Basseterre, St. Kitts, November 03, 2015 (SKNIS): Individuals who attain citizenship of St. Kitts and Nevis through the Citizenship by Investment (CBI) programme must add value to the country by being a discerning cadre of people who will have the country’s best interest at heart, said Prime Minister Dr. the Honourable Timothy Harris, during his monthly press conference on Tuesday, November 03, at Parliamentary Lounge, Government Headquarters.
“That was the message that I have been articulating at home and abroad and it is also in essence of the message that the majority got as we promoted the CBI programme in London, Miami, Singapore and Hong Kong in recent times,” said Prime Minister Harris, while extending thanks to stakeholders and persons who contributed to making the promotion and restoration of the CBI programme thus far a tremendous success.
Dr. Harris reflected on his recent visit to Asia in light of rebuilding the CBI programme.
“We met with service providers, developers, agents past and present,” he said. “My delegation left Asia confident that our CBI programme is better and stronger for the reforms which we have made and we can now face the future with confidence. The progress attained thus far is the result of a collaborative effort.”
Though much emphasis has been placed on CBI, Dr. Harris noted that other contributors aimed at boosting the economy are being considered.
“We aim to diversify and reposition the economy so that its economic fortunes are not overly reliant on the citizenship programme,” said Prime Minister Harris. “We will welcome Foreign Direct Investment (FDI) in other areas to diversify our tourism plant, to establish a viable medical tourism infrastructure, to introduce Information and Communication Technology (ICT) entities in St. Kitts and Nevis and in giving our country a fresh start in food production.”
Prime Minister Harris stated that the Government will revisit tax incentives in order to give support to pioneering economic activity in new industries such as geothermal.
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