Antigua PM: Crypto-Payments Will be “Very Important” for Overcoming Banking Issues in Caribbean

Cryptocurrency will be “very important” for overcoming banking issues, lack of progress on harmonization may be due to inertia, and new CIP competition from Europe is ultimately a good thing, Prime Minister Gaston Browne of Antigua & Barbuda told Investment Migration Insider in Davos.

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Apex’ Kenny Green: Without CIP-Unity, Caribbean Economies Will Not Survive

This article was contributed by Kenny Green, Managing Director of Apex Capital in Dominica. All for one and one for all, united we stand divided we fall. This quote, attributed to Alexandre Dumas as used in the novel the Three Musketeers, aptly describes the challenge we face in the Caribbean. The economic survival of the small

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US Govt. Would Favor Caribbean CIP Unification, Says Saint Lucia’s PM Chastanet

Saint Lucia’s Prime Minister Chastanet responded to American concerns about his country’s CIP by reiterating calls for Caribbean CIP harmonization. In its annual International Narcotics Control Strategy Report issued this week, the US government cited concerns about political influence over the Saint Lucia Citizenship by Investment Program, as well as exposure to local corruption. Responding to

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PM Skerrit in Interview: CIP-Countries Working on Price Agreement, Deeper Integration

Dominica’s Prime Minister Roosevelt Skerrit sat down with Investment Migration Insider to talk about how instrumental the Citizenship by Investment Programme has been to the country’s recovery efforts following last year’s hurricanes (which he calls “literally, a lifesaver”), how he expects the five CIP-countries in the Caribbean to agree on closer cooperation regarding information sharing

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OECS Should Run Caribbean CIPs, Says Saint Lucia PM Chastanet

Prime Minister Allen Chastanet of Saint Lucia, home to the Caribbean’s youngest citizenship by investment program (CIP), favors the concept of ceding local control and administration of the region’s CIPs to the Organization of Eastern Caribbean States (OECS), according to an article in the Saint Lucia Times. Chastanet, together with Prime Minister of Dominica, Roosevelt

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OECS PMs To Sign MoU on CIP Cooperation – “No Race to the Bottom” Says Skerrit

Just hours before we were scheduled to meet Prime Minister Skerrit for an interview in his office in Roseau, Dominica, word reached us that the PMs of the Caribbean CIP-countries are moving toward signing a Memorandum of Understanding on closer cooperation between the Citizenship by Investment Units on matters related to information sharing as well

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Watch: Caribbean CIPs Should Have a Single Processing Unit, says Former Head of Antigua CIU, Thomas Anthony

In an exclusive interview with Investment Migration Insider, Thomas Anthony, head of Exiger’s Immigration, Citizenship, and Visa Practice, and former head of the Antigua & Barbuda Citizenship by Investment Unit (CIU) laments the absence of a price agreement among Caribbean Citizenship by Investment Programs (CIPs) and urges further integration among the programs, going so far as to

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All I Want for Christmas is a CIP Accord in the Caribbean: 5 Reasons to End the Price War

Opinion of the editor: December is already upon us, and although reports surfaced ten days ago of the Caribbean heads of state convening to tackle the “race to the bottom” among citizenship by investment programs, we have yet to see so much as a statement confirming that the meeting even took place. I’m about as

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All Five Prime Ministers of Caribbean CIP Countries Meeting to Discuss Price War This Week

An industry source who wishes to remain incognito has confirmed that the prime ministers of all five Caribbean countries that have citizenship by investment programs will be meeting this week in an effort to contain the recent price competition. The source further confirms that all five CIP countries will adopt a common standard for reporting

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Carib. Politicians’ View of CBI is “Let’s Get as Much as We Can Until it Ends” Says Thomas Anthony

During an on-camera interview with Investment Migration Insider, the full version of which will be published in the coming weeks, Thomas Anthony – Deputy Head of Exiger’s Immigration, Citizenship, and Visa Practice, as well as former head of the Antigua & Barbuda Citizenship by Investment Unit – calls for turning the Caribbean citizenship by investment

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Interview: New Head of Saint Lucia CIU – Caribbean Leaders “Extremely Concerned” About Correspondent Banking

Saint Lucia CIU-head Nestor Alfred speaks to Investment Migration Insider on the correspondent banking issue, how CIP-harmonization is progressing, and how he thinks Saint Lucia can gain market share quickly. Our readers are the best-informed professionals in the investment migration industry. We keep an eye on everything that moves in the CBI and RBI industry so

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The Cost of Hurricanes – Why Now is the Best Time for Caribbean CIPs to Form a Cartel, by Stephane Tajick

Contributed by Stephane Tajick This year has been particularly destructive for the Caribbean, with two devastating Category 5 hurricanes sweeping in from the Atlantic. Until the arrival of Hurricane Matthew in 2016, close to a decade had passed since the terrible years of 2003 to 2007, when eight Category 5 hurricanes destroyed everything in their

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One commission to rule them all: Caribbean moves a step closer to CIP harmonization

Antiguan Prime Minister Gaston Browne Tuesday told reporters that OECS-country leaders recently agreed in principle to establish a commission that will govern the region’s citizenship by investment programs. Proponents of CIPs have long made calls for so-called program harmonization – coordination of due diligence practices, information sharing, documentation requirements and so on – in the

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IMF advises further integration among Caribbean CIPs

Following discussions with the six member states of the Eastern Caribbean Currency Union (ECCU) – five of which have citizenship by investment programs – the IMF’s Executive Board recommends closer cooperation between the region’s CIPs as a solution to falling revenues and as a means to mitigate reputational risk, according to a press release. Suggesting that

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Caribbean CIPs meet to explore path to unification

Representatives from the five Caribbean Citizenship by Investment Programmes (CIPs) convened yesterday in Saint Lucia in a meeting orchestrated by the Organization of Eastern Caribbean States (OECS) to “explore opportunities for increased collaboration and harmonization of due diligence processes”, according to a press release. Perceived by many as a first step on the path toward

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