Caribbean CBI Real Estate: Off-Island Escrow Accounts Raise Concerns
If the CBI developer itself funds the escrow account, how does the CIU know the CBI applicant actually invested the full amount?
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Saint Lucia’s First CIP-Project Breaks Ground, Galaxy Developers Promise Opening in “2-3 Years”
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.
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Video Shows Workers at St Kitts CBI-Resort Striking, Allegedly Over Non-Payment
A video recorded by a passer-by shows Chinese workers blocking a public road. The protesters reportedly told onlookers they were on strike over non-payment.
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Hilaire: How Did Galaxy Get CIP Approval in Saint Lucia After “Scandal” in Saint Kitts?
Ernest Hilaire, a prominent opposition MP in Saint Lucia, asks how Galaxy Developers got approval to be a developer under his country’s CIP considering its inability to finish the Ramada project in Saint Kitts.
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Saint Kitts Economic Citizen Bets Galaxy EC$ 5 Million Ramada Will Not Finish on Time
Kemal Shehada says he’ll bet Galaxy EC$ 5 million they can’t finish the Saint Kitts Ramada within their announced time frame.
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Saint Lucia PM Facing Lawsuit Over Black Bay CBI-Development
Following the stagnation of the planned Ritz-Carlton CBI-development in Saint Lucia – an administrative failure for which Saint Lucian Prime
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