St Kitts: CIU head Michael Martin addresses forum of local service providers

St Kitts and Nevis: On Friday, December 30, the officials from the (CIU) Citizenship by Investment Unit organized an event where the local service providers of St. Kitts and Nevis participated in a forum to discuss the newly introduced amendments and regulations in the CBI (Citizenship by Investment Programme).

St Kitts and Nevis: On Friday, December 30, the officials from the (CIU) Citizenship by Investment Unit organized an event where the local service providers of St. Kitts and Nevis participated in a forum to discuss the newly introduced amendments and regulations in the CBI (Citizenship by Investment Programme).

As per the recent updates, the forum meeting was held at the NEMA (National Emergency and Management Agency) Conference Room yesterday, December 30, which was chaired and supervised by the Head of the CIU (Citizenship by Investment Unit), Mr Michael M Martin along with his delegation. 

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During the event, Attorney General and Minister of Justice and Legal Affairs, Honourable Garth Wilkin, accompanied CIU Head Michael Martin while he addressed the sitting.

 

Furthermore, the event was attended by the Operations Manager at CIU (Citizenship by Investment Unit), Mr Larry Vaughn, along with a number of other top-level staff members of the CIU Unit of Citizenship by Investment Programmes. 

During the Forum meeting, all the participating members of CIU took the initiative to address and discuss the modifications made in the CBI Programme and gave their inputs.

Per the sources, the management of the CIU, under the supervision and leadership of Director Michael M Martin, launched the modified version of the CIB Programme a few days back. The key amendments were made to make the Programme more competitive and enhance its functionality simultaneously. 

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The CIU Head pointed out that the committee is putting immense effort into making it more appealing to its potential investors and high-net-worth individuals.

Moreover, the CIU department also conveyed that the introduced changes in the CBI Programme are also focused on providing significant benefits to the residents of St Kitts and Nevis by attracting foreign investments in the country as it will also increase the value of the economy of the nation.

In the end, The CIU Head named the list of programs in which the new amendments were made in recent days, such as 

  • SGF (Sustainable Growth Fund) Limited Time Offer
  • Real Estate Investment Option
  • Private Home Sale Investment Option
  • Public Good Investment Option, Public Good Investment Option
  • Government Fees for Post-Citizenship Addition Applications.
Tariq Saeed

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