Dominica has now enshrined most of the “6 CBI Principles” in regulation, and prohibits name changes. Antigua offers a Q&A on CBI interviews.
The Minister admits to have spoken out of turn: Russians, Belarusians, Iranians, and North Koreans remain banned from the Grenada CIP.
Minister Thomas said the CBI program is once more open to applicants of any nationality, the 4th such policy change in under two years.
The owner of a well-known Dominica CBI property is charged, along with a friend, with double homicide and faces a potential death sentence.
Saint Kitts officials claim the refund-troubles arose from decisions of the former administration. That is not true, writes Maxim Zharkov.
“We have incontrovertible evidence of corruption, and we are going after everyone,” says Martinez about his plans for suing in US court.
In an exclusive interview with IMI, St. Kitts & Nevis CIU boss Michael Martin chalks up the delayed refunds to “budgetary adjustments.”
Individuals denied citizenship despite paying for it will finally get their money back.
2023 is, by any measure, already a year of extreme records for Grenada. And that’s before the CIU has processed its backlog worth US$450m.
Two-thirds of recent capital projects at Grenada’s Ministry of Social Development and Housing were directly financed by the program.
Despite gaining approvals and making donations, applicants were retroactively rejected due to their nationalities and are not being refunded.
While it was always assumed Russian applicants had driven the program’s meteoric rise, the extent of their impact is only now becoming known.
The remaining Caribbean CIPs have three ways to respond: James Nuveen explores the potential implications of each type of reaction.
The question on everyone’s mind is if other Caribbean CIPs will raise prices like Saint Kitts. IMI contacted each to get an answer.
With half a year to spare, Grenada’s CIP has already set a new annual revenue record of EC$573m, two-thirds of it in the form of real estate.
Develop or get de-certified. That is the message Grenada’s CIU is sending approved real estate developers with this round of culling.
Minimum investment doubled in most categories; in-person document collection; new limits on marketing methods; all effective immediately.
One prime minister of a Caribbean CBI country who had attended the meeting, Gonsalves said, told him that “it’s the end of the road.”
Kittitian PM Terrance Drew reports that during a recent summit in Brussels, the EU agreed to form a committee with OECS on the CBI question.
Agents with Iranian clients last week scrambled to submit files before Dominica’s introduction of “enhanced due diligence” fees on Monday.