The Cable

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St Kitts and Nevis (WINN): The government is announcing plans to offer a residency option to the country's Citizenship By Investment Program and promises that details will be forthcoming in two weeks time.

A press release credits CEO of the Citizenship by Investment Unit Les Khan as making the announcement at a conference in Singapore on June 30.

He reportedly said St Kitts and Nevis can offer a residency program without changing any laws.

Mr. Khan is also reported as saying that economic citizens have expressed a demand to be registered as residents here.

Prime Minister Dr. Timothy Harris is quoted in the press release as saying the move makes sense as offering a residency program would meet a specific customer need, stimulate tourism and offer developers another avenue for marketing their projects.

 

Clive Bacchus
Author: Clive BacchusEmail: This email address is being protected from spambots. You need JavaScript enabled to view it.
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