Citizenship by Investment: 8 Key Trends

Vago Barseghyan

•

November 16, 2024

Citizenship by Investment (CBI) industry has seen significant growth, driven by high net-worth individuals (HNWIs) seeking enhanced global mobility, economic opportunities, and lifestyle improvements. Several key trends are shaping its future, reflecting the evolving landscape of global citizenship and the sophistication of investment migration programmes — read them below!

‍

Table of contents

Example H2

Example H3

1. Citizenship by Investment: Rise of the Global Citizen

Citizenship by Investment is facilitating the emergence of a cosmopolitan class with multiple residencies and citizenships. These global citizens leverage diversified geographic portfolios for greater resilience and expanded personal and business growth horizons. The rise of the global citizen underscores the importance of global mobility in an interconnected world.

2. Citizenship by Investment: Increasingly More HNWIs from Countries with Limited Global Mobility

An increasing number of HNWIs from regions with limited global mobility, such as the Middle East and Southeast Asia, are turning to Citizenship by Investment programmes. These individuals seek greater travel freedom, economic opportunities, and stability that their home countries may not offer. Citizenship by Investment provides a pathway to overcome these limitations and achieve their global aspirations.

3. More Structured and Transparent Caribbean CBI Programmes

Caribbean Citizenship by Investment programmes have become more structured and transparent, attracting a growing number of investors. These programmes clearly outline investment requirements, application processes, and benefits, making them appealing for those seeking clarity and reliability. The transparency and efficiency of Caribbean CBI programmes set a benchmark for the industry.

4. Citizenship by Investment: Positive Economic Impact on Host Country

Citizenship by Investment programmes generate significant foreign direct investment, which stimulates job creation and economic growth in host nations. Funds from CBI and Residency by Investment (RBI) programmes are often directed towards national development projects and infrastructure improvements. This positive economic impact highlights the mutual benefits of investment migration for both investors and host countries.

5. Citizenship by Investment: Enhanced Due Diligence, Scrutiny, and Regulation

Governments worldwide are implementing stricter regulations and enhanced due diligence to ensure the integrity of their Citizenship by Investment programmes. Rigorous background checks and compliance requirements help maintain the credibility of CBI and RBI programmes. This increased scrutiny aims to address concerns over money laundering, tax evasion, and other illicit activities, ensuring that only reputable individuals benefit from these programmes.

6. Wider Range of Individuals Benefiting from CBI Opportunities

Citizenship by Investment is becoming more accessible, with firms developing customised solutions for a broader spectrum of HNWIs. Improved marketing strategies and a client-focused approach are expanding the reach of CBI programmes. Firms are tailoring their services to meet diverse needs and preferences, making Citizenship by Investment opportunities available to a wider range of individuals.

Vago Barseghyan

Our blog covers a combination of industry trends and professional insights. We provide updates on real estate investment opportunities through citizenship by investment programs, global mobility and more! Sign up for our newsletter to stay on top of industry trends!

Vago Barseghyan

Antigua and Barbuda enjoys a tropical maritime climate, characterised by warm temperatures year-round, with an average of 27°C (81°F). The islands have a relatively dry season from January to April, with a wetter season from May to November. The islands have robust infrastructure and emergency systems in place to manage such events.

Originally inhabited by the Arawak and Carib peoples, the islands were colonised by the British in the 17th century. The cultural landscape is a blend of African, British, and indigenous influences. This rich history is reflected in local music, dance, and festivals, with calypso, reggae, and steelpan music being particularly popular. Cricket, a legacy of British rule, is the most popular sport, and sailing is also popular, reflecting the islands' strong maritime culture.

Antigua and Barbuda boasts 365 beaches, one for each day of the year, along with coral reefs, lagoons, and lush vegetation. The country’s landscape is primarily flat, with rolling hills and volcanic rock formations. The islands are also home to rich biodiversity, making them a haven for nature lovers.

Antigua and Barbuda have a stable democratic government based on the British parliamentary system. The country is generally regarded as having a manageable level of bureaucracy, with a reasonably straightforward process for interacting with government agencies. Retirees will find that essential services like renewing a driver’s licence, paying taxes, or obtaining necessary permits are relatively simple, although some processes can be slow due to limited resources. The government has been making strides in digitising services to reduce in-person visits and streamline processes.

Antigua and Barbuda is known for its lively events and festivals, particularly Carnival, one of the year's most anticipated events. Antigua Sailing Week is another major event, attracting sailors and spectators from around the world. These festivals are deeply rooted in the local culture and provide a vibrant social scene for retirees.

Dominica has a tropical rainforest climate, with high humidity and heavy rainfall, particularly on the windward side of the island. Temperatures are warm year-round, averaging 26°C (79°F), with cooler conditions in themountainous interior. The island’s lush greenery is a result of its abundantrainfall.

Dominica's culture is a vibrant mix of indigenous Kalinago heritage, African traditions, and European colonial influences, particularly French and British. The island was originally settled by the Kalinago people, and their influence is still present today, especially in the Kalinago Territory. African traditions have also left a profound mark, particularly in the island’s music, dance, and festivals. Dominica’s outdoor sports are heavily influenced by its rugged terrain, with hiking and diving being popular among locals and expatriates alike, although there is of course cricket for those with more sedentary dispositions.

Known as the "NatureIsland," Dominica is characterised by its rugged terrain, rainforests ,waterfalls, and geothermal activity. The island is home to the UNESCO-listed Morne Trois Pitons National Park, as well as numerous rivers and lakes. Dominica’s unspoiled natural beauty is a major draw for retirees who appreciate ecotourism and outdoor adventures.

Dominica’s government operates under a parliamentary democracy, with a legal system rooted in English common law. While the country’s bureaucracy is smaller and more accessible, some processes can be slow, particularly in rural areas. However, the government is generally cooperative and accommodating, particularly for expatriates. It’s advisable to have local assistance or a legal advisor to navigate more complex processes, such as property transactions or dealing with land registries.

Dominica hosts several unique cultural events, including the World Creole Music Festival and Carnival. The island’s festivals are deeply connected to its Creole heritage, offering retirees a chance to immerse themselves in local traditions and music. Dominica’s Independence celebrations also feature traditional dances, music, and cuisine.

Grenada has a tropical climate with relatively consistent temperatures throughout the year, averaging around 28°C (82°F). The dry season runs from January to May, while the wet season is from June to December. Although Grenada is located on the southern edge of the hurricane belt and is less impacted the another Caribbean islands, it is not immune to these storms as has been seen recently with Hurricane Beryl. The island has since improved its hurricane preparedness and infrastructure resilience and the value of these improvements has led to greater preparedness for such events.

The island was originally inhabited by the Arawak and Carib peoples before being colonised by Europeans. Grenadian culture is characterised by a strong sense of community, vibrant music, and dance traditions, such as calypso and soca. French influence on the island is evident in its place names and culinary traditions. Cricket and football are the most popular sports, and sailing and water sports are also widely enjoyed.

Known as the "SpiceIsle," Grenada is famous for its aromatic plantations, waterfalls, and pristine beaches. The island’s volcanic origin provides a diverse landscape of mountains, rainforests, and coastal areas. Grenada’s natural beauty is complemented by its extensive marine life, making it ideal for snorkelling and diving.

Grenada also follows a British-style parliamentary democracy. The country’s bureaucracy is relatively user-friendly, with many government processes being straightforward and accessible. Retirees generally find it easy to interact with government departments for routine tasks such as registering a vehicle, renewing licences, or paying taxes.

Grenada’s Spicemas Carnival is the island’s most significant cultural event, celebrated with colourful parades, music, and dance. The island also hosts the Grenada Sailing Festival and the Pure Grenada Music Festival, both of which attract international visitors. These events provide a lively social calendar for retirees.

Saint Kitts and Nevis has a tropical climate, with temperatures ranging between 24°C (75°F) and 31°C (88°F) throughout the year. The islands have a dry season from December to April and a wet season from May to November. Located within the hurricane belt, Saint Kitts and Nevis is vulnerable to hurricanes, especially between June and November, but the islands have strong building codes and disaster response plans in place to reduce the impact of the senatural events.

The cultural heritage of Saint Kitts and Nevis is shaped by its history of indigenous Carib and Arawak inhabitants and European colonisation. Saint Kitts was the first Caribbean island to be colonised by the British, and Nevis has a rich history as a major sugar producer. The islands' cultural roots are a blend of African, British, and French influences, reflected in the local cuisine, music, and festivals. Cricket and football are deeply ingrained in the local culture and, along with sailing and hiking, are integral to the islands' cultural life.

The twin islands of Saint Kitts and Nevis are known for their volcanic mountains, rainforests, and beaches. The islands are home to the UNESCO World Heritage site of Brimstone Hill Fortress and offer stunning views from places like Mount Liamuiga. The islands’ natural beauty is one of their strongest appeals to retirees.

Saint Kitts and Nevis operates under a stable parliamentary democracy, with governance structures similar to those of other Commonwealth countries. The islands have a relatively low level of bureaucracy, and dealing with the government on a day-to-day basis is generally straightforward. Most routine administrative tasks, such as obtaining permits, paying taxes, or registering property, are manageable, although some processes can take longer than expected due to limited staffing. The government is trying to modernise its operations, including digitising more services, which should help reduce delays and improve overall efficiency.

The islands of Saint Kitts and Nevis host several vibrant festivals, including Carnival, the Saint Kitts Music Festival, and Culturama, which is unique to Nevis. These events celebrate local culture, music, and heritage, offering retirees plenty of opportunities to engage with the community and enjoy local traditions.

Saint Lucia enjoys a tropical climate with warm temperatures year-round, typically ranging from 25°C (77°F) to 30°C (86°F). The dry season extends from December to May, while the wet season is from June to November. Saint Lucia is situated near the edge of the hurricane belt, making it prone to hurricanes and tropical storms but less so than those further north. The government has invested in improving hurricane preparedness and infrastructure resilience to protect the island from future storms better.

Saint Lucia's culture is a unique blend of African, French, and British influences, reflecting its complex history of colonisation. The island was originally inhabited by the Arawak and later the Carib people, before being contested by the French and British for centuries. The French influence is particularly strong in the island's Creole language, cuisine, and Catholic traditions, while British colonial rule has left its mark on the legal system and sports, particularly cricket. The island’s dramatic landscapes, including the iconic Pitons, provide a stunning backdrop for outdoor sports like hiking and diving, which are popular among locals and retirees alike.

Saint Lucia is famous for its dramatic Pitons, volcanic peaks that rise sharply from the sea. The island’s landscape includes rainforests, beaches, andSulphur Springs, the Caribbean’s only drive-in volcano. Saint Lucia’s natural beauty is among the most striking in the Caribbean, attracting retirees who enjoy outdoor activities and scenic views.

Saint Lucia’s government is a parliamentary democracy, and the country has a reputation for a relatively efficient bureaucracy compared to other Caribbean nations. For retirees, dealing with the government is typically hassle-free for most day-to-day tasks like renewing a driver’s licence, paying taxes, or obtaining residency permits. Saint Lucia has been proactive in improving its e-government services, allowing for easier access to information and quicker processing of certain requests online.

Saint Lucia is famous for its Jazz and Arts Festival, which attracts international artists and music lovers. The island’s Carnival is another major event, featuring parades, music, and dancing. Additionally, the La Rose and La Marguerite festivals celebrate the island’s unique cultural heritage, offering retirees a rich cultural experience.

Citizenship by Investment: 8 Key Trends

1. Citizenship by Investment: Rise of the Global Citizen

2. Citizenship by Investment: Increasingly More HNWIs from Countries with Limited Global Mobility

3. More Structured and Transparent Caribbean CBI Programmes

4. Citizenship by Investment: Positive Economic Impact on Host Country

5. Citizenship by Investment: Enhanced Due Diligence, Scrutiny, and Regulation

6. Wider Range of Individuals Benefiting from CBI Opportunities

Request a call back

Thank you for contacting us!

Thank you for contacting us!