St Kitts and Nevis announces extension to Citizenship by Investment Programme Sustainable Growth Fund Limited Time Offer due to unprecedented demand

News Americas, Basseterre, St. Kitts, June 29, 2023: International investors have been clamouring to take advantage of one of the best deals in the investment migration industry this year – St Kitts and Nevis’ Sustainable Growth Fund (SGF) Limited Time Offer (LTO) which allows investors to gain approval for alternative citizenship in the country in as little as 60 days for a reduced fee. 

In December 2022, the St Kitts and Nevis Head of the Citizenship by Investment Unit (CIU), Michael Martin, announced the enactment of the updated St Kitts and Nevis Citizenship by Investment Regulations 2023, which included the introduction of the LTO for the SGF investment option effective 1 January 2023 – 30 June 2023.  

On 29 June 2023, Michael Martin made the following comment regarding the LTO: 

“We have received an overwhelming response and demand for our Sustainable Growth Fund investment option through the Limited Time Offer and felt that we had to extend the offering for another seven months until 31 January 2024. International investors continue to see the value of the world’s first and finest Citizenship by Investment Programme and this proves it”.  

The SGF remains the quickest and easiest route to alternative citizenship in St Kitts and Nevis and now until 31 January 2024, a main applicant can acquire alternative citizenship by contributing only US$125,000 to the SGF and receiving approval in principle within 60 days of acknowledgement by the CIU of submission of their application. 

Under the LTO, the minimum SGF contributions are as follows: 

Single applicant – US$ 125,000 

Main applicant and a spouse – US$150,000 

Main applicant and up to three dependants – US$170,000 

Each additional dependant under 18 – US$10,000 

Each additional dependant over 18 – US$25,000 

Revenue from the SGF has facilitated economic development and social upliftment in the country. The SGF is used to provide financial support to educational institutions, and medical facilities, as well as support infrastructural development, increase tourism, preserve local culture and heritage and support sustainable growth initiatives in the twin-island nation. 

Discerning investors are seeing the benefits of being part of St Kitts and Nevis’ success story. Following upgrades to the CBI Regulations, the country now offers one of the most secure and best-regulated investment migration offerings in the world.  

This means that international investors looking to hedge their bets in a stable and growing economy should look no further than St Kitts and Nevis. 

This extension is a fantastic opportunity for investors to obtain citizenship through the LTO. This is a final extension and from 1 February 2024, the minimum SGF contribution will increase to the amounts prior to the LTO period. 

The country is making sure that it has only the best to offer international entrepreneurs and families who have realised that global powerhouses are no longer illustrious investment options due to security risks. Investors want to ensure that they can safeguard their families and wealth in a global economy that has been offering nothing but uncertainty since the onset of the COVID-19 pandemic in 2020. 

Smaller governments such as that of St Kitts and Nevis have found ways, through CBI, to protect themselves from global shocks, offer favourable business policies aimed at growing corporations in international markets and, by using international funds channelled to the SGF, can diversify and grow their economy to meet global needs. 

St Kitts and Nevis continues to create a name for itself as a financial nexus in the Caribbean with an attractive CBI programme underpinned by a sound legal framework and robust multi-layered due diligence.    

For nearly 40 years, St Kitts and Nevis has been the pioneer of the global investor immigration industry and those who recognise this are taking advantage of the LTO. 

St Kitts and Nevis continues to create a name for itself as a financial nexus in the Caribbean with an attractive CBI programme underpinned by a sound legal framework and robust multi-layered due diligence.    

For nearly 40 years, St Kitts and Nevis has been the pioneer of the global investor immigration industry and those who recognise this are taking advantage of the LTO. 

Sustainable Energy From Ideas To Projects-Part 2

By Dr. Lorraine Sobers

News Americas, PORT-OF-SPAIN, Trinidad, June 29, 2023: Guyana has launched into the energy sector at an historic time as the world begins the energy transition away from predominant fossil fuels to increasing renewable energy use. Starting in 2015, the country rapidly scored several large offshore oil discoveries and is now steadily increasing oil production to exceed 1 million barrels of oil per day by 2027. There is an underlying urgency to produce as much as possible before the demand and possibly price of oil declines. But it is not all about producing as much oil as quickly as possible. According to reputable technical reports from the United Nations Framework Convention on Climate Change (UNFCCC), the survival of the planet is at stake.

In the simplest terms “sustainable energy” refers to energy generation that does not compromise the survival of the environment.

The Energy Chamber of Trinidad and Tobago recently hosted the Caribbean Sustainable Energy Conference, (CSEC), to discuss sustainable energy under the theme, “Ideas to Projects”. In continuing the discussion from last week, I will discuss the advancement of hydrogen as an alternative fuel and Carbon Capture and Storage (CCS) to reduce CO2 emissions.

Hydrogen is a clean fuel suitable for long distance transportation and heavy industries where wind and solar are insufficient. It can be stored in liquid form and is lighter than batteries or fossil fuels. Hydrogen is referred to by colors such as blue, green, grey or purple due to its origin and manufacturing process. Green hydrogen is produced by water electrolysis powered by renewable energy. This form of hydrogen was the basis of projects featured by several companies at CSEC. Recently Deloitte estimated that the green hydrogen market will be worth USD 1.4 trillion by 2050 with the demand for global hydrogen growing six-fold by 2050. Along with this expansion, 2 million jobs can be supported annually worldwide.

Picture of the Potaro River running across the Kaieteur National Park which sits in a section of the Amazon rainforest in the Potaro-Siparuni region of Guyana. (Photo by PATRICK FORT/AFP via Getty Images)

Natural gas can also be used to produce hydrogen by a process called steam reforming. However, this process emits CO2 which will have to be sequestered — stored in the subsurface or converted to useful products with carbon in permanent solid form — to be considered sustainable. With sequestering, the hydrogen produced is categorized as blue hydrogen, without it the hydrogen is labelled as grey hydrogen. Guyana has the potential to produce green, blue or grey hydrogen. Green hydrogen can be produced using hydropower or any other type of renewable energy. Either blue or grey hydrogen can be produced using excess natural gas brought to shore. As shipping vessels and possibly aircrafts begin to use hydrogen as fuel in the future, Guyana may be well positioned to supply green hydrogen for long distance transportation.

Carbon Capture Utilization and Storage (CCUS) is a large-scale solution for reducing CO2 emissions. Basically, CO2 is collected (captured) at the source of emissions. It can then be utilized in another process where the carbon atoms are integrated into a solid product such as concrete or plastic, permanently removing it from the atmosphere. Alternatively, it can be stored in the subsurface, deep underground by injecting it into saline (salt water) aquifers or depleted hydrocarbon reservoirs. This technology has been in use in the Sleipner Field, North Sea, offshore Norway for two decades. Continuous monitoring has shown that the injected CO2 is trapped within the rock pores. There is nothing new about CO2 being stored in the subsurface as this occurs naturally in Colorado and New Mexico, US for example. CO2 injection is not new to oil production operations; this process is used to enhance heavy oil recovery for over sixty years.

I was fortunate to be invited to speak on a panel at CSEC 2023. In my presentation I outlined three things Caribbean countries ought to consider before embarking on CCUS projects:

National Development Priorities

Developed countries, like Norway, which have energy, food and water security with adequate healthcare, education and infrastructure provided for citizens, are able to place CO2 emission reduction as a top priority. Typically, these countries also have decades of historically high emissions. It has been difficult for developing countries, with historically miniscule CO2 emissions, to fund climate adaptation projects and finance CO2 emission reduction projects. They are forced, however, to grapple with the effects of climate change as they face more extreme and frequent climatic events such as changing rainfall patterns, floods, drought and storms. Nevertheless, investing in CCUS technology and projects can increase revenue potential for offsetting carbon emissions or decarbonizing an activity or operation. In this way, CCUS can be viable and accepted in countries like Guyana.

 Public Awareness

Public awareness and acceptance are critical to the success of CCUS especially if pipeline transport on land is required. The general public and policy makers need to have a clear understanding of the science behind CCUS. They need to have confidence that CO2 can be safely captured, transported, injected and permanently stored. After conducting research on the engineering aspects of CCS, I spent almost 15 years writing and making presentations about CCUS to a wide audience that included economists, political scientists, investment bankers, social scientists, historians and project managers. I realized it was not enough to make technical presentations to engineers and geoscientists. I dedicated efforts to public awareness because I believe it is better to discuss the risks and rewards of CCUS before it becomes a contentious subject. In Guyana CCUS is not a front burner topic yet but it will come into focus as natural gas comes to shore.

Mission and Objectives for CCUS

A clear mission and objectives are needed for any project. It is important not to lose sight of the fundamental reasons for deploying CCUS in each particular national circumstance. CCUS can reduce CO2 emissions but in regions with a low carbon footprint, the emission reduction impact is negligible. Therefore, each project involving CCUS must be based on SMART (Specific, Measurable, Achievable, Relevant and Time-Bound) goals that tie into a broader vision and a clear mission that serves national interest. If this fundamental step is overlooked, and it can happen quite easily, projects may serve external demands with no real impact while jeopardizing urgent domestic needs.

Finally, in both developing and developed countries, hydrogen and CCUS projects are unique opportunities for the energy sector to establish new industries, create employment for environmentally conscious young professionals and provide impactful, innovative solutions for providing sustainable energy.

EDITOR’S NOTE: Dr. Lorraine Sobers is a Fulbright Scholar currently lecturing at The University of the West Indies, St. Augustine in the Petroleum Studies Unit. Dr. Sobers has 20 years’ experience in the energy sector specializing in Carbon Capture and Storage (CCS) and Enhanced Oil Recovery (EOR). She has a keen interest in using her technical expertise for the development of low carbon development policies. Dr. Sobers is a Fellow of the Caribbean Policy Consortium and a member of the Global Americans Global High-Level Working Group on Climate Change in the Caribbean.

Jo Mersa Marley’s Cause Of Death Is Revealed Months After Singer Was Found Dead

The content originally appeared on: Dance Hall Mag

Reggae singer Jo Mersa Marley died of an “acute asthma exacerbation” after being infected with rhinovirus or enterovirus, according to documents obtained by Rolling Stone on Tuesday (June 27).

The publication reported that Jo’s condition often presents as symptoms of the common cold, citing new details from the Miami-Dade Medical Examiner’s Office.

Jo Mersa, the son of Stephen Marley and grandson of Bob Marleydied on December 26 in Miami-Dade County at age 31.

According to Rolling Stone, a toxicology report detected the presence of THC, the chemical in marijuana, along with naloxone and 0.08% of ethanol in his body at the time of his death.

“Naloxone is commonly used to reverse an overdose by blocking the effects of opioids, but it is unclear at this time why the drug was found in Marley’s system,” they noted.

Jo Mersa had a history of asthma, bronchitis, and pneumonia and had not been taking his medication for his asthma diagnosis at the time of his death, according to the Examiner’s Office.

Their report also indicated that Jo had spoken to his mother Kerry-Ann Smith on Christmas Day, the day before his death, and “informed her he was feeling ill, ostensibly due to his asthma.”

Jo Mersa Marley

His body had no evidence of injury, though his lung showed signs of congestion, hyperexpansion, and increased mucus in its airwaves, along with “enlarged glottic tonsils” and black discoloration in his lungs, resulting from smoking.

“An acute asthma exacerbation due to viral illness is a common occurrence and considered a non-allergic event,” the report said. “Additionally, chronic smoking of combustible products such as tobacco or marijuana is dangerous in a person with asthma.”

On December 27, police reported that at about 10 p.m. on Dec. 26, officers from the Pinecrest Police Department arrived at a shopping center’s parking lot located at 11825 South Dixie Highway, finding Jo Mersa unconscious inside his vehicle.

Paramedics at the scene later determined that he had passed away.

Jo was interred at Nine Miles, St Ann, like his legendary grandfather, Bob Marley in January 2023.

In March 2023, several members of the Marley family paid tribute to Jo Mersa as they commemorated what would have been his 32nd birthday. 

He is survived by his wife Qiara, six-year-old daughter Sunshine, and 12 siblings.

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Shaggy Shares How US Marine Corps Training Shaped His Distinctive Voice

The content originally appeared on: Dance Hall Mag

Dancehall megastar Shaggy has shed light on how his time in the United States Marine Corps played an instrumental role in shaping his distinctive baritone voice.

His path to stardom took an unlikely turn when he enlisted in the Marines as a means of finding stability and escaping the challenges of his Flatbush, New York neighborhood. The decision, Shaggy explained, proved to be a crucial stepping stone in preparing him for the hurdles that lay ahead.

“The Marines was a good set up for everything that I was about to encounter in life that I didn’t know,” the 54-year-old remarked during an interview with Billboard.

“Drill instructors—they used to put these voice off and say ‘hey, boy! Drop and give me 20 boy!’ And I just used to mimic them because they would call me out to sing cadences. Little did I know that that was actually vocal training because I was singing from my gut and running three miles.”

He reminisced, “And so I wrote ‘Boombastic’ and they debuted it number 1. The first Reggae or Dancehall artist to debut on the British charts…”

Shaggy, who enlisted at the age of 18 in 1988, found himself deployed to Kuwait two years later as part of the Field Artillery Battery in the 10th Marine Regiment during the Persian Gulf War, commonly known as Operation Desert Storm.

The genesis of Boombastic, according to Shaggy, was pretty casual.

“The track came on and all I started to do was moaning, and out of that came a song. I would say the first couple of albums I wrote by myself without writing them on paper,” he explained.

Boombastic spent 29 weeks on the Billboard Hot 100, peaking at No. 3, and 17 weeks on the UK Singles chart, where it peaked at No. 1.

The song formed part of the entertainer’s third studio album of the same name, which earned him his first Grammy Award for Best Reggae Album. 

Boombastic (the single) is certified Platinum in the UK, for sales exceeding 600,000 units, and Platinum in the US, for sales exceeding 1,000,000 units.  The Boombastic album is certified Silver in the UK, for sales exceeding 60,000 units, and Platinum in the US, for sales exceeding 1,000,000 units.

Shaggy later released Best of Shaggy: The Boombastic Collection, a greatest hits compilation in 2008, which was certified gold in the United Kingdom (UK) on Friday, October 14, 2022, after it sold over 100,000 units.

The collection featured 19 songs from eight of his previous studio albums, including Boombastic and In the Summertime with Rayvon from Boombastic (1995), Angel and It Wasn’t Me from the multi-platinum Hot Shot (2001), Hey Sexy Lady and Strength Of A Woman from Lucky Day (2002), and Oh Carolina from Pure Pleasure (1993).

Meanwhile, the Grammy Award-winning singer added that he had his eyes set on musical success from as early as his childhood days. In fact, he was inspired by Dancehall veteran Yellowman.

“I saw Yellowman live at Skateland when I was a kid. Yellowman walked in, he sang a couple songs and he walked out and everybody in the dance walked out with him… I said, ‘that’s what I want.’”

It is safe to say that King Yellowman is also fond of Shaggy.

In during a 2020 interview with the Jamaica Star, he expressed his displeasure at Beenie Man’s remake of his iconic song, Zungguzungguguzungguzeng, noting that he would have preferred Shaggy or Sean Paul.

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Spice Says Carnival Is A Culture Experience, Crucial To Her Mental Health

The content originally appeared on: Dance Hall Mag

Spice might be the Queen of Dancehall, but she has recently revealed that the Carnival experience is crucial to her mental health.

Speaking to MTV for Caribbean American Heritage Month, the entertainer, whose given name is Grace Hamilton, said that the dormancy of Carnival during the pandemic had taken a toll on her. 

“…Of course, you know, my culture inna Jamaica mi love da Carnival deh because I get to be myself. I get to hear likkle Dancehall, and bruk out and gwaan real dirty. I love being on the truck and yuh hearing fast-paced rhythm; whether that be the baseline, the drum, the pattern, seeing the colourful people on the streets just enjoying themselves. I feel like it’s an experience where you get to just forget everything else that’s happening in your life and just have fun,” she reasoned. 

Added Spice: “I feel like if I’m gonna miss Carnival, I’m gonna miss a piece of me. So, when that was taken away when we were going through the pandemic, I was devastated. I couldn’t be able to see my fans, I couldn’t be able to have fun, I couldn’t get to embrace my culture…just the little things that we get to appreciate when it’s actually taken away and we realise that, ‘woah! This was really playing a big role in my life, and my lifestyle, and happiness, and my joy.’”

The Jamaica Carnival experience culminated on April 16. A handful of international celebrities such as Omarion, Chance The Rapper and Winnie Harlow turned out to enjoy the festivities across the different bands. 

Earlier in the episode, Spice noted that Carnival evokes doses of dopamine in revelers.

“Carnival, I would say, it’s the best experience being on the streets just partying, listening to music, having fun in your costume with feathers and colours, the ambiance, the vibe gyrating the waistline…” 

“I feel like Carnival fits into my personal wellness because it’s something I look forward to. It changes your mood, it changes your mindset. I feel like it definitely helps with mental health issues and getting people back into a place where they feel happy. When you get to go to Carnival, it’s just super important for you to represent the culture. So people from all over the world; whether they’re going to fly into Trinidad, Jamaica…wherever in the Caribbean that has a Carnival event. You’re going there to get a cultural experience,” the So Mi Like It singer said.

Trinidad Carnival was also a movie. Queen of Rap Nicki Minaj was live on the scene along with London deejay Skeng. During her visit to her home island, Minaj had also taken the opportunity to promote one of her latest tracks—Red Ruby Da Sleeze, which samples the renowned Diwali Riddim.

Meanwhile, Spice added that she had had loads of fun at international Carnivals and gave an anecdote about one such instance. 

“I performed at the Red Bull Carnival in the UK, and we had to shut the venue down because it was sold out. Seeing my British fans in the UK just going crazy at my performance and the energy, I was climbing up the speaker boxes and giving them the real experience,” she said.

The Go Down Deh singer also addressed the healing qualities of music and she took the opportunity to hail Bob Marley for the example he set in that arena. She also likened this to the impact that her 2018 track, Black Hypocrisy, had on her audience as she aimed to tackle colourism.

“When you speak about the Caribbean, you have to talk about Bob Marley…how he was able to heal the world and join the world together with love through his music. I remember vividly when I did Black Hypocrisy, how I was able to heal a lot of Black women who was hurt, and broken and going through colorism. They were bleaching; they were trying to become lighter. It was to create awareness through my song,” she said.

The official music video for Black Hypocrisy has reached over 6.4 million views on YouTube since its release. The entertainer has always been passionate about speaking on the matter of colorism.

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