Saint Kitts and Nevis takes first place in FT’s CBI 2021 index

Saint Kitts and Nevis takes first place in FT’s CBI 2021 index

Saint Kitts and Nevis’ Citizenship by Investment program was named world number one in the CBI 2021 index. This recent achievement has made it the leader of the “economic citizenship industry”.

The CBI Index is published annually by PWM Magazine, a publication of the Financial Times. The report also crowned Saint Kitts and Nevis as the fastest CBI under the Sustainable Growth Fund (SGF)

click here to see the CBI-2021 index

The CBI Index Report examined the CBI based on its work and service in the citizenship industry. The rating was assigned in nine pillars or factors. Saint Kitts and Nevis also shares its position with the neighboring Commonwealth of Dominica.

Saint Kitts and Nevis’ score in the nine pillars is as follows:

Freedom of movement – 7/10
Standard of living – 6/10
Minimum investment expenditure – 10/10
Travel or residence required – 10/10
Citizenship timeline – 9/10
Ease of processing – 10/10
Due Diligence – 7/10
Family – 9/10
Product certainty – 10/10

Saint Kitts and Nevis, alongside Dominica, secured the top spot, leaving 12 others behind. Saint Kitts and Nevis was the first nation to implement the Global Citizenship by Investment program in the 1980s.

Sustainable Growth Fund (SGF)

The SGF was introduced by the Prime Minister of Saint Kitts and Nevis, Dr Timothy Harris, in 2018. The SGF is the most affordable, direct and secure route to a second citizenship.

The CBI 2021 Index report said the Sustainable Growth Fund (SGF) is the fastest route to getting the country’s second citizenship. All applicants, after paying a premium, can benefit from faster processing which takes only 60 days, and in some cases only 45 days of processing.

Within the framework of the SGF, a single applicant must make a minimum donation of – US $ 150,000. This option is also interesting for families who if there are four people in a family (excluding brothers and sisters), as part of the exclusive offer, a family of four can obtain nationality under the SGF for the same cost only one applicant.

Expedited processing of requests

Expedited Processing of Applications (APA) has been the backbone of the CBI program which has helped to achieve the current position. Within 60 days, AAP expedites the processing of all requests, while in some cases it only takes 45 days to complete the process.

Those who don’t want to pay the premium facility can take advantage of standard processing, which only takes 90 days to process claims.

click here to see the CBI-2021 index

Benefits of the Saint Kitts and Nevis Citizenship by Investment Program

The list of advantages / benefits of the Saint Kitts and Nevis Citizenship by Investment Program is extensive, which provides the opportunity to share citizenship with future generations, lifelong citizenship with the right to live and work in country, visa-free and visa-on-arrival travel to over 150 countries and territories around the world.

Saint Kitts and Nevis takes first place in FT's CBI 2021 index
Saint Kitts and Nevis takes first place in FT’s CBI 2021 index

There are no such travel and residency requirements to obtain the Saint Kitts and Nevis CBI.

Application process –
This includes the seven main stages such as –
Contact a citizenship agent by investment
Fill in the request form
Submission of the citizenship application
Processing of applications by the – Citizenship by Investment Unit and internal and external due diligence controls
Approval in principle
Contribution to – SGF Sustainable Growth Fund or investment in pre-approved real estate, private residence or alternative investment option,
6. Citizenship certificate issued
7. Passport application.

click here to see the CBI-2021 index

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