The economic challenges facing the Caribbean notwithstanding, there are indications that amongst global investors the region is still favoured among seekers of sound investments as havens for opportunistic citizenship-seekers.
A recent study by CS Global Partners, an international legal advisory firm specialising in citizenship and residency solutions, points to a surge in the number of citizenship applications for Caribbean islands during recent months, even as the region’s economic woes deepen in the wake of the ongoing Covid-19 pandemic.
CS’ recent disclosure points to rising numbers of investment seekers in several countries in the Caribbean including a number of Caribbean Community (CARICOM) territories. The numbers recently released by the firm point to a 42% increase in the numbers of citizenship seekers targeting the region compared with 2019.