Antigua to abandon sale of golden passports

GX Network

Antigua to abandon sale of golden passports According to Caribbean Life News, Over the weekend, Antigua’s government dropped a bombshell announcement by signaling plans to suspend the nation’s flagship golden passport and sale of citizenship scheme, saying it prefers doing so rather than see the European Union (EU) abolishing visa-free travel for frustrated citizens. The Citizenship by Investment program (CIP) has been a backbone revenue earner for the federation with Barbuda and its neighboring Eastern Caribbean neighbors like St. Kitts, St. Lucia, Dominica, Grenada for much of the past decade, but the US and the EU have been applying unrelenting pressure on participating nations to abandon the scheme, arguing that foreigners with dubious backgrounds use the local passports to enter the EU. Speaking on his weekend radio program, Prime Minister Gaston Browne says the cabinet is considering November 12 as the date for suspending the CIP, even as he announced plans

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