100,000+ Caribbean CBI Passports Since 2014, Rich EU Data Set Reveals
Ahmad Abbas
December 10, 2024
Caribbean CIPs have registered 59,258 applications since 2014. Chinese investors drop out of top spot in 2023-2024
Category: Caribbean
St Kitts PM in Letter to Underpaying CBI Citizen: Pay the Difference or Lose Citizenship
Ahmad Abbas
December 4, 2024
St Kitts tells CBI citizen who bought at discount to pay the difference by the end of the month or lose citizenship.
Saint Lucia Revokes Citizenship of Convicted Chinese Money Launderer
Moustafa Daly
November 27, 2024
Saint Lucia stripped Junjie Su of his citizenship after he was convicted of money laundering and sentenced to 14 months in prison
Saint Kitts PM Labels MSR’s Martinez an Extortionist
Ahmad Abbas
November 23, 2024
PM Drew says individuals representing Martinez told him directly to pay “$40-$100 million to make the case go away.”
St Kitts “Deactivates” Passport of Chinese National Facing 20 Years for Money Laundering
Ahmad Abbas
November 18, 2024
Months after launching the continuous due diligence unit, Saint Kitts & Nevis deactivates crypto scammer’s passport.
Q3 Processing Surge Propels Grenada CIP Toward Record Revenue Even as Application Volume Craters
Christian Henrik Nesheim
October 31, 2024
While applications were down (71%) on the year in Q3, revenues are heading for all-time highs thanks to record processing efficiency.
St Kitts & Nevis Lowers Real Estate Investment Thresholds Amid Other Changes
Ahmad Abbas
October 30, 2024
Facing 60% revenue free-fall, St Kitts launches aggressive CIP rescue plan: lower real estate investments and expanded dependent rules.
St Lucia CIP Registers 85% Growth, Real Estate Claims 70% of Applications
Christian Henrik Nesheim
October 24, 2024
One developer dominates St. Lucia’s CIP: Caribbean Galaxy’s Canelles Resort secured all 751 real estate applications worth US$203M.
PM Drew Admits St Kitts Risked Losing EU Access Before Reforms Decimated CBI Revenues
Ahmad Abbas
October 19, 2024
PM Drew: “Ill-conceived Prison Project issued tens of thousands of citizenships,” which put EU and UK visa-free access in “grave jeopardy.”
All-Time High: Antigua & Barbuda CBI Application Volume Up 205% Year-on-Year in H1 2024
Ahmad Abbas
October 19, 2024
Antigua & Barbuda’s brinkmanship on MoA implementation, which saw it remain the cheapest Caribbean CIP for a month, appears to have paid off.
St Vincent Opposition Promises Citizenship by Investment Program (Again)
Ahmad Abbas
October 16, 2024
Could 2025 be the year St Vincent finally joins the CBI club? Opposition promises program if elected, challenging PM’s enduring objection.
Opposition Challenges Dominica’s “Billion-Dollar” Citizenship Program as PM Skerrit Fires Back
Ahmad Abbas
October 6, 2024
Skerrit: CIP shutdown risks “dislocation.” Linton: Skerrit’s claim “deliberately misleading” and “disingenuous.”
Dominica CBI Revenues at 37% of GDP: IMF Warns of “Over-Reliance”
Ahmad Abbas
September 30, 2024
CBI revenues of US$232 million helped fund Dominica’s geothermal plant and airport, accelerating national infrastructure development.
Passport Potpourri: A Global Citizenship Digest
Ahmad Abbas
September 29, 2024
Opposition leaders seek to reclaim ‘the people’s money’ in Caribbean CIP lawsuit. Campaign for Italy citizenship reform gains momentum.
New Regulator to Reshape Caribbean CBI Industry for the Better
Kemal Nicholson
September 28, 2024
The new CBI regulator aims to balance economic needs with compliance, tradition with progress, and national interests with global demands.
St Kitts & Nevis Launches Expansive Probe into CIP Irregularities Pre-Dating Reforms
Ahmad Abbas
September 22, 2024
A foreign Special Prosecutor will lead the St Kitts CBI probe, PM Drew pledges full government backing and no “interference.”
St Lucia Backdates CIP Enterprise Approvals, Sparks Opposition’s Ire
Ahmad Abbas
September 15, 2024
CIP Board reveals: Three major projects, including Galaxy’s, operated for years without official gazetting despite government approval.
Michael Martin Resigns as St. Kitts and Nevis CIU CEO
Ahmad Abbas
September 11, 2024
St. Kitts and Nevis CIU CEO Michael Martin resigns. Government claims to have received 1,000 applications for the position.
Caribbean to Appoint Joint CBI Regulator Following 3rd Meeting With US Treasury
Ahmad Abbas
September 7, 2024
Caribbean CBI countries have implemented four of six US-proposed principles. Two remain as nations prepare for new oversight.
Grenada Investigates Heng Sheng for Alleged Discounts
Ahmad Abbas
September 3, 2024
IMA warns of license revocations and citizenship cancellations as Grenada cracks down on CBI marketing firm’s alleged discounts