Mounting international pressure, particularly from the EU and UK, has cast doubt on the future of the Citizenship by Investment Programmes (CIP) in several Caribbean countries.
Actions taken by the UK against Dominica’s visa-free access have raised concerns that other nations could face similar consequences.
Antigua and Barbuda’s government is preparing to safeguard its economy and revenue streams by exploring alternative measures, including improving tax collection.
Minister Melford Nicholas highlighted the importance of tax revenue in supporting the country’s development.
Additionally, the government aims to enhance economic resilience through diversification in sectors such as logistics, education, and utilities management, with a focus on upgrading the cargo port for potential transshipment capabilities.
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