SHOULD YOU PACK A BULLETPROOF VEST WHEN SERVING YOUR UPCOMING MANDATORY RESIDENCY PERIOD AT A CARIBBEAN CBI STATE?

Responding to American complaints that Citizenship by Investment (CBI/CIP) passport programs have no requirement that the purchaser of economic citizenships has a legal obligation to reside in his new adopted state (among other issues regarding integration into, and knowledge of, their new country), it appears that all five of the Eastern Caribbean CBI-issuing jurisdictions will be mandating uninterrupted actual residence for minimum periods. This may sound like an order to take a tropical holiday, but perhaps HNW. and UHNW individuals need to know that there are physical dangers in what they think are idyllic vacation spots.

All five of the EC CBI states have, to one degree or another, serious gang and organized crime problems, all involving narcotics, and the rival groups generally are not adverse to shooting at their competitors when they find them in the streets of the towns and villages of the Caribbean. a newly-arrived CBI passport holder, trying to serve out his mandatory residency period, may find himself not a crime victim of an intentional act, but simply by being in the market or shoppe when assassination attempts by drug dealers send bullets flying his way. The local law enforcement agencies, unable to suppress violent crime, are often only present after the fact, leaving the new SKN or SLC citizen with a gunshot wound in a country with few competent emergency room doctors to save his life. If you doubt the truth of those statements, look at the statistics.

Therefore, if you are considering the acquisition of a CBI passport that affords you visa-free entry into the EU, you may want to first perform a risk analysis on the level of personal safety you are likely to have, when living, albeit temporarily in your new Caribbean paradise; it may not be quite what the peson sho sold you that passport indicated it would be. Caveat Emptor

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Source of Caribbean Crime Chart:  https://getgoldenvisa.com/is-st-lucia-safe