The 2017 Atlantic hurricane season has been one for the record books. It\u2019s only the second
\nseason on record to have two Category 5 hurricanes\u2014the strongest classification of
\nstorm\u2014make landfall. But the record breaking season has unfortunately brought significant
\ndamage and destruction to much of the Caribbean. And it\u2019s not over yet.<\/p>\n
While St. Kitts & Nevis has largely avoided some of the devastation by comparison to their According to a government issued press release, Prime Minister Timothy Harris was quoted:
\nneighbours, the two-island nation has still felt the impact of Mother Nature. As a result, on
\nFriday September 23, 2017 the government of St. Kitts & Nevis approved a Hurricane Relief
\nFund that will be backed with funds from the island\u2019s Citizenship Investment Unit.<\/a><\/strong>
\nAs part of the citizenship application process, investors are required to make a USD $150,000
\ninvestment in government sanctioned projects. With the new fund, a portion of this money will
\nnow be set aside to help with recovery efforts in St. Kitts & Nevis. While the fund will initially be
\nfocused on clean-up efforts within St. Kitts & Nevis, there are plans to offer aid to other
\nCaribbean nations who have been impacted over time.<\/p>\n
\n\u201cAlthough Hurricane Irma did not make a direct hit on the Federation, it caused danger to the
\npublic sector and private property, with damages of substantial amounts to the order of 150
\nmillion and the Hurricane Season is not over yet. The government of St. Kitts and Nevis would
\nlike to be in a position to provide assistance to its citizens and to make funds available for a
\nspeedy recovery to the economy.\u201d<\/p>\n