Caribbean News

Antigua and Barbuda Step Up Efforts to Derail Citizenship by Investment Program

March 31, 2022 | Vision Newspaper |

The Antigua and Barbuda Government has stepped up its efforts to stave off the European Union (EU) and to derail the controversial Citizenship by Investment (CBI) programme.

Prime Minister Gaston Browne has indicated that he has sent a letter to the EU on the matter which would provide evidence that Antigua and Barbuda holds the most robust due diligence process before citizenship can be granted.

Under the CBI, foreign investors are afforded citizenship of a country in return for making a significant investment.

Apart from Antigua and Barbuda, the other Caribbean countries with a CBI programme are St Lucia, Grenada, Dominica and St Kitts and Nevis.

This Caribbean News Brief was produced by Ambassador Prof. Rev. Dr. Colin O Jarrett, Professor of Media Studies and Director of Media with Vision Newspaper. Reach Dr. Jarrett at jarrettcolin4@gmail.com.

Photo from www.reuters.com

Leave a Reply

Your email address will not be published. Required fields are marked *