Jan 07 Americans Nationals Can Become Citizens of St Kitts and Nevis in Two Months Under its Citizenship by Investment Programme Citizenship by investment, CBI, dual citizenship, travel freedom, Covid, lockdown, coronavirus, Les Khan



LONDON, Jan. 7, 2021 /PRNewswire/ -- As political unrest reaches a breaking point in the United States, American nationals will be pleased to know that there is a lucrative investment opportunity in the dual-island nation of St Kitts and Nevis that culminates in the receival of second citizenship. Since 1984, the Federation of St Kitts and Nevis has been offering wealthy investors a safe and secure route to dual citizenship under its Citizenship by Investment (CBI) Programme once making an economic contribution to its Sustainable Growth Fund (SGF).

Once investing in the SGF, applicants must undergo meticulous vetting procedures that involves a multi-tiered approach utilizing both local and international agencies. After successfully passing the necessary security checks, which can take as little as 60 days, investors gain receipt of citizenship and can thus apply for their second passport. Revenue generated from the CBI Programme is then channeled into national development projects ranging from healthcare and education to infrastructure and tourism.

"Established almost 40 years ago, the oldest CBI programme in the world, it implements a strict due diligence process in full compliance with national legislation and international standards. The program also helps fund community-focused projects that drive economic growth for local people and investors and is a major driver of inward investment," Les Khan, the CEO of St Kitts and Nevis' CBI Unit, wrote for C-Suite Quarterly.

The benefits that stem from acquiring a dual citizenship includes increased travel mobility to nearly 160 countries and territories, an advantage that much of the western world can no longer enjoy as COVID restrictions lead to another wave of lockdowns across the globe. In addition to travel freedom, investors gain access to alternative business prospects and can also pass down citizenship for generations to come.

Those who become citizens of St Kitts and Nevis enjoy a fruitful business environment in a Caribbean paradise with a priority to maintaining the rule of law. In addition, the dual-island nation reports only 33 confirmed coronavirus cases with zero deaths, demonstrating an ability to implement stringent measures and protect its citizens.

Source: https://www.prnewswire.com/news-releases/americans-nationals-can-become-citizens-of-st-kitts-and-nevis-in-two-months-under-its-citizenship-by-investment-programme-301202814.html


Sep 08 St Kitts and Nevis Ranks First As The World's Fastest Citizenship by Investment Programme, 2020 CBI Index Finds Prime Minister Dr the Hon. Timothy Harris, Accelerated Application Process, CIU, Citizenship by Investment, St. Kitts and Nevis, Les Khan



BASSETERRE, Saint Kitts and Nevis, Sept. 7, 2020 /CNW/ -- 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.

Source: https://www.newswire.ca/news-releases/st-kitts-and-nevis-ranks-first-as-the-world-s-fastest-citizenship-by-investment-programme-2020-cbi-index-finds-849203971.html


Sep 03 St. Kitts-Nevis Hotels Preparing To Welcome Back Guests Travel, tourism, activities, scuba, swimming, snorkle, horse back riding, kite surfing, kite boarding, intoxicating natural beauty, warm waters, white sandy beaches, COVID, travel restrictions



Basseterre, St. Kitts, September 02, 2020 (SKNIS): The full reopening of the hotel sector in St. Kitts and Nevis is expected to come within the next few weeks. Prime Minister Dr the Honourable Timothy Harris is urging hotels to be diligent in their preparations so as to limit any spread of COVID-19. Hoteliers and other stakeholders in the tourism industry are currently participating in training organized by the Ministry of Tourism. The mandatory sessions are designed to sensitize stakeholders on the minimum health and safety COVID-19 protocols. Additionally, regulation 18 of the COVID-19 Emergency Powers outlines the conditions where a hotel may apply for approval to return to operations during a second phase reopening. Schedule III Part I of regulation 18, gives a comprehensive breakdown of the protocol for the hotel industry. "All hotel employees should make themselves familiar with the new rules," Prime Minister Harris stated on the September 01 edition of the Leadership Matters Virtual Forum Series. "I urge hotel operators to begin the preparations for an October opening, making the necessary physical and other adjustments in advance, and to test their systems and their ability to respond appropriately." The guidelines are published in the Statutory Rules and Orders No. 39 of 2020. A copy of the SR&O can be accessed online via the resource centre at www.covid19.gov.kn.

Source: https://zizonline.com/st-kitts-nevis-hotels-preparing-to-welcome-back-guests/


Aug 05 A small Caribbean nation helped popularize 'citizenship by investment' - now it's counting on it to make up for lost tourism Travel, tourism, activities, scuba, swimming, snorkle, horse back riding, kite surfing, kite boarding, ahead of the game, intoxicating natural beauty, warm waters, white sandy beaches, citizenship by investment, Les Khan, CBI, Dominica, Antigua, Grenada, St. Lucia, Malta, Cyprus, Montenegro, COVID, travel restrictions



St. Kitts & Nevis Leader of Citizenship by investment

St. Kitts and Nevis, like many of its Caribbean peers, is highly dependent on tourism revenue.

But with its borders still closed to foreigners, the small country's pioneering "citizenship by investment" program could prove even more important than it has been in the past three decades.

Usually, revenue from wealthy foreigners shelling out hundreds of thousands of dollars for a second passport from the island accounts for 30% of the GDP gap in the government's budget, according to the CBI program head Les Khan. This year, he says, that could be much higher.

"Now that tourism is at a standstill," he said in an interview, "we expect that the CBI program will be a main driver for the next six months."

Around the world, secondary passports and alternative citizenships have been in high demand from geo-political unrest and the coronavirus, experts tell Business Insider. As more programs come online, Khan is feeling vindicated that the program he's led for three years now is being replicated so far and wide.

"Dominica, Antigua, Grenada, St. Lucia, Malta, Cyprus, Montenegro," he rattles off as examples. "You name it. All of these programs really originated from St. Kitts and Nevis."

Earlier this year, the country dropped its prices, offering a family of four passports for a $150,000 donation, down from $195,000. There are also other more expensive options to make a real-estate purchase that must be held for a set amount of years.

The discount should help keep demand steady, "but we're not in a race to the bottom," Khan said. "We're not trying to just be selling. It must be something that is solid and must be in line with our platinum brand."

It's not a brand that's been easy to build: "There is an idea that citizenship by investment is a conduit for money laundering and possibly tax evasion," says Kahn. "I can assure you that's not the case. Our due diligence is one of the strongest in the world."

But if travel restrictions - like those currently barring people from St. Kitts and Nevis, the United States, and plenty of others from countries around the world - continue, the other side of that brand could be lost, too. The next few months will decide if the country still has one of the most powerful passports in terms of visa-free entry in the region.

"We keep our fingers crossed," Khan said.

Source: https://www.businessinsider.com/st-kitts-and-nevis-citizenship-by-investment-thrives-amid-coronavirus-2020-8


Jul 01 Five Caribbean destinations achieve marine protection goals ahead of schedule Travel, marine protection, scuba, swimming, snorkle, marine life, St. Kitts Waters, ahead of the game,Dominican Republic, US Virgin Islands, Puerto Rico, Haiti, intoxicating natural beauty, warm waters, white sandy beaches, beach protection, coast protection, environment




ANTIGUA - Five Caribbean countries and territories were recognized for their early achievement of the ambitious marine protection target they committed to when joining the Caribbean Challenge Initiative (CCI).

The CCI 20-by-20 Conservation Goal challenges members to conserve and manage at least 20 percent of their marine and coastal environment by 2020.

The Dominican Republic led the list of early achievers with approximately 75 percent of its marine area under protection, followed by St. Kitts and Nevis (50 percent), the U.S. Virgin Islands (44 percent), Puerto Rico (27 percent), and Haiti (23 percent).

"It is a momentous occasion to reach a conservation goal that will benefit the ocean and communities in the Caribbean for generations to come," said St. Lucia-based CCI Envoy Karolin Troubetzkoy, who honored the early achievers at a ceremony in Antigua last week.

The CCI is an innovative platform uniting government, the private sector and partners - such as funding agencies and NGOs - in a collaborative movement to conserve and sustainably manage the Caribbean's marine and coastal environments.

Launched in 2008, the CCI aims to incentivize Caribbean governments to meet their marine conservation objectives and to support them by catalyzing new funding and accelerating meaningful action. It also works to create more prosperous and stable economies - achieved through sustainable development and growth - to help ensure a more secure future for the entire region.

In congratulating the CCI "Early Achievers", Troubetzkoy noted that "recognizing these nations' successes in marine and coastal conservation is an important message to the other CCI members that getting to the 20 percent target by 2020 is not an impossible goal." She hoped to be celebrating with the remaining CCI destinations next year.

In addition to the awardees, four other Caribbean countries and territories were celebrated for taking steps to propose marine areas that will more than double their current levels of protection. These included the Bahamas, the British Virgin Islands, Grenada and St. Lucia. The Bahamas recently announced that it will declare an additional eight-plus million acres of marine protection, which will more than double its area of protection and meet the CCI 20-by-20 target ahead of the 2020 deadline.

Source: https://www.traveldailynews.com/post/five-caribbean-destinations-achieve-marine-protection-goals-ahead-of-schedule


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