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المشهد العربي
EU sets 2028 deadline for Caribbean citizenship removal
The European Union has given five Caribbean countries until 2028 to shut down their citizenship-by-investment programs, warning that it may revoke visa privileges for Schengen Area entry for their citizens if these programs continue. The countries involved are Antigua and Barbuda, Dominica, Grenada, Saint Lucia, and Saint Kitts and Nevis, which allow foreign investors to acquire citizenship automatically in exchange for investments starting at around $200,000. These programs offer visa-free travel to approximately 140 countries, making them a significant non-tax revenue source for these nations.
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