Monday, 23rd December 2024

St. Kitts and Nevis CBI surges in popularity under vision of CEO Martin

Martin is working consistently to maintain and enhance the integrity of the finest programme and said that his team will always come up with those ideas that will place the country at the forefront of the investment migration industry.

Wednesday, 8th May 2024

St Kitts and Nevis CBI Programme stands as first and finest in world under Michael Martin
St. Kitts and Nevis: The Citizenship by Investment Programme of St. Kitts and Nevis has been an attractive investment option and is growing in popularity among wealthy individuals. The country boasts of having the longest-standing CBI Programme in the world, as it was launched in 1984. The Head of the Citizenship by Investment Unit of the Federation, Michael Martin, says that they have one of the strongest economies in the Caribbean and it is a true privilege for anyone to hold the St. Kitts and Nevis citizenship.

Martin is working consistently to maintain and enhance the integrity of the finest programme and said that his team will always come up with those ideas that will place the country at the forefront of the investment migration industry.

Under his leadership, one of the most significant made was the minimum investment threshold which was increased to US$250,000 under the Sustainable Island State Contribution. This change was made to ensure only legitimate investors can get entry into the country.

While announcing the changes, Head Martin said that the main driving factor behind these decisions is to maintain the Programme being one of accountability, integrity and transparency.

He also said that the country is looking to attract the kind of investors who want to be part of the overall development of St. Kitts and Nevis and its people.

In addition to this, the Unit also introduced mandatory interviews as part of the changes, which will allow applicants to appear for an interview online as part of the due diligence process before the final approval.

Martin was appointed as the Head in December 2022, and since then, he has been working day and night to maintain the overall position of the Twin Island nation's CBI programme.

He also engages in several meetings with stakeholders to discuss common concerns and work on them afterward.

The CBI programme underwent a complete evolution under his leadership and his strategic plans which focused on advancing the country as well.