Following the expansion of two boutique hotels in leading CBI Caribbean country Antigua & Barbuda, international HNWIs have the opportunity to invest shares in exchange for citizenship of this Caribbean nation
When it comes to the Citizenship by Investment options on the global table, the Caribbean countries continue to lead the way offering affordable, fast, efficient and stable routes to second passport ownership. Couple this with global mobility, mainly Covid-free spaces, and an excellent quality of life, and it’s clear to see how these West Indies’ islands are giving other CBI countries a run for their money.
Following the overhaul and suspension of the citizenship by investment programmes of Malta and Cyprus, respectively, Greece is reviewing its popular residency by investment programme, which has seen a surge of interest in the last few months, with proposed changes including a fee structure aimed at attracting investment to less touristy parts of the country.
Last month, in response to the unfortunate and complicated situation in Hong Kong, Bulgaria’s Immigrant Investor Programme (BGIIP) unit announced that it is offering complementary real estate to Hong Kong citizens who wish to acquire Bulgarian economic citizenship.
Of the nearly 7 million (6.9 million) houses purchased in Turkey in the last five years, 154,871 were bought by foreign investors, demonstrating a rapid increase in foreign property purchase in Turkey in the last year due to the easing of minimum requirements for acquiring Turkish citizenship by investment.
According to the 11th edition of the KPMG Cyprus Real Estate Market Report – The Insights, the real estate sector in Cyprus contributed 16% more in 2019, compared to 2018, with the country’s citizenship by investment (CBI) programme contributing to this increase.