Author page: Prabhu Balakrishnan

Montenegro EU accession likely by 2025

Montenegro EU accession likely by 2025

Montenegro is a leading candidate to meet the 2025 accession date, suggested by European Commission.  Further, Montenegro is in a leading position on its path towards EU accession, compared to the other five aspirants from the Western Balkans.  Serbia, is the only other country from the region with ongoing accession negotiations since 2015. Montenegro EU relations  The current status of…

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Vanuatu CIP citizens do not have right to vote

Vanuatu CIP citizens do not have right to vote

Foreigners who acquire citizenship through the investment programs (DSP and VCP), so called ‘economic citizens’ are restricted of certain privileges such as right to vote in elections, holding government posts and entering politics. Those who apply for Vanuatu citizenship by investment program must be aware of these limited restrictions. Considering many CIP or economic citizens do not visit the country…

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Saint Lucia – A Globally Respected CBI program

Saint Lucia – A Globally Respected CBI program

CIP Saint Lucia has made its mark as a highly respected global citizenship by investment program. The CIP has received international accolades for its governance, transparency and efficient vetting process. The Saint Lucia Citizenship by Investment Unit (CIU) has made no secret of its commitment to governance and transparency. The exciting news is the application processing times are cut to…

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Grenada issued over 4600 CBI passports

Grenada issued over 4600 CBI passports

Grenada’s Citizenship by Investment  scheme came into effect August 2013, when the Grenadian Parliament passed Act No. 15 of 2013. Since the launch of the scheme, Grenada has granted passports to over 3000 families under the CBI program according to the Ministry of Finance statistics According to the statistics, since the start of the CBI until Q2 2021, Grenada has granted citizenship to…

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