GOVERNMENT, ST KITTS & NEVIS

Prime Minister Welcome

06/01/2017

The Platinum Standard

 

“The vision for St Kitts and Nevis, as the pioneer of the Platinum Standard,
is to ensure that we continue to build a more robust Programme
rooted in integrity, transparency, and accountability.”

In order to secure our leadership in the citizenship by investment space, and to ensure even greater transparency and efficiency, the Federation of St Kitts and Nevis has introduced the new Platinum Standard. To reward the longstanding trust in our Programme, we have enhanced our oversight and operational practices, and strengthened relationships with international partners and friends. We are determined that only the best candidates and projects of the highest quality are approved under our Platinum Standard Programme.

I want to assure you that my Government takes enormous pride in our Programme’s pedigree and the Citizenship by Investment Unit’s 32 years of experience. We are even more proud today that the Citizenship by Investment Unit boasts a complement of staff with more training in antimony laundering, fraud detection, and financial crime. The upgrading of the team’s skills-set and re-orientation, as well as working through carefully selected, independent due diligence firms, means that the Citizenship by Investment Unit is better placed to assess the suitability of applicants and to ensure that they are thoroughly vetted.

This is extremely important because St Kitts and Nevis wishes to attract only high-calibre applicants who subscribe to the ethos of our sustainable development agenda, and who understand our commitment to integrity and our desire to build a modern and globally respected nation. It should come as no surprise therefore, without sacrificing the strict due diligence performed, that we can now offer one of the world’s swiftest processing times – from 45 days for standard applications up to 60 days – including the processing of passports for premium clients.

Additionally, our ongoing diplomatic initiatives have garnered support from key allies with whom we share a vision for a safer and more prosperous future. In particular, we continue to work tirelessly to strengthen important relationships with our European partners, the United States of America, and Canada, with whom we have been solidifying partnerships on information-sharing. It is with the understanding of such partners and allies that the Citizenship by Investment Programme can enjoy the international recognition it receives for the transparency of its procedures and the quality of its applicant pool.

The vision for St Kitts and Nevis, as the pioneer of the Platinum Standard, is to ensure that we continue to build a more robust Programme rooted in integrity, transparency, and accountability. It is also based on a commitment to vigilance and refining investment options available to clients. Importantly, we have established a Technical Committee to evaluate the merit of each real estate project, as well as its adherence to national development standards including sound engineering and aesthetic thresholds. Also, Cabinet is exploring the addition of new investment options, such as in infrastructure development, alternative energy, and entrepreneurship. St Kitts and Nevis will work even harder to maintain trust, integrity, and its leadership in the citizenship by investment arena. To achieve this, we will focus on providing the highest level of service to all those who participate in our Programme, and, with a stronger and more responsive Unit, diplomatic network, and investment offerings, we know we are fully up to the task.

Sincerely,

 

Dr the Honourable Timothy Harris
Prime Minister of the Federation of St Kitts and Nevis