St Kitts and Nevis all set to revolutionize CBI programme

St. Kitts and Nevis will be able to improve its long-running Citizenship by Investment (CBI) Program with the help of three key pillars. Prime Minister of St Kitts and Nevis, Dr Terrance Drew, said that sustainability, good governance, and pragmatism are the guiding principles for the government’s decisions. He said the Federation is moving towards implementing these changes, which will improve and strengthen the CBI Program of the twin-island country.

“We need to make sure that our valuable Citizenship by Investment Program is good for everyone involved, including the people of St. Kitts and Nevis, the investors, the developers, the local service providers, and the international marketing agents,” said Dr Drew during an event in Dubai last week.

“Even though we have always been the leader in the global investor immigration industry, we know that if we want to continue to be one of the most popular economic citizenship programmes in the world, we need to keep changing and make a path for ourselves that can last for a long time,” he emphasized.

An event was organized in Dubai, United Arab Emirates, by the embassy of St Kitts and Nevis (Dubai) on the subject of the “Evolution” of the country’s Citizenship by Investment (CBI) Program.

The Prime Minister and Minister for National Security, Immigration, and Citizenship said that the “evolved” CBI Programme will be a long-term model based on integrity, transparency, and accountability to strengthen the program’s legal and administrative structures.

He said, “As of January 1, 2023, a Professional CBI Board of Governors will be in charge of high-level supervision, such as general oversight of the CBI Unit’s operations, developing and implementing policies and procedures for the Unit, making sure that application processing is done as quickly as possible within the time frames advertised without compromising the integrity of the programme, and constantly monitoring the global i.

Also, as part of the government’s plan for good governance, Dr Drew said a CBI Technical Committee will be in charge of making sure that all background checks are thorough. He also emphasized the committee will be responsible for reviewing all CBI applications carefully and making suggestions to the Prime Minister in his role as Minister of National Security, Immigration, and Citizenship.

Minister of Tourism Marsha Henderson also joined Prime Minister Dr Drew and talked about how the country’s tourism has improved. Minister Henderson also talked about the new “Venture Deeper” campaign, which highlights St. Kitts and Nevis’ natural environment, historic landmarks, and immersive cultural experiences.

The Minister said, “As COVID-19 comes to an end, I am proud to lead our tourism industry into this new era, to put the rebuilding of tourism at the top of my list, and to encourage economic growth.”

The government of St Kitts and Nevis keeps working hard to help its country’s economy grow and stay stable by promoting investment opportunities and remaking and redesigning its tourism product to protect people’s lives and ways of making a living.