The St Kitts and Nevis Government slashed CBI prices in Sep 2017 by announcing temporary Hurricane Relief Fund programme with $150,000 contribution amount, after being hit by Hurricane. The proceeds of the funds will be invested in repairing damages to public infrastructure during 2017 Hurricane season.
The investment for HRF is $100, 000 cheaper than the SIDF which requires $250,000 investment contribution for SKN citizenship.
The HRF scheme is set to expire by Mar 30, 2018.
According to St Kitts Observer, Citizenship programme’s temporary Hurricane Relief Fund yields positive results
“We encourage individuals and families to take the opportunity to invest at a lower threshold for a product that is uncompromised in its quality.” said Les Khan, in St Kitts Observer
“As the oldest programme in the world, we have ensured our integrity of our progress, our system, due diligence and of our ability for clients to invest in a solid programme.”
–@CIUSKN CEO, Les Khan
— SKN CIU (@SKN_CIU) January 19, 2018
St Kitts and Nevis is the oldest and platinum standard of Citizenship by investment programmes in the Caribbean. St Kitts and Nevis passport is one of the powerful passports in the region having visa free access to 139 countries (2018 Henley survey) and the value of St Kitts passport has increased dramatically, after signing visa waiver agreement with Russia.
.@HenleyPartners says that the St. Kitts CBI programme @CIUSKN continues to excel & is very attractive to potential investors being “perceived globally as a very highly sought after CBI programme…the oldest in the world” It has evolved to increase “its strength and structure.” pic.twitter.com/CIyDuJgtc3
— Timothy Harris (@pmharriskn) January 18, 2018
Mr. Khan, CEO of Citizenship by Investment of St Kitts and Nevis, previously said in a press release
Mr. Khan, who is also the Chairman of the Citizenship by Investment Programmes Association (CIPA) said:
“As you would expect, payments from or to any other country will be handled on a case by case basis and acceptance of such transactions are determined by the results of the due diligence performed in accordance with international conventions, including observing the OFAC Sanctioned List. We are very much open therefore to doing business with a host of countries which do not feature on that list.” Countries on the OFAC Sanctioned List are Cuba, Iran, North Korea, Burma/Myanmar and Sudan.
