• Covid-19
  • Travel Protocols
  • Immigration & Customs Form
Tuesday, January 31, 2023
SKNIS
  • Home
  • About
  • Press Releases
  • Parliament
  • In The News
  • Bills
No Result
View All Result
SKNIS
No Result
View All Result
Home Press Releases

The St. Kitts and Nevis Government Reaffirms the High Integrity of the Citizenship by Investment Programme

by
November 29, 2018
in Press Releases
CITIZENSHIP PROGRAMME’S TEMPORARY HURRICANE RELIEF FUND YIELDS POSITIVE RESULTS FOR ST. KITTS AND NEVIS COMMUNITIES
Share on FacebookShare on Twitter

 

BASSETERRE, November 28, 2018 – The Government of St. Kitts and Nevis received information concerning alleged misrepresentation of the Programme by certain parties advertising investment requirements significantly lower than those approved by the Government. The Government takes this very seriously and has never permitted or endorsed any such activities.

Related posts

Minister of Foreign Affairs meets with Scholarship Recipients in Havana

Minister of Foreign Affairs meets with Scholarship Recipients in Havana

January 31, 2023
Saint Kitts and Nevis’ Minister of Foreign Affairs Visits Hospitals in Havana

Saint Kitts and Nevis’ Minister of Foreign Affairs Visits Hospitals in Havana

January 31, 2023

 

The St. Kitts and Nevis Government takes this opportunity to clarify that the following minimum investment levels apply for a single applicant, with no exception:

 

• US$150,000 for the Sustainable Growth Fund (SGF);

• US$200,000 for a joint investment in real estate;

• US$400,000 for an investment in real estate, and

• US$250,000 for the Sugar Industry Diversification Foundation (SIDF).

 

We Do Not Accept Any Applications with Investments Below the Legal Threshold.

 

Not only has Government never authorised any acts of Programme misrepresentation, but, quite on the contrary, the Government has taken active steps to eradicate them. Two entities were recently identified as being in breach of Programme guidelines. The Citizenship by Investment Unit (CIU) has listed them as entities not authorised to submit an application for Citizenship by Investment on their behalf or on behalf of any other person on the official website.

 

With respect to applicants, a person does not qualify for citizenship unless he or she has made the appropriate investment. A person wishing to apply via the real estate option must provide the corresponding purchase and sale agreement, which must be in keeping with Regulations thresholds. Any person found to have fraudulently claimed to have submitted the full payment will not be approved for citizenship.

 

The Government of St. Kitts and Nevis reiterates its commitment to upholding the integrity and legitimacy of St. Kitts and Nevis’ Citizenship by Investment Programme and continues to take disciplinary action against anyone who breaches the laws, regulations, and policies governing the Programme by acts of misrepresentation.

 

The Government would also like to address allegations that an Authorised Agent received a letter purporting to be from the CIU authorising an application for citizenship by investment via the real estate option for US$150,000, a value below that required under the Programme. This letter was never sent by the CIU.

 

The Government is currently carrying out further investigations into the matter and will take appropriate measures. The Unit would like to thank those who have brought this to its attention and encourages anyone possessing any indication of wrongdoing in relation to the Programme to inform the Unit immediately. The Unit is committed to ensuring that this type of activity does not occur and is devoted to providing all Authorised Agents with a level playing field.

 

The St. Kitts and Nevis Citizenship by Investment Programme is the world’s longest-serving and most prestigious programme to offer citizenship in exchange for an investment in the country’s economy. All investment routes through the Programme are designed to bring further socio-economic prosperity to the Federation, to the benefit of all citizens of St. Kitts and Nevis.

 

In addition to delivering quality and integrity in our programme, we will continue to innovate so that we retain our enviable position both as the originator of Citizenship by Investment and as the respected market leader in this field.

 

 

Les Khan  PMP, MSOC, BBA

CEO, Citizenship by Investment Unit

Government of St. Kitts and Nevis

leskhan@gmail.com

1 869 662 3548 (St. Kitts)

1 813 403 7714 (International)

Previous Post

SOLID WASTE MANAGEMENT CORPORATION TO BE FEATURED ON WORKING FOR YOU ON WEDNESDAY, NOVEMBER 28

Next Post

Climate Change: Global Challenge Requiring Global Response by Dr. Lee Ying-yuan Minister Environmental Protection Administration Executive Yuan, R.O.C. (Taiwan) August 2018

Next Post
Climate Change: Global Challenge Requiring Global Response by Dr. Lee Ying-yuan  Minister  Environmental Protection Administration  Executive Yuan, R.O.C. (Taiwan)  August 2018

Climate Change: Global Challenge Requiring Global Response by Dr. Lee Ying-yuan Minister Environmental Protection Administration Executive Yuan, R.O.C. (Taiwan) August 2018

WHAT'S HOT

Minister of Foreign Affairs meets with Scholarship Recipients in Havana

Minister of Foreign Affairs meets with Scholarship Recipients in Havana

January 31, 2023
Saint Kitts and Nevis’ Minister of Foreign Affairs Visits Hospitals in Havana

Saint Kitts and Nevis’ Minister of Foreign Affairs Visits Hospitals in Havana

January 31, 2023
St. Kitts and Nevis’ Minister of Foreign Affairs Attends Meeting in Havana

St. Kitts and Nevis’ Minister of Foreign Affairs Attends Meeting in Havana

January 31, 2023

BROWSE BY CATEGORIES

  • Bills
  • Featured
  • In The News
  • Notices
  • Parliament
  • Press Releases
  • Register of Voters
  • Uncategorized

LIKE US ON FACEBOOK

Facebook Pagelike Widget

FOLLOW US

CATEGORIES

  • Bills
  • Featured
  • In The News
  • Notices
  • Parliament
  • Press Releases
  • Register of Voters
  • Uncategorized

CONTACT US

Government Headquarters
Church Street
Basseterre, Saint Kitts and Nevis 00265
(869) 467-1416

  • Government of St. Kitts & Nevis

© 2020 St. Kitts & Nevis Information Service. Developed by E-Government Unit

No Result
View All Result
  • Home

© 2020 St. Kitts & Nevis Information Service. Developed by E-Government Unit