Daniel Brantley St. Kitts & Nevis Citizenship by Investment Update

 HURRICANE RELIEF FUND INTRODUCED

by Dia C. Forrester, Partner, dia.forrester@danielbrantley.com

26th September 2017

The Cabinet of St. Kitts and Nevis on 23rd September 2017 approved a Hurricane Relief Fund to be hosted by the Citizenship by Investment Unit until 30th March 2018.  This investment product will see a proportion of the investment going into the Hurricane Relief Fund to be distributed upon application.

Citizenship by Investment applicants will make a non-refundable which will go into the Hurricane Relief Fund.  The contribution to be made by a Single Applicant is US$150,000.00.  For a family of four, that is, a Main Applicant, Spouse and Two Dependents, the contribution is US$150,000.00.  Additional Dependents require a further contribution of US$25,000.00.  All due diligence and process fees are maintained.

The Accelerated Application Processing mechanism can be utilised to participate in the Hurricane Relief Fund investment.

International marketing agents receive a remittance of US$15,000.00 on successfully completed applications

If there are any queries regarding this update, please feel free to contact any member of the Daniel Brantley Legal Team at info@danielbrantley.com for further information.

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