“Exhausted by the bureaucratic stalling, several affected individuals have begun to organize collective efforts to demand the return of their money.”
St. Kitts and Nevis CIU CEO Michael Martin resigns. Government claims to have received 1,000 applications for the position.
The EU is reportedly asking the CBI programs to switch to a low-volume/high-price model and is particularly concerned about discounting.
MSR Media, whose principal is suing the former CIU-boss for “an international scam”, will have the first approved Public Benefit Option.
Saint Kitts officials claim the refund-troubles arose from decisions of the former administration. That is not true, writes Maxim Zharkov.
In an exclusive interview with IMI, St. Kitts & Nevis CIU boss Michael Martin chalks up the delayed refunds to “budgetary adjustments.”
Investment migration people in the news this week.
New, stricter rules for real estate, significant discounts for the SGF contribution option, a new fee schedule, and new investment options.
The new CIU chief says he plans to assess the status of the CIU, introduce new investment options, and redefine the program’s target clients.
