Former Antigua and Barbuda PM calls on government to submit report on CIP
Key Points(4)
- Spencer, who is now opposition leader told supporters at a political rally last week, that although the president administration has been in office for 18 months, a report is yet to be submitted.
- “While the law requires that they are supposed to come to parliament every six months with the full report outlining how many passports were granted, where the people came from and the basis upon which they came.
- Up to now, parliament has not received any report,” Spencer said.
- <span style="font-weight: 400;"> Under the CIP programme investors are granted citizenship on making substantial contributions to the island’s development in several areas.</span> Antigua and Barbuda is one of several Caribbean countries engaged in CIPs as a means of attracting investors.
The government of Antigua and Barbuda has been called on to release a report on the country’s Citizenship by Investment programme (CIP).
The call came from former Prime Minister Baldwin Spencer who Prime Minister Gaston Browne must honour the law by presenting a report on the programme to parliament every six months.
Spencer, who is now opposition leader told supporters at a political rally last week, that although the president administration has been in office for 18 months, a report is yet to be submitted.
“While the law requires that they are supposed to come to parliament every six months with the full report outlining how many passports were granted, where the people came from and the basis upon which they came. Up to now, parliament has not received any report,” Spencer said.
Under the CIP programme investors are granted citizenship on making substantial contributions to the island’s development in several areas.
Antigua and Barbuda is one of several Caribbean countries engaged in CIPs as a means of attracting investors.
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