Financial Times Limited’s Professional Wealth Management evaluated citizenship by investment programs and concluded that the best ones are not in Europe, but in the Caribbean.
In total, the authors of the Citizenship By Investment 2020 study evaluated 14 “golden passport” programs according to various criteria – the cost of participation, simplicity of procedures, the ability to include family members among the recipients of citizenship, etc., Kommersant reports .
According to the results of the assessment, the Dominica investment citizenship program was recognized as the best. The remaining top 5 participants also belong to the Caribbean region:
Saint Kitts and Nevis;
Antigua and Barbuda.
Popular with Russians, Cyprus took 8th place in the ranking, leaving behind Vanuatu and Malta, but ahead of Montenegro, Turkey, Bulgaria, Austria, Cambodia and Jordan.
The publication notes that the rating was published a few days after another scandal with the program of “golden passports” and visas of Cyprus: the local publication Politis published a list of three dozen foreigners who received citizenship in exchange for investments. The newspaper claimed that the list was contained in a letter marked “secret” that President Nicos Anastasiadis sent to “political leaders” of the country.
Shortly before this, the “golden passports” of Cyprus became the subject of a series of rather negative publications by Al Jazeera, after which at the highest political level they started talking about the need to at least freeze the program , or even completely close it.