{"id":21746,"date":"2018-11-16T00:25:47","date_gmt":"2018-11-16T04:25:47","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=21746"},"modified":"2018-11-16T00:25:49","modified_gmt":"2018-11-16T04:25:49","slug":"st-kitts-nevis-records-highest-number-of-cbi-applications-in-2018","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/st-kitts-nevis-records-highest-number-of-cbi-applications-in-2018\/","title":{"rendered":"St Kitts Nevis records highest number of CBI applications in 2018"},"content":{"rendered":"
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St Kitts Nevis has recorded a significant increase in applications under the Citizenship by Investment (CBI) for this year.<\/p>

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This has been attributed to  the strengthening and rebranding of CBI in 2016 \u2013 by making it the platinum standard , in turn, \u201cthis has led to a significant increase in applications to the country\u2019s CBI programme, solidifying it as number one worldwide.\u201d<\/p>\n\n\n\n

\"\"<\/a><\/figure><\/div>\n\n\n\n

During the CBI programme on Wednesday, Les Khan, CEO of the Citizen by Investment Unit (CIU), said that the programme has gone through several significant changes, which have generated positive attention over the last couple of years.<\/p>

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\u201cIt is most important to recognize that the number of applications has increased tremendously from the last three or four years. In 2018, we have had more applications in total, than over the last four years,\u201d said the CEO.<\/p>

\"\"<\/a><\/div>\n\n\n\n

He added that both the Real Estate and Sustainable Growth Fund (SGF) investment options continue to improve.<\/p>\n\n\n\n

Prime Minister Dr. Timothy Harris launched the Sustainable Growth Fund (SGF) investment option during a function   in Dubai earlier this year. <\/p>

\"\"<\/a><\/div>\n\n\n\n

Under this new investment option, a single applicant will be required to make a contribution of US $150,000, inclusive of Government fees whereas the contribution for a family of up to four members will be US $195,000.<\/p>\n\n\n\n

\u201cWe will continue to see success in our real estate market and in the Sustainable Growth Fund,\u201d said Khan, noting that the CIU continues to see an \u201cincrease in volume going forward and we intend to see an increase in volume on the real estate side.\u201d<\/p>

\"\"<\/a><\/div>\n\n\n\n

The minimum real estate investment required by law is US$200,000 (resalable after 7 years) or US$400,000 (resalable after 5 years) for each main applicant. <\/p>

\"\"<\/a><\/div>\n\n\n\n

St. Kitts & Nevis is ranked number one in the Caribbean for its Citizenship by Investment (CBI) programme in the 2018 Passport Index<\/em>, released on January 18, by leading international CBI firm, Henley & Partners.<\/p>\n

\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

St Kitts Nevis has recorded a significant increase in applications under the Citizenship by Investment (CBI) for this year. This has been attributed to  the strengthening and rebranding of CBI in 2016 \u2013 by making it the platinum standard , in turn, \u201cthis has led to a significant increase in applications to the country\u2019s CBI programme, […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-21746","post","type-post","status-publish","format-standard","hentry","category-regional"],"yoast_head":"\nSt Kitts Nevis records highest number of CBI applications in 2018 - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/st-kitts-nevis-records-highest-number-of-cbi-applications-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"St Kitts Nevis records highest number of CBI applications in 2018\" \/>\n<meta property=\"og:description\" content=\"St Kitts Nevis has recorded a significant increase in applications under the Citizenship by Investment (CBI) for this year. 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