St Kitts and Nevis: Citizens to receive second CBI dividend payment
Loop News
June 19, 2023 11:37 AM ET 1 min read
Citizens and residents of Saint Kitts and Nevis are set to benefit from a second Citizenship by Investment COVID-19 Relief Payment (Dividend), a share of the profits and retained earnings received from the country’s CBI Programme.
The payment process is scheduled to begin by Wednesday, June 21, 2023.
The introduction of the CBI Dividend in December 2022 was the St Kitts-Nevis Labour Party Administration’s fifth COVID-19 relief initiative since taking office in August 2022 and the first time in the Caribbean that everyday citizens and residents were paid a dividend on any state asset.
The CBI dividend will be facilitated through the Saint Christopher and Nevis Social Security Board and distributed in two tiers or categories.
The first category is the pensionables and pensioners and the second category is classified as those who are not yet pensionable.
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