Premier announces projected 47% reduction in CBI revenue
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Premier announces projected 47% reduction in CBI revenue
Premier announces projected 47% reduction in CBI revenue
Post Credit: VON Radio
Nevis’ Premier and Minister of Finance, the Hon. Mark Brantley, announced during his budget presentation on Dec. 2nd that there is a projected reduction in the Citizenship By Investment (CBI) revenue for 2026.
Prior to this announcement, the Nevis Island Administration on average received around EC $66 million a year:
Despite the projection, Premier Brantley emphasized the following: