St Kitts and Nevis: St Kitts and Nevis has now revealed its new digital portal: “Saturn” under its Citizenship by Investment (CIU) Unit. It will contribute transparency within the industry, with applicants, agents, and other authorized third parties able to live monitor the status of their applications.
According to reports, this new software will change the operations in CIU by enabling it to respond to the global investment market at a greater speed and efficiency. It will also help propel St Kitts and Nevis to higher international standards, making the Federation a techno-centric, progressive, and innovation-driven country.
Moreover, the CIU will leverage this new platform to centralize and automate its internal processes and minimize the handling of data manually. Saturn will also use a single, secure channel for all communications into and out of the unit, giving far more control, consistency and integrity to the application process.
Calvin St Juste, Executive Chairman of the CIU Board of Governors, said that Saturn will greatly transform the application procedure, monitoring and administration of the same. He further added that this new application would not just serve as a technological upgrade, but that it would also serve as a wider pledge to constant innovation, security, and customer-centric service delivery.
Saturn: Key Features and Benefits
- Streamlined Operations: Drastic decrease in manual data handling and paperwork.
- Centralized Communication: A single, secure point of communication in and out of the Unit to reduce human interaction.
- Live Application Monitoring: Status updates in real-time bring more transparency.
- Query Management: Move from a paper-based system to fully paperless digital queries.
- Visibility of Audit Trail: Better analytics with tracking and reconciliation.
- Fresh User Interface: More modern, visually appealing and intuitive experience.
- Tightened Risk Management: Stricter controls that help mitigate risk.
- Quicker Processing Times: Streamlined processes that improve speed from top to bottom.
- More Stringent Data Protection: Comply internationally (GDPR, etc.).
- Holistic Client Support: Voice, Whastapp, and e-mail.
