ARE THE CITIZENSHIP BY INVESTMENT JURISDICTIONS LIABLE FOR DAMAGES TO THEIR PURCHASERS FOR FAILURE TO MAKE FULL AND FAIR DISCLOSURE REGARDING POTENTIAL RISKS?

Have you seen what amounts to be a CBI client advisory service advertised online, offering advice and counsel on which Citizenship by Investment is right for the inquiring investor?

What does a lawyer see when he looks at a government-licensed economic citizenship program, purchased by his high net worth client, acting without the benefit of competent legal counsel? If his client, now unhappy with his six figure investment for a major, valid reason, comes to him with a serious problem, he does his research, explores legal theories, and considers what cause of action has the best chance of success. He sees a well-oiled public relations sales campaign, run efficiently by the investment migration industry, which focuses on the number of visa-free jurisdictions that the holder of a specific CBI passport can visit this month, but neglects to educate the consumer about what negative events loom on the horizon. He sees the programs themselves falling over each other, in friendly competition, trying to sound like the gold standard in the industry, while the leaders of the Caribbean CBI states and their Cabinet officers, who run the CIUs, are exposed in major media or lawsuits for money laundering, fraud and systemic corruption. He sees troubled national governments taking steps to rein in such programs, which have become a threat to their national security, increased white collar crime dangers, and field day for bribes and kickbacks by industry players. So, what will he do? Threaten or bring a civil action for failure of the operators to detail negative information in their marketing materials, or for material misstatement of fact? How will be make his client whole, whose investment may just be a liability just waiting to happen, the next time he presents that passport at at international airport of entry, and ends up being interrogated, being subject of a law enforcement investigation, or worse deported? Is his EU/UK visa-free entry, the sole reason he purchased in the first place, now subject to close screening or restrictions? I am waiting to see what the first wave of litigation over CBI passports will look like; perhaps you should, too.

MAJOR PLAYERS IN IRANIAN SHADOW BANKING NETWORK DISGUISED THEMSELVES WITH SAINT KITTS AND NEVIS & DOMINICA CBI PASSPORTS

Today's U.S. Treasury press release announcing sanctions,"Economic Fury Targets Iranian Shadow Banking Networks Moving Billions in Foreign Currency," https://lnkd.in/e9dr-qVV notes that the principals at two of the sanctioned Iranian foreign currency exchanges use SAINT KITTS AND NEVIS and DOMINICA CBI passports to obscure and conceal their ties to Iran.

How did they get those passports, since both reside in Iran, and have assets and businesses there, which is an absolute disqualifying factor for CBI application. The answer is that the leaders of those two Caribbean CBI states, ROOSEVELT SKERRIT and TERRANCE DREW, run totally bogus due diligence programs at their respective CIUs( government agencies). If this is not sufficient grounds for compliance officers demanding enhanced due diligence, upon encountering CBI passports at Account Opening, I don't know how much more evidence you need to beware CBI and CIP passports originating in the Eastern Caribbean; indeed, Caveat Compliance Officer.

CORRUPTION ON A GRAND SCALE MARS ANTIGUA'S NATIONAL ELECTION

Unless you monitor Caribbean politics, you probably missed the National Election that took place yesterday (30/4/2026) in ANTIGUA AND BARBUDA; as expected in a jurisdiction known to be infected with systemic voting fraud and widespread voter receipt of illegal cash payments on voting day. The Antigua and Barbuda Labour Party remained in power, carrying 15 of 17 seats in Parliament. This occurred notwithstanding the ongoing ALFA NERO scandal, where it has been alleged in pending litigation in the United States that Antigua Prime Minister GASTON BROWNE received a USD$6million kickback for selling a luxury yacht illegally seized by his government at a seriously reduced price, under suspicious circumstances. Whether we will see the imposition of additional sanctions by the United States, who has already restricted the ability of Antiguans to obtain visas to visit America, as the direct result of this election is too soon to predict, but it remains a concern. The affiliation of the Browne administration with Cuba and China has not gone unnoticed in the current, polarized Caribbean political climate, and anything can happen. While Browne will most likely never be charged with criminal conduct in Antigua, where his party controls a corrupt judiciary, there are pending and threatened judicial proceedings in the United States, the United Arab Emirates (UAE), and Russia, any one of which could result in a criminal indictment; such an event could precipitate his removal from office, especially if he is taken into custody and transported to the jurisdiction where the trial will be conducted. We will continue to monitor developments regarding Antigua as they unfold, especially the new Discovery action in the American Alfa Nero proceedings.