Tuesday 27 September 2016

St. Kitts & Nevis: Les Khan Has Been Appointed The New Chief For The Citizenship By Investment Unit


On Monday, 12th September 2016, the Prime Minister of St. Kitts & Nevis, Dr Timothy Harris, announced that the new chief of Citizenship by Investment unit will be Les Khan. This announcement was made at a national conference of service providers and developers under the St. Kitts and Nevis Citizenship by Investment (CBI) Program.
Mr. Khan was previously working as the team leader for the IPSA international project. IPSA international, a regulatory risk mitigation company, conducted a review of the St. Kitts & Nevis CBI Program in the fourth quarter of 2014. Then, on 30th April 2015, it was disclosed that St Kitts and Nevis government had retained the services of the company to address recommendations that would improve the country’s CBI program.
The St Kitts & Nevis Citizenship program was reorganized, restructured and repositioned as the best in the world by the current team unity administration, within one year of the announcement made on 30th April 2015.
The improved Citizenship by Investment Unit was made the focal point of the press conference held in March 2016. During the press conference, the prime minister affirmed that “Our CIU is now open for legitimate business. It is now administratively and legally stronger and better.”
On Monday morning, in addressing the service providers and developers at the conference, held under the theme “St Kitts and Nevis Redefining Global Citizenship, Leading the Way Again!”, Mr Harris said, “There are several initiatives that I am confident will reignite participation in our CBI product, positioning St Kitts and Nevis as the clear and obvious destination for global citizenship.”
At Monday’s conference, Mr Harris provided a clear roadmap for further success. “With the appointment of the new head of the unit, the reforms undertaken and our new marketing strategy, we are now in a position to implement our rebranding effort,” Harris said, adding, “We will now be more aggressive in our rebranding and are prepared to tell the story of change in a more interactive and personal manner. We will enter the road show circuit. We will participate in selective conferences to shore up market demand whilst we look to explore more market opportunities.”
He further stated, “Les will be leading a well-disciplined local team with a broad cross-section of skills to strengthen our resource capabilities in order to deliver a platinum service. We have people with high-level expertise in marketing, Immigration, international banking, anti-money laundering and administration.”
The government inherited a backlog of over 1,500 citizenship applications, which has now been significantly reduced. Moreover, current applications to the CIU are being turned around within 45 to 75 days, while cold files are attended to on a daily basis. Moreover, the CIU is now using three due diligence service providers. It is also important to highlight that the Unit is now offering a 24/7 case management system, meaning service providers can access information on the status of their applications at any given day or time.
For further information about the St. Kitts & Nevis Citizenship and Residency Program, please feel free to visit our website Lalani & Associates.

2 comments:

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    It was named thus for the beauty of its landscape with its green mountains and clear blue beaches. The population of Grenada is approximately one hundred thousand people, and its area is 344 km². Its pleasant climate and beaches attract large numbers of tourists.
    St Kitts Citizenship by Investment

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