BASSETERRE, ST. KITTS, NOVEMBER 10TH 2014 (CUOPM) – The St. Kitts and Nevis Citizenship By Investment Programme has established a rather solid reputation and ongoing adjustments will allow it to maintain high due diligence standards and the support of public sector partners around the world.
“And so it has been in great demand. Because we are committed to attracting only the most discerning of applicants: our Government knows that this is best – both for our country, and for our country’s new citizens as well,” said St. Kitts and Nevis’ Prime Minister the Rt. Hon. Dr. Denzil L. Douglas during a St. Kitts and Nevis Citizenship by Investment presentation in Vietnam on Saturday.
Dr. Douglas further pointed out that an important component of the Government’s protection of the Citizenship by Investment Programme is the ongoing communication with service providers, developers, and leading public sector partners worldwide.
“Vigilance is key. And ongoing adjustments to our programme have been priorities of ours in order to maintain high due diligence standards, and in order to maintain the support of public sector partners around the world,” said Dr. Douglas, who added that his Government welcomed a recent U.S. Treasury Department’s advisory regarding the possible misuse of Citizenship by Investment Programme by some, and promptly moved to engage the broadest possible range of stakeholders – both domestic and international, including the U. S. Department of Treasury itself, to insulate the programme from these players.
“Where citizenship by investment programmes are concerned, stable, well-managed members of the world community simply must work together to ensure that the highest standards of due diligence and cooperation are met. Focus and discipline have produced levels of economic growth in St. Kitts and Nevis that exceed that of both our neighbours as well as leading nations farther away. And this upward trajectory both our own analysts, as well as the analysts of impartial international financial institutions, project will continue,” said Dr. Douglas, who was accompanied by St. Kitts and Nevis’ High Commissioner to the United Kingdom, His Excellency Dr. Kevin M. Isaac and several developers and investors pursuing projects on St. Kitts and Nevis.
He added: “Key to this upward movement is our well-managed, carefully monitored, and highly selective Citizenship by Investment Programme. And my Government has ensured that all protective triggers and safeguards are securely in place, and under careful review. Standards and strict adherence to these standards is what has enabled St. Kitts and Nevis to maintain a social and economic steady in a harsh, unpredictable global environment.”
According to Prime Minister Douglas standards and adherence will ensure that the St. Kitts and Nevis Citizenship by Investment Programme continues to meet both the needs of its citizens who were born in our Federation and those who become citizens by way of the Citizenship by Investment Programme.
“The St. Kitts and Nevis Citizenship by Investment Programme is equipped, via a number of means, to answer any questions you may have about our country, in general, and the program, in particular, and I invite you to learn more about this programme that our Government has so carefully and meticulously built,” said Prime Minister Douglas.