Connect with us

Regional

St. Kitts Launches Probe Into Citizenship By Investment Program

ST. KITTS & NEVIS – The Office of the Director of Public Prosecutions in St. Kitts and Nevis has announced plans to initiate a formal investigation into the administration of the Citizenship by Investment (CBI) program.

Published

on

ST. KITTS & NEVIS – The Office of the Director of Public Prosecutions in St. Kitts and Nevis has announced plans to initiate a formal investigation into the administration of the Citizenship by Investment (CBI) program. The investigation comes in response to concerns raised about the program’s administration before recent reforms.

To maintain objectivity, the DPPO plans to appoint a special prosecutor from a foreign jurisdiction to lead the inquiry, assisted by outside investigators and at least one local investigator.

The St. Kitts and Nevis CBI program offers citizenship to individuals who make substantial financial contributions or investments in government-approved real estate or development projects. The program currently requires a minimum donation of $250,000.

Comments
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

Trending