CBI INDEX 2022: CS GLOBAL PARTNERS REPORTS THAT CARIBBEAN NATIONS EYEING TOP POSITIONS
London, Aug 15 (Bernama-GLOBE NEWSWIRE) -- The CBI Index which is a yearly report that compares citizenship by investment programmes by ranking their performances and desirability is due for release later this week. The index ranks programmes through nine pillars of excellence that measures their overall performance and appeal.
Released yearly by the Financial Times’ PWM Magazine, the CBI Index rating system uses a wide range of indicators to measure how well global citizenship by investment (CBI) programmes work and how appealing they are. Its goal is to provide a rigorous and systematic way to evaluate programmes and make it easier for people to take informed choices about economic citizenship.
The 2021 CBI Index featured fourteen countries from around the world, with five from the Caribbean region: Antigua and Barbuda, Dominica, Grenada, Saint Lucia and St Kitts and Nevis. The index also featured nine countries from Europe, Africa, the Middle East and Asia, including Austria, Bulgaria, Cambodia, Egypt, Jordan, Malta, Montenegro, Turkey and Vanuatu. The Caribbean region are pioneers of the CBI industry, with St Kitts and Nevis launching the world's first citizenship by investment programme in 1984.
Since the launch of the CBI Index in 2017, the Commonwealth of Dominica has been topping the charts and is regarded as one of the world's leading citizenship by investment programmes. The Dominica CBI has continued to post exceptional scores for each of the nine pillars. Launched in 1993, it is the second oldest CBI programme in the world, with the government utilising the inflow of revenue to mitigate the impact of climate change and natural disasters.
In the 2021 CBI Index, Dominica scored a maximum score of ten in five out of the nine pillars, while scoring a solid nine in the citizenship timeline pillar. The minimum investment outlay, mandatory travel, ease of the process, due diligence, family, and certainty of product pillars showed the performance of the Dominica CBI, which scored a final score of 80. There are speculations that Dominica might emerge as the best CBI programme this year.
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