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Citizenship-by-Investment practice in Caribbean nations coming under scrutiny
The controversial practice in some Caribbean nations of “Citizenship by Investment” was in the global spotlight Sunday as CBS’ “60 Minutes” put the focus on what it called simply: “Passports for Sale.”
Steve Kroft, along with producers Graham Messick and Evie Salomon, interviewed Lennox Linton, a member of Parliament in Dominica, who talked about the option of getting a passport there for as little as $100,000.
“You don’t even have to come to Dominica to get the citizenship. You pay the money from wherever you are,” Linton said.
Apart from Dominica and St. Kitts, Grenada, St. Lucia and Antigua also have adopted the program. Antigua & Barbuda’s Prime Minister Gaston Browne told “60 Minutes” that the revenue from the country’s three-year-old program has kept the government from defaulting on its international loans and has turned the economy around.
“60 Minutes” also reported that the sale of diplomatic passports is not part of the citizenship-by-investment program but goes on under the table in some cases, which has resulted in some crooked diplomats attaining them, especially in Dominica.
For more on this story go to: http://atlantablackstar.com/2017/01/02/citizenship-by-investment-practice-in-caribbean-nations-coming-under-scrutiny/