KUALA LUMPUR, Sept 20 (Bernama) -- St Kitts and Nevis has been recognised as the best CBI destination in the 2023 edition of the CBI Index, trumping 11 other countries with active citizenship by investment (CBI) programmes.
Head of the St Kitts and Nevis Citizenship by Investment Unit, Michael Martin said: “This recognition by the CBI Index is another confirmation of why St Kitts and Nevis should be the first choice for any global investor.
“For four decades we have crafted solid, innovative and sustainable investment solutions, giving investors the confidence to attain their goals in the global arena.”
The country, which has made several sweeping changes to its CBI programme in the last year, took top honours, scoring 77 points in a race between nations such as Dominica, Saint Lucia, Grenada, Antigua & Barbuda, Malta, Vanuatu, Turkey, Egypt, Austria, Cambodia and Jordan.
The 2023 CBI Index noted that St Kitts and Nevis has been the most proactive CBI nation in the Caribbean when it comes to responding to security concerns raised by Western nations, according to a statement.
Now in its seventh year, the CBI Index utilises its established nine-pillar index architecture to provide investors with a data-driven framework with which to measure the performance and appeal of global CBI programmes.
The nine pillars are Standard of Living, Freedom of Movement, Minimum Investment Outlay, Mandatory Travel or Residence, Citizenship Timeline, Ease of Processing, Due Diligence, Family and Certainty of Product.
Scored full marks in Mandatory Travel or Residence, Ease of Processing, Due Diligence and Certainty of Product pillars, St Kitts and Nevis has shown the most commitment to upholding the integrity and reputation of its CBI programme.
The CBI Index stands as one of the most recognised and reputable rating tools in the investment migration industry and has a reputation for providing valuable industry insights and knowledge.
-- BERNAMA
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