LONDON – In a bid to remain agile amid an unpredictable hurricane season, St Kitts and Nevis has launched a new fund for their world-renown Citizenship by Investment Programme.
Following a series of high impact hurricanes that have caused significant damage in the Caribbean, the St Kitts and Nevis Citizenship by Investment Unit has introduced the temporary Hurricane Relief Fund – an innovative response to allow the Federation greater protection against future natural disasters.
Prime Minister of St Kitts and Nevis, Dr the Honourable Timothy Harris, believes the fund will directly benefit both citizens of the Federation and potential applicants:
“The Hurricane Relief Fund is an attractive option for citizenship applicants in the way it fulfils their own desire to make a positive impact on the environment in which they are seeking to play an active part.”
CEO of the Citizenship by Investment Unit for the St Kitts and Nevis Programme, Les Khan, is currently in Dubai to launch the new fund to immigration agents.
This follows his recent appointment to the coveted position of Chairman for the Citizenship by Investment Programmes Association. Regarding the addition of the Hurricane Relief Fund, Khan says, “being able to anticipate and prepare for [hurricane season] … that is what the Hurricane Relief Fund is about.”
Under the Hurricane Relief Fund model, which is in place until March 2018, a family of four can be granted citizenship of St Kitts and Nevis for US$150,000.
Coupled with the new affordable price tag, the St Kitts and Nevis Programme will continue to offer the unique Accelerated Application Process whereby prospective applicants can be granted citizenship within a guaranteed 60-day period.
Widely labelled the Platinum Standard within the industry, the Programme also revolves around the world’s strictest vetting procedures as well as a simple and efficient online processing system. CS Global Partners CEO, Micha Emmett, believes the new Fund is an attractive opportunity for the discerning applicant:
“As the longest serving programme in the world, the St Kitts and Nevis offering continues to improve with age. This temporary feature of the programme is a win-win for applicant and country. The Citizenship by Investment Unit is thinking about the future, as is the discerning applicant, as if to say ‘an investment in your future is also one in ours.’”