DUBAI, UAE — Since taking up his post as the new CEO of the St Kitts and Nevis Citizenship by Investment Unit (CIU), Les
Khan has been working hard to implement reforms that will define the
citizenship by investment (CBI) program as innovative and an international
leader once again.
He achieved this at a
two-day CBI conference that took place last week in Dubai when he announced a
step change in what the CBI program in St Kitts and Nevis has to offer. He
advised delegates that the CIU will now be able to offer an accelerated
application process where applicants will be fast tracked and approvals granted
within 60 days.
The CIU under Khans leadership has been undergoing a number of reforms
including the strengthening of its vetting process and the implementation of a
technical committee. This therefore means that the same high standards of due
diligence will apply to every new applicant but as a result of increasing the
team and expanding on their expertise, applicants will now be able to be fast
tracked at a premium.
It was my ambition to improve the service delivery and performance of the
Citizenship by Investment Unit and I am grateful to the cabinet of the Prime
Minister Dr Timothy Harris for sharing this vision, for having confidence in
the unit and for having a commitment to deliver a platinum service, Khan said.
He added that, with the improved processes and systems in place, St Kitts and
Nevis is able to provide applicants with a fast track service, including the
issue of passports, which previously had been subject to lengthy delays.
Khan noted that the clients in Dubai were eager to implement this new program
and to this end he will be releasing guidance on the implementation of the
initiative shortly.
