CBI Real Estate Panel: “Allowing Only Ready-Built Projects Defies the Point of CIP”

During a panel discussion at the Investment Migration Forum in Geneva last week, CIU-heads and agents exchanged views on how to ensure the integrity of CBI real estate. The chairman of CIPA, furthermore, indicated a regional CBI-regulator could soon become a reality.

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

“The truth is I don’t think CIPA has been very proactive,” says Nestor Alfred, speaking in the context of OECD-blacklists during the Investment Immigration Summit in Hong Kong. “We have not been in the forefront and have not been making statements” he continues, and suggests that, as the technocrats of the industry, CIPA needs to

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St Lucia CIU-Boss “Not Losing Any Sleep” Over CBI-Index Ranking

In a recent interview with the St. Lucia Star, Nestor Alfred, CEO of the St. Lucia Citizenship by Investment Unit (CIU), expressed strong disagreement with his program’s ranking in the so-called CBI Index. “I refuse to lose sleep over such a ranking from the Professional Wealth Management team. For me, it’s irrelevant,” he said. The index

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Head of Saint Lucia CIU: Some Applications Have Been Pending for 260 Days

Nestor Alfred, CEO of Saint Lucia’s citizenship by investment unit, says he is so cautious about which applicants he approves that it is making the Saint Lucia CIP less competitive than other programs in the region. And that’s OK. The Saint Lucia CIP’s application volume is considerably lower than that of competing Caribbean jurisdictions. On

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Saint Lucia Revokes Citizenship of Six Named CIP-Participants

Saint Lucia’s Citizenship by Investment Unit (CIU) has canceled the citizenships of six individuals who had previously obtained nationality in the country through the Citizenship by Investment Programme (CIP), according to an article in Saint Lucia News. The names of the individuals in question -Hamid Sakhidad Barahooei, Sanioura Ali El Sayed, Mariya Barahooei, Taliya Barahooei, Shamel

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Interview: New Head of Saint Lucia CIU – Caribbean Leaders “Extremely Concerned” About Correspondent Banking

Saint Lucia CIU-head Nestor Alfred speaks to Investment Migration Insider on the correspondent banking issue, how CIP-harmonization is progressing, and how he thinks Saint Lucia can gain market share quickly. Our readers are the best-informed professionals in the investment migration industry. We keep an eye on everything that moves in the CBI and RBI industry so

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