LONDON - 01/04/2019 (PRDistribution.com)
The success of St Kitts and Nevis’ Sustainable Growth Fund launched last year is proof of the nation’s innovative approach to citizenship by investment (CBI). As 2019 commences, the SGF maintains its status as a premium product, offering clients a fast, effective, and rewarding route into global citizenship.
CBI as a method of enhancing business prospects, protecting oneself and one’s family, and increasing global mobility, has become increasingly attractive over the past few years. Leading this momentum is St Kitts and Nevis, a country repeatedly recognised in the industry as operating the World’s Most Innovative CBI Programme. The nation recently proved itself worthy of this title when it launched the Sustainable Growth Fund (SGF), an investment option uniquely tailored to applicant’s needs like few before it. In addition to the extensive visa-free travel and friendly business environment St Kitts and Nevis citizens can access, applicants can now benefit from the enhanced choice, speed, integrity, and community engagement offered by the fund.
CHOICE is one of the SGF’s main attractions. The investment level is more affordable for both single applicants and those with dependants. By extending the range of products available, the fund therefore provides another option for aspiring economic citizens. Applicants also have flexibility in deciding who manages their application. All applications must be submitted via an authorised agent, and applicants are free to select any authorised agent or service provider they wish. The list can be found on the Citizenship by Investment Unit (CIU) official website.
SPEED is another advantage. The processing time is a maximum of three months, and frequently faster. Many applicants receive approval within eight to ten weeks of submitting their application. St Kitts and Nevis’ ability to offer such an efficient service is the result of the Programme’s long-standing expertise, national and international resources, and understanding of applicant’s needs. Indeed, applicants’ desire for speed was crucial to the development of the SGF. For example, the fund entails a one-time payment only, with no additional contracts, financial intermediaries, or financial or physical requirements. An even faster service is available via the Accelerated Application Process (AAP). St Kitts and Nevis is currently the only CBI jurisdiction in the world to offer such a service. The AAP enables applicants to be approved within 60 days, often within four to six weeks.
The INTEGRITY of the Programme – and thus the SGF – is a factor of great significance to prospective applicants. Given the importance of personal reputation to one’s business and career, it is seen as essential that a CBI Programme takes active steps to protect and safeguard participants’ reputations. St Kitts and Nevis’ decades of experience in the industry, unparalleled by any other nation, has brought confidence and honour to the Programme. The SGF itself is evidence of this: no other jurisdiction has yet brought out such a modern investment option which so reliably and consistently protects applicants’ interests. One authorised agent, CS Global Partners, has received feedback from clients praising the Programme’s integrity: “St Kitts and Nevis sees the importance of international co-operation and respect. Under this Programme I and my family feel safe.”
Finally, COMMUNITY ENGAGEMENT is a benefit unique to the SGF. As may be expected – given the name –, all monies invested into the fund are put towards achieving sustainable growth across the nation. From developing better education, for example through the new state-of-the-art Basseterre High School, to creating jobs in the construction, air-travel, and tourism sectors, e.g. via house renovation, airport development, and the 2nd pier at Port Zante, people who choose to invest in the SGF fund option are able to give something back to their future communities. They can invest in theirs and their families’ futures, and feel at home in their adoptive countries more quickly. Community engagement has become increasingly important to applicants in the last few years. Thus, St Kitts and Nevis’ recognition of this underlines its modern approach.
As more CBI programmes are launched and applicants become savvier, it is no surprise that St Kitts and Nevis’ innovative SGF continues to dominate market interest at the start of the new year.