Citizenship by Investment: How to Call the Caribbean Home
As our world becomes increasingly globalised, a number of high-net-worth individuals are seeking Citizenship by Investment (CBI) programmes to provide them with a safe place to live, as well as a route to happiness.
Initially designed by international Governments as a means to attract foreign investment and successful individuals to the country, CBI programmes are now providing individuals and their families the opportunity to better their lifestyle, while providing their new citizenship country with investment.
?Countries offering CBI programs, and in particular those of the Caribbean, are constantly improving the vetting of their applicants to remain leaders in the investor immigration market.? Comments Micha-Rose Emmett, Managing Director at CS Global Partners. Applicants are vetted on their individual merits, and all foreign nationals are eligible to apply for a CBI programme providing they are 18 or over, in good health, have no criminal history and are able to make the investment required. Applicants are subjected to a vetting process by the Government, who often employ a third party to review applications before a recommendation is made by a cabinet as to whether the applicant should be granted citizenship. Following an approval in principle, the appropriate investment is required to be made, where a certificate of citizenship is provided. This then allows the applicant to apply for a passport.
Grenada has one of the most popular CBI programmes due to its quick appl...
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