Caribbean

Nevis opposition leader calls for economic citizenship revenue accounting

Nevis opposition leader calls for economic citizenship revenue accounting

Robelto Hector

By Jermine Abel

CHARLESTOWN, Nevis (WINN) — Leader of the opposition Nevis Reformation Party (NRP), Robelto Hector, has challenged Nevis premier, Mark Brantley, to account for budgetary allocations the federal government of St Kitts and Nevis has made to the Nevis Island Administration over the recent years.

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Hector noted that the Nevis government indicated to the people that the budgetary allocation received from the federal government is Nevis’ share of the citizenship by investment (CBI) programme. He questioned if Nevis is really getting its fair share of the CBI monies when the revenue generated from the CBI programme would have fluctuated but the allotments remain fixed.

“In 2018 we have witnessed in our budget the increasing dependency on St Kitts; we have observed that over these four years the Nevis Island Administration has gotten what they call budgetary support from St Kitts. They say it is Nevis’s share of processing fees from the Citizen by Investment Unit to the tune of some $2.5 million monthly.

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