In a brief statement to Investment Migration Insider today, Savory & Partners expresses disappointment with the Saint Kitts & Nevis CIU’s public announcement yesterday, which advised stakeholders that the company was no longer an International Marketing Agent with the country’s citizenship by investment program.
Background: Savory & Partners No Longer an International Marketing Agent in Saint Kitts
“Savory and Partners (“S&P”) confirms that it is no longer carrying out new business with St Kitts and Nevis, having not renewed its license at the start of this year,” reads the statement.
“The firm is, for the time being, focusing on other jurisdictions for its clients across the globe. The statement issued by the Citizenship by Investment Unit on the 20th of March, 2019 is both disappointing and surprising. S&P is consulting with its lawyers as to the appropriate next steps.”