“We Didn’t Have Much of a Choice”: St. Lucia CIU Boss on Suspension of Russian CIP Applicants
“We, fundamentally, have no issue accepting Russians,” says Saint Lucia CIU head Mc Claude Emmanuel in an exclusive interview with IMI.
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caribbean
To Keep Its CIPs and Economies Alive, The Caribbean Must be Pragmatic
“The idea that some magical switch can be pressed to make our economies more palatable [to the West] is a myth,” writes Kenneth Green.
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Strong-Arming Caribbean CIPs to Exclude Russians is Absurd, Unjust, and Unworthy
Caribbean CIPs are forced to fall in line with the demands of the bigger countries or face sanctions themselves, writes Nuri Katz.
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Saint Lucia Citizenship by Investment Program Re-Opens to Iranians
The program’s due diligence partners has assured the CIU that they are once more able to conduct adequate due diligence in Iran.
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Dominica CIP’s New Real Estate Fees and Dependents Definitions to Take Effect Next Week
No more sibling dependents, age restrictions on older dependents, and education requirements for adult children (unless unmarried daughters).
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In Cryptic Circular, Antigua & Barbuda CIU Re-Suspends Applications from Russians
Russians and Belarusians are excluded again. The suspension, moreover, will have retroactive effect, going back three weeks.
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Why Application Volume for Grenada’s Citizenship Program Has Grown 6 Years in a Row
Six consecutive years of growth and thousands of satisfied citizenship by investment clients bear testament to the program’s unique qualities.
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Q3 CBI Agents Update: Two More Agents Blacklisted in Caribbean, 15 New Licensees Globally
The global number of CBI agents is growing at a decent clip again. Both Dominica and Saint Kitts & Nevis add to their CBI agent blacklists.
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Antigua CIU Engaging EU to “Avert Overall Shutdown of the Sector”, Laments Lack of Regional Cooperation
Antigua & Barbuda’s information minister says his government has offered to let the EU audit the citizenship by investment program.
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Panama Independent Means Visa Approvals Surge in 2022, Investor Visa Interest Dips Further
Panama’s independent means visas could reach all-time highs this year, while the Friendly Nations Visa is losing its luster, now that it requires an investment.
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Grenada’s New PM: EU, US “Find Ways to Try to Counteract” CBI Programs to Prevent Caribbean Development
The new PM also chides his predecessor for having spent CBI funds on ordinary government expenditure and hints at a shakeup at the CIU.
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Antigua & Barbuda Becomes 2nd Caribbean CBI Country to Re-Open for Russian, Belarusian Applicants
Ukrainians – in a grimly ironic twist – remain excluded from the program because of the very belligerence to which they have fallen prey.
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Secret Bay, The Gold Standard for Citizenship by Investment Opportunities, Exceeds ROI Forecasts by 40%+
The Residences at Secret Bay exceeded ROI forecasts for the first quarter of 2022 and is paying its owners 40%+ more than projected.
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FY2021 Was Multi-Record Year for Saint Lucia CIP: Real Estate Biggest Earner, US Applicants Up 10x
Applications, approvals, passport issuances, and investment all more than doubled and set all-time highs. US applicant approvals rose 900%.
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Dominica’s Secret Bay Celebrates 10-Years, Gets Praise for Bringing Luxury Hospitality to the Island
“Secret Bay has helped us tap into our true potential as a nature haven,” said Dominica’s Prime Minister Roosevelt Skerrit during his address.
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Antigua PM: Some CBI Developer Business Models “Usurious”, “Vulgar” in Structure
“You have to incentivize them so heavily that the net amounts received by the governments would be reduced considerably,” said PM Browne.
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Saint Kitts & Nevis PM Persists in Withholding CBI Data, Even From His Own Cabinet, Says Special Report
PM Harris declined to share the financial data even as his cabinet ministers threatened, and eventually brought, a motion of no confidence.
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Grenada CIP Momentum Continues in 2022, Another Record Year Likely, Q1 Figures Indicate
Grenada raised some EC$90m during the first quarter of the year, two-thirds of it from real estate investors, hinting at another record year.
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Dominica Bans Syrians, Kurds from Applying for Citizenship by Investment Program
No Syrians, no Kurds, and no explanation from the Dominica CIU. Iranians, however, are once more welcome to apply for citizenship.
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Grenada CIP Breaks All Previous Records in 2021 as Revenue Tops US$100m
Grenada’s CIP recorded yet another all-time revenue high in 2021 (for the fifth year in a row) while also breaking a litany of other records.
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