Wednesday, December 11, 2024

HOLDERS OF SAINT KITTS CBI PASSPORT, PURCHASED AT AN ILLEGAL DISCOUNT, WHO HAVE BEEN ORDERED TO PAY THEIR BALANCE BY THE END OF DECEMBER, OR FACE REVOCATION - PAY ATTENTION; THIS IS NOT A BLUFF, GENTLEMEN

I have been receiving a number of queries from CBI consultancies and sales agents, acting on behalf of anxious holders of Saint Kitts & Nevis Citizenship by Investment passports that they acquired at a 60% discount. That discount has been declared by government to be illegal under applicable Kittitian laws and regulations, and such acts have also been designated a criminal act. Their failure to remit the full legal minimum amount at the time of purchase constitutes fraud, not only on the part of the agent, but on the purchasers as well. Seek competent professional advice if you doubt that this is a correct statement.


The attitude that I have heard appears to be that there is a genuine doubt whether government will actually begin to cancel the citizenships & passports at that time, and that it is merely a bluff or scare tactic. Please do not be misled; I have received assurances, from my sources close to SKN government officials, that the Prime Minister means what he says: revocations will commence at the beginning of the New Year. There are political forces at work there that will operate to insure that the Notice is enforced.

You may want to read the complete text of the Notice, dated 3 December, 2024, and consult with legal counsel, but be aware that it establishes a presumption that failure to respond timely, with the funds, is sufficient to commence revocation action; don't look to make any Due Process argument, as it will surely be rejected. Govern yourselves accordingly, please.

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