C'bbean leaders consider programme for selling citizenship

by

July 05, 2016
Prime Minister Andrew Holness

Regional leaders are expected to have discussions on citizenship by investment programmes, which have been implemented in countries such as St Kitts and Nevis, Antigua and Barbuda, Grenada, and St Lucia.

Prime Minister Andrew Holness is leading Jamaica's delegation to the 37th Regular Meeting of the Conference of Heads of Government of CARICOM being held in Georgetown, Guyana.

Jamaica's main investment vehicle, JAMPRO, has confirmed that the Government is looking to implement a residency-through-investment programme, which is similar to the sale of citizenship to wealthy people.

The CARICOM meeting began yesterday and ends on Wednesday.

The St Kitts and Nevis govern-ment was the first regional state to initiate a citizenship-by-investment programme in 2006, offering wealthy investors a passport that would guarantee visa-free travel to more than 100 countries around the world for a minimum investment of US$250,000.

Matters pertaining to the CARICOM Single Market and Economy such as the free movement and facilitation of travel within the Caribbean Community will also be discussed.

Holness returns to the island on Friday. During his absence, Horace Chang will be in charge of the Government.

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