Citizenship by Investment Programs of the Caribbean are under the threat no matter how hard they work on the procedure. Feels like nobody is ready to listen to the arguments including EU.
On 18th of March 2022 the creation of a regional Citizenship by Investment Program (CIP) regulatory body has been proposed by Cabinet of Antigua and Barbuda. This development follows the announcement by the European Union (EU) last Wednesday that it is considering removing visa-free travel to the Schengen Area from countries that currently have CIPs.
Cabinet spokesperson Melford Nicholas believes a regional response addressing the EU’s CIP concerns would signify compliance, and disclosed that Ambassador Colin Murdoch is currently in Geneva assisting the process with the European Union on this particular matter.
“It will be a response to the issues they have raised and it will be to demonstrate, over and above anything else, our intent to be compliant and sympathetic to issues that they may raise in terms of their own internal security,” Nicholas said during this week’s post-Cabinet press briefing.
“We can diversify our own offering to ensure that we will still be attractive to investors and investment from other jurisdictions where they may be precluded from obtaining citizenship, but they may well look favorably upon the residency program,” he said.
The spokesmen’s comments refer to the recent bevy of statements in the European Parliament painting citizenship by investment programs as a “backdoor to Europe” and potential security/money laundering risk, despite the exhaustive due diligence checks (and the relatively small number of participants) in these programs.
Earlier this week, Antiguan prime minister Gastone Browne indicated Caribbean citizenship by Investment jurisdiction were being pressures to choose between either keeping their CBI programs or their visa-free access to Schengen, which prompted him to write letters to the EU parliamentarians and US congressmen to underscore the economically crucial role CIPs play in the region.
Note that in 2020, while both the European Commission and the European Parliament went to some length to characterize the stream of less-than-a-thousand individuals naturalized annually in the EU though citizenship by investment programs as a surreptitious menace, while simultaneously granting citizenships to 729,013 third-country nationals (like Marocco, Syria, Albania) in 2020, employing far less stringent background checks than those used with CIP’s.
Sources: IMIdaily, Antigua Observer
For investors we offer a wide range of Citizenship by Investment Programs to choose from. Please, contact Apex Capital Partners to get more information and ask personal questions. You can get free consultation from Apex Capital Partners on the program of Citizenship of Turkey, Portugal’s Golden Visa. As well as Cyprus, Caribbean (Citizenship of St. Kitts and Nevis, Dominica, Grenada, Saint Lucia, Antigua). Ask your question – firstname.lastname@example.org, email@example.com
If you are a private banking specialist, a family lawyer, or work as a financial consultant in Middle East, Africa, China or any other region of the world, do not hesitate to contact Apex Capital Partners and become a partner, a part of our strong professional network. APEX has all the main local agent licenses to work with Citizenship by Investment Programs, including all key Caribbean CIPs. Please contact – Armand Tannous, firstname.lastname@example.org
Caribbean citizenship by investment is allowed in Antigua & Barbuda, Anguilla, Dominica, Grenada, Saint Lucia, and St. Kitts & Nevis. Acquiring a second passport in Caribbean countries has many benefits.
European Citizenship by Investment is becoming increasingly popular across the globe. We will answer the questions where can I get second passport EU and what countries would be interesting for EU citizenship through investment?
The experience of Apex Capital Partners with the real estate market allows us to find reliable developers around the world whose projects allow you to obtain citizenship for real estate.
Need more information about Citizenship by Investment Programs or other investment options? Send us a message and our specialists will get back to you within 24 hours.
Subscribe to our monthly NEWSLETTER here.
For Media Inquiries please contact Eric FischgrundFischTank PR+1 (646) email@example.com
Tel: +1 (268) 783 firstname.lastname@example.org
Top Floor, 28 Kennedy Avenue, Roseau Tel: +1 (767) 448 email@example.com
130, King Street West, office 1800, Toronto, Ontario, M5X 1E3 Tel: +1 (647) 927 firstname.lastname@example.org
Hewanorra House, Trou Garnier Financial Centre, Castries Tel: +1 (758) 485 email@example.com
Suite 204 Building 5, Port Zante, Basseterre Tel: +1 (869) 465 firstname.lastname@example.org
George Washington Boulevard 51, 81000, Podgorica Tel: +382 (20) 674 email@example.com
Suite 209, Globe Business Center, 3-5 Ayiou Athanasiou St. 8021, Paphos Tel: +357 (26) 950 firstname.lastname@example.org
Apex Capital Partners © 2016 - 2023