Prime minister promotes St. Kitts-Nevis’ CBI Programme in Middle East
From the press unit in the Office of the Prime Minister
BASSETERRE, St. Kitts – St. Kitts and Nevis’ prime minister, the Honourable Dr. Timothy Harris, is leading a high-level delegation on a tour to promote the federation’s Citizenship by Investment (CBI) Programme in the Middle East.
Prime Minister Harris is presently in Dubai, United Arab Emirates (UAE), where he is expected to meet with a number of international marketing agents and promoters of economic citizenship programmes to discuss new investment opportunities in St. Kitts and Nevis.
The prime minister is being accompanied on this visit by Chief Executive Officer of the St. Kitts and Nevis Citizenship by Investment Unit Les Khan and Consul General at the Consulate of St. Kitts and Nevis in Dubai Justin Hawley.
Prime Minister Harris stated that the intention is “to stimulate further interest in the market of the CBI programme, which has been significantly revived under his Team Unity-led administration.”
While there, the St. Kitts and Nevis delegation will update potential investors on the recently announced Sustainable Growth Fund. Under this new investment option, a single applicant will require a contribution of US$150,000, inclusive of government fees whereas the contribution for a family of up to four will be US$195,000.
Harris is also scheduled to meet with economic citizens living in Dubai with a view to encourage them to make greater investments in the country, to return to visit, and to be more active participants in the socio-economic life of St. Kitts and Nevis.
From Dubai, Harris and his team will then travel to Hong Kong, where they will engage even more agents and investors on opportunities in the twin-island federation.
According to Harris, St. Kitts and Nevis’ Citizenship by Investment Programme, long regarded internationally as the platinum brand of the economic citizenship industry, continues to employ the most vigorous due diligence procedures “where we go through multiple tiers of vetting and this includes the involvement of external international agencies that are involved in the fight against crime.”
The federation’s CBI programme, the longest-running citizenship programme in the world, has received several accolades recently as a result of an extensive rebranding process initiated by the Team Unity government.
The programme recently achieved the No. 1 ranking in the OECS by a quality of passport index survey conducted by Henley & Partners in January 2018. The federation was also recognized for offering the “World’s Most Innovative Investment Immigration Programme” at the 2017 Russian Global Citizen Awards Ceremony.