BASSETERRE, St. Kitts _ St. Kitts and Nevis has closed its citizenship-by-investment program to Syrians until further vetting processes can be put in place.
A Friday statement from legal advisory firm CS Global Partners says the tiny Caribbean nation made the decision because of reports of counterfeit Syrian passports in the international black market.
It says Prime Minister Timothy Harris announced the suspension of Syrians from his country’s citizenship program at a Thursday reception in Washington.
St. Kitts closed its program to Iranians several years ago after Iranian students stormed the British Embassy in Tehran.
Caribbean nations such as St. Kitts, Dominica and Grenada offer investors a quick path to citizenship at a relatively low cost. A foreigner can qualify for St. Kitts citizenship with a $250,000 donation or a $400,000 real estate investment.
The Associated Press