The St.Kitts and Nevis Government has gazetted new regulations under Order SRO 20 of 2024 which came into force on July 8, 2024, with specific restrictions on advertising, publishing or dissemination of information in relation to the Citizenship by Investment Programme. Agents, promoters and marketing companies are subjected to following rules when promoting SKN CBI programme to clients..
- Referring to specific visa-free or visa-on-arrival countries and territories, or the number
of such countries and territories, to which citizens of Saint Christopher and Nevis may
travel without first applying for a visa. - The use of the terms “second passport”, “golden passport”, “strong passport”, “sale of
passports”, “buying passports”, “investment in passports”, or any other similar terms
which suggest the sale of a passport. - Overtly claiming that the grant of a passport of Saint Christopher and Nevis is part of
the process of the Programme. - The use of any photograph, photocopy, video or any other form of media displaying or
depicting a passport or Certificate of Registration issued by Saint Christopher and Nevis. - The use of any photograph, photocopy, video or any other form of media displaying the
imagery of officials of the Saint Christopher and Nevis Government or the Citizenship
by Investment Unit without express authorisation from the Saint Christopher and Nevis
Government or the Citizenship by Investment Unit. - Deliberate misrepresentation of the details of the Citizenship by Investment Programme,
that are not in line with those mandated by the legislative framework, Government
guidance or information as stated on the official CIU website, including but not limited
to: the legally prescribed minimum contribution or investment amount, application fees
payable to the Government, processing time, and the scope of eligible dependants. - Falsely suggesting that an applicant may acquire citizenship through the Citizenship by
Investment Programme at investment costs that are lower than the legally prescribed
minimum investment amount. - Associating “special offers” or “special discounts” or any other form of discounting
to the Citizenship by Investment Programme. - The misleading comparison of the Citizenship by Investment Programme with similar
programmes through information that extends beyond precise fact. - Suggesting that an Authorised Agent may affect the decision-making process of the
Government with respect to Citizenship by Investment applications, including the
processing time and outcome of an application. - Referring to the number of applicants who successfully acquired citizenship through
the Citizenship by Investment Programme and the country of origin of those
applicants. - The use of any improper marketing practice, including but not limited to aggressive
marketing techniques, blast advertising, mass text, push messages, text alerts, or any
other marketing practice which brings the Citizenship by Investment Programme into
disrepute