Friday, November 8, 2024

CBI approved KOI Resort St.Kitts is now open

The KOI Resort in St.Kitts is now open for tourists for 2020.  The resort has serene oceanfront of Half Moon Bay at KOI Resort Saint Kitts, a Curio Collection by Hilton.

 

“Delighted that the KOI Resort StKitts is now open, supporting almost 100 jobs already and providing new rooms for more tourists. StKittsNevis is definitely moving forward in the right direction” said Prime Minister Harris.

 

KOI means love in Japanese.  The new KOI Resort harmonizes with the natural beauty of sandy coastlines and majestic ocean views for retreat lovers.

 

The KOI resort is also an approved citizenship by investment (“CIP”) project for hotel investors. The CIP regulations require USD 200,000 investment in hotel projects and require it to hold for 7 years.

 

 

St.Kitts and Nevis is currently the #1 Cruise destination in the OECS with around three million cruise visitors and ever increasing visitor stay over numbers. It is anticipated that close to 200,000 stayover visitors are expected in 2020. About 5 more hotel resorts is set to open by the end of 2020 providing much needed boost to the tourism industry,

 

St.Kitts and Nevis also boasts the strongest economy in the OECS and ended 2019 as the only OECS country

 

The Twin island of St Kitts and Nevis (SKN) with jus a population of 52,000,  remains the 8th richest country in the Caribbean.

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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