Before the new administration took office last year, Saint Kitts & Nevis’ CIP had 95 approved real estate options. Today, it has nine.
Rebates and buybacks constitute “illegal discounting” and can result in de-licensing for developers and revoked citizenships for investors.
The Kawana Bay developers are going ahead with international arbitration, despite the Grenadian government’s willingness to negotiate.
Mohammed Asaria, the only CBI developer in the Caribbean to have brought several five-star resorts to completion, on what it takes to pull off.
While NTF-based application approvals were up on the quarter, real estate options approvals fell by 31% in Q2, 2021.
Real Estate prices in South Montenegro grew 21% between 2017 and 2019, while property resale prices have increased by 25%. Sound tempting?
Istanbul’s property market works in predictable cycles created by a two-party system of local politics, writes İsrafil Kahraman.
If Q1 figures are any guide, Grenada’s CIP is on track for a fifth consecutive record year. The share of investors choosing real estate nears historical highs.
The developer behind Grenada’s Kimpton Kawana Bay has filed for international arbitration against the government. One subject matter expert says they could have a case.
In an IMI exclusive, Warren Newfield answers questions about whether his resignation was preemptive, if he has the capital necessary to finish the project, why project completion has been delayed several times, and much more.
CBI-developer Warren Newfield says Grenada’s government has become “anti-business”. The government responds with allegations of its own.
Mohammed Asaria: “We’re on our way to complete our hattrick while all of our peers are challenged to even complete one quality development.”
The pandemic has slowed the real estate market globally, except for real estate connected to citizenship by investment programs.
Investors in Caribbean CBI hotels must follow these eight rules or risk owning in a stake in an empty box that will never be completed.