Monday, 23rd December 2024

St Kitts and Nevis CBI thrives among HNWIs under Head Michael Martin

CIU Head, Michael Martin is working diligently to maintain the reputation and integrity of the first and finest CBI Programme.

Saturday, 2nd March 2024

St Kitts and Nevis, CIU Head Michael Martin

(PC/Facebook)

St Kitts and Nevis: Head of the Citizenship by Investment Unit, Michael Martin is working diligently and consistently to maintain the reputation and integrity of the first and finest CBI Programme. The programme is attracting a huge number of HNWIs from across the world since Head Martin assumed the office.

The Citizenship by Investment Programme of St Kitts and Nevis has become a perfect platform for investors seeking to spend their lives in a safe and secure destination with their families. The programme has also witnessed a major growth in the investment migration industry with the innovative ideas of Michael Martin.

The high-net-worth individuals and discerning investors have been choosing the programme and making investments in St Kitts and Nevis to lead a peaceful life. This is why the programme is growing every day in popularity and is being recognised on an international platform.

The new regulations introduced under Head Martin have been said to increase the integrity and competitiveness of St Kitts and Nevis’ CBI Programme. Head Martin said that they will never compromise the reputation of the CBI and will always maintain its standard in the industry.

Notably, among the groundbreaking changes, one was the replacement of the Sustainable Growth Fund with the SISC – Sustainable Island State Contribution earlier in 2023. CIU Head Michael Martin said that the investment option is striving to uplift the island nation by adopting a sustainable path and encouraging the island's green energy goals.

While introducing these changes, Martin said that these changes are aimed at maintaining accountability, integrity and transparency of the already best CBI Programme of St Kitts and Nevis. Furthermore, he also said that the CIU Unit has been working to uplift the due diligence procedures of the programme.

According to Martin, due diligence is a major parameter of the Citizenship by Investment Programme of the Federation and they will work to consistently enhance it. He also said that the new regulations are designed in a way to make robust background checks so that only legitimate and reputable individuals can be granted with the alternative citizenship.

The introduction of mandatory interviews as well as the increment in the investment amount is also a huge milestone under the due diligence checks of St Kitts and Nevis CBI Programme. He noted that this step is to make sure that only legitimate investors can enter the twin island nation.