities
  • for the development and enhancement of medical facilities of St Kitts and Nevis.
  • to support tourism development;
  • to promote, preserve, protect and develop St Kitts and Nevis’ culture and heritage; and
  • to support other sustainable growth initiatives in St Kitts and Nevis.