24.1 C
Basseterre
Monday, January 30, 2023
HomeNewsLocal NewsCBI Dividend application deadline is Dec. 31, 2022

CBI Dividend application deadline is Dec. 31, 2022

spot_img

By Devonne Cornelius

St. Kitts and Nevis (WINN): Contributors to the social security fund in St. Kitts and Nevis have up until Saturday, December 31, 2022, to submit an application for the Citizenship By Investment (CBI) Dividend Payment. 

That is according to a statement issued by the St. Christopher and Nevis Social Security Board’s public relations department. 

“Recipients include members of the private and public sector including government pensioners, social security pensioners, statutory bodies, and others. Payments continue to be made daily and will continue into the New Year,” the statement said, adding that “all applications received by the deadline will be honoured.”

Social Security said, “this level of scrutiny is required to ensure that funds are disbursed to the right persons in their respective accounts.  Contributors to Social Security who reside overseas may upload a picture of the ID  Page of a valid Passport where no Social Security Card is available.  In a case where there is no local bank account, claimants may assign a local payee through whose account the payment can be made. Please refer to the website www.socialsecurity.kn and follow instructions for this to be done.”

When making your application via the online portal, please ensure that the name provided matches that listed on the bank account. People who have made between one and 499 contributions to the social security fund would receive $250 while those who have made more than 500 contributions would receive $500. 

If for any reason an application is duplicated, it does not mean you will be disqualified from receiving payment. Social security says your application will be placed in a query pool for verification purposes. 

CBI Dividend is an initiative funded by the government of St Kitts and Nevis with payments facilitated by the Social Security Board. To date, more than 18,000 people have received a payment. 

 

spot_img
spot_img

Most Popular

spot_img
Advertisement
Contact a Program
If you are interested in a program or advertising, send us a message.
Send Message
Signup for our Newsletter
We'll only be in touch when we've something exciting to share.
We never share your details
No thanks
Subscribe