ClientReferrals, alongside the National Housing Corporation, is pleased to announce that we have been designated by the Government of St. Kitts & Nevis as an Approved Public Benefactor for the country’s Citizenship by Investment Program. You can read the official government press release here: https://ciu.gov.kn/news-press-release-ciu-collaborates-with-clientreferrals-to-deliver-over-100-affordable-homes-for-low-income-families/
In collaboration with the Government of St. Kitts & Nevis, and the National Housing Corporation, we will be developing and building affordable housing for the people of St. Kitts & Nevis, through the Public Benefit Option of the country’s Citizenship by Substantial Investment Program.
What is the Public Benefit Option (PBO)?
The Public Benefit Option is an approved investment option under the Citizenship by Substantial Investment (CBI) Act, which provides the Government of St. Kitts and Nevis with a reliable way to achieve its capital investment goals while fostering economic growth. Approved applicants contribute $250,000 to a significant project that benefits the nation, and in doing so, earn the right to citizenship in one of the Caribbean’s most stable and prosperous nations.
This $250,000 contribution includes the applicant’s own $25,000 Government Processing Fee, making the PBO a cost-effective CBI strategy for many applicants.
How are the contributions being used?
After an applicant’s approval, they will be required to transfer the required contribution directly to the Government of St. Kitts and Nevis. Through the National Housing Corporation (NHC), a statutory organization which was created by an Act of Parliament in 1997, affordable housing will be built for the people of St. Kitts & Nevis.
Funds raised through the PBO will go directly to projects aimed at:
- funding the development of new homes in the country;
- funding NHC-financed homes, allowing more flexible mortgage terms for citizens; and
- supporting housing assistance for citizens, enabling broader affordability and access to home ownership.
Why should my clients apply for the St. Kitts & Nevis CBI?
St. Kitts & Nevis is a pioneer in the field of investment migration and Citizenship by Investment, having first introduced their program in 1984. It is not only the oldest program, but also a leader in the field, having recently been awarded the Best Citizenship Program by the CBI Index.
The Citizenship by Investment Program offers numerous benefits:
- Fastest processing amongst the Caribbean Citizenship by Investment Programs
- Simple documentation and application process
- Children up to the age of 25 and parents over the age of 55 can be included as dependents
- Acquiring a second nationality may be a Plan B, part of an asset relocation strategy, or something applicants may wish to pass on to their future generations.
How can I offer the PBO to my clients?
ClientReferrals is one of the leading Licensed Agents and Service Providers in the Caribbean Citizenship by Investment industry. Unlike other players, we work exclusively as B2B service providers – we don’t market or solicit clients directly. Instead we focus on serving our network of partners and developing new products, so that you have the tools and information you need to serve your clients and grow this side of your business.
Step 1: The applicant signs the Purchase Agreement, and a Public Benefit Unit (PBU) is reserved for him;
Step 2: The application will be prepared, and submitted to the Citizenship by Investment Unit;
Step 3: Upon receiving the approval-in-principle from the CIU, the applicant will pay USD250,000 to the Government; and
Step 4: The applicant and dependent family members will become citizens of St. Kitts & Nevis.
If you would like more details about how the PBO works and how we can work together, please contact us.
