St Kitts and Nevis takes the top spot at this year’s annual CBI Index

Sherrica Thompson

Staff Writer

#StKittsandNevis, August 26, 2022 – The twin island nation of St Kitts and Nevis tops this year’s CBI Index rankings for offering one of the world’s best citizenship by investment (CBI) programmes.

St Kitts and Nevis was rated against 12 other countries with operational CBI programmes.  These countries include Antigua and Barbuda, Austria, Cambodia, Dominica, Egypt, Grenada, Jordan, Malta, Montenegro, St Lucia, Turkey and Vanuatu.

The primary methodological objective of the CBI Index is to isolate pillars that measure CBI programme features and jurisdictional desirability.

The nine pillars that constitute this year’s CBI Index include Freedom of Movement, Standard of Living, Minimum Investment Outlay, Mandatory Travel or Residence, Citizenship Timeline, Ease of Processing, Due Diligence, Family and, Certainty of Product.

The country received full marks – 10 out of 10 in the Mandatory Travel or Residence, Citizenship Timeline, Ease of Processing, Due Diligence, Family and Certainty of Product pillars.

St Kitts and Nevis’ CBI programme was established in 1984 and is one of the oldest in the industry.

The CBI Index, published by PWM Magazine, a publication from the Financial Times in collaboration with CS Global Partners, is a rating system designed to measure the performance and appeal of global CBI programmes across a diverse range of indicators.

The purpose of the CBI Index is to provide a rigorous and systematic mechanism for appraising programmes to facilitate the decision-making process for individuals considering them and to bring value to the CBI industry.