The St.Kitts and Nevis Government has announced new list of restricted countries, who are barred from applying for citizenship by investment program effective from Jul 27, 2023. The regulations were published in Saint Christopher and Nevis Citizenship By Investment (Exclusion) Order, SRO 27 of 2023
In the interest of national security, defense and public safety of the Federation of Saint Christopher and Nevis, every citizen of, and persons ordinarily resident in, the following countries shall be excluded from any application for registration as a citizen pursuant to subsection 3(5) of the Act—
(a) The Russian Federation, otherwise known as Russia;
(b) The Republic of Belarus, otherwise known as Belarus;
(c) The Democratic People’s Republic of Korea, otherwise known as North Korea;
(d) The Islamic Republic of Afghanistan, otherwise known as Afghanistan;
(e) Republic of Iraq, otherwise known as Iraq; and
(f) The Islamic Republic of Iran, otherwise known as Iran
The changes aim to boost international investor confidence and bolster St Kitts and Nevis CBI reputation globally.
