"Golden passports", an international investment initiative, has come under increasing scrutiny as "citizenships for sale". #Caribbean “golden passports” are getting more expensive, perhaps as a deterrent or attempt to minimize volume, in response to pressure from the #U.S. and the #EU to crack down.
Four Caribbean nations have agreed to charge at least $200,000 for their passports starting June 30, double the current rate in some cases. The countries have also agreed to close loopholes that allowed passports to be sold at a discount.#StLucia chose not to participate. #GlobalBusiness #FDI
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