On March 20, 2024, 4 Caribbean countries signed a memorandum of agreement (MOA) to unify and regulate CBI programs.
Antigua and Barbuda, Dominica, Grenada, and St Kitts and Nevis signed this agreement while Saint Lucia was outside this agreement, for reasons that may be explained later.
What are the benefits of this agreement on CBI programs in the Caribbean?
- Standardized minimum investment: $200,000 for all four programs by June 30, 2024.
- Promoting transparency: sharing information between countries, and establishing a digital portal with the Joint Regional Communications Center (JRCC) in Barbados.
- Establishment of a joint regional authority: to set international standards and regulate programmes.
- Cooperation in Due Diligence process: to ensure the security of citizens of citizenship by investment programmes.
- Regulating agents: Preventing the use of misleading terms such as “visa-free access.”
What are the objectives of the Caribbean Islands Convention?
- Increase confidence in the legitimacy of CBI Programs.
- Ensuring stability of investments.
- Creating a safe and transparent path to Caribbean citizenship.
Prime Minister Dickon Mitchell of Grenada also praised the agreement, saying: “This agreement will put an end to the underselling and financial discrepancies that have drawn criticism in previous CBI Programs.” While Prime Minister Terrance Drew of Saint Kitts and Nevis expressed his support for the agreement, stressing its importance in improving citizenship by investment programmes. This agreement represents a milestone in the history of CBI programs in the Caribbean region.
We, as experts at NTL, see this agreement as a milestone in the history of citizenship by investment programs in the Caribbean region.
Nurses are invited to Germany
A golden opportunity for nurses to develop themselves and to secure a better life for their families as well in one of the best European countries for living and work.
Chinese Green Card after March 2020
The Chinese “Green Card”, which is the world’s hardest green card to obtain, even for foreigners living there for several years. On March 27, 2020, China ended a consultation on new regulations that qualify foreigners to obtain permanent residency, based on education, income and work experience.
Skilled Workers are Invited to Germany
After March 2, 2020, Skilled Workers are Invited to Germany.
Are you a Chinese Investor? Then you should consider the Turkish CBI
Months after economic & social turmoil in China, and the ongoing coronavirus outbreak, a growing number of Chinese investors, especially Hong Kong residents, are considering leaving. They are already planning a move to start a new life overseas.
As an Indian investor, why you should seriously consider Turkish citizenship as a plan B?
Turkish Citizenship by investment program is considered a gate that opens the way for you as Indian investors to enter the United States of America and the United Kingdom alike.