ciu Archives - Page 3 of 6 - IMI - Investment Migration Insider

Brookes: The Ticking Time Bomb of CBI Real Estate – Investors Have No Clear Exit Strategy

April 23, 2019 Gareth Brookes caribbean, cbi, cbi real estate watch, cip, ciu, club, gareth brookes, opinion, real estate

Hundreds of investors unable to sell on their CBI real estate shares is a PR nightmare waiting to happen, writes Gareth Brookes.

Caribbean

Dominica CIP’s Due Diligence “Has Been Lax” Says US State Department in Report

April 3, 2019 Christian Henrik Nesheim cbi, cip, citizenship by investment, ciu, dominica, report, state department

While largely satisfied with the vetting standards among CIP jurisdictions, the State Department expressed concerns regarding the due diligence in Dominica.

Caribbean Policy Updates

Developers Promoting Grenada’s New Price Option Without Prior Approval Subject to Penalties, CIU Warns

April 2, 2019 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, ciu, grenada, policy, policy update

Following the introduction of its US$220,000 real estate co-investment solution on March 18th, the Grenada CIU reiterates that the new price option is only available to developers that have received advance written approval, and cautions that those found to promote the new price prematurely will be subject to review and possible penalty.

Caribbean Policy Updates

Grenada CIP Leaves Nothing to Chance in New CBI-Discounting Prevention Regulations

March 20, 2019 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, ciu, discount, grenada, policy, real estate, thomas anthony

In a follow-up circular to this week’s announcement that the Grenada Citizenship by Investment Programme had lowered its real estate investment requirement to US$220,000, the program’s CIU makes it clear that the practice of discounting CBI-real estate will not fly in Grenada.

Caribbean Vice

Grenada to Investigate Stalled CBI-Shrimp Farm: “Collected Significant Sums,” Says PM

March 14, 2019 Christian Henrik Nesheim asa, caribbean, cbi, cip, citizenship by investment, ciu, grenada, gsa, investigation, keith mitchell

In a public announcement, Grenadian Prime Minister Keith Mitchell says his administration has opened an investigation into CBI-approved shrimp-farming project Grenada Sustainable Aquaculture (GSA).

Caribbean Editor's Picks

“Truth Will Come Out and it Won’t be Nice” Say Panelists About Saint Kitts Application Switching

March 5, 2019 Christian Henrik Nesheim beacon, caribbean, cbi, cip, citizenship by investment, ciu, dubai, iis, investment immigration summit, john hanafin, panel, saint kitts and nevis, sam bayat

Hanafin postulated that “Sam is being told to keep quiet because people are winning on both sides, so Sam is ruffling too many feathers, perhaps.”

Caribbean Intel & Data

2018 a Record Year for Grenada CIP: Revenue Up 26% Show Q4 Figures

March 4, 2019 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, ciu, data, grenada, statistics, thomas anthony

Recently published fourth-quarter figures reveal the Grenada Citizenship by Investment Programme granted 851 passports in 2018, a 21% increase on

Caribbean Intel & Data

Finally Cooking With Gas: Saint Lucia CIP Applications Grow Tenfold on Year

February 11, 2019 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, ciu, data, saint lucia, statistics

After suffering teething pains for the better part of 2016, the Caribbean’s youngest citizenship by investment program – the Saint Lucia CIP – has found its bearings and is finally putting the processing pedal to the metal.

Caribbean Policy Updates

Saint Kitts’ New Escrow Law to Prevent CBI Real Estate Tricks

February 6, 2019 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, ciu, escrow, les khan, policy, real estate, saint kitts and nevis

The new escrow law will make developer payouts contingent on construction milestones.

Caribbean Policy Updates

Saint Kitts Raises Cost of Switching Between Investment Options to $25,000

December 24, 2018 Christian Henrik Nesheim caribbean, cbi, cip, ciu, policy, policy updates, saint kitts and nevis, timothy harris

Prime Minister Timothy Harris of Saint Kitts & Nevis has announced, in a circular to agents, that he is amending

Caribbean Policy Updates

Saint Kitts CIU to Instate Real Estate Escrow: Payouts Contingent on Developers Actually Developing

December 23, 2018 Christian Henrik Nesheim bayat, caribbean, cbi, cip, citizenship by investment, ciu, policy, real estate, saint kitts and nevis

The Saint Kitts & Nevis Citizenship by Investment Unit reports it has been consulting with developers over new regulations in

Caribbean Influencers

Les Khan: Saint Kitts’ Real Estate Option “Really Taking Off” and SKN’s DD is “Ahead of Malta”

November 29, 2018 Christian Henrik Nesheim cbi, cip, citizenship by investment, ciu, due diligence, influencers, interview, les khan, saint kitts and nevis

Les Khan spoke to Investment Migration Insider during the 12th Global Residence & Citizenship Conference in Dubai earlier this month.

Caribbean Editor's Picks Intel & Data

Antigua CIP Posts Best 6-Month Results Ever: Applications Up 49% Y-o-Y

November 25, 2018 Christian Henrik Nesheim antigua and barbuda, caribbean, cbi, cip, citizenship by investment, ciu, data, statistics

After more than a year of statistical report silence from Antigua & Barbuda’s CIU, the unit on Friday published data

Caribbean

Saint Kitts CIP: More Applications in ’18 Than Last 3 Years Combined

November 16, 2018 Christian Henrik Nesheim caribbean, cbi, cip, citizenship by investment, ciu, les khan, saint kitts and nevis

During a press conference on Wednesday, CEO of the Saint Kitts & Nevis Citizenship by Investment Unit, Les Khan, revealed

Caribbean Influencers

CIPA Has to be More Proactive, Says Head of Saint Lucia CIU

November 14, 2018 Christian Henrik Nesheim caribbean, cip, cipa, citizenship by investment, ciu, influencers, nestor alfred

“The truth is I don’t think CIPA has been very proactive,” says Nestor Alfred, speaking in the context of OECD-blacklists

Caribbean

Kaisha Ince Steps Down as Chair of Grenada CIU

November 9, 2018 Christian Henrik Nesheim caribbean, cip, citizenship by investment, ciu, grenada, kaisha ince

The Grenada Citizenship by Investment Unit has informed its agents, in a circular, that Kaisha Ince has stepped down from

Caribbean Editor's Picks

Montreal Management Speaks Out on Dominica CIP Matter

October 17, 2018 Christian Henrik Nesheim cbi, cip, citizenship by investment, ciu, dominica, haiden, mmce, montreal management, real estate, skerrit

Last week, we wrote about allegations coming from several citizenship consultancies claiming a Sharjah-based company named Montreal Management Consultants Est.