The head of citizenship by an investment unit of St Kitts and Nevis – Michael Martin, is working hard every day to boost and enhance while retaining the premium standard of the highly sought-after CBI program.
Under the directives of Martin, the unit is working diligently to uphold the CBI program’s prestige and make sure that it persists in luring the high net worth individuals (HNWIs) from around the world.
The CIU head has highlighted that under the limited-time offer valid up to June 30, 2023, applications which pass the comprehensive due diligence process can get their approval in principle within 60 days.
The due diligence process is carried out on the investor after applying for alternative citizenship, which plays a major role in maintaining the platinum standard of the program. It helps to ensure the security as well as the well-being of the country.
The commitment being shown by Michael Martin towards the robust due diligence process is a testament to his dedication to maintaining the reputation and integrity of the CBI program of St Kitts and Nevis.
The citizenship by investment programme of St Kitts and Nevis remains a top choice for people as the government is introducing new schemes and programmes to attract business-class people from around the world. As the new year started, the CBI unit of St Kitts and Nevis introduced a limited-time offer applicable to Sustainable Growth Fund under which the minimum investment amount and approval time was reduced.
The limited-time offer allows applicants to receive approval in principle within 60 days if they pass the due diligence process.
Furthermore, to encourage foreign direct investment, many general tax incentives also provide a decent environment for businesses.
Michael Martin has pushed the program forward in less than two months of his appointment as the CIU head. He has initiated many major measures aimed at simplifying the application process. The new amendments have made the program more efficient and will help the nation retain its top spot as the best CBI programme.
One of its major priorities of Martin has been to raise the accountability and transparency of the program. After becoming the head of CIU, he launched robust guidelines to ensure that all investors are thoroughly vetted to restrict illegal individuals from entering the nation.
Additionally, Michael Martin is dedicated to making the CBI programme of St Kitts and Nevis as accessible as possible.
The CIU head regularly hosts meetings with stakeholders to discuss enhancing the program. This approach has helped to build the program as a whole, which is well-regarded by applicants and recognised as a model of excellence.
About the Limited Time Offer applicable from January 1 to June 30, 2023
The LIMITED TIME OFFER is applicable when an investor invests under the sustainable growth fund of St Kitts and Nevis. An investor gets the chance to get his second citizenship in just 60 days.
Under this, the main applicant can apply with a minimum of USD 125,000, while the price for a family of four is reduced to USD 170,000.
Furthermore, the investors are not required to pay additional amounts to get Accelerated Application Process (AAP). Now, all qualifying applicants can be given citizenship in 60 days upon submission of their application.