Published at: 07/03/2023 08:35 am
The Caribbean countries with citizenship by investment programs accepted the six demands of the United States. It means the future of the most essential advantages of citizenship by investment programs of Saint Kitts and Nevis, Grenada, Antigua and Barbuda, Saint Lucia, Grenada, and Dominica looks safe.
The historic decision was made during the US-Caribbean Roundtable on Citizenship by Investment in St Kitts on February 25 2023.
The representatives of the US understood that "CBI revenues are invaluable for funding major infrastructural and development projects and building resilience."
Meanwhile, the Caribbean island nations conjointly accepted the six CBI (citizenship by investment) principles proposed by the United States. Moreover, the CBI countries requested the government of the United States to support a similar engagement with the UK and the European Union. If it happens, a joint policy will help these countries to keep their visa-free entrance to Europe.
Grenada was the last Caribbean citizenship-by-investment scheme host country that allowed Russian and Belarus citizens to invest in exchange for passports. From the last day of March 2023, the five nations suspended the applications of Russian and Belorussian citizens.
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