26
UGLOBAL IMMIGRATION MAGAZINE
“ The Caribbean CBI programs
have real estate offerings
starting at $200,000 and, in
some cases, that may be
more attractive than just
making a donation. ”
To start, it is important to emphasize the difference between
residency and citizenship applications. For applicants who
apply for residency, for example, in countries such as the
United States, Canada, United Kingdom, Portugal and Malta,
the intent is usually to spend some amount of time in these
countries, possibly to have their children educated there.
There is a general intent to follow a path which can lead to
citizenship, assuming all conditions are met. A CBI program,
however, is a direct route to citizenship that gives the privilege
of acquiring a new passport. It is the passport — and the
benefits of holding it — that are attractive and desirable to
many private clients.