St. Kitts And Nevis Government Committed To Protecting The Reputation Of The Country’s CBI Programme
BASSETERRE, St. Kitts, September 29, 2020 (Press Unit in the Office of the Prime Minister) – The Team Unity Government of St. Kitts and Nevis is committed to protecting the reputation and gains of the Federation’s platinum-brand Citizenship by Investment (CBI) programme – the world’s oldest and most trusted economic citizenship programme.
This was reiterated by Prime Minister Dr. the Honourable Timothy Harris when he, along with Chief Executive Officer (CEO) of the Citizenship by Investment Unit, Mr. Les Khan, participated in a webinar dubbed, “St. Kitts and Nevis: Taking action to meet investor needs in 2020”.
The webinar, moderated by the Ms. Emma Brain of Gulf News based in Dubai, United Arab Emirates, took place earlier today (Tuesday, September 29) and offered prospective investors around the world insight into the history, benefits and operations of St. Kitts and Nevis’ programme, including its strict and robust due diligence procedures.
Prime Minister Harris stated that after 37 years, St. Kitts and Nevis has much to be proud of with respect to its CBI programme.
“37 years after, we are proud to be considered internationally to have the oldest and the best Citizenship by Investment programme; 37 years after, we have the longest experience in the management of CBI programmes; 37 years after, we have adjusted our legislative framework to ensure that it is stronger than ever before, and with 37 years of experience we have been able to engage investors far and wide to the attractiveness of St. Kitts and Nevis so that we boast among the Caribbean islands of having the largest number of branded hotel properties such as Four Seasons, such as Park Hyatt, such as the Marriott that have been financed through this project,” Prime Minister Harris remarked.
Dr. Harris further noted that with so much history and benefits gained over the years, his Team Unity Government will firmly protect the reputation of the country’s CBI programme.
He added, “We have a reputation to defend and we have a reputation to protect and the government is committed to being a responsible member of the international community, one in which all states can count on to ensure that those who come to our programme are the most discerning of investors who can appreciate not just the extraordinary beauty of my beloved country of St. Kitts and Nevis, but our great capacity to continue to grow and develop.”
The successful management of the CBI programme has helped St. Kitts and Nevis rebound and recover from natural disasters, improve the socio-economic standings of citizens and residents and strengthen a number of the Federation’s sectors including tourism.
The Team Unity Government recently introduced a limited time offering that allows vetted families of up to four to obtain citizenship for US$150,000 instead of US$195,000 by investing in the programme’s Sustainable Growth Fund.