Michael Martin works to enhance due diligence procedures of St Kitts and Nevis CBI Programme

St Kitts and Nevis: The Head of the Citizenship by Investment Unit of St Kitts and Nevis Michael Martin is working collaboratively with the Government to strengthen the longest running CBI Programme. He is on the drive to maintain and uphold the integrity of the first and finest programme. According to Martin, the CIU Unit strives to enhance the due diligence procedures of the Citizenship by Investment programme and improve its quality to ensure only legitimate investors can be granted the alternative citizenship. With the innovative ideas of Michael Martin, St Kitts and Nevis was proudly ranked as the Number 1 CBI Programme in the CBI Index 2023. The island secured perfect 10 scores in the due diligence pillar which showcases that the CIU Unit is already working hard and has maintained itself at the top, leaving behind several other key market players.

The Federation secured the first rank because of the changes implemented by Michael Martin last year which aimed to uplift the Programme. The changes included the mandatory interviews for every applicant which is also a step taken to enhance the due diligence.

The mandatory interviews necessitate the applicants to appear for an interview online or offline (if possible) before the citizenship is granted to them. This is to ensure that the applicant is a legitimate investor and will not be a threat to the island nation or its residents.

Head Martin has positioned St Kitts and Nevis as one of the perfect choices for the investment and the country is attracting discerning investors than ever. The alternative citizenship of the twin island nation offers several benefits to the investors which includes higher business opportunities, portfolio diversification and wealth diversification, giving the investors a secure future for themselves and their families. The CIU Unit also replaced the Sustainable Growth Fund with the Sustainable Island State Contribution as part of the changes introduced. While announcing this option, Michael Martin said that with this new investment option, the government of St Kitts and Nevis strives to become a Sustainable Island State.