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St Kitts and Nevis Announces $15 Million Income Support Programme to Financially Support Citizens During Pandemic


St Kitts and Nevis Announces $15 Million Income Support Programme to Financially Support Citizens During Pandemic
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LONDON, July 12, 2021 /PRNewswire/ During the course of the COVID-19 pandemic, the government of St
Kitts and Nevis has ensured that its citizens are financially supported by introducing a series of fiscal strategies. Recently, the government announced a monumental
$15 million income support programme that would distribute $1000 every three months to those who fit the eligibility requirements. This is the
latest financial package designed to alleviate the hardships faced due to the economic impact caused by the pandemic.
Aside from providing income support, Prime Minister Timothy Harris also announced that the government would be waiving commercial rent for small businesses, ....

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China's Crypto Crackdown Could Amplify Concerns Over Financial Privacy


China s Crypto Crackdown Could Amplify Concerns Over Financial Privacy
LONDON, June. 24, 2021 /PRNewswire/ On Monday, the People s Bank of China (PBOC) ordered four state-owned banks and the country s leading mobile payment app Alipay to cut off all transactions linked to Bitcoin and other cryptocurrencies. The statement urged banks and payment firms to thoroughly check client accounts, identify those involved in cryptocurrency transactions and promptly cut their payment channels.
Beijing s hard line on crypto, paired with the rollout of the digital yuan, which allows the PBOC to keep near real-time transaction data of all individuals and entities using the digital currency, has long been a concern for many investors, entrepreneurs and businesspeople. The World Wealth Report noted China as the largest exporter of wealthy migrants, with around 16,000 Chinese millionaires leaving the country in 2019 alone. According to UK-based investment migration firm CS Global Partners, ....

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Families Have Six Months to Take Advantage of Limited Time Offer Under St Kitts and Nevis Citizenship by Investment


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LONDON, June 24, 2021 /PRNewswire/ With civil unrest marring parts of Asia, particularly in regions like Hong Kong, younger families are seeking routes to second citizenship to protect themselves better. Both political instability and economic uncertainty have been exacerbated by the COVID-19 pandemic, triggering an exodus of those leaving their home countries searching for safety and security.
While Canada and the United Kingdom are common destinations for permanent immigration, St Kitts and Nevis recognises investors as global citizens and offers a different solution. More families are now taking advantage of the St Kitts and Nevis Citizenship by Investment (CBI) Programme - a widely popular destination for investors in Asia. The initiative confers citizenship on an applicant once they invest in the Sustainable Growth Fund (SGF), a route that has been acclaimed as the most straightforward means to a second citizenship. ....

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