Citizenship By Investment Programmes – Golden Passports or Silver Linings?
Across the world, Citizenship by Investment Programmes have come under increased scrutiny due to concerns of transparency and accountability. What is clear is that they are a necessary aspect of the economic survival of the Caribbean nations that offer them. The significance of these initiatives are magnified in the pandemic era where small island developing states have suffered tremendously.
While there are many benefits to golden passport holders who contribute to the revenue of the islands, it is unclear how beneficial they are to the citizens of these countries. We explore how they operate, the concerns around them and the difference it makes in the lives of the people the Caribbean region.