St. Kitts to CBI Defaulters: Pay Up or Lose Your Passport


The Prime Minister of St. Kitts and Nevis has sent a strong message to individuals who acquired citizenship through the Citizenship by Investment (CBI) program but failed to pay the required investment amount in full. These underpaying citizens are being asked to settle their outstanding dues or risk losing their citizenship altogether.
In a letter addressing the issue, the government highlighted its commitment to maintaining the integrity of the CBI program. As one of the world's leading programs offering economic citizenship, St. Kitts and Nevis ensures that applicants meet all financial obligations. Any failure to comply not only undermines the program's credibility but also poses risks to the country's economic stability.
The CBI program has been a significant driver of revenue for St. Kitts and Nevis. By offering citizenship in exchange for investments in the nation’s economy, it attracts individuals seeking greater global mobility and financial opportunities. However, incomplete payments jeopardize the program's reputation and can lead to stricter international scrutiny.
The government emphasized that defaulters would face legal consequences. Those who fail to meet their financial commitments are given an ultimatum: clear the unpaid amount or forfeit their citizenship. The administration hopes this action will deter others from attempting to exploit the program.
St. Kitts and Nevis remains committed to the CBI program as a means to boost national development. However, the government is determined to enforce stricter compliance measures to preserve its global standing. This latest move sends a clear message that while the nation welcomes investors, it expects them to honor their agreements fully.
For existing CBI citizens, this development serves as a reminder of the importance of adhering to the program's terms. The government's proactive stance underscores its dedication to fairness and accountability within the initiative.