
Interview with CEO of CBC Mr. Slava regarding the Canadian Startup Visa
Questions and explanations regarding the Canadian Startup Visa.
Four of five Caribbean countries with CBI programs, namely Antigua and Barbuda, Grenada, Dominica, Saint Kitts & Nevis, signed a memorandum of understanding (MoU) to set the minimum threshold to $200,000 and collaborate on specific aspects. Saint Lucia set aside. The new obligations will come into force on July 1, 2024.
Apart from price increase, the agreement covers information exchange, implementation of best practices, security risks, regulatory aspect, due diligence, etc.
Thus, the MoU reflects the following spheres among other areas:
Pricing The parties are due to increase the minimum investment threshold to $200,000 no later than June 30, 2024.
Information Sharing and Transparency Standards The parties agreed to share information and programs and implement transparency measures.
Regulations The parties agreed to regulate the programs by creating a regional authority, that will establish standards with respect to the best international practices.
Security Screening The countries committed to implement Due Diligence and cooperate with each other on security processes.
Regulation of Agents, Marketing & Promotion of CIP The parties agreed to set common standards in order to manage communication processes and promote CBI programs.
Saint Lucia is not party to the agreement, which means that the price under St. Lucia’s program will be available from $100,000. Experts at One World consider that now is the best time for clients to benefit from the current rules, before the changes take effect. You can get a free consultation from one of our experts on Caribbean programs that are available today and choose the best option.
Questions and explanations regarding the Canadian Startup Visa.
The European Court of Justice has handed down a historic ruling ordering Malta to completely end its citizenship-for-investment program. The judges ruled that the sale of EU passports was contrary to the principles of European law and undermined trust between member states.
From June 1, 2025 Uzbekistan will launch a “golden visa” program - residence permit for $250,000 without mandatory purchase of real estate. Investors will receive a residence permit for 5 years with the possibility to include family members (additional payment of $150,000 per person).