Effective September 15th, 2018, the St. Kitts and Nevis Citizenship by Investment Unit will no longer be accepting Hurricane Relief Fund (HRF) donations.
Launched in October 2017, the Hurricane Relief Fund accumulated and provided significant aid and support to the nation following two devastating Category 5 hurricanes. With the introduction of its successor, the Sustainable Growth Fund (SGF), the Citizenship by Investment Unit (CIU) has decided to redirect applications to the new fund, which will invest in sustainable areas benefiting every citizen and resident of St. Kitts and Nevis, including health care, education, alternative energy, heritage, infrastructure, tourism and culture, climate change and resilience, and the promotion of indigenous entrepreneurship.
The St. Kitts and Nevis CIU shared its utmost gratitude to the overwhelming amount of support received for the HRF. Through this fund, the nation was able to prepare, repair, and support the Caribbean population in their greatest time of need. It is however important to note that although the Unit has continued its efforts to ensure a proper timeline for the acknowledgements of the files for the fund, the high volume of applications have caused considerable delays. It is the Unit’s priority to expedite the approval or query process as quickly as possible.
Just as the HRF provided an exceptional way to bring in foreign direct investments to rebuild St. Kitts and Nevis, it is expected that the SGF will further aid the nation and its citizens moving forward.
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