Security & Strategic Review - February 2024

REGION: EU presses for changes to CBI programmes

Citizenship by Investment (CBI) programmes are hugely important for those Caribbean countries that have them, namely Antigua & Barbuda, Dominica, Grenada, St Kitts & Nevis, and St Lucia, but they also cause anxieties over the type of people who might be benefiting from the programmes. The European Union (EU) in particular has expressed concerns because of its visa waiver programme which allows nationals from 60 countries (including the five Caribbean countries operating CBI programmes) to visit the 27-member Schengen Zone for up to 90 days for tourism or business.

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