July 5, 2021
Bank of Nevis International Trust Services Inc. (BONITS), a leading provider of Migration Investment, Trust, and Company Formation Services in St. Kitts & Nevis, has announced the launch of Citizenship Investment Programme (CIP) products to the beautiful Caribbean Island of St. Lucia. This follows the announced launch of BONITS’s first overseas office in Dubai in April 2021 as the organisation continues to grow its geographic footprint and focus on providing global clients with Migration Investment solutions that meet their changing demands. This is especially true following the onset of the coronavirus pandemic and the subsequent digital transformation that is now part and parcel of how we live and work, becoming the ‘new normal’.
BONITS takes a holistic approach by offering clients a portfolio investment route that will seek to define investment opportunities in a cross section of St. Lucia’s infrastructure. New products under development include impact investment opportunities for investors that want their money to do good, not just do well – an increasing trend particularly amongst millennial audiences – and will sit alongside routes to a second citizenship through existing CIP schemes.
The islands of the Eastern Caribbean offer an unparalleled lifestyle, and St. Lucia is one of the region’s most beautiful destinations. Citizens also benefit from visa-free or visa-on-arrival travel to 146 countries, including the EU, UK and Hong Kong, direct flight connections to major destinations around the world and marinas capable of hosting even the largest superyachts. The launch of St. Lucia CIP products enables BONITS to continue to diversify its client base and coincides with a limited time offer where a single applicant and a family of four (4) can secure citizenship with investments of just US$100,000.00 and US$150,000.00 respectively. St. Lucia represents one of the most cost-effective routes to a second citizenship in the Caribbean with pre-processing of due diligence requirements, along with BONITS’s individual and highly personal service, ensuring speedy completion of all formalities.
As the Partner of choice, clients from across the globe trust BONITS to provide Migration Investment solutions that help them and their families to embark on new lives without borders, secure the future for generations to come, and invest with positive impact on local communities. In addition to new products, BONITS’s Migration Investment services support clients through a range of products that deliver long-term sustainable yield. BONITS is currently developing impact investment initiatives that focus on the needs of a new generation of clients for whom positive social and economic development impact is as important a consideration as the hunt for yield. Specifically, BONITS is looking to introduce new sustainable, environmentally friendly real estate developments as well as launch products that support affordable access to solar and other renewable energy solutions in small island states and developing countries around the world.
Michael J. Prest, Chief Executive Officer, BONITS, said:
“The past year has been one of the most challenging in living memory for people around the world and our hearts go out to everyone that has experienced difficult times. It has also been a moment of reflection, and many people have re-evaluated their priorities and their plans for the future.
“We take a holistic view to investing in the Caribbean as we are always looking to identify and create new investment routes for our clients that are seeking opportunity and yield in their portfolios. With St Lucia, our goal is to work with our clients to build the investment package that ensures they can achieve their global ambitions and secure their legacies. In some cases, this means citizenship to a jurisdiction that provides greater global flexibility for themselves and their loved ones. In other cases, we support our clients through products that will deliver long-term sustainable yield and leave a lasting and positive impact on local communities.”
Rachel R. Ritfeld, Global Business Development, BONITS, said:
“We have a highly personal approach and work with our clients as a trusted partner. We have a diverse and multi-lingual team that welcomes clients from around the world, helping them to navigate fast-changing environments by curating a tailored package of sustainable investment products to meet their exacting requirements.
“By expanding our Migration Investment offering to include St. Lucia, we are able to provide our clients with even greater choice and flexibility while enhancing our credentials as international migration specialists.”
Sans Frontières Associates
Austyn Close: firstname.lastname@example.org / +44 7765 662 778
NOTES TO EDITORS:
About Citizenship Investment Programme to St. Lucia
With two striking tapered mountains, the Pitons, on its west coast, St. Lucia is widely regarded as one of the Caribbean’s most beautiful islands.
Citizenship to St. Lucia can be secured through investment in the country’s National Economic Fund, a COVID-19 Relief Bond, or through real estate investment in a pre-approved development area.
The benefits include, but are not limited to:
Founded in 2013, Bank of Nevis International Trust Services Inc. (BONITS), is a related company to the Bank of Nevis International Ltd. (BONI) and is a leading provider of Migration Investment (which includes Citizenship-by-Investment / Citizenship Investment Programmes), Trust & Foundation Services and Company Formation services.
Through local sister offices in both St. Kitts & Nevis and St. Lucia, BONITS works with its clients as a trusted partner to help them achieve their global ambitions and secure their legacies for generations to come. BONITS’s diverse and multi-lingual team welcomes clients from around the world and helps them to navigate a fast-changing world by curating a tailored package of sustainable investment products to meet their exacting needs.
As an accredited International Marketing Agent, an accredited Service Provider and an accredited Escrow Agent in St. Kitts & Nevis, and an accredited Promoter in St. Lucia, BONITS is a one-stop solution in both jurisdictions.
Through local expert teams, BONITS aims to connect clients from around the world with the historic charm, warm and inviting culture, idyllic natural scenery, and enviable lifestyle offered by the islands of St. Kitts & Nevis and St. Lucia.
BONITS was incorporated under the Nevis Companies Ordinance, Cap 7.06 of the laws of St. Christopher and Nevis, on April 15th, 2013.
Bank of Nevis International Ltd. (BONI) provides holistic wealth management and portfolio management for clients from around the world. The bank has an exemplary track record spanning more than two decades and provides an inclusive and highly personal service that reflects the warm and rich Caribbean spirit of Nevis where the bank is headquartered.
Acting as a financial gateway to the rest of the world, BONI is truly global in its approach connecting clients with international financial centres and markets. Representing the Caribbean at the top table of banking and financial services, BONI is ideally suited to help
clients achieve their global ambitions, safeguard their futures and meet their exacting needs as an independent financial centre.
BONI has a strong repeat client base which has been a result of the team’s inclusive and diverse approach at every level in order to win for its clients.
BONI was incorporated under the Nevis Companies Ordinance, Cap 7.06 of the laws of St. Christopher and Nevis, on April 29th, 1998. BONI is regulated by the 2014 Nevis International Banking Ordinance (NIBO) and is registered with the US Treasury Department as a Foreign Financial Institution (FFI) for FATCA reporting purposes.
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