PR85454

BASSETERRE, Saint Kitts and Nevis, Sept. 8, 2020 /PRNewswire=KYODO JBN/ --

The Federation of St Kitts and Nevis offers one of the best citizenship by

investment (CBI) programmes in the world. This is according to a new report

issued by Professional Wealth Management magazine, a publication from the

Financial Times. St Kitts and Nevis remains the country with the fastest

citizenship timeline, providing one of the most certain and family-appealing

CBI programmes, particularly in light of its new limited-time offer.

In the 2020 CBI Index, the Federation's CBI Programme ranked number one or

joint-first for offering fast and straightforward processing, reliable due diligence,

and certainty, with an unrivalled experience of 36 years. It also obtained top marks

for not requiring applicants to travel and reside for any minimum period.

The CBI Index discussed St Kitts and Nevis' limited-time offer which allows

vetted families of up to four to obtain citizenship for US$150,000 instead of

US$195,000 through the fund option. The report recognises the growing

importance to investors to be able to obtain citizenship for their families

too. St Kitts and Nevis allows future generations of successful applicants to

inherit citizenship.

Prime Minister Dr the Hon. Timothy Harris commented: "St Kitts and Nevis is not

only a place for investors to thrive in, but also a welcoming home for their

children and grandchildren. We have made our streets safer and our rule of law

stronger. We keep investing in education and healthcare. Our economy is

resilient even when faced with external shocks like a global pandemic."

Les Khan, the CEO of the St Kitts and Nevis Citizenship by Investment Unit

(CIU), said: "We continue to focus on what matters to investors most, while

ensuring that we maintain our 'Platinum Standard' brand. Our limited-time offer

comes at a time when investors value family safety and security more than ever.

That is why we have decided to temporarily allow them to add up to three

members of their family for the same amount of contribution as for a single applicant."

Under the Accelerated Application Process feature, investors can obtain

citizenship and their passport, a separate process to CBI within 60 days.

Applicants must first undergo a multi-tiered due diligence process. The CIU

introduced a temporary provision, instituted in the context of Covid-19,

whereby Authorised Persons who are mandatory to apply through may submit

applications online. However, the CIU will not issue an approval without

receipt of the physical application at a later date.

Once successful, economic citizens earn the right to live, work, and study in

St Kitts and Nevis. They can also travel visa-free or with a visa-on-arrival to

almost 160 countries and territories, and enjoy all the economic and social

benefits as native citizens. To find out more about St Kitts and Nevis'

Citizenship by Investment Programme, please visit the CIU website.

ciuunitskn@gmail.com, www.ciu.gov.kn

Photo: https://mma.prnewswire.com/media/1249823/St_Kitts_and_Nevis__2020_CBI_Index.jpg 

SOURCE: The Government of St Kitts and Nevis