Friday, November 8, 2024

St Kitts CIU announces new rules of engagement for Agents

The St Kitts and Nevis Citizenship by Investment Unit (CIU) has published a notice with new rules for engagement for Citizenship consultants and Marketing agents effective from Dec 10, 2018.

 

  • IMA’s and sub agents are to ensure that there are no advertisements on paper, or social media, that suggest government sanctioned discounts and pricing.
  • Any images of the St. Kitts and Nevis passports and scenery must be used solely for promotions of the government approved investment options. Any contravention to the above could lead to an immediate suspension of application submissions.
  • The infringing agent could be listed on the CIU website as being black listed. Modification of any government issued letters may result in the actions noted above. Agents caught misleading the potential client, by proposing one option and providing documentation for another may be subject to the sanctions noted above.
  • International Marketing Agents are responsible for the actions of their sub agents. Processes must be in place to ensure that the Integrity of the St. Kitts and Nevis programme is maintained.
  • The Government would take any action deemed necessary to protect the integrity of the programme.

 

CIU Notice for CBI agents

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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