MEPs Urge Cutting St Kitts’ Visa-Free Access to Schengen

Opinion of the editor: “We, Members of the European Parliament, are writing to express our concern about the visa waiver program that the EU currently has with St. Kitts and Nevis,” write MEPs Ana Gomes and Marietje Schaake in a letter addressed to the Presidents of the European Council and the European Commission, as well

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Savory & Partners No Longer an International Marketing Agent in Saint Kitts

In a notice circulated yesterday, the Saint Kitts & Nevis CIU informs stakeholders that Savory & Partners is no longer a registered International Marketing Agent and may no longer submit applications to the country’s citizenship by investment program.

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Cyprus’ CIP Has More Agents Than All Others Combined, But Saint Kitts Has Twice as Many on Per Capita Basis

With 562 registered service providers, the Cypriot CIP has more accredited agents than all other citizenship by investment programs combined, but walk past a thousand Kittitians on the street and you’ll run into at least one licensee.

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Saint Kitts Raises Cost of Switching Between Investment Options to $25,000

Prime Minister Timothy Harris of Saint Kitts & Nevis has announced, in a circular to agents, that he is amending the rules for switching applications between the real estate investment and donation options under the country’s Citizenship by Investment Programme. Switching between options will henceforth cost US$25,000, up from the previous US$10,000. The move comes

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Saint Kitts CIU to Instate Real Estate Escrow: Payouts Contingent on Developers Actually Developing

The Saint Kitts & Nevis Citizenship by Investment Unit reports it has been consulting with developers over new regulations in a bid to prevent improper promotion and procedures related to the program’s real estate option. The developers, said the CIU, had pledged to ensure that their promotion of real estate would reflect the statutory requirements

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Caribbean Travel Awards: CBI-Development Park Hyatt Saint Kitts “Hotel of the Year” in the Caribbean

Caribbean Journal, the region’s leading publication on tourism and hospitality, has awarded Range Developments’ Park Hyatt Saint Kitts “Hotel of the Year”. Explaining its decision, Caribbean Journal says the development was a “game-changer” for the island. “When it debuted at the end of 2017, the Park Hyatt St Kitts, Park Hyatt’s first-ever Caribbean hotel, was

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Agents Offering CIP Discounts May be Blacklisted, Warns Saint Kitts CIU

The Saint Kitts & Nevis Citizenship by Investment Unit (CIU) this week issued new Terms of Engagement for the program’s international marketing agents and their subagents. The circular places new restrictions on promotional methods, the contravention of which, the CIU cautions, is punishable by immediate suspension of application submissions and blacklisting on the Unit’s website. 

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SKN Opposition Files Vote of No Confidence Against PM: “HRF Used as PM’s Slush Fund”

Leader of Saint Kitts & Nevis’ political opposition, former prime minister Dr. Denzil Douglas, has filed a vote of no confidence against current prime minister Timothy Harris over a litany of extremely serious charges, including what the opposition calls governing methods “reminiscent of a full blown dictatorship”, as well as “gross mismanagement” of the country’s

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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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Possible Fake Saint Kitts CIP Approval Letters Discovered, Agents Questioned on Discounts

In a story first reported by Caribbean News Now, that same publication claims to be in possession of “a copy of a letter purportedly sent by the Citizenship by Investment Unit (CIU) of St Kitts and Nevis to a local authorised agent. The letter states that “the application via real estate option” in a named

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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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900 Homes in St. Kitts Restored With $11.5M From Hurricane Relief Fund Says Govt.

The Saint Kitts & Nevis Citizenship by Investment Programme’s Hurricane Relief Fund (HRF) option – which closed in March after six months of operation – has funded, among other things, the restoration of some 900 homes damaged by last year’s hurricanes, according to the Kittitian government. Prime Minister Timothy Harris said his administration had so

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