Tuesday, December 10, 2024

SAINT KITTS IS OFFERING A UNIQUE INCENTIVE TO ITS CBI PASSPORT HOLDERS WHO CHEATED ON THE PURCHASE PRICE THROUGH CARIBBEAN GALAXY TO PAY UP

If you were, as I have, wondering how the Government of Saint Kitts and Nevis was going to get the thousands of CBI economic citizenship purchasers who only paid 40% of the legal minimum purchase price, through the CARIBBEAN GALAXY GROUP fraud, sources close to the country's diplomatic corps have advised that it has devised an interesting incentive for those cheats to pay up the balance. As you know, those individuals, regarded by SKN as deadbeats, must remit the funds by 31 December, or face citizenship (and passport) revocation, which we believe will cause problems with all subsequent international travel when publicly disclosed, irrespective of which passport one uses. We have previously discussed at length here the potential nightmare that could follow a passport revocation.


Anyway, to get back to the subject at hand, Saint Kitts is reportedly about to offer only to all the individuals who redeem themselves, by timely paying the legally-required balance, a benefit which is of particular interest to individuals who acquire economic citizenship. We won't disclose the details, because it has not been publicly released, but as a hint, we note that it has to do with yet another jurisdiction, as residency rights. it's not free of charge, but offered at a purely nominal price. It remains to be whether this will cause all those who right now owe something like USD$120,000 to wire their payment. watch for a public announcement on the subject.

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