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.
12 Fun & Interesting Facts About Albania
Here are some fun & interesting facts about Albania:
In the evenings, the locals like to walk. But it’s not just a walk, it’s an official evening walk where every resident comes out to stretch their legs and catch up with their neighbors. Everyone gathers at various places, walking and talking until nightfall.
Agriculture, Forestry, and Fishing in Albania
Agriculture is an essential sector in Albania. One of the earliest agricultural lands in Europe has been found in southeastern Albania.
The former governments allocated substantial resources to the development of agriculture. Large-scale programs of land reclamation, soil improvement, and irrigation, as well as increased use of fertilizers, all contributed to a significant expansion of agricultural production. Later, agriculture has registered annual growth during the latest periods.
Population and Economy in Albania
In this article, we are going to know more about Population and Economy in Albania.
Albania is located in Southeastern Europe and is a member of the UN and NATO. Albania is one of the smallest countries in Europe with 28,700 square kilometers (11,000 square miles) of area.
Life in Albania
In this article, we are going to talk about life in Albania and shopping there.
Albania is a 28,748 km2 country situated in the heart of the European continent, in Southeast Europe. The country is small in kilometers but it has many natural landscapes and it is rich in mineral and natural resources, its inhabitants have inherited the unique traditions of their Illyrian ancestors.
Turkish Brands prevalence in the world
The Head of the United Turkish brands Association ”Sinan Öncel” has announced that Turkish brands, which have 4,396 stores in 125 countries are daily continuing to open two new stores abroad.