{"id":60575,"date":"2023-06-09T12:37:55","date_gmt":"2023-06-09T12:37:55","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=110521"},"modified":"2023-06-09T12:37:55","modified_gmt":"2023-06-09T12:37:55","slug":"caribbean-cbi-countries-rank-high-once-again-in-2023-world-citizenship-report-cs-global-partners","status":"publish","type":"post","link":"https:\/\/dailysouthafrica.com\/caribbean-cbi-countries-rank-high-once-again-in-2023-world-citizenship-report-cs-global-partners\/","title":{"rendered":"Caribbean CBI countries rank high once again in 2023 World Citizenship Report: CS Global Partners"},"content":{"rendered":"
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London, June 09, 2023 (GLOBE NEWSWIRE) — Caribbean nations with Citizenship by Investment schemes ranked in the top 30 per cent of this year\u2019s World Citizenship Report<\/a>. The Report measures 188 countries across five motivators deemed as most relevant among the mass affluent \u2013 Safety and Security, Economic Opportunity, Quality of Life, Global Mobility and Financial Freedom.<\/p>\n

This year, St Kitts and Nevis<\/a> kept its position of 48th out of the 188 countries while Grenada (49), Antigua & Barbuda (50), the\u00a0Commonwealth of Dominica<\/a> (52) and Saint Lucia (53) followed closely behind.<\/p>\n

The Caribbean is considered the cradle of investment immigration due to the high concentration of countries that offer CBI programmes in the region.<\/p>\n

Caribbean nations are becoming investment hubs in the global arena, offering attractions such as safety, lucrative financial diversification options and idyllic lifestyles that make them desirable places to take up second citizenship. For example, all the Caribbean nations hosting CBI programmes are members of the Caribbean Community (CARICOM) which is committed to promoting and supporting a unified Caribbean community that is inclusive, resilient, and competitive to share in economic, social and cultural growth.<\/p>\n

These CARICOM members have also pledged to continue to be vigilant in managing the threats to sustainable development in the region.<\/p>\n

This includes implementing initiatives that attract foreign direct investment, ensuring that the region is not perceived as high risk by investors, lobbying against the proposed global minimum corporation tax and continuing to build relations with the OECD (Paris-based Organization for Economic Cooperation and Development) and European Union.<\/p>\n

For example, earlier this year, heads of state from all five\u202fCaribbean\u202fnations offering citizenship by investment programmes met with several US government officials to discuss ways to enhance security and due-diligence checks which will minimise any potential risks of the various CBI programmes on offer.<\/p>\n

Prime Ministers from\u202fSt Kitts and Nevis,\u202fAntigua & Barbuda,\u202fSaint Lucia,\u202fDominica\u202fand\u202fGrenada\u202fwere all in attendance, alongside the heads of each nation\u2019s Citizenship by Investment Units (CIU). The meeting, which was led by the Assistant Secretary of the US Department of the Treasury had some positive outcomes and all nations agreed to follow six processing principles which were suggested by the United States, including:<\/p>\n