Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, August 23 2019 - 11:00
AsiaNet
Caribbean Citizenship by Investment Is Better Than European, New Financial Times Report Finds
LONDON, August 23, 2019 /PRNewswire-AsiaNet/ --

The Professional Wealth Management (PWM) magazine – a publication from the 
Financial Times – released its newest edition of the CBI Index 
[https://cbiindex.com/reports ]. Every year, the special report ranks all 
citizenship by investment (CBI) programmes in the world against seven pillars 
considered most important to investors seeking second citizenship. This year, 
the independent study found that Caribbean countries filled the top five 
positions, ahead of EU member states like Austria, Malta or Cyprus. 

FT experts awarded Dominica the number one spot for the third consecutive year, 
scoring it with full marks in five pillars. "Dominica emerged once more as the 
country with the world's best citizenship by investment programme, combining 
extensive due diligence with efficiency, speed, affordability, and 
reliability," comment the authors. Qualifying contributions start at US$100,000 
for single applicants. Alternatively, PWM says that "Dominica's real estate 
option has flourished", requiring minimum investments of US$200,000 in 
CBI-approved hotels and resorts. Notably, the reputable CBI Programme is 
credited for significantly supporting Dominica's feat to become "the world's 
first climate-resilient nation", as pledged by Prime Minister Roosevelt Skerrit.

In 2019, industry pioneer St Kitts and Nevis increased its overall score by 
four points, improving its due diligence standards while it "maintained its 
upward trajectory regarding visa-free and visa-on-arrival offerings." The 
country received top marks in three pillars, after streamlining its application 
processes due to its popular fund option. The Sustainable Growth Fund, 
introduced by Prime Minister Timothy Harris last year as the most 
straightforward investment channel, requires a minimum contribution of 
US$150,000 for an individual or US$195,000 for a family of four. 

Industry newcomer St Lucia rocketed to fourth place within three years of 
activity, moving one position higher compared to 2018. It achieved this by 
"improving its scores for freedom of movement, citizenship timeline, and due 
diligence." St Lucia offers a more diverse choice of investment channels, 
currently counting four options. The study awarded the popular honeymoon 
destination 10/10 points for its affordable minimum investment outlay of 
US$100,000 via the National Economic Fund, and yet not imposing any mandatory 
travel or residence requirements on citizenship applicants.

CS Global Partners [https://csglobalpartners.com/what-is-citizenship/ ] – the 
London-headquartered legal advisory holding the government mandates to promote 
the CBI programmes offered by Dominica and St Kitts and Nevis worldwide, and St 
Lucia in Far East Asia – congratulates all three countries on their industry 
leadership and continued improvements, especially as regards higher due 
diligence standards and tangible impact on local residents. "We are very proud 
of all the countries we closely work with for performing exceptionally well in 
the 2019 CBI Index, and we continue to focus on finding win-win solutions for 
both globally-minded individuals and native citizens," comments Paul Singh, CS 
Global Partners Director.

The special report evaluated all 13 CBI programmes currently available 
worldwide. Created by independent researcher James McKay, the CBI Index [ 
http://cbiindex.com/ ] represents the most reliable independent source that 
objectively compares all active CBI programmes, and analyses the current and 
future industry trends.

pr@csglobalpartners.com, 
www.csglobalpartners.com 

Source: CS Global Partners

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