Today, February 24, 2026, “FinCEN, in consultation with the U.S. Department of State, rescinded its Advisory on the Abuse of the Citizenship-by-Investment Program Sponsored by the Federation of St. Kitts and Nevis, issued May 20, 2014. FinCEN issued the Advisory in response to certain foreign individuals abusing the Federation of St. Kitts and Nevis’ (SKN) Citizenship-by-Investment (CBI) program to obtain SKN passports for the purpose of engaging in illicit financial activity.”
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