14
Caribbean Life, April 21-27, 2022
EU threatens citizenship program
continue.
By itself, the EU has
threatened to take away
visa free travel to its more
than 25 member states,
both for people who are
native to CIP countries as
well as to those who might
have invested hundreds of
American dollars to be eligible
to become Caribbean
citizens.
The move to amend the
CIP program in some capitals,
Antigua in particular,
comes as two American
congressmen have introduced
a bill to undermine
the CIP because they think
it enables human trafficking.
The No Travel for Traffickers
Act was introduced
two months ago by Congressman
Burgess Owens
and Steve Cohen in March,
sending the region into a
flurry of discussion sessions
to come up with adequate
ways to both respond
to the bill and to tactfully
amend programs to ensure
continuity.
“We may not be able to
change hearts and minds
in the US congress, but
we can diversify our own
offering to ensure we are
still attractive to investors
and investment from
other jurisdictions where
they are precluded from
obtaining citizenship
abroad,” Information Minister
Melford Nicholas told
reporters recently. “So it
is broadening the scope of
our offering that is the key
behind this requirement
looking to modify our
program going forward to
ensure that we can cushion
the impact of any fall
out that will come from
this threat, more from the
Schengen countries rather
than from the United
States.”
The CIP is a lifeline
for many regional countries
particularly those,
which suffered major revenue
losses from the now
defunct banana export
regime to the EU, fluctuations
from the tourism
sector and tax free trade for
hundreds of items manufactured
in the Caribbean
single trading bloc.
Dominica, for example,
recently said it raised $500
million in three years to
fund several infrastructural
projects including
sporting and road facilities
and needs the CIP to
prosper economically.
Continued from Page 1
Antigua and Barbuda
Prime Minister, Gaston
Browne. Gov’t of Antigua and
Barbuda
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