Michael Martin works great to maintain integrity of CBI in St Kitts and Nevis
The head of St Kitts and Nevis’ Citizenship by Investment (CBI) Unit, Michael Martin, has been working dedicatedly for maintaining the program’s integrity and reputation. He has made significant improvisations to the program by adding a number of regulations.
3rd of March 2024

St Kitts and Nevis: The head of St Kitts and Nevis’ Citizenship by Investment (CBI) Unit, Michael Martin, has been working dedicatedly for maintaining the program’s integrity and reputation. He has made significant improvisations to the program by adding a number of regulations.
Investors looking to live in a secure and safe environment can easily invest in St Kitts and Nevis through the Citizenship by Investment Program. The program had significant expansion in the investor migration sector under his administration.
The popularity of the program is increasing with the passage of time. High net worth individuals started investing in St Kitts and Nevis to lead safe and secure lives.
Michael Martin also stated that Citizenship by Investment unit of St Kitts and Nevis include competitiveness and integrity as the highlights which strengthens the position of laws. The reputation which minister has gained through his works under this has made him stay out from the queue of ordinaries.
To state the modifications in the legislation, the Sustainable Island State Contribution was introduced in place of the Sustainable Growth Fund. According to Michael Martin, the investment option seeks to improve the country by choosing a sustainable course.
Michael Martin also outlines that the modifications are made to preserve the honesty, responsibility of St Kitts and Nevis’ Citizenship by Investment Program. Additionally, he has been striving to improve the program’s due diligence checks.
According to the Minister, the CBI Program of St Kitts and Nevis places a high value on due diligence, and the plan to improve it. He continued by saying that the new rules are intended to strengthen and tighten background checks so that citizenship may only be awarded to those who can prove their worth.
The advancement in the due diligence checks include the requirement for an interview and the increase in investment contributions by the High Net Worth Individuals. As per the Minister, the first step is to make sure that citizenship is granted to only qualified investors.
The new rules also demonstrated the determined work of the head of CBI unit, Michael Martin to the initiative and to the country, St Kitts and Nevis.
Latest
- 23-Year-Old Kibwe Wells Charged with murder of Savanna Dyer
-
Dominica exports over 41,000 pounds of plantains to US in breakthrough trade move -
PM Drew celebrates Kiandre Weekes’ appointment as intern at Eastern Caribbean Supreme Court -
St Lucia: Daren Sammy Foundation Opens 2025/26 Scholarship Applications for Student-Athletes -
49th CARICOM Heads of Government Meeting to focuses on security, food, and climate
Related Articles

6th of December 2024

6th of December 2024

9th of December 2024

1st of December 2024

29th of November 2024

21st of November 2024

20th of November 2024

25th of November 2024