St. Kitts and Nevis GDP is growing and foreign investment continues

St. Kitts and Nevis GDP is growing and foreign investment continues

According to preliminary data in the report of the Economic Commission of Latin America and the Caribbean (ECLAC), Saint Kitts and Nevis attracted net foreign direct investment in 2019 in the amount of US $ 90 million. External debt decreased, and due to falling inflation, prices fell, which makes this country attractive and promising for investors.

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Saint Kitts Increased CIP Validation Costs

Saint Kitts Increased CIP Validation Costs

Dr. Timothy Harris, the Prime Minister and Minister of Finance of St. Kitts and Nevis, in his speech on the budget for 2020 said that due to the increasing popularity of the Citizenship by Investment program on the island, the costs of due diligence have increased. The minister’s plans also include strengthening the passport of St. Kitts through agreements with friendly countries on the abolition of visas.

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St. Kitts Established Diplomatic Relations With Bosnia

St. Kitts Established Diplomatic Relations With Bosnia

His Excellency Sam Condor, the Permanent Representative of St. Kitts and Nevis, together with the Permanent Representative of Bosnia Herzegovina, His Excellency Sven Alkalaj, expressed a mutual desire to pursue deeper diplomatic relations, including the possibility of signing a mutual visa waiver agreement

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