President Donald Trump today signed a Presidential Proclamation expanding existing entry restrictions on nationals from several countries, including the Commonwealth of Dominica and Antigua & Barbuda, two of the Caribbean states selling Citizenship by Investment passports. These two jurisdictions were added, according to the language of the Proclamation, because their CBI programs have historically never had residency requirements.
What the reaction of native-born Antiguan and Dominican citizens will be to these restrictions on their ability to visit the United States will be we cannot predict, but public pressure to reform the CBI/CBI programs will most certainly be swift and politically effective, as this is the first time that there have been such restrictions or outright blocking of visiting rights. Whether they pose an existential threat to the passport sales programs themselves we cannot yet determine, but we will be closely watching political developments inn these two Eastern Caribbean states.

No comments:
Post a Comment
Note: Only a member of this blog may post a comment.