PM's remarks draw on
matters of Caribbean-U.S. mutual concern, highlighting stringent
passport and security measures, and lucrative trade and investment
opportunities
WASHINGTON-- During a Washington reception on
December 3, the Prime Minister of St. Kitts and Nevis announced the
suspension of Syrians from attaining dual nationality via the islands'
citizenship by investment program. Exclusion for second citizenship
eligibility will hold, the Prime Minister noted, until further federal
vetting processes can be completed.
The statement, first
issued in St. Kitts and Nevis last week, comes in the wake of ongoing
reports of counterfeit Syrian passports flooding the international black
market. St. Kitts and Nevis's exclusion additionally follows the
government's recall in 2013, barring Iranian citizens from its program
due to security concerns.
"As the pioneer country
in developing a second citizenship by investment program, we are proud
that St. Kitts and Nevis established a standard for the highest due
diligence in processing applicants, while developing an integral
investment platform and helping the island's economy," Hon. Prime
Minister Timothy Harris said. "These are hallmarks that have set St.
Kitts and Nevis onto the international stage as one of the most
lucrative and appealing locations to attain second citizenship by
investment."
St. Kitts and Nevis,
alongside economic citizenship offerings in Dominica and Grenada, have
emplaced rigorous screening processes in establishing application
protocol. The security of a country's borders remains top
priority-standards the St. Kitts and Nevis government holds to highest
standard to ensure integrity of its citizenship by investment programs,
and opportunities for collaboration with its regional and international
partners.
"Today's perilous times
call for heightened security measures-both from government bodies and
the global citizen," said Lanny Davis, executive vice president at
LEVICK Communications and former White House counsel.
Speaking at the
reception, Prime Minister Harris joined diplomatic representatives and
Caribbean leaders in highlighting avenues for joint partnerships between
the island nations and the U.S. Ongoing since the 2000 Caribbean Basin
Trade Partnership Act, the Caribbean nations remain poised to continue
expanding and diversifying their trade offerings, drawing interest from
the U.S. market for foreign investment into the islands' economies.
"Dual nationality is,
simply, the 21st century's insurance policy," said Micha Emmett, the
global managing director and legal advisor of UK-based citizenship
solutions firm CS Global Partners. "From visa-free or -upon arrival
options for 131 countries to the tranquil experience at the heart of the
Caribbean existence, investing in St. Kitts and Nevis, Dominica or
Grenada grants tremendous benefits while, in turn, supporting the
economic developments of each respective island nation. At the heel of
the recent events in Mali, Nigeria, Paris, Ankara, and Beirut, a second
citizenship from a Caribbean island provides indispensable access to a
safe haven, while opening substantial business possibilities."
St. Kitts and Nevis, Dominica and Grenada present various real
estate and diversification investment offerings, from a $100,000
contribution to Dominica's Economic Diversification Fund; to $200,000
donation to Grenada's National Transformation Fund; and a $250,000
minimum investment to the St. Kitts and Nevis Sugar Fund
Diversification.