Sunday, 24th November 2024

Head Martin leads St Kitts and Nevis’ CBI Programme, ensures rigorous due diligence

During a recent interview, Head Martin explained that the funds are invested throughout the country, from the roads people drive on and the schools students attend to the hospital people are treated in and the hotels in which the visitors stay in. 

Saturday, 25th May 2024

Head of the CIU Unit, Michael Martin
(PC - Facebook)

St Kitts and Nevis: In a significant development, the Citizenship by Investment Programme of St Kitts and Nevis is known for benefitting the entire nation. CIU Head Michael Martin and the Government use the funds generated from the programme to positively impact its people

During a recent interview, Head Martin explained that the funds are invested throughout the country, from the roads people drive on and the schools students attend to the hospital people are treated in and the hotels in which the visitors stay in. 

He further noted, “We introduced the first CBI Programme, and it is the finest. This was proven by our programme being voted as number one in the world by CBI Index.

According to Martin the vast majority of these are funded by the Citizenship by Investment Programme as it is the largest contributor to the GDP of the country. He also noted that the benefits can be seen everywhere and they can be tracked back to the CBI Programme as it funds almost everything which a person sees in St Kitts and Nevis. 

While it is the job of those within the government to assign the funds, Martin and his team at CIU executes a strict due diligence process to uphold the country’s reputation as a stable and sound democracy which is built on free market policies. 

Martin stressed that the CIU places due diligence at the highest level of importance in the CBI Programme and added that there are several benefits to becoming a citizen as the investor will be part of a safe and secure country and will have numerous chances for further investment. 

He said that the CBI Unit is aiming to create sustainable investment opportunities and it is not just a case of making that first investment and leaving it like that only, the unit encourages successful applicants to consider additional investments. 

While talking about the stringent due diligence processes, Martin outlined, A lot depends on the due diligence report; if there are major problems then we may have to ask for more information or possibly deny the application.

This clearly shows that he is aiming to maintain the highest possible integrity of the first and finest Citizenship by Investment Programme of St Kitts and Nevis.