Caribbean nations need to do more to upgrade their CBI business models by focusing more on investments for a sustainable development of their nations as opposed to continue building up real estate portfolios with questionable market valuations and little effect on the wellbeing of their resident citizens. Antigua & Barbuda provides a case in point, with their relatively young Citizenship by Investment program, while the effect on continuous GDP growth is non existent.

St. Kitts and Nevis has been widely covered over the past years and a recent report in the West Indies News Network, criticizes the over-reliance on CBI revenue and quotes the IMF in suggesting “Revenues from Citizenship-by-Investment programs, which should be used to reduce public debt where necessary, can also be directed to saving funds and finance appropriate investment plans.” https://www.winnfm.com/news/local/22601-imf-confirms-falling-cbi-revenues-in-eccu