What is the status of the committee responsible for the CBI proceeds? What is the update surrounding Nevis’ “fair share” of the proceeds?
Those were questions the VONNEWSLINE were attempting to receive answers for, as the much-talked about CBI (Citizenship By Investment) program, continues to be one of SKN’s main income earner.
The CBI program offers foreign investors citizenship in exchange for substantial investments in the socio-economic development of St. Kitts & Nevis. Prime Minister and Minister of Finance, Dr. Terrance Drew, gave this response:
PM Drew at his February 13th press conference, said Nevis, as an island, receives an additional $5m outside of the CBI monies:
