St. Kitts & Nevis Hurricane Relief Fund

Following the recent catastrophic devastation caused by Hurricanes Maria & Irma, the government of St. Kitts & Nevis has introduced a new Citizenship by Investment option; known as Hurricane Relief Fund (HRF), which reduces the contribution amount to USD 150,000 for a family of 4. While this program may be stigmatized by neighboring countries as a ‘shameful move by St. Kitts-Nevis resulting in abuse of CBI program by illicit actors’, Mr. Les Khan the CEO of the St Kitts and Nevis Citizenship by Investment Unit, has reassured the legitimacy of the program while touting its strong due diligence process. According to Mr. Khan, the stringent due diligence process of St. Kitts & Nevis ensures that all individuals applying for the program are of good repute. The government does thorough scrutiny to ensure that no one abuses the country’s CBI program in order to mask themselves from sanctions or from engaging in financial crime.

CEO of RIF TRUST; Dubai based Citizenship by Investment Company, Mimoun Assraoui said: ‘The Hurricane Relief Fund CBI option is an excellent opportunity for individuals looking for a strong second passport. The CBI program of St. Kitts & Nevis is the only program which offers biometric passports in the Caribbean region and has diplomatic representation in the UAE. It is the oldest and most competitive program of its kind currently available in the market for families’ applications’.

David Regueiro, Managing Partner of RIF TRUST further added by saying: ‘The HRF program is an excellent initiative taken by the government of St. Kitts & Nevis to recover from the devastation caused by the hurricanes. We can hope for an immediate disaster recovery for all the victims of the hurricanes’.

RIF TRUST has recently become the official Marketing Agent and Promotor for St. Kitts & Nevis prior to its management meeting with Mr. Les Khan and Mr. Justin Kareem Hawley, Consul General of St. Kitts & Nevis, at the Consulate of St. Kitts & Nevis in Dubai. Upon meeting the two gentlemen, Mr. Assraoui expressed his support as an International Marketing Agent by saying: ‘We strongly believe in the St. Kitts-Nevis CBI program and we extend our full support to Mr. Les Khan and the entire CBI unit’.

During their meeting, Mr. Les Khan reaffirmed the fake trending news surrounding the rumors that the National Bank of St. Kitts & Nevis cannot accept funds from most of the Middle Eastern countries. Mr. Khan reiterated that the bank can receive funds from countries that are not under the sanctions list of OFAC and that the Acting CEO of the National Bank of St. Kitts & Nevis has confirmed that their policy has not changed. A press release will be issued shortly.

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Marketing & Communications Department