I direct your attention to the recent article, appearing in the University of Miami School of law International and Comparative Law Review, entitled WHO GETS TO SELL A PASSPORT? THE EU'S CARIBBEAN ULTIMATUM AND THE RULE THAT QUIETLY CHANGED (Vol. 33, Issue 2, 2026), which contains an objective, thorough legal analysis of the European Union's reasoning behind its ruling that there must be a "genuine link," or meaningful connection, between an individual and that "payments through a transactional procedure" are a violation of EU law; naturalization cannot be reduced to a purchase.
The author does touch, in passing, on the abject failure of Caribbean CBI and CIP states to perform effective due diligence as a national security risk factor in the EU decision, and the United States policy of effectively ending visa entry for citizens of Antigua & Barbuda, for the same reason, and remarked that such security concerns are real, citing a non-Caribbean CBI jurisdiction where inadequate due diligence allowed sanctions and prosecution evasion.
While the article is critical of the EU, for its own residency-to-citizenship programs, which require years of genuine connection with the jurisdictions offering such ultimate benefits, and it questions whether the five Eastern Caribbean states have a bona fide chance to delay, or modify, the June 2028 deadline set by the European Commission, its conclusions should serve to convince Caribbean government leaders, and their counsel, that the end is coming, and they had best start making alternative arrangements for cash flow, to cover their bloated governmental budgets, or pare them down severely, as 2028 is not merely a negotiating tool, but a reflection of national policy. Change is coming soon t0 the five Eastern Caribbean CBI states pay their bills, and they has best adapt early on, or face the consequences.
Here is the link to the article:
https://international-and-comparative-law-review.law.miami.edu/who-gets-to-sell-a-passport-the-eus-caribbean-ultimatum-and-the-rule-that-quietly-changed/

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