Premier Mark Brantley has yet to receive formal documentation regarding Nevis’ portion of the Citizenship by Investment (CBI) program proceeds, highlighting the continued uncertainty surrounding the island’s financial standing within the federation of St. Kitts and Nevis.
Speaking at a recent press conference, Brantley shared that Prime Minister Dr. Terrance Drew had informed him weeks ago that a report on CBI revenue allocation had been obtained. However, despite repeated requests, Brantley has not yet seen the document.
“I have not yet received a copy of the report,” he stated. “I have indicated to the Prime Minister that my team in Nevis must also have the opportunity to review and analyze it. But as of today, I still do not have access to the document that he claims is available.”
Brantley reiterated that the conversation about Nevis’ share of national revenues is not just about money but about ensuring the island has the resources and opportunities it deserves. He pointed out that the concept of a “fair share” is rooted in the Charlestown Accord, an agreement that outlined financial allocations for Nevis based on its population. However, since that agreement was established under the former Team Unity government, it is not legally binding on the current administration.
“I cannot accuse Prime Minister Drew of reneging on a commitment because I have no evidence that he ever made one,” Brantley acknowledged. “There is no binding document specifying what Nevis should receive.”
Under the previous administration of Dr. Timothy Harris, Nevis received only interim payments of $2 million per month, later increased to $4 million, despite the CBI program generating hundreds of millions annually. Brantley argued that these figures reflect an ongoing imbalance in revenue distribution between the two islands.
Beyond financial allocations, Brantley noted that Prime Minister Drew has demonstrated some willingness to share resources, as Nevis has received 25% of international funding from friendly governments. However, the total sum of nearly US$2 million remains a modest contribution compared to the island’s developmental needs.
The continued discussions over CBI revenue reinforce the broader question of Nevis’ future. While leaders debate what constitutes a “fair share,” it is clear that Nevis must have greater control over its financial and economic affairs. Rather than continuously negotiating for allocations, Brantley has suggested that Nevisians should consider long-term solutions that ensure the island’s economic stability and growth.
Brantley has long advocated for Nevisians to have greater representation on the national stage, emphasizing that financial fairness is about more than just monetary allocations—it is about ensuring Nevisians have a say in their own development. While the current discussions center on CBI revenue, they also raise important questions about Nevis’ role in the federation and whether greater autonomy would provide the island with more security and prosperity.
As the conversation about revenue-sharing continues, the people of Nevis may need to reflect on the best path forward—not just in securing a fairer distribution of resources but in determining what kind of future they want for the island.
