Business
St Kitts and Nevis generates revenue using economic citizenship programme
Sunday, February 12, 2012
David Checkemian, construction manager for the Four Seasons Resort Estates, says Henley also receives commissions from developers when their clients buy property. How much of a share, Henley won’t say.
Prime Minister Douglas credits revenue from the economic citizenship program with allowing St. Kitts and Nevis to develop tourism, even in tough economic times.
As of late 2011, a Henley catalog listed more than 700 built or planned properties in six high-end resorts that could earn an investor citizenship and a St. Kitts and Nevis passport.
The government has approved another 23 developments to attract more would-be Kittitians.
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