St Kitts and Nevis PM Terrance Drew discusses Evolution of CBI programme during official visit to Dubai

St Kitts and Nevis, Prime Minister Terrance Drew visited Dubai, and this is his first visit to Dubai after becoming Prime Minister. His visit aims to deepen relationships with important stakeholders, including international investors and government-approved agents, who play a vital role in promoting and supporting the country's recently upgraded Citizenship by Investment (CBI) programme.

St Kitts and Nevis, Prime Minister Terrance Drew visited Dubai, and this is his first visit to Dubai after becoming Prime Minister. His visit aims to deepen relationships with important stakeholders, including international investors and government-approved agents, who play a vital role in promoting and supporting the country’s recently upgraded Citizenship by Investment (CBI) programme.

The embassy of St Kitts and Nevis in Dubai organized a special Cocktail event this evening, where the Prime Minister gave his special speech and showed some details of St Kitts and Nevis, mainly about the Citizenship by Investment Programme that stands apart from others.

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He stated that this world is ever-changing and unpredictable, and the Government of St Kitts and Nevis and its Citizenship by Investment Programme must continue to adapt to the needs of people and to attract the right kind of international investment necessary to uplift our country.

Furthermore, he stated that it’d been 40 years since St Kitts and Nevis became the pioneer of the global investor immigration industry.

The vision to use economic Citizenship to attract international investment was innovative in 1984. The Citizenship by Investment Programme’s first significant evolution 27 years later
in 2011 was bold and creative.

This is the third iteration of its evolution; in 2022, after four decades of erudition and development, we must use that same creativity and boldness to ensure that:

• that the programme transcends to the modern age; and
• the security infrastructure is enhanced and strengthened.

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According to PM Terrance Drew, “we need to ensure that our treasured Citizenship by Investment Programme is mutually
beneficial for all stakeholders, from the people of St Kitts and Nevis investors, developers, local service providers and international marketing agents.

This year in August, St Kitts and Nevis Citizenship by Investment Programme decided to update certain aspects to ensure that it continues to meet the needs of intelligent investment-minded people looking for an enriching base for their families and businesses. Not only limited to this, but also the programme aims to uplift the Kittitian and Nevisian society through beneficial investment options that bring tangible value.

This review was done in consultation and partnership with all stakeholders during the exploratory phase.

He also mentioned his visit and said he was here to hear from people and stakeholders before the final details were out within the next few days for the evolved CBI Programme to be implemented on January 1, 2023.

He also mentioned the bold and innovative decisions which he took to strengthen the legislative and administrative structures of the programme and to ensure that real estate projects funded
by the programme is completed.

In the end he stated that St Kitts and Nevis have well-respected and serious investors who see the potential of the nation
and who are prepared to put capital behind innovative projects, investments and industries that will enhance our palatability to global immigration investors.

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