caribbean Archives - Investment Migration Insider

Cyprus Govt. Calls For Fast-Track Processing, St Kitts, St Lucia CIPs Go Fully Digital

March 31, 2020March 31, 2020 Editor caribbean, cbi, cip, citizenship by investment, ciu, club, coronavirus, cyprus, europe, policy updates, saint kitts and nevis, saint lucia

Saint Kitts & Nevis, Saint Lucia, and Cyprus become the latest citizenship by investment jurisdictions to announce adaptive measures in the face of the crisis.

Caribbean Policy Updates

Grenada CIP Fully Digitizes Applications, Antigua Offers Discounts for Post-Hoc Dependents

March 26, 2020March 26, 2020 Editor antigua & barbuda, caribbean, cbi, cip, citizenship by investment, club, dependents, grenada, policy updates

Grenada goes 100% digital in response to coronavirus crisis, while Antigua’s CIP slashes the price of adding dependents to already-approved applications.

Caribbean Interviews

15 Million Stateless Individuals – An Interview With Kristy A. Belton

March 17, 2020March 17, 2020 Editor caribbean, club, ed kennedy, interview, kristy belton, statelessness

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?

Caribbean Vice

Range Developments: Circulation of False Claims Are “Morally Reprehensible”

March 13, 2020March 13, 2020 Editor caribbean, cbi, cip, citizenship by investment, club, fake news, grenada, mohammed asaria, range developments, real estate, rupert wright, statement, zampolli

Following the circulation of news articles in Grenada, Range Developments say they are once more the target of false claims made in public.

Caribbean Policy Updates

Dominica CIP Tightens Due Diligence, Bars Some Nationals From Applying

March 2, 2020March 2, 2020 Editor ahmad abbas, caribbean, cbi, cip, citizenship by investment, club, dominica, due diligence, policy updates

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.

Caribbean Policy Updates

Saint Lucia CIP Boosts Commissions: High-Volume Agents Get up to 20%

February 1, 2020March 12, 2020 Editor caribbean, cbi, cip, citizenship by investment, club, commissions, nestor alfred, policy update, policy updates, saint lucia

But agents question whether anyone will actually get to enjoy those elevated commissions, considering the high case volumes they would require.

Caribbean Editor's Picks Intel & Data

2019 a Record Year for Grenada CIP: Real Estate Outpaces Donations For the First Time in 4 Years

January 30, 2020January 30, 2020 Editor caribbean, cbi, cip, citizenship by investment, club, data, grenada, real estate, statistics

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.

Caribbean

Antigua’s CIP-Revenue Surges 66% in 2019, But PM Says Choksi is “Ruining” the Program’s Image

January 26, 2020January 26, 2020 Editor caribbean, cbi, choksi, cip, citizenship by investment, club, gaston browne

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.

Caribbean

Saint Lucia’s First CIP-Project Breaks Ground, Galaxy Developers Promise Opening in “2-3 Years”

January 21, 2020January 21, 2020 Editor caribbean, cbi, cip, citizenship by investment, club, galaxy, real estate, saint lucia

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.

Caribbean

Seven Elections That Could Affect the CIP-Market This Year

January 20, 2020January 20, 2020 Editor caribbean, cbi, cip, citizenship by investment, club, ed kennedy, election, politics

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.

Caribbean

IMF to ECCU: Caribbean CBI Collaboration Could Reduce Negative Perceptions

January 10, 2020January 10, 2020 Editor caribbean, Caribbean CIP unification, cbi, cip, citizenship by investment, club, harmonization, imf, integration

The IMF recommends deeper regional cooperation on citizenship by investment as a means of keeping skepticism about such programs at bay.

Caribbean Intel & Data

Antigua CIP H1 2019 Data: Applications Dip, 97% Pick Contribution Option

January 3, 2020January 8, 2020 Editor antigua and barbuda, caribbean, cbi, cip, citizenship by investment, ciu, club, data, statistics

The recently released six-month report on the Antigua & Barbuda CIP shows applications in H1 2019 are down by 40% compared to H2 2018.

81% of IM Executives Say There Are Too Many Small, Unprofessional RCBI Firms

November 27, 2019November 27, 2019 Editor caribbean, Caribbean CIP unification, club, data, executive survey, intelligence, statistics, survey

Executives disagreed on the proper price for Caribbean CIPs and the merits of unification, while most hoped for governments to tackle a glut of amateurs.

Caribbean

Saint Lucia PM Confirms Non-Dom Tax Residency Program Going Ahead

November 20, 2019November 20, 2019 Editor caribbean, cbi, chastanet, cip, citizenship by investment, club, non-dom, saint lucia, tax residency

“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.

Caribbean Intel & Data

Revenues More Than Double for Saint Lucia CIP in 2018-19, But Approval Volume Remains Stable

November 14, 2019November 14, 2019 Editor caribbean, cbi, cip, citizenship by investment, ciu, club, data, nestor alfred, saint lucia, statistics

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

Caribbean Editor's Picks Policy Updates

Grenada CIP Revamps Application Procedures to “Drastically Reduce Processing Times”

November 6, 2019November 6, 2019 Editor caribbean, cbi, cip, citizenship by investment, ciu, club, percival clouden, policy updates, processing, processing times

Grenada is simplifying documentation requirements, re-structuring the procedural steps, and implementing automated solutions to catalyze their processing.

Caribbean Intel & Data

Grenada CIP Case Handling Grinds to a Halt in Q3; Average of 7 Applications Processed a Month

October 24, 2019October 31, 2019 Editor caribbean, cbi, cip, citizenship by investment, ciu, club, grenada, processing, processing times

While investor appetite for Grenada’s CIP is rising quickly, the program’s authority appears uninterested in evaluating its suitors.

Caribbean

The Cost of Granting Citizenship to Newborns When the Rest of the Family Already Have It

October 17, 2019March 26, 2020 Editor additional dependents, caribbean, cbi, cip, citizenship by investment, club, cost, dependents, ed kennedy, policy, price

You spent a lot of money and time to get citizenship for your family. Now, a new child is expected. What will it cost to give your newborn a citizenship?