Thursday, 21st November 2024

St Kitts and Nevis: CIU Head Martin is working to uplift first and finest CBI Programme

Saturday, 23rd March 2024

St Kitts and Nevis: CIU Head Martin is working to uplift first and finest CBI Programme

The Head of the Citizenship by Investment Unit of St Kitts and Nevis, Michael Martin, has been executing several measures to enhance the overall integrity of the first and finest CBI Programme in the world. Under his leadership, the Programme is becoming a top choice for high-net-worth individuals (HNWIs) worldwide.

CEO Martin is consistently adopting several robust strategies aimed at improving the overall Citizenship by Investment Programme of St Kitts and Nevis. It is to be noted that after his appointment as the CIU Head, the unit has implemented many reforms to enhance its sustainability agenda.

The CBI Programme of the Twin Island Nation offers several opportunities to the applicants and their families. These benefits include higher business opportunities, diversify their portfolio and other wealth planning options which will safeguard the life of the applicants.

The programme is working while keeping in mind the fundamental pillars of the government, which include good governance, sustainability, and pragmatism.

CIU Head Martin has expressed his plan to focus on making the programme beneficial for both the investors and the local community and making it a win-win situation for them. In a significant modification, he replaced the Sustainable Growth Fund with Sustainable Island State Contribution, showcasing the seriousness of the government towards enhancing the sustainability agenda. According to a recent statement made by Martin, the primary focus of the unit is enhancing the quality which will lead to the enhancement of the reputation and competitiveness of the island’s CBI Programme.

Through such measures, the Head has been making efforts to enhance the due diligence aspects of the Programme, which will ensure the legitimacy of the investors and help raise its standards.

The measures which were implemented included the mandatory interviews, stringent background checks and increased investment amount with St Kitts and Nevis being the first in the country to do so. This has solidified the Programme’s and the country’s name at international platform.