Citizenship by Investment, or CBI, is the grant of citizenship in return for economic contribution to a country’s economy. An individual is rewarded with the greatest honor possible- rights and privileges that are sacred.
- The modern CBI industry traces its roots to the twin-island of St. Kitts and Nevis back in 1984, immediately after gaining independence from the United Kingdom. Since 2013, the number of the Eastern Caribbean CBI programs has grown, and now it is the exception if a regional economy is
not offering a CBI program. - In a challenging economic climate, CBI has provided a much needed life-line tothese island states. It is most uncertain how these island economies would have survived and bounced back after the recent spate of natural disasters.
- CBI revenue is used for re-current expenditure, capital projects and private sector real estate development.
- Residence and citizenship by investment programs are now offered by over 80 countries.
- Global Industry is conservatively estimated to be a US$21.4 billion market that’s growing by 23% a year.
- A report recently from IMI Insider stated that “57,000+ Chinese spent more than US$44 Billion” on in the last decade.
- When a country enters the CBI market, they are doing it to generate revenue and investment.
- It is a highly competitive market with minimum investments ranging from US$100,000 to Euro 10 million.
- CBI programs typically have two routes: an applicant must either make a contribution to a government fund or invest in a pre-approved real estate.
- So long as the government stays in the CBI game, as each successive one has done for the past 26 years, then it is a business in which we must remain competitive.