The Future of Saint Kitts & Nevis CBI Programme & What You Need to Know

CBI

In March 2022, Gulf News hosted a webinar in the presence of Bluemina Citizenship and Residency represented by Mr. Bashar Daoud – Managing Partner and the Saint Kitts and Nevis Citizenship by Investment Unit (CIU) represented by its head Mr. Les Khan. The webinar was moderated by Gulf News representative, Sally Al Moussa. During her introductory remarks, Sally discussed Saint Kitts and Nevis as a primary option when looking to invest in a Second Passport, she also highlighted the fact that Bluemina is a trendsetting company in the arena of Citizenship and Residency by Investment solutions, and is an international agent for the St Kitts and Nevis CBI Program.

Mr. Daoud warmly welcomed the participants as he answered Sally’s question regarding how important it is for families to consider obtaining a second citizenship nowadays. He states that one of the most valuable benefits of a strong second passport is having the flexibility to travel to over 160 courtiers without the need to obtain a visa, as well as access to additional benefits that include business, healthcare, educational, leisure, safety, and security aspects, thus providing a priceless experience for investors and their families.

Furthermore, Mr. Les Khan explained why he recommends that viewers choose the Saint Kitts and Nevis Programme out of all the 16 different Citizenship and Residency by Investment programs offered by Bluemina, especially since the demand for the Saint Kitts program has been increasing over the years due to the fact that the process of obtaining a passport from Saint Kitts and Nevis is very transparent, reliable, fast and smooth. Mr. Khan then expressed how proud he is of the 160 visa-free countries that citizens and passport holders of St Kitts and Nevis can access; he also stressed the fact that the CIU prides itself for selecting the best agents around the world and are highly focused on maintaining strong relationships with these partners noting here that Bluemina is their leading and strongest agent in the Middle East.

Ms. Al Mousa then brought forward the topic of the various investment options inquiring about which one is the best; and Mr. Khan responded by explaining that they have plenty of options available to their clients and confirmed that Bluemina offers them all. Each client has the freedom to choose the most suitable program based on their specific needs and budget with the help of an expert advisor from Bluemina who will consult and guide them through the process. He then added that the Sustainable Growth Fund option is the most direct route to obtaining the citizenship. As for the two Real Estate options, they are driven by the need to create hotels and condominiums to support the tourism industry of Saint Kitts.

The webinar also covered information about the newly added investment option which is the Alternative Investment Option with two subcategories, this option was extended to bring any project that meets and completes the government’s budget plan. The first category is a privately funded and privately owned project by the developer, and the second category is when the project is privately funded and state owned.

After the options were explained, Mr. Khan was asked to further explain the requirements that need to be met in order to obtain the Saint Kitts and Nevis Citizenship and second passport, as well as the robust due diligence process each applicant goes through, keeping in mind that each applicant must have a clean criminal record along with some additional necessities. He also stated that the relationship between the client and the agent is highly important, and agents are required to know their clients and that the CIU are highly confident in Bluemina as their agent especially since Bluemina has only been signing contracts with the most reputable clients.

The focus then shifted to the importance that the client knows their agent just as well. Mr. Khan highlighted that he is aware of all the non-legitimate agents, specially in the Iraqi market, that pretend to sell these services without cogency, he also encouraged everyone to check the CIU website for a list and validity for all International Agents, such as Bluemina, in order to ensure all procedures are being done legitimately, accurately and as fast as possible.

Mr. Bashar also added that he is very proud of the staff at Bluemina as they thrive on offering only the best for their clients and they always choose solid and transparent programs such as the Saint Kitts and Nevis program, he also stated that this program can easily be recommended to his clients due to its authenticity. Bluemina has served more than 25 different nationalities as mentioned by Mr. Daoud, which has led the company to open and launch 10 branches around the MENA region, hiring a well-equipped staff to serve everyone from anywhere around the world regardless of their nationality or culture.  

The strong connection between Mr. Daoud and Mr. Khan was very noticeable during the webinar, and is vital in such an industry, it benefits both the agents and the clients themselves. Ms. Al Mousa then concluded the webinar by encouraging viewers to reach out to Bluemina so they can get a personalized consultation about obtaining their Powerful Second Passport and to get all the information they need to know about which program is the most recommended for them.

Watch the full Webinar here.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.