New data from the European Commission in its seventh report on the visa suspension mechanism reveals important developments in Caribbean citizenship by investment programs. The report highlighted Saint Kitts and Nevis and Dominica as key countries offering these programs.
- Saint Kitts and Nevis: Issued 35,577 passports between 2015 and 2022.
- Dominica: Granted 34,596 passports between 2018 and 2022, with 9,539 passports issued in 2023 and 5,484 passports in the first half of 2024.
According to the report, five citizenship by investment programs (Antigua and Barbuda, Grenada, Dominica, Saint Kitts and Nevis, and Saint Lucia) received a total of 59,258 applications, from which more than 100,269 passports were issued by mid-2024.
Sources of Applications
The data shows that the majority of applications come from countries whose nationals require a visa to enter the European Union, including Iran, China, Syria, Iraq, Nigeria, and Lebanon.
Strengthening Cooperation Between the European Union and Caribbean Countries
The European Union and Caribbean nations are entering a new phase of cooperation to develop standards and procedures for security checks. The report confirmed that the European Union will continue to monitor the implementation of reforms in these countries, taking into account the broader political context of relations with partners.
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