Representatives from the EU Fee, together with the Head of Visa Coverage and the EU’s liaison in Barbados, not too long ago visited Dominica to fulfill with the 5 OECS islands that provide citizenship by funding programmes. The assembly was hosted on the Intercontinental Dominica Cabrits Resort final week.
The intention was to carry collaborative discussions with the technical groups and for clearer understanding by the EU of the constructions in place to mitigate danger.
The dialogue was held between EU officers and completely different representatives from CBI Models of Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, and Saint Lucia.
The EU met with every nation individually with the goal to technically assess their inner processes. It was shared that EU officers have been impressed with the safeguards which were put in place in every of the Models.
Throughout their assembly, the European Union officers understood the importance and impression the Citizenship by Funding trade has on these islands and their folks. They have been impressed to see new infrastructure tasks throughout Dominica. In addition they recognised how the Citizenship by Funding (CBI) trade is making a constructive impression on growth.
EU Officers famous that the all of the international locations have been prepared to enhance the trade, recognising that CBI contributes positively to the financial progress and growth of the collaborating nations.
They additional emphasised the shared dedication to reinforce insurance policies and practices, guaranteeing that the Citizenship by Funding Programmes result in sustained advantages and foster prosperity and alternatives for each the islands and their residents.
Moreover, the officers added that the European Union is at all times open to listening and appreciates the nice and cozy welcome in addition to intensive dialogue on the CBI trade.
Through the assembly, the representatives of the European Union stated that they perceive the significance of the Citizenship by Funding Programme for the area.
Officers added that the EU understands goals of the CBI trade for collaborating international locations, emphasising its function in fostering financial growth and progress. This acknowledgement highlighted the constructive impression the Citizenship by Funding initiatives have on the general well-being of the international locations.
Impressed by the island’s dedication to thorough background checks, the officers acknowledged the significance of sustaining excessive requirements in vetting candidates.
Marie-Therese Johnson, the top of the CBI Unit in Dominica, emphasised that stringent due diligence not solely upholds the integrity of the Citizenship by Funding Programme but additionally ensures that solely certified and respected people are granted citizenship, contributing to the sustained success and credibility of the initiative.
European Union officers additionally lauded Dominica for including one other layer to the due diligence by introducing obligatory interviews for all candidates and their dependents aged 16 and above.
Notably, the constructive assembly between the Caribbean CBI Jurisdictions and the European Union representatives has opened up promising collaboration alternatives.
The EU acknowledges the potential for mutual cooperation in refining and strengthening CBI programmes within the Caribbean area. This collaborative strategy goals to foster shared experience, greatest practices, and regulatory frameworks, guaranteeing that the programmes adhere to worldwide requirements.
Officers added that such partnerships current an avenue for information alternate, selling transparency and integrity within the implementation of Citizenship by Funding initiatives.
The current assembly can also be part of the EU’s acknowledgement of collaboration alternatives and underscores a dedication to working collectively for the continued success and growth of those programmes.
