Antigua and Barbuda CBI Faces Enhanced Security Measures under EU Directive

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Pointe Xpress – In response to concerns over safety and security, the European Union (EU) is introducing stringent guidelines for countries operating Citizenship By Investment Programmes (CBI), including Antigua and Barbuda.

Prime Minister Gaston Browne’s recent discussions at the EU headquarters in Brussels paved the way for these new directives.

 

The EU aims to ensure robust due diligence by reputed international firms, mandatory interviews for applicants, enhanced security measures for document handling, increased investment thresholds, and monitoring of fund transfers to host countries.

The EU’s focus is to safeguard its region, urging CBI nations to uphold exceptional standards to protect EU citizens.

 

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7 COMMENTS

  1. I thought we already used one of the top tiered firms to do the due diligence. Is this another blatant lie?

    • It has started, soon they go tell us bout take chip in hand, as I d n wallet…
      Ain’t nobody reading they bible now, every body too distracted by worldly things

  2. Antigua has been hiding some of the most notorious scammers and fraudsters over the years, the like of Sanford and others, so I don’t know which so-called top firm they have been using to do the vetting?

    A lot of the people that benefits from this CBI foolishness, are from countries that have heavy scrutiny by most first world countries like the USA and The EU, so I always was one of the belief that this CBI program is fraught with corruption and bring in a lot of unscrupulous characters into our island.

    Nothing wrong with investing in different parts of the world, because I do, but just giving away citizenship and passports because someone spends a few dollars, is just a vehicle for shady business and shady characters.

    How a 1000 so-called rich African tourist were brought here and simply just disappeared (some lost at see)
    Is blatant evidence of that corruption, and you better believe that Britain, America, and the EU is looking at all that mountain of evidence.

    We have a government that is so messy in it’s dealings, that their actions are going to cost us Antiguans a lot in the years to come, and this must be addressed.
    Unfortunately we the people gave them another 5yrs to further drag us in the ground, just look at all the wrong moves and bad decisions that has taken place since the election, just look.

    If Antiguans need any more evidents than these terrible decisions that were made one after the other, then we are blinder than I thought and more dupped than the days of Allan Sanford and the likes.

    I said over a year ago that Antigua was on the verge of being a failed nation and was on the verge of inward calapse, because I saw it in the way the economy was running when I visit..Antigua has what you called a fringed economy, everything looks good on the fringes, a fairly decent airport, a fairly decent see port, grand hotels all around the beaches, but in the meantime the interior is in perils. You have young people without jobs and just walking around smoking and committing desperation crimes, you have homeless people allover the city, there are stray hungry dogs everywhere, the city and it’s infrastructure is falling apart, you have more casinos and gambling that will bolster crime, and then you have a government that is fine with just a little window dressing here and there, like fixing up few abandoned hotels, and trying to claim a taught that is not theirs, so they can keep their budget afloat. Just simple window dressing.

    So no this is not me just passing blame, this is me trying to open the eyes of our Government and try and inspire them to greatly improved the parts of the economy that are deeply lacking, the people who are suffering in the interior, the distruction of the island that is happening from the inside out, and stop being a fringed and window dressing economy.

    If the working class and them that are without work are living way below the poverty level of any country, then what you have or are left with, is a depressed society, and this is what I see in Antigua over and over for the last 15yrs going back home on a regular.

    I know a lot of times critical thinking people like me, our words will fall on deft ears, but us good patriotic Antiguans are still holding on to hope for our little island, and it starts at the top. Government are elected to create jobs and a decent living for their people, not just to rule and live fat on the hog, so this damn government better get going before Antigua is left further behind in this fast paste world that we are living in.

    Thanks.

  3. “The EU aims to ensure robust due diligence by reputed International firms, mandatory interviews for applicants, enhanced security measures for document handling …”

    European Union translation to the ABLP:

    NO MORE SUBCONTRACTING OUT TO USELESS THIRD PARTIES … OR ELSE!

  4. Brix…those and more were my thoughts as well.
    The EU clearly had the ABLP and the Dominican governments in mind.
    If Browne was really at this meeting, he had to have hung his head in shame…and is now figuring out how to get around the new rules. Any backdoor deal that was made with the ‘Air Peace’ contingent could be in jepoardy! Look trouble now!

  5. To hell with the EU. Like Canada, Antiguans are not going in that direction; if you are in doubt, ask the Top Darg.

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