St Kitts and Nevis: Michael Martin- the head of the Citizenship by Investment Unit of St Kitts and Nevis is striving towards the achievements of new milestones in the success of the Sustainable Growth Fund (SGF)- an investment option of the most sought programme. He stated that the investment option is designed to enhance the development of the country and its people.
CIU Head asserted that the funds generated through the Sustainable Growth Fund (Fund Option) investment option has wisely used in the establishment of schools, medical facilities, new enterprises, technology and so forth. He considered it “a very important option” in the citizenship by investment programme of St Kitts and Nevis.
He further said that the fund option is a win-win solution for the high-net-worth individuals to invest in the Citizenship by Investment Programme of St Kitts and Nevis. Michael Martin is focusing on the plans, policies and steps which can help the CIU to maintain the platinum standard of their programme. He added that citizenship by investment programme is an opportunity for investors to invest in a country with a stable democracy, good infrastructure, and educated people.
While understanding the significance of the continuous evolutions and remaining in touch with the latest times, CIU, under the leadership of Michael Martin, has decided to enhance the programme by introducing new regulations. Along with that, they have announced a limited time offer on Sustainable Growth Fund to attract the investors and increase its competitiveness.
Under the limited time offer, qualified individuals can be awarded citizenship in only 60 days with a reduced investment amount of only USD 125,000 into the Sustainable Growth Fund. Earlier, applicants had to pay an extra amount for Accelerated Application Processing (AAP); however, the fee has been removed under the offer. As part of this offer, all applications are accelerated without additional costs. The offer is only valid till 30 June 2023, while from 1 July 2023, the investment for a single applicant will resume to USD 150,000.
Michael Martin added that the citizenship by investment programme of St Kitts and Nevis is a top-level programme and they are continually working to improve it. These regulations are designed to do just that, and he stressed that the regulations are not written in stone, and that’s why they have made some changes by February. The CIU continues to look at the regulations after getting feedback from the stakeholders and working to implement bold steps to enhance the programme under the leadership of Michael Martin.
Michael Martin has been tirelessly working to rest the programme and keep it on its path of being a premium programme. With his creative style of working, he was recreating the alternative citizenship of St Kitts and Nevis and pledged to take their CBI Programme to the next level of sustainability.
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