Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, April 16 2020 - 10:00
AsiaNet
Efficiency is Critical to Citizenship by Investment, St Kitts and Nevis CIU CEO Says
LONDON, April 16, 2020 /PRNewswire-AsiaNet/--

Fast-track processing, experience and reliable due diligence are the defining 
features that position St Kitts and Nevis as the 'Platinum Standard' of 
Citizenship by Investment (CBI). This is according to Mr Les Khan, the CEO of 
the Caribbean country's Citizenship by Investment Unit (CIU), in a recent 
interview 
[https://csglobalpartners.com/news/csgp-speaks-to-ceo-of-st-kitts-and-neviss-cbi
-unit/] with London-headquartered government advisory CS Global Partners.

Established in 1984, the St Kitts and Nevis CBI Programme offers thoroughly 
vetted individuals and their families the privilege of obtaining its 
citizenship in exchange for an economic contribution. Two years ago, Prime 
Minister Timothy Harris introduced the Sustainable Growth Fund (SGF) as the 
fastest, most secure and most efficient route to St Kitts and Nevis' 
citizenship. Coupled with the Accelerated Application Process (AAP), it 
guarantees that approved applicants receive their citizenship and accompanying 
passports – a separate process – within 60 days.

"The efficiency factor is very critical to our clients and we are the only 
[CBI] Unit that offers a fast-track service," says Mr Khan referring to the AAP 
feature. He explains how the fast-tracking maintains the high due diligence 
standards that define St Kitts and Nevis' CBI Programme: "[For] HNWI who want 
their application to be expeditious, we can afford that facility at a higher 
price, but we have the mechanism to do negotiations with our due diligence 
providers." 

Mr Khan offers some insight into the inner operations of the CIU and how they 
manage to streamline their processes for maximum speed and quality. "All our 
staff are tuned into what a fast-track application is; it gets priority from 
the minute it comes in through the door to when it's a final approval." 

The way applicants make their qualifying CBI investment through the Sustainable 
Growth Fund is straightforward and most secure. Once they pass all the due 
diligence checks and are approved in principle, investors make a one-time 
contribution directly to the government. Investments start at US$150,000, 
depending on how many family members they include in the application. There are 
no other intermediaries except for authorised person 
[https://ciu.gov.kn/agents/] approved on the CIU website. 

Applicants can obtain citizenship from their home countries because St Kitts 
and Nevis does not require them to visit the islands. Furthermore, the 
application process has temporarily been digitalised for safety reasons in 
light of COVID-19.

Contact:

pr@csglobalpartners.com 

www.csglobalpartners.com 

SOURCE: CS Global
Translations

Vietnamese