Financial Crime World

Due Diligence Procedures in Saint Kitts and Nevis Praised as “Reliable” and “First-Class”

A Model of Excellence in Citizenship by Investment Programmes

The Citizenship by Investment Programme of Saint Kitts and Nevis has been recognized by industry leaders as a shining example of a reliable and first-class programme, thanks to its rigorous and strict due diligence procedures. The Citizenship by Investment Unit (CIU) employs best practices in the process, earning high praise from professionals in the field.

Key Reforms Strengthen Programme

Reforms implemented under the Team Unity Government have further solidified the strength and stability of the country’s programme, which is the longest-running CBI programme globally. Some key reforms include:

  • The introduction of a 24/7 case management system, allowing for real-time monitoring of CBI applications
  • Increased partnerships with friendly governments

Industry Experts Hail Saint Kitts and Nevis’ Due Diligence Procedures as Exemplary

Industry experts have hailed Saint Kitts and Nevis’ due diligence procedures as exemplary, citing the country’s exhaustive checks on applicants as a crucial factor in ensuring programme success and longevity. Mr. Heyrick Bond Gunning, CEO of S-RM, a global due diligence firm, praised the country’s approach, stating that such thorough due diligence should be a standard for all CBI programmes aspiring to achieve long-term viability.

A Robust Due Diligence Programme

The Saint Kitts and Nevis’ CBI programme stands out from others, boasting a robust and strong due diligence programme that adheres to best practices and achieves a Platinum level standard. The country’s Programme received a perfect score in the global CBI Index 2018 published by Financial Times’ Professional Wealth Management Magazine for its exceptional due diligence procedures.

Conclusion

Saint Kitts and Nevis’ Citizenship by Investment Programme has set a high bar for other programmes to follow, demonstrating that thorough due diligence is essential for long-term viability. The country’s commitment to excellence in this area has earned it recognition as a reliable and first-class programme, making it an attractive option for individuals seeking citizenship through investment.