The International Monetary Fund has congratulated St Kitts & Nevis for the dramatic improvements the country has made to its citizenship-by-investment program, once suspected of being a haven for financial criminals.
Dr Inci Otker, an IMF advisor, says the transformation from a program shrouded in secrecy to one that is transparent about the way it operates is most welcome.
"The authorities are to be commended for the comprehensive reform of the citizenship-by-investment program," Otker's recent report said.
"The improvements in the transparency of SIDF financial reporting are welcome."
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