Saint Kitts & Nevis’ Hurricane Relief Fund Lauded A Great Initiative
Following last year’s most recent destructive hurricanes that swept through America and much of the Caribbean including the tiny island nation of Saint Kitts and Nevis, countries affected have been slowly yet steadily getting back up on their feet. Recovery and rehabilitation efforts are still underway, and there’s a lot more work to be done, though progress has been definitely heartening. However, the cost of re-building such nations can be pricey, which is why they’ve creatively introduced the Hurricane Relief Fund as part of their citizenship program. Instead of merely investing in real estate to obtain residency and citizenship rights within the country, interested applicants will now be able to lend a helping hand, investing in a worthy cause with their citizenship by investment application process.
Whilst Saint Kitts & Nevis has always encouraged foreigners to invest in their economic growth and seek a second passport within the country since the introduction of the CBI program in 1984, they’re now aiming to encourage the same in the hopes of building the nation much more efficiently and effectively. On that note, here’s a closer look at the topic.
- The Hurricane Relief Fund was most recently praised generously by the country’s Prime Minister, Timothy Harris. He went onto state that the initiative was a necessary and innovative one, as foreign funds are being better directed towards the country’s needs. Foreign investors are able to secure their CBI by making a non-refundable donation of $150,000 for a family of four.
- CEO of the CBI unit for Saint Kitts& Nevis Les Khan, is currently making the rounds in the UAE promoting the new fund program amongst immigration agents. This helps spread the word and raise awareness about a very important cause, whilst also ensuring people better anticipate and prepare for hurricane season. For applicants, this means appropriate measures are being taken to safeguard and protect the very environment they want to be an active part of.
- The Hurricane Relief Fund as part of the Saint Kitts & Nevis citizenship by investment program, will be active until March 2018, so if you’re looking to submit your applications, book a consultation with us soon.