The Investment Migration Knowledge Platform
Saint Kitts & Nevis, Saint Lucia, and Cyprus become the latest citizenship by investment jurisdictions to announce adaptive measures in the face of the crisis.
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Grenada goes 100% digital in response to coronavirus crisis, while Antigua’s CIP slashes the price of adding dependents to already-approved applications.
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Statelessness showed up on the CIP-world’s radar as Antigua & Barbuda’s CIP explores the possibility of making such people eligible. How big is the issue?
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Following the circulation of news articles in Grenada, Range Developments say they are once more the target of false claims made in public.
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Irani, Sudanese, and North Korean nationals who haven’t spent the last ten years outside their home countries are now ineligible to apply for Dominica’s CIP.
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But agents question whether anyone will actually get to enjoy those elevated commissions, considering the high case volumes they would require.
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A sharp uptick in real estate investment and drastically improved processing saw the program raise EC$166 million in 2019, 13% more than its 2018 record.
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Antigua’s CIP saw revenues rise prodigiously on the year, but the PM worries an Indian fugitive is imperiling one of the country’s biggest income sources.
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As Saint Lucia’s first CBI-approved project breaks ground, the project’s developer promises delivery in 2-3 years. There’s reason to question that estimate.
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Seven countries that either have or are considering a citizenship by investment program will go to the polls in 2020. Here’s how it can affect the market.
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The IMF recommends deeper regional cooperation on citizenship by investment as a means of keeping skepticism about such programs at bay.
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The recently released six-month report on the Antigua & Barbuda CIP shows applications in H1 2019 are down by 40% compared to H2 2018.
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A video recorded by a passer-by shows Chinese workers blocking a public road. The protesters reportedly told onlookers they were on strike over non-payment.
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Two in-principle unrelated matters – diplomatic passports and CBI programs – are being conflated to the detriment of the Caribbean, writes Carlyle Rogers.
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Cited by five times as many firms as the next CIU on the list, the Dominica CIU stood out for its efficiency in processing, likely thanks to automation.
Read more“We don’t ever want to become dependent on CIP,” emphasized Chastanet, who also confirmed OECD had given the country’s tax residency plans the green light.
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Saint Lucia’s CIP is growing, but not as fast as some of its neighbors, a state of affairs its head of CIU attributes to the market’s price sensitivity
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Grenada is simplifying documentation requirements, re-structuring the procedural steps, and implementing automated solutions to catalyze their processing.
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Dominica – which also goes by the moniker “Nature’s Isle” – is becoming the CBI-world’s poster-child for sustainable development.
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While investor appetite for Grenada’s CIP is rising quickly, the program’s authority appears uninterested in evaluating its suitors.
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