Saint Kitts’ New Escrow Law to Prevent CBI Real Estate Tricks
The new escrow law will make developer payouts contingent on construction milestones.
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les khan
Les Khan: Saint Kitts’ Real Estate Option “Really Taking Off” and SKN’s DD is “Ahead of Malta”
Les Khan spoke to Investment Migration Insider during the 12th Global Residence & Citizenship Conference in Dubai earlier this month. Earlier this year, Saint Kitts & Nevis halved the investment requirement for its real estate option, reducing it from US$400,000 to US$200,000. The move has paid off, according to the CIU-boss. “Our real estate option
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Saint Kitts CIP: More Applications in ’18 Than Last 3 Years Combined
During a press conference on Wednesday, CEO of the Saint Kitts & Nevis Citizenship by Investment Unit, Les Khan, revealed his program had received more applications in 2018 than in the preceding four years combined. “It is most important to recognize that the number of applications has increased tremendously from the last three or four
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Saint Kitts Aims for Only 300 CIP-Approvals in 2018, Despite Recent Record Numbers
Saint Kitts and Nevis expects to approve some 300 applications to its Citizenship by Investment Programme (CIP) in 2018, according to the government’s recently released Estimates for the Year 2018. The objective appears very conservative in light of the 1,200 applications the program reportedly received under the Hurricane Relief Fund option during its six month
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WATCH: Caribbean Citizenship by Investment – Episode 1: Saint Kitts & Nevis
Episode 1 of the documentary series Caribbean Citizenship by Investment, the first-ever documentary on all five citizenship by investment programs (CIPs) in the Caribbean, is now available. In the series, we visit each country to learn more about the respective citizenship by investment programs and life on the ground on the islands. The first episode covers
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Saint Kitts CIU-Boss’ Walks Us Through His Due Diligence Process Step by Step
During February’s recording of the upcoming documentary series Caribbean Citizenship by Investment, we recorded an interview with Les Khan, head of the Saint Kitts & Nevis Citizenship by Investment Unit, in which he walked us through the multi-layered due diligence procedures to which he subjects applicants to the country’s Citizenship by Investment Programme. Don’t miss
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SKN CIU-Boss Khan: Expect New Contribution Price After HRF-Option Ends
Prime Minister Harris of Saint Kitts & Nevis earlier this week declared the Saint Kitts & Nevis’ limited time offer of US$150,000 contributions to the Hurricane Relief Fund (HRF) as a means of qualifying for the country’s citizenship by investment program a “largely successful” measure. But as the discount window draws to a close (formally ending
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Range Formally Announces 4th CIP Development: Six Senses in Saint Kitts
Press release via Range Developments: March 4, 2018 Basseterre, ST KITTS & NEVIS – Range Developments, the developer of luxury hotel resorts in the Caribbean, is bringing the Six Senses brand to the island nation of St. Kitts & Nevis. Six Senses St. Kitts will be set on the site of a former sugar plantation with
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SKN CIU Confirms: Hurricane Fund Discontinued by March, Funds Will Partly Go to Aid Other Islands
Les Khan, head of the Saint Kitts & Nevis Citizenship by Investment Unit, indicates the CIU is determined to close the Hurricane Relief Fund (HRF) option at its expiry on March 30th, 2018. After Saint Kitts & Nevis launched the HRF contribution option last month, Antigua & Barbuda reacted by drastically cutting their own prices,
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Saint Kitts’ Citizenship Program No Longer the Platinum Brand, says Head of Dominica CIU
Head of the Saint Kitts & Nevis Citizenship by Investment Unit, Les Khan, maintains that his country has not and will not be engaged in a “race to the bottom”, despite recently introducing the Hurricane Relief Fund contribution option, which critics say undercuts prevailing market prices in the Caribbean. “We originally set a price that
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As SKN CIP Application Volume Picks Up, Les Khan Assures Marketing Agents Hurricane Fund is Legal
During a recent trip to the Middle East, Les Khan – head of the Saint Kitts & Nevis CIU – fielded questions from international marketing agents as to whether the recently announced Hurricane Relief Fund donation option is legitimate, following a spate of negative press coverage. Khan allayed their concerns, ensuring agents that the Fund
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Les Khan to Head Citizenship by Investment Programmes Association (CIPA)
The Citizenship by Investment Programmes Association (CIPA), a club for CIP-brandishing countries in the Caribbean, has appointed Les Khan, CEO of the Kittitian CIU, as their chairman, according to a press release (below). Les Khan – who gave an exclusive interview with Investment Migration Insider this summer – is perhaps the most obvious choice for
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Tax residency program trend: Why 3 Caribbean CIP-countries have opened them in 2 months
Tax residency programs are the dernier cri among Caribbean CIP countries. Saint Lucia, ever the trendsetter, kicked off the craze in Geneva on June 6th when Prime Minister Chastanet, during an exclusive interview with Investment Migration Insider, revealed that his government was rolling out a tax residency program together with the Headquarters Act. Some three
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Ministers exert ” a lot of political pressure” on certain Caribbean CIUs says SKN CIU-head Les Khan.
Les Khan speaks to Investment Migration Insider about the political pressure experienced by some CIU-heads and reveals important details about the new Saint Kitts & Nevis residence program. The above video is an excerpt. View the full interview here
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Full interview with Les Khan
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