Portugal has seen an increasing number of Chinese and South African citizens rushing to purchase residency and ultimately citizenship in Portugal via the country’s successful residency by investment programme. This comes following a recent announcement that the popular Portuguese areas of Lisbon, Porto and the Algarve are set to be removed as investment regions from the programme at the end of this year.
During a RIF Trust-led webinar on September 7 to discuss the benefits of Dominican citizenship by investment, the CEO of Dominica’s CBI-approved Secret Bay announced that as part of phase two of the award-winning eco resort’s development, four new two-storey villas would be ready by November 1, 2020.
As Dominica once more emerges as the world’s best CBI Programme according to the just-released CBI Index 2020, Dominican Prime Minister Roosevelt Skerrit joined a panel of specialists in a RIF Trust-run webinar to discuss the benefits of citizenship in this Caribbean nation. And CBI Guide was there to report.
Following the release of the latest CBI Index, for 2020, the Caribbean countries continue to outrank the rest of the world with their long-running, competitively priced and highly regulated Citizenship by Investment Programmes, with Dominica coming top, closely followed by Saint Kitts and Grenada.
If well executed, a Citizenship by Investment Programme (CIP) can, and does, bring countries much-needed investment to help boost economic growth, create jobs and fund development. And with the negative effects of the pandemic taking hold, such programmes could become even more of an economic lifeline.
Grenada CBI-approved resort under new management
One of Grenada’s Citizenship by Investment-approved investment properties, the Mt Hartman development, has a new developer and management team, and work has started on the initial stages of the development.
One of the Saint Kitts & Nevis’ Citizenship by Investment-approved properties, The Four Seasons Nevis has seen a massive spike in sales during the pandemic with demand for its stunning beachside freestanding villas booming.
Roll up, roll up, a brand-new development of managed residences located in the prestigious luxury waterfront location of Porto Montenegro, the Mediterranean's largest marina, offers an approved and affordable investment option for applicants to Montenegro’s popular Citizenship by Investment Programme.
With ePassports proven to strengthen the security of Citizenship by Investment (CBI) passports, Dominica announces a move into biometric passports, while Saint Kitts is introducing biometric-shared background checks as part of its CBI programme due diligence.
All five of the Caribbean countries offering the Citizenship by Investment (CBI) Programme have now committed to participating in the CARICOM Travel Bubble.