Prime Development

December 20, 2023

Prime Creative Art Centre: A Public Benefit Option for St. Kitts and Nevis Citizenship

The public benefit option enables the government to achieve its capital investment goals.

Discerning investors interested in developing projects that substantially benefit the people of St. Kitts and Nevis can apply to the Citizenship Investment Unit (CIU) to be designated as an Approved Public Benefactor. Once approved, they can seek designation for their projects as Approved Public Benefit Projects, qualifying them for sale under this option.

Approved Public Benefit Projects designated by the CIU not only maximize local employment but also facilitate projects involving technology transfer and capacity building.

Under the Public Benefit Option, each Main Applicant must make a minimum contribution to a unit of an Approved Public Benefit Project, payable to the relevant Approved Public Benefactor.

Source: www.primedevelopments.org

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