CaribPR Wire

CARIBPR WIRE, Basseterre, St. Kitts, June 29, 2023: International investors have been clamouring to take advantage of one of the best deals in the investment migration industry this year – St Kitts and Nevis’ Sustainable Growth Fund (SGF) Limited Time Offer (LTO) which allows investors to gain approval for alternative citizenship in the country in as little as 60 days for a reduced fee.

In December 2022, the St Kitts and Nevis Head of the Citizenship by Investment Unit (CIU), Michael Martin, announced the enactment of the updated St Kitts and Nevis Citizenship by Investment Regulations 2023, which included the introduction of the LTO for the SGF investment option effective 1 January 2023 – 30 June 2023.

On 29 June 2023, Michael Martin made the following comment regarding the LTO:

“We have received an overwhelming response and demand for our Sustainable Growth Fund investment option through the Limited Time Offer and felt that we had to extend the offering for another seven months until 31 January 2024. International investors continue to see the value of the world’s first and finest Citizenship by Investment Programme and this proves it”.

The SGF remains the quickest and easiest route to alternative citizenship in St Kitts and Nevis and now until 31 January 2024, a main applicant can acquire alternative citizenship by contributing only US$125,000 to the SGF and receiving approval in principle within 60 days of acknowledgement by the CIU of submission of their application.

Under the LTO, the minimum SGF contributions are as follows:

• Single applicant – US$ 125,000
• Main applicant and a spouse – US$150,000

• Main applicant and up to three dependants – US$170,000
• Each additional dependant under 18 – US$10,000
• Each additional dependant over 18 – US$25,000

Revenue from the SGF has facilitated economic development and social upliftment in the country. The SGF is used to provide financial support to educational institutions, and medical facilities, as well as support infrastructural development, increase tourism, preserve local culture and heritage and support sustainable growth initiatives in the twin-island nation.

Discerning investors are seeing the benefits of being part of St Kitts and Nevis’ success story. Following upgrades to the CBI Regulations, the country now offers one of the most secure and best-regulated investment migration offerings in the world.

This means that international investors looking to hedge their bets in a stable and growing economy should look no further than St Kitts and Nevis.

This extension is a fantastic opportunity for investors to obtain citizenship through the LTO. This is a final extension and from 1 February 2024, the minimum SGF contribution will increase to the amounts prior to the LTO period.

The country is making sure that it has only the best to offer international entrepreneurs and families who have realised that global powerhouses are no longer illustrious investment options due to security risks. Investors want to ensure that they can safeguard their families and wealth in a global economy that has been offering nothing but uncertainty since the onset of the COVID-19 pandemic in 2020.

Smaller governments such as that of St Kitts and Nevis have found ways, through CBI, to protect themselves from global shocks, offer favourable business policies aimed at growing corporations in international markets and, by using international funds channelled to the SGF, can diversify and grow their economy to meet global needs.

St Kitts and Nevis continues to create a name for itself as a financial nexus in the Caribbean with an attractive CBI programme underpinned by a sound legal framework and robust multi-layered due diligence.

For nearly 40 years, St Kitts and Nevis has been the pioneer of the global investor immigration industry and those who recognise this are taking advantage of the LTO.

St Kitts and Nevis continues to create a name for itself as a financial nexus in the Caribbean with an attractive CBI programme underpinned by a sound legal framework and robust multi-layered due diligence.

For nearly 40 years, St Kitts and Nevis has been the pioneer of the global investor immigration industry and those who recognise this are taking advantage of the LTO.

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PM’s remarks draw on matters of Caribbean-U.S. mutual concern, highlighting stringent passport and security measures, and lucrative trade

and investment opportunities

WASHINGTON, Dec. 4, 2015 /PRNewswire-HISPANIC PR WIRE/ — During a Washington reception on December 3, the Prime Minister of St. Kitts and Nevis announced the suspension of Syrians from attaining dual nationality via the islands’ citizenship by investment program. Exclusion for second citizenship eligibility will hold, the Prime Minister noted, until further federal vetting processes can be completed.

The statement, first issued in St. Kitts and Nevis last week, comes in the wake of ongoing reports of counterfeit Syrian passports flooding the international black market. St. Kitts and Nevis’s exclusion additionally follows the government’s recall in 2013, barring Iranian citizens from its program due to security concerns.

“As the pioneer country in developing a second citizenship by investment program, we are proud that St. Kitts and Nevis established a standard for the highest due diligence in processing applicants, while developing an integral investment platform and helping the island’s economy,” Hon. Prime Minister Timothy Harris said. “These are hallmarks that have set St. Kitts and Nevis onto the international stage as one of the most lucrative and appealing locations to attain second citizenship by investment.”

St. Kitts and Nevis, alongside economic citizenship offerings in Dominica and Grenada, have emplaced rigorous screening processes in establishing application protocol. The security of a country’s borders remains top priority—standards the St. Kitts and Nevis government holds to highest standard to ensure integrity of its citizenship by investment programs, and opportunities for collaboration with its regional and international partners.

“Today’s perilous times call for heightened security measures—both from government bodies and the global citizen,” said Lanny Davis, executive vice president at LEVICK Communications and former White House counsel.

Speaking at the reception, Prime Minister Harris joined diplomatic representatives and Caribbean leaders in highlighting avenues for joint partnerships between the island nations and the U.S. Ongoing since the 2000 Caribbean Basin Trade Partnership Act, the Caribbean nations remain poised to continue expanding and diversifying their trade offerings, drawing interest from the U.S. market for foreign investment into the islands’ economies.

“Dual nationality is, simply, the 21^st century’s insurance policy,” said Micha Emmett, the global managing director and legal advisor of UK-based citizenship solutions firm CS Global Partners. “From visa-free or -upon arrival options for 131 countries to the tranquil experience at the heart of the Caribbean existence, investing in St. Kitts and Nevis, Dominica or Grenada grants tremendous benefits while, in turn, supporting the economic developments of each respective island nation. At the heel of the recent events in Mali, Nigeria, Paris, Ankara, and Beirut, a second citizenship from a Caribbean island provides indispensable access to a safe haven, while opening substantial business possibilities.”

St. Kitts and Nevis, Dominica and Grenada present various real estate and diversification investment offerings, from a $100,000 contribution to Dominica’s Economic Diversification Fund; to $200,000 donation to Grenada’s National Transformation Fund; and a $250,000 minimum investment to the St. Kitts and Nevis Sugar Fund Diversification. For more information, please visit: www.csglobalpartners.com.

About CS Global Partners
CS Global Partners is an international, industry-leading, legal advisory firm specializing in citizenship and residence solutions. Our business was born out of a desire to deliver efficient and effective solutions for businesspersons and high net-worth individuals looking to safeguard their future and that of their families. With a global physical presence, counting nine offices across the world and an expert multi-lingual team fluent in over eleven languages, we are always available to provide tailored guidance and advice. CS Global Partners’ strong reputation for expertise and integrity has also allowed us to establish a government advisory practice, making us the consultants of choice of countries offering the world’s most sought-after citizenship and residence programs. For more information, please visit: www.csglobalpartners.com.

CONTACT: Olga DeMetri, [email protected], +1-202-973-1329 office

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SAN JUAN, Puerto Rico, Aug. 18, 2014 /PRNewswire/ — Now, it will be easier than ever to make your dream of traveling the Caribbean come true. Seaborne Airlines, the fastest growing airline in the Caribbean, announced that they will be launching the “Fly Anywhere you like for as many times as you like” promotion for $699*.  This promotion offers a customer the option to book as many trips as they like, to travel as often as they like, between September 3^rd, 2014 and November 17^th, 2014. To take advantage of this unprecedented offer, customers must call Reservations to book or to even buy the offer for another individual as a sweet gift **.

“We wanted to give our customers an excuse to see the beauty of the Caribbean by taking multiple trips for one low price.  With just two trips, this can pay for itself.  Whether to sightsee or visit friends and relatives, we hope that many will experience Seaborne’s exemplary service under this promotion.” said Gary D. Foss, president and chief executive officer of Seaborne Airlines.

Reservations can be made by calling: 1-866-359-8784 or 787-946-7800.

With service to 15 airports throughout the Caribbean; connecting service to American, Jet Blue and Delta at San Juan, Puerto Rico; two pilots on every flight; a flight attendant on our new Saab 340 aircraft and the outstanding dependability, Seaborne is becoming the preferred regional airline in the Caribbean.

*Taxes / fees still apply per booking. Certain conditions and restrictions may apply. Passenger cannot have more than two (2) outstanding reservations at a time.

** Must have passport information for international bookings.

About Seaborne Airlines
Seaborne Airlines has been operating in the Caribbean for over 21 years, carrying over two and a half million customers safely.  Seaborne operates over 2,100 monthly departures throughout the Caribbean to San Juan, St. Thomas, St. Thomas Seaplane, St. Croix, St. Croix Seaplane, Dominica, Fort de France, Martinique, Point a Pitre, Guadeloupe, La Romana, DR, Punta Cana, DR, Santo Domingo, DR, St. Maarten, St. Kitts and Nevis.

CONTACT: Sandra Colon Perez, [email protected], +1-866-359-8784 or +1-787-946-7800

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LANDOVER, Md., June 5, 2011 /PRNewswire/ — The Khaled bin Sultan Living Oceans Foundation will collaborate with the Federation of St Kitts and Nevis and The Nature Conservancy during the second research project of a multi-year Global Reef Expedition, an unprecedented world-wide study of the health and resilience of coral reef environments.  Research in St. Kitts and Nevis will take place from June 3-13, 2011.

Under the banner of Science Without Borders®, the ambitious Global Reef Expedition is being outfitted, equipped and financed by the Khaled bin Sultan Living Oceans Foundation, which is headquartered in the Washington DC suburb of Landover, Maryland.  The Living Oceans Foundation has built a core expertise around coral reef research, conservation, and restoration activities.  

 The ten day research expedition in the waters surrounding St. Kitts and Nevis will use the highly equipped, specially outfitted 220 foot research vessel, Golden Shadow, as a research platform.

Captain Phillip Renaud, USN (ret), the Foundation’s Executive Director, noted that coral reefs are one of the most diverse ecosystems on our planet and rival tropical rain forests for the sheer number of species they support. The health of coral reefs worldwide serves as a bellwether for the overall health of our planet.

Andrew Bruckner, Ph.D., the Foundation’s Chief Scientist, said the scientific objectives of the St. Kitts and Nevis research are three-fold:  the validation of marine habitat maps by verifying the distribution and location of the shallow marine habitats; understanding the species composition of these marine habitats; and characterizing the community structure, health, and resilience of associated coral reef ecosystems.

Founder of the Living Oceans Foundation, Saudi Arabia Prince Khaled bin Sultan said “It is not always clear to the casual observer that ocean health is in serious trouble. But it is. If we do not take aggressive steps to care for our oceans now, our inaction will have dire consequences for the future. Our children and grandchildren will certainly suffer the consequences. Over the past 50 years, 20 per cent of coral reefs worldwide have died. It is conceivable that over the course of one human lifetime more than half of coral reefs worldwide will no longer exist.”  The good news, Prince Khaled said, is that it is not too late to reverse the decline in ocean health. He stressed that “we must raise public awareness about the coral reef crisis and educate people about the solutions.”

 The international launch of the Global Reef Expedition took place in the Cay Sal Bank area of The Bahamas April 26 to May 18.

 The Nature Conservancy is collaborating with the Khaled bin Sultan Living Oceans Foundation on the St. Kitts and Nevis mission including the identification of local scientific personnel to be part of the research team involving other scientists from around the world.

Philip Kramer, Director of the Caribbean Program, The Nature Conservancy (TNC) said,” We are thrilled that the Living Oceans Foundation is using the Caribbean region to launch their Global Reef Expedition. Coral reefs are vital to the livelihoods and economy of the Caribbean region yet there remain large gaps in our understanding of the extent and condition of this important resource.  Research expeditions such as those undertaken by the Living Oceans Foundation are greatly needed to develop comprehensive baselines and increase our understanding about impacts associated with climate change and invasive species. The survey results will be used to inform new approaches to ecosystem-based fisheries management and expanding marine protected areas in several countries under the Caribbean Challenge initiative.”

Ruth Blyther, TNC’s Eastern Caribbean Representative, added, “The Nature Conservancy is pleased to collaborate with the Living Oceans Foundation to support this first-ever comprehensive assessment of the coral reefs of St. Kitts and Nevis carried out at the request of Government.  This research builds on recent work coordinated with local fishers to map the values of their fishing areas for various fisheries and the ongoing efforts for national multiple use marine zoning. The marine environment is vitally important to the people and economy of St. Kitts and Nevis. The work of the Living Oceans Foundation’s Global Reef Expedition will contribute valuable information for its sustainable management.”

 Several outreach and educational programs are also planned by the Living Oceans Foundation while it is in St. Kitts.On June 3rd, a one day workshop will be held for local researchers which will provide them with valuable experience in advanced coral reef survey techniques.

• One day during the Expedition, a group of local fishermen and other stakeholders will meet with the scientists aboard the Golden Shadow to share perspectives and experiences.
• An outreach cruise for school groups and other invited guests has been scheduled for June 13th at the conclusion of the research.

“We are just beginning to understand how important ocean health is to human health and to the wellbeing of our entire planet” said Captain Renaud. “The challenge ahead is to muster the political will and harness international resources to stop and reverse the momentum of ocean degradation. Our outreach programs which we will undertake in every country where we conduct research have been purposely designed to reach out to the broadest cross section of individuals and groups who can facilitate awareness and positive change.”

The Global Reef Expedition will conduct research by invitation only and the Khaled bin Sultan Living Oceans Foundation is grateful for the support and interest received from governments of sovereign countries around the world. The Global Reef Expedition will travel east to west from the Caribbean to the Pacific Ocean then on to the Indian Ocean and Red Sea.

About Khaled bin Sultan Living Oceans Foundation

 The Khaled bin Sultan Living Oceans Foundation, founded by HRH Prince General Khaled bin Sultan, was incorporated in California as a 501(c)(3), public benefit, Private Operating Foundation in September 2000. Headquartered in Washington DC, the Living Oceans Foundation is dedicated to the conservation and restoration of living oceans and pledges to champion their preservation through research, education, and a commitment to Science Without Borders®.

 Science Without Borders® is the overarching theme of the Foundation, where scientists come together from different countries to solve a common problem — the threats to the world’s coral reefs.  Science Without Borders® is registered to the Foundation for financial sponsorship of marine conservation programs and scientific research and to promote public awareness of the need to preserve, protect and restore the world’s oceans and aquatic resources.

 For more information, visit http://www.livingoceansfoundation.org, or http://www.globalreefexpedition.com

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