Caribbean Ranks Top in Citizenship by Investment Programs

Christopher Zenios06/09/20193min
For the third year in a row, the Caribbean island of Dominica has been ranked the best citizenship by investment program by the CBI index.

The PWM (Professional Wealth Management) has released the CBI index for 2019 with the results showing that the top five citizenship by investment programs around the world are located in the Caribbean.

Dominica ranked highest, breaking records with the highest recorded score of 91%. St Kitts and Nevis followed closely alongside Grenada at 89% and 87% respectively. St Lucia ranked higher this year achieving 4th place with 84% compared to last year when it ranked 5th. Antigua and Barbuda dropped one place ranking 5th at 79%.

The CBI index reaches its total score by assessing the following pillars for each citizenship by Investment program:

  • Freedom of Movement
  • Standard of Living
  • Minimum Investment Outlay
  • Mandatory Travel or Residence
  • Citizenship Timeline
  • Ease of Processing
  • Due Diligence

The CBI Index stated:

Overall, it was the combination of

extensive due diligence with efficiency, speed, affordability, and reliability

that brought Dominica to the top spot,

Adding “St Kitts and Nevis also maintained its upward trajectory regarding visa-free and visa-on-arrival offerings and continued to demonstrate its commitment to enhanced due diligence,” with the scoring of Citizenship Timeline particularly impressive due to its unique Accelerated Application Process (AAP).

The results revealed that St Lucia ranked higher that Antigua and Barbuda for the first time due to factors such as freedom of movement, speed, and due diligence playing vital roles.

On the whole, it is clear that important industry factors such as transparency, experience, and enhanced security ensured that the Caribbean nations carried the success from previous years into 2019 outranking other programs once again.

The rankings altogether included 13 countries that were assessed by researcher James McKay. The countries included are Antigua and Barbuda, Austria, Bulgaria, Cambodia, Cyprus, Dominica, Grenada, Jordan, Malta, St Kitts and Nevis, St Lucia, Turkey, and Vanuatu.

The lowest scoring of all the countries is Jordan at 51% with Austria and Cambodia not far off with a joint score of 54%.

Christopher Zenios

Christopher has always been a pioneer, a first adopter when it comes to technological advancements. Over the years, his expertise surrounded the real estate and digital markets and their evolution in today's society. After being the editor to various professional business news portals and blogs, he was selected to become the chief editor for HWC. Contact Christopher at +357-22029786 ext: 6110 or by email at [email protected] for editorial related questions.

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