An IMGW News Report
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Latitude Consultancy has issued a statement dated 7 April 2025, firmly denying allegations by the Government of Saint Kitts and Nevis and its Citizenship by Investment Unit (CIU). The company criticised the CIU for making the public accusation ahead of the agreed deadline of 11 April, raising concerns over fairness and intent.
Latitude said it is preparing “a robust legal and strategic response” and remains “committed to cooperating with any credible inquiry”. It also reaffirmed its commitment to the integrity of the investment migration industry.
IMGW is still awaiting comments from H.E. Calvin St. Juste, Executive Chairman of the Board of Governors of the CIU of Saint Kitts and Nevis.
The Citizenship by Investment Unit (CIU) of St Kitts & Nevis has placed leading investment migration firms Latitude and RIF Trust on its official blacklist, as confirmed on the CIUβs website. The Unit alleges that both firms violated its marketing and promotion standards.
The development comes alongside the revocation of 13 citizenships under the countryβs investment programme, as the CIU intensifies its efforts to uphold compliance and safeguard the reputation of the scheme.
Contacted by the IMGW Newsroom, Mimoun Assraoui, Group CEO of RIF Trust, stated: “RIF Trust denies any wrongdoing, and we will vigorously defend our corporate integrity within the deadline of April 11th specified by the CIU.”
In its response to IMGW, Latitude stated that it “categorically denies the allegations” made against the company. The firm said it had not been given a fair opportunity to respond, noting that while the CIU had set a deadline of April 11th for its reply, the public accusation was issued in advance. Latitude added that it is preparing a comprehensive legal and strategic response and remains committed to defending its reputation and the trust of its clients and partners.
