On Tuesday, Grenada’s Minister of International Business, Nickolas Steele, indicated during a press briefing that the government would produce a list of names both of diplomatic passport-holders and of individuals who had received a passport through the Citizenship by Investment Programme. The Citizenship by Investment Committee of Grenada today issued a statement indicating Minister Steele had misspoken.
While most observers of the industry welcomed the announcement to name the diplomats, some raised questions about the decision to also name CIP-investors, many of whom hail from countries that don’t recognize dual citizenship and who have entered into the program with the understanding that their participation would remain a private matter.
See the full statement below:
Christian Henrik Nesheim is the founder and editor of Investment Migration Insider, the #1 magazine – online or offline – for residency and citizenship by investment. He is an internationally recognized expert, speaker, documentary producer, and writer on the subject of investment migration, whose work is cited in the Economist, Bloomberg, Fortune, Forbes, Newsweek, and Business Insider. Norwegian by birth, Christian has spent the last 14 years in the United States, China, and Spain.