Renowned CBI Index launches its seventh Edition
The CBI Index: a comprehensive measure of global Citizenship by Investment programmes
St Kitts and Nevis Citizenship by Investment (CBI) Programme earns first place due to its longevity and excellent management.
In an era where globalisation appears to be waning due to the rise of extreme political ideologies, astute individuals are adapting by strategically hedging their positions. One such avenue gaining traction is the pursuit of alternative citizenship. This practice enables individuals to capitalise on more opportunities in an increasingly uncertain global landscape.
With a savvy investor being offered a myriad of Citizenship by Investment (CBI) options, navigating these becomes complex. The CBI Index (the Index) stands as the only objective benchmark for assessing the performance and allure of worldwide CBI programmes. Designed around nine key pillars, this system meticulously evaluates the appeal of such programmes.
The CBI Index was founded by James McKay, a respected research consultant with extensive expertise in complex data-driven research, and reflects years of experience and academic acumen. Guided by the Organization of Economic Co-operation and Development (OECD) principles, McKay meticulously developed the CBI Index through a systematic three-stage process.
The Index's initial phase methodically analysed global economic citizenship trends over the past year. Subsequent stages entailed a detailed exploration of official macroeconomic and programme-specific statistics to measure country performance. The culmination of this process ensured the Index's statistical continuity and original architectural integrity.
The CBI Index is a robust system meticulously designed to assess the attributes of CBI programmes across a diverse range of parameters
The essence of the CBI Index lies in providing a structured and systematic mechanism for evaluating CBI programmes, streamlining decision-making for potential participants, and adding value to the industry.
The CBI Index evaluates all nations with operational CBI programmes. The 12 countries that offer economic citizenship in 2023 include: Antigua and Barbuda, Austria, Cambodia, Dominica, Egypt, Grenada, Jordan, Malta, St Kitts and Nevis, Saint Lucia, Turkey, and Vanuatu.
In a complex landscape, the CBI Index examines programme attributes under nine pillars:
- Standard of Living
- Freedom of Movement
- Minimum Investment Outlay
- Mandatory Travel or Residence
- Citizenship Timeline
- Ease of Processing
- Due Diligence
- Family
- Certainty of Product
The assessment involves benchmarking, statistical analysis, and comparative investigation. Pillars are scored on a 10-point scale, with final scores presented as absolute values and percentages.
The CBI Index's credibility relies on authentic sources and inputs from industry experts. It validates official government sources and legislative changes, eschewing speculative alterations.
In essence, the CBI Index is a valuable guidepost, making CBI programmes accessible while enriching the industry through insightful evaluation.
The dynamic landscape of Citizenship by Investment
The realm of CBI programmes is evolving due to regulatory changes and global dynamics. Many countries’ programmes face scrutiny, notably post the invasion of Ukraine and ongoing conflict. Amid a shift away from CBI, Caribbean islands like St Kitts and Nevis, Dominica, Saint Lucia and Grenada, ranked in the top three of the CBI Index, emerge as attractive alternatives, offering citizenship and a Caribbean lifestyle.
Factors like the COVID-19 pandemic and geopolitics drive the Caribbean Islands' rise in popularity. This shift prompts stakeholders to consider the digital-native next generation.
Due diligence is central; CBI now demands rigorous vetting. Countries like St Kitts and Nevis showcase this shift through comprehensive procedures.
As the industry transforms, CBI plays a pivotal role in shaping the post-pandemic world, offering a pathway to prosperity through enhanced compliance, due diligence, and alignment.
The St Kitts and Nevis Citizenship by Investment Programme wins first place
The St Kitts and Nevis Citizenship by Investment Programme epitomises excellence in the realm of CBI. Earning accolades and the title of being ’The First and The Finest’ of CBI, this programme boasts over 39 years of history and stands as the world's oldest economic citizenship initiative.
“For four decades, we have crafted solid, innovative, and sustainable investment solutions through our Citizenship by Investment Programme”, says Mr Michael Martin, Head of the Citizenship by Investment Unit in St Kitts and Nevis.
Built on integrity, transparency, and accountability, the St Kitts and Nevis CBI Programme offers select, diverse investment pathways catering to varied aspirations. The Programme maintains flexibility without compromising rigorous due diligence.
The Citizenship by Investment Unit (CIU) is made up of a team of competent experts that ensure excellent service while adhering to the strictest due diligence, ensuring only applicants of the highest moral character need apply.
A robust due diligence process underscores the Programme's commitment to security and legitimacy. Benefits extend beyond citizenship, including political and economic stability, diversification, business and educational opportunity, business expansion, and quality of life. The St Kitts and Nevis CBI Programme not only upholds its legacy but also sets a remarkable precedent for the investment migration industry.
“We take a measured and considered approach to everything we do”, says Mr Martin, “and our vision is to remain the leading Citizenship by Investment Programme in the world: a Programme filled with integrity, transparency, and accountability.”
