Last Updated on January 22, 2025, 12:24 PM AST by Anthony Morris
St Kitts and Nevis: Prime Minister and Minister of Citizenship and Immigration, Dr Terrance Drew led a delegation of St Kitts and Nevis in the “Future of Citizenship by Investment” dialogue in London. The discussion was held for three days from January 20 to 22, 2025 at Wilton Park in the United Kingdom.
The leaders of the five Caribbean CBI jurisdictions including Antigua and Barbuda, Dominica, Saint Lucia, St Kitts and Nevis and Grenada gathered at three-day discussion and discussed potential way of enhancing the future of the Citizenship by Investment (CBI) Programmes.
Other relevant regional and global stakeholders, academic experts and senior representatives from other governments also joined discussion and shared ideas to promote integrity and reputation of the programmes.
The three-day discussion serves as the platform to exchange dialogues on clarifying concerns of the Citizenship by Investment Programmes across the region. It is aimed at enhancing the processes of the applications and the long-term vision and role of CBI programmes in the region.
PM Drew was accompanied by Attorney General, Garth Wilkin and Calvin St Juste, Chair of the Board of Directors of the Citizenship by Investment Unit of St Kitts and Nevis.
Objectives of the Event:
The three-day discussion put major focus on the emerging concerns in the CBI industry where the regional leaders gathered to discuss the future of their respective Citizenship by Investment Programmes. It has enabled the leaders to discuss more structured ways of promoting the integrity and reputation of their programmes.
The leaders also shed light on the risks generated by CBI to the Eastern Caribbean and to its international partners and discussed their shared understanding. They also examined the role of the new regional regulator for CBI, coordinated by the Eastern Caribbean Central Bank and paid for with CBI revenues.
PM Drew also shared his ideas and disuccsed the ways of promoting the CBI Programme of St Kitts and Nevis, aiming to enhance its reputation.
Anthony Morris covers stories related to politics and regional developments. His in-depth reporting about governance and reforms makes him stand out in regional journalism, with a deep analysis of political trends and their impact on Caribbean communities.
