Les Khan, the CEO of the St Kitts and Nevis Citizenship by Investment Unit, has been announced as the new Chairman of the Citizenship by Investment Programmes Association (CIPA).
The decision, made on 1 September 2017 at the CIPA’s sixth meeting, means Mr Khan will be Chairman for the forthcoming year.
The CIPA was established by the five Caribbean nations currently offering citizenship by investment to foreigners wishing to obtain a second nationality: Dominica, Grenada, St Kitts and Nevis, Saint Lucia, and Antigua and Barbuda.
Standardise processes and create a strong regulatory framework will ensure the industry’s competitiveness.
CIPA’s mandate is to determine best practices in the area of investor immigration, and to help implement them across all participating Caribbean jurisdictions. The CIPA also aims to standardise processes, and to create a strong regulatory framework to ensure the industry’s integrity and competitiveness.
“My career has been devoted to maintaining standards in the financial sector on a global basis. This post will be an exciting opportunity to put the citizenship by investment programmes of St Kitts and Nevis and fellow Caribbean countries on the map for being well managed, for undertaking high standards of due diligence, and for delivering credible programmes of integrity. I am looking forward to doing more over the coming year,” commented Mr Khan, who has fronted key changes in his jurisdiction, resulting in St Kitts and Nevis being widely recognised as the Platinum Standard of the economic citizenship industry.