Antigua and Barbuda’s Citizenship by Investment Programme (CIP) has been ranked number four in the world in the CBI Index published by the Professional Wealth Management (PWM) – a publication from the Financial Times.
The index releases yesterday had Dominica at number 1, St. Kitt and Nevis number two and Grenada at number three.
In April an index published by Henley and Partners had Antigua as the number one programme in the region.
According to the new report, Dominica remains the world’s best economic citizenship jurisdiction due to maintained high levels of timeliness and simplicity in process, an affordable investment threshold, and a robust due diligence framework.
However, critics of the programme say the calculations do not take into account any possible negative factors. They are therefore inaccurate and misleading and only serve as selling points in international CBI consultancies’ marketing programs.
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