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St. Kitts and Nevis's new rules for citizenship by investment, major changes announced!

label: 2023-07-27

Big news!


St. Kitts and Nevis has once again strengthened the administration of its Citizenship by Investment (CBI) program and announced important changes.


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New interview session


According to the latest revision of the St. Kitts and Nevis Citizenship by Investment (CBI) program new regulations, from July 19, 2023, main applicants aged 16 and above for the St. Kitts and Nevis CBI project need to accept virtual or Face-to-face interviews as part of the application process.


The new policy applies to all applicants, including applications submitted but not approved by the Citizenship by Investment Unit (CIU).


Six Principles of CBI


On February 25, 2023, the historic US-Caribbean Investment Immigration Roundtable was successfully held in St. Kitts and Nevis.


The meeting brought together a delegation of five Eastern Caribbean countries' citizenship-by-investment programs led by the Prime Minister and a US government delegation led by the Deputy Assistant Secretary of the US Department of the Treasury. The Governor of the Eastern Caribbean Central Bank and the Director-General of the Organization of Eastern Caribbean States were also invited to participate.


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The group is collectively committed to the six principles of citizenship by investment (CBI) proposed by the United States, several of which have been voluntarily adopted by five Caribbean governments as part of their risk management frameworks to strengthen and maintain the integrity of their citizenship by investment programs .


the six agreed principles


01


Collective agreement on sharing information about rejected applicants


Applications from persons rejected in another CIP jurisdiction will not be processed and countries will proactively share information on such denials.


02


interview


Conduct interviews with applicants, either virtually or in-person.


03


additional inspection


Each jurisdiction will check each application with its respective national financial intelligence unit.


04


audit


Programs are audited annually or biennially against internationally recognized standards.


05


take back passport


Request law enforcement assistance in retrieving a revoked or recalled passport.


06


Processing of applications from Russians and Belarusians


Suspension of processing of applications from Russian and Belarusian applicants.


Who is suitable for naturalization of Saint Kitts Nevis


01


High net worth circle


Realize global wealth allocation and tax planning


02


High-end business travel layer


Save the time for visa processing, and provide convenience for flying to all over the world for business, meetings, tourism, and vacation


03


elite education group


In line with international education, it provides convenient conditions for applying to enter world-class schools


04


Enjoy life group


Provide new opportunities to transform and change the living environment


05


Global Development Enterprise


Realize the global development of enterprises and provide more convenience for international business


Planning the identity of St. Kitts and Nevis is becoming an ideal choice for more and more elites. If you are interested in this or want to know more information, please contact Xingyunhai International!

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