Caribbean nations are embroiled in a hotly-contested battle as they try to attract high net worth individuals as candidates for their citizenship-by-investment programs. St Lucia has just announced a plan to revamp and relaunch its program to try and compete with others including Antigua & Barbuda, St Kitts & Nevis and Dominica. Estimates suggest these…
A Caribbean envoy has criticized a recent episode of CBS’s ’60 Minutes’ for failing to present a balanced view of the region’s Citizenship-by-Investment Programs (CIPs). Ronald Saunders, Antigua and Barbuda’s ambassador to the U.S., says the show. entitled ‘Passports for Sale’. was only interested in portraying a negative view of the Caribbean programs in particular,…
Real estate developers in the Bahamas are against a plan to double the investment threshold for the country’s investor residence visa. The Bahamian government wants to increase the required investment from $500,000 to $1 million as of March 1, but developers say they have not been given enough warning regarding the move. Funds from the…
New Zealand has announced plans to double the investment required to gain permanent residence under the ‘investor 2’ visa, its government has announced, as neighbour Australia faces pressure to scrap its program altogether. Starting in May 2017, investors could be required to pay NZ$3 million instead of NZ$1.5 million to get permanent residence in New…
Indians are being told the U.S. EB-5 program could become their best option for immigration to America under Donald Trump’s presidency. The President-elect ran a staunchly anti-immigration campaign in the race for the White House, although he has tempered much of the rhetoric since his victory. However, even if the Mexican wall and mass deportation…