Tag: St. Kitts and Nevis
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Caribbean Nations to Establish Joint CBI Regulator Following US Treasury Talks
The Citizenship by Investment (CBI) programs in the Caribbean have long attracted high-net-worth individuals seeking greater mobility, security, and investment opportunities. Now, following a productive roundtable discussion with the U.S. Treasury, the five Caribbean nations offering these programs—Antigua & Barbuda, St. Kitts & Nevis, Dominica, Grenada, and Saint Lucia—are taking significant steps to enhance the…
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7% of St Kitts and Nevis’ Population Receives a Monthly Stipend from Citizenship by Investment Revenue
LONDON, July 19, 2019 /PRNewswire/ — Under the new Poverty Alleviation Programme, St Kitts and Nevis has been providing 7% of its population with a monthly stipend using funds from its successful Citizenship by Investment (CBI) Programme. During a recent press conference, Prime Minister Timothy Harris revealed that the programme had already distributed EC$13.6 million (≈US$5 million) to nearly 4,000 qualifying households since its…
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The $2 Billion Market For Passports
As migration and inequality continue to get significant attention from US presidential candidates, it is worth noting a rising phenomenon at the intersection of these two topics: economic citizenship. A growing number of countries offer individuals passports in return for investment, and the wealthy have been taking advantage in increasing numbers. In 2014, the global rich spent…
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Economic Citizenship in St. Kitts and Nevis
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