KUALA LUMPUR, May 18 (Bernama) -- St Kitts and Nevis's Citizenship by Investment Programme has revolutionised the investment migration industry and catapulted the twin federation economy to become one of the most sustainable nations in the Caribbean region.
The Citizenship by Investment Unit has launched a Limited Time Offer under the Sustainable Growth Fund investment option that is available from Jan 1 until June 30, offering investors to contribute with a reduced minimum amount and a processing time of 60 days.
According to the Government of St Kitts and Nevis in a statement, funds accumulated via the Sustainable Growth Fund support economic and social development in the nation. There are multiple areas where the funds are allocated to ensure the economic and social objectives are successfully implemented.
The fund has effectively prepared the twin island state to address climate change issues and respond with environmentally friendly solutions, and its investment option is aiding the government's commitment to shift the country into 100 per cent renewable energy and reduce carbon emissions to 61 per cent.
Additionally, the government is using a percentage of the funds generated from the programme to support the education system, empowering Kittians and Nevisians with the knowledge to hone their skills leads to sustainable economic and social development.
Currently, the government has initiated educational plans to improve the quality of education in the country such as the Education for Sustainable Development framework.
St Kitts and Nevis' healthcare sector is an essential part of sustaining the economy. There are 11 healthcare centres, including four hospitals for citizens to attend to their maternal and child healthcare and chronic disease management needs.
The Sustainable Growth Fund has supported the policies in national healthcare insurance and advanced medical equipment in hospitals to ensure that locals and tourists have access to quality healthcare facilities with advanced technologies.
The tourism sector significantly contributes to the twin federation's Gross Domestic Product (GDP), as it is the main source of income by supporting an estimated nine per cent GDP growth in 2022. The fund has supported the recovery of tourism post-pandemic, by employing a large percentage of staff to manage the increasing tourism capacity.
St Kitts and Nevis is known for its tropical flora and mesmerising beaches. The atmosphere is mixed tranquillity, modern infrastructure, thrill-seeking adventures and luxurious properties.
-- BERNAMA
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