St. Kitts and Nevis: The Citizenship by Investment Unit of St. Kitts and Nevis has been progressing rapidly under the leadership of CIU Head, Michael Martin. He has taken significant steps towards the success of the programme, marking transparency and integrity on top.
The strengthened state of the Citizenship by Investment (CBI) Programme is the result of led actions and initiatives by the Head Michael Martin. There have been introduced several of the changes by CIU Head under the administration of PM Drew.
Significantly, the enhancement of transparency and integrity of the Citizenship by Investment Programme is one of the major factors that has given the positive outcome in its success. This has contributed greatly towards the growth and development of the country.
Fostering the process of Due Diligence is the key factor behind the success of CBI as it has enhanced the accountability and integrity of the programme. The procedure of Due Diligence deals with checking the backgrounds of the investors that ensures the safety and security of the country.
Emphasizing on enhancing the transparency and integrity, in the month of March, the four OECS jurisdictions (Antigua and Barbuda, Dominica, Grenada and St. Kitts and Nevis) who were offering CBI Programmes agreed to increase the investment value to USD 2,00,000.
This outlines that it will foster best practices, due diligence processes that surely would mark towards the success of the Citizenship by Investment Programme of the country. This as well directs towards Minister Martin’s commitment towards the success of the programme.
And, St. Kitts and Nevis became the first country to increase the amount of the investment under the CBI Programme. This elevated the position and goodwill of the country worldwide, directing towards the raised standards of industry. As well, marking the steps towards the sustainable development of the country.
