St Kitts and Nevis is a twin-island nation located between the Atlantic Ocean and the Caribbean Sea. The dual island presents a pleasant tropical climate, turquoise waters, and sugar-soft beaches that make the nation a fashionable tourism destination.
Similar to its idyllic nature and thriving tourism industry, the country also harbours a Platinum Standard Citizenship by Investment (CBI) Programme. Established in 1984, St Kitts and Nevis’ CBI Programme is the oldest economic citizenship programme in the world. The country’s Citizenship by Investment Unit runs the Programme with over 30 years of administrative experience. The Unit’s renewed commitment to transparency serves as a positive example to all other countries with similar programmes.
To discuss the Programme and its longevity, CS Global Partners paired with The Economic Times by Times of India on December 10th in a webinar to host Prime Minister Dr the Honourable Timothy Harris and Mr Les Khan, the CEO of St Kitts and Nevis’ Citizenship by Investment Unit.
Economic citizenship is a legal route through which an individual can make a significant contribution to a country. This can come in the form of an investment, a donation or another substantial contribution to the host country’s economy or society, explained Micha Emmett, the CEO of CS Global Partners during the webinar.
The Prime Minister of St Kitts and Nevis is a strong advocate of the Citizenship by Investment Programme due to its valuable role in advancing his country’s economy. He is also a driving force behind the Programme’s Platinum Standard brand. “We have a history, and the history supports the fact that we are Platinum. We are the best in the market,” he said when asked about why the nation’s Programme is labelled so prestigiously.
“We are the most innovative because we have built up a body of experience and expertise that allows us to have a market–driven Programme, and to respond legislatively for the protection of our investors,” he added.
To shed light on why St Kitts and Nevis is popular in the Indian investor immigration market, Les Khan said that the country had had a strong tradition of welcoming Indians and having them play a significant part in the economic life.
“Here, in St Kitts and Nevis, is the Windsor University that deals with hundreds of Indians who come to pursue medical studies. It is headed by persons of Indian descent. In all aspects of our economic areas, we have Indians who have found a welcoming place and are contributing in a constructive way to nation–building. We are open, and we will be most comfortable in having them come and be part of our economic landscape.”
Khan emphasised that those who are wondering whether they should apply to become economic citizens of St Kitts and Nevis, should. “Come and invest. Become a part of St Kitts and Nevis because we can offer you quality of life,” he added.
Under St Kitts and Nevis’ CBI Programme, business leaders and their families can invest, and in return, obtain full citizenship. Successful applicants can travel visa-free to more than 150 countries around the globe, including major business hubs in Europe, Asia and Africa, and pursue a lifestyle fit for a citizen of the world.
For more information visit: csglobalpartners.com/solutions/citizenship/
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