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Basseterre, St Kitts and Nevis: The world has been recognising the citizenship by investment programme of St Kitts and Nevis, under the leadership and guidance of Head of citizenship by investment unit (CIU) – Michael Martin.
Michael Martin is renowned for coming up with strategies and plans which has taken the CBI Programme of St Kitts and Nevis to the first position around the world. It is to be noted that the programme of the Caribbean country has been regarded as the pioneer of the migration investment industry.
It is worth mentioning that the high net worth individuals and investors are turning towards citizenship by investment programme of St Kitts and Nevis because of the numerous benefits offered. The programme has always proved to be a win-win situation for both – the investors and the host country.
Along with this, Michael Martin is also lauded for its strict, stringent and robust due diligence process. Head Martin has outlined that each and every application will undergo due diligence and background checks so that citizenship is provided to credible and trustworthy investors or applicants.
Recently, mandatory interviews – in-person and virtual, were made compulsory while applying for the alternative citizenship of St Kitts and Nevis. This decision was taken under the guidance of CIU Head Michael Martin.
In addition to this, another crucial step was taken by the Head, Michael Martin, by introducing an investment option named Sustainable Island State Contribution (SISC). According to the latest update by the citizenship by investment unit, the minimum investment under SISC is US$ 250,000.
Additionally, the contribution will increase to US$ 300,000 and US$ 350,000 for family of two and family of three or four, respectively. It was also informed that due diligence fees for a single applicant under SISC will be US$ 10,000, and for a family of two and a family of three or four, will be US$ 17,500 and US$ 32,000.
The other investment options included real estate investment in an approved development, purchasing an approved private home, or contributing to an approved public benefit project.
