The Caribbean region’s beautiful sunny shores, turquoise waters and tax benefits have long attracted people from around the world looking for a second passport. This trend has increased in recent years due to Citizenship by Investment (CIB) programs. These programs offer fast-track citizenship in the country of your choice if you invest a certain amount of money in that country’s government project.
From paperwork to mandatory interviews for candidates
In 2023, Caribbean CBI programs faced some strategic changes. This was mainly because several countries wanted to strengthen their due diligence and manage potential security risks. This led to the implementation of mandatory interviews for candidates. This means that meticulous background and document checks are now carried out. Additionally, a face-to-face (or virtual) conversation with program leaders is now mandatory.
What to expect during the interview
The format of the interview and its purpose may vary by program, but the differences are minimal. You can generally expect questions about your motivations for seeking dual citizenship, your investment plans, and their details. They will ask you questions to determine how well you understand the programs’ terms and conditions. Additionally, you should be prepared to answer questions about your source of income, source of funds, and personal and professional background, have your documents in order, and speak clearly and confidently about your qualifications and plans. .
Which countries are conducting interviews?
As of December 2023, the following Caribbean CBI programs have mandatory interview requirements:
- Dominica: All applicants ages 16 and older must complete a virtual interview for a fee of $1,000.
- Antigua and Barbuda: As of December 15, 2023, interviews are mandatory for all applicants, including family members aged 16 and over. The interview fee is $1,500 per application.
- Grenada: Interviews began on September 4, 2023 for all principal applicants and dependents aged 17 and over. The fee is a flat rate of USD 1,000.
- Saint Kitts and Nevis: Although mandatory for principal applicants, interviews for dependents aged 16 and over are at the discretion of the Citizenship by Investment Unit (CIU).
Benefits for countries offering CBI programs
The introduction of mandatory interviews is not only about examining candidates; this also benefits countries offering CBI programs. Here’s how:
- Improved Security and Integrity: Interviews allow for a more personalized assessment of candidates, potentially reducing the risk of admitting individuals with criminal histories or questionable financial practices.
- Enhanced Due Diligence: Face-to-face interaction allows for a deeper understanding of the candidate’s intentions and motivations, leading to more informed decision-making.
- Enhanced program reputation: By demonstrating their commitment to stricter screening procedures, countries can strengthen the credibility and appeal of their CBI programs.
FAQ:
- Do all Caribbean CBI programs have interviews?
No, not all programs have mandatory interviews in place yet. However, the trend is toward stricter due diligence, so more programs will likely follow in the future.
- What happens if I fail the interview?
Each program has its policies regarding failed interviews. Generally, you may be able to reapply after a certain period of time.
- Can I use an interpreter for the interview?
Yes, most programs allow applicants to hire an interpreter if necessary. Implementing mandatory interviews for applicants may seem like a hurdle at first, but keep in mind that the Caribbean region is a popular destination among global citizens seeking dual citizenship. These talks are therefore a way to highlight the commitment of these nations to making their countries safer for their citizens and for you. If your preparation is thorough and you clearly understand your goals, you will easily navigate this journey to citizenship in the beautiful Caribbean.