SKN Government to bolster CBI program

SKN Government to bolster CBI program

St. Kitts and Nevis’ (SKN) Citizenship by Investment (CBI) program will be strengthened, as the world and in particular SKN in battling the COVID-19 pandemic.

 

Here is Prime Minister, Dr. the Hon. Timothy Harris: 

 

 

The Citizenship program was established in 1984 and requires applicants to make an economic contribution to the country.

 

In exchange, they and their families are granted full citizenship. 

 

Acquisition of citizenship under the donation option requires an applicant to make a non-refundable contribution of USD 150,000.00 to the Sustainable Growth Fund (SGF).

 

Alternatively, applicants must make either an investment of at least USD 400,000.00 or USD 200,000.00 in one of the approved real estate developments, in addition to paying government fees and other fees and taxes. 

 

Our borders reopened on October 31st and since then, the Federation has received commercial flights such as: (American Airlines and Sea Borne).

 

In that respect, PM Harris mentioned future benefits to be derived from the CBI program: 

 

Prime Minister, Dr. the Hon. Timothy Harris. 

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