Industry Largely Welcomes Grenada CIP’s 20% Equity Rule, But Not Everyone is Happy

While prominent industry commentators laud the introduction of a skin-in-the-game requirement, some Grenadian developers say the government’s definition of “skin” puts them at a distinct disadvantage. Show me the money New regulations for the Grenada Citizenship by Investment Programme stipulate that CBI-real estate developers must have a 20% equity stake in their projects to obtain

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Caribbean Travel Awards: CBI-Development Park Hyatt Saint Kitts “Hotel of the Year” in the Caribbean

Caribbean Journal, the region’s leading publication on tourism and hospitality, has awarded Range Developments’ Park Hyatt Saint Kitts “Hotel of the Year”. Explaining its decision, Caribbean Journal says the development was a “game-changer” for the island. “When it debuted at the end of 2017, the Park Hyatt St Kitts, Park Hyatt’s first-ever Caribbean hotel, was

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“I Went F****ing Mad” – Range Sues Writers Over Alleged Fake-Arrest Story

Range Developments, perhaps the biggest CBI-developer in the Caribbean, has filed a lawsuit against two individuals for their alleged part in the propagation of an article claiming the firm’s Vice-Chairman, Mohammed Asaria, had been detained by Chinese police during a visit to the country last month, according to a press release, reprinted in full below.

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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 Minister Allen Chastanet assumed full responsibility in April – the PM is now faced with an ultimatum from Range: Repay the money invested in Black Bay, or expect a lawsuit. Related: “I Take Full Responsibility” Says

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Range Developments, Attacked Again in Anonymously Written Articles, Denies Allegations

Range Developments has once more suffered attacks in the form of anonymously written articles. Press release via Range Developments: JUNE 16 An article published today on Citizenshipinsider.com, a website, called ‘The real truth behind the questioning in China of Mohammed Asaria, the chairman of Range Developments’ is riddled with false allegations and inaccuracies. The website,

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Asaria Speaks Out: “We Put All This Fake News Behind Us” and “Let Our Projects do The Talking”

Speaking to Investment Migration Insider during this week’s Investment Migration Forum in Geneva, Mohammed Asaria, founder of Range Developments, adopted a decidedly sanguine attitude toward recent malevolent attacks on his firm’s reputation. “It was very surprising to me that I had been purportedly detained in China when I was in Geneva […] It’s a shame

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WATCH: Caribbean Citizenship by Investment – Episode 1: Saint Kitts & Nevis

Episode 1 of the documentary series Caribbean Citizenship by Investment, the first-ever documentary on all five citizenship by investment programs (CIPs) in the Caribbean, is now available. In the series, we visit each country to learn more about the respective citizenship by investment programs and life on the ground on the islands. The first episode covers

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The More CIP Countries, the Better For the Industry, Says Mohammed Asaria in Interview

Vice Chairman of Range Developments, Mohammed Asaria, tells Investment Migration Insider in an interview that the introduction of more countries to the citizenship by investment market will keep countries “on their toes” and compel them to refine their product. Range Developments is the firm behind the winner of Caribbean Travel Awards’ “Best New Hotel in the

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