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According to Caribbean Life News, Eastern Caribbean governments which sell golden passports and citizenships to wealthy foreigners say they have failed to persuade the European Union (EU) that recent security upgrades to the Citizenship by Investment Program (CIP) will make it any safer, so the EU has given them until 2028 to shut them down or lose visa free travel access for citizens. The two sides met on the sidelines of the ongoing UN General Assembly in New York, but reports are that the EU is not budging on its position that the smaller Eastern Caribbean islands do not possess the ability to properly scrutinize the backgrounds of applicants so they want the program gone in two years or visa free access will be removed for islanders. ‘The Europeans are adamant,” said St. Lucian Prime Minister Phillip Pierre. “There were some people who thought that that could be negotiated. But the guy was clear. He said, once you ha
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