The Public Benefit option (PBO) was introduced as third investment pathway for citizenship by investment program. The benefits of PBO is least understood with 90% of foreign investors only applying for SISC contributions for citizenship in St.Kitts and Nevis (SKN). Here we unravel the key advantages of PBO option associated with Marriott hotel investments in St.Kitts and Nevis.
The SISC and PBO are both donations are $250,000 with same investment ceiling (non-recoverable). Under the PBO pathway, we offer Marriott SKN resort is an approved PBO project by government.
PBO vs SISC
- SISC contribution – The SISC is a sustainable island state contribution initiative is a one time donation paid directly to St.Kitts government for sustainable development initiatives.
- PBO Contribution – It is a Public benefit option third investment route approved by government under citizenship by investment program to create jobs and facilitate public projects in SKN.
Both SISC and PBO are donations, a non-recoverable investments but there are some key benefits with electing for PBO. With SISC you get nothing from the investment, it is paid directly to government coffers.
Key Advantages with PBO
- Speed – PBO Applications are accelerated to 60 days (instead of 120 days by SISC)
- Holidays – Free 13 night stay at Marriott SKN resort (or) 250,000 Marriott bonvoy points to spend at hotels worldwide.
- Registered address – Investors can Residential address registered in St.Kitts.
- Agency fee – We offer $5000 discount with agency fee from PBO applications to encourage investment.
- Limited Time Offer – PBO projects has limited time offers from time to time.
- Post approval fees – Single applicants can benefit from PBO because of exemption of post approval govt. fees. This post approval fees apply for family members, for this reason PBO can be slightly expensive than SISC for families.
Please contact us for more information.
**Brochures, presentation and quotation provided upon request.
