The Government of the Federation of St Kitts-Nevis recently opened a new cruise ship pier in Port Zante which cost the country US$48 million to be built.
Financed by four local sources, the country’s Citizenship by Investment (CBI) programme contributed US$5 million in investment to the project.
With the completion of St Kitts’ second pier, Port Zante can now host up to three of the largest cruise liners in the world. The country of 55,000 people welcomed one million cruise passengers before the end of the cruise season, for a second-consecutive year.
“Our meetings ensure that we understand the needs of the cruise lines and their passengers, receive feedback on our service standards and guest experience and provide insight into cruise industry trends such as new ships and itineraries for upcoming seasons, all of which will help us to remain competitive as a premier cruise destination moving forward,” St Kitts-Nevis Tourism Minister Lindsey Grant said during a visit of the Florida-Caribbean Cruise Association (FCCA).
The association visited the Eastern Caribbean country to discuss the further development of its cruise sector.
St Kitts-Nevis is on its way to becoming the regional destination cruise passengers choose to spend their money in, according to FCCA, whose president, Michele Paige, estimates that the country can achieve this feat within three years.
The federation’s higher-end position in the global cruise industry has been strengthened by foreign direct investment raised from its CBI programme.
The CBI programme allows individuals and families from around the world — who have passed all due diligence checks — to obtain citizenship from St Kitts-Nevis in return for an investment of a minimum US$150,000.