Barbados: We Will Never Have Citizenship By Investment Only.

Barbados Minister of Home Affairs and Information, Wilfred Abrahams. (FP)
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Although it is a useful source of revenue in several Caribbean jurisdictions, Barbados is not considering selling citizenship to wealthy foreigners, though it will introduce a point-based system in new legislation.

During a recent courtesy call in Barbados, with Chief of Missions of the International Organization for Migration, Patrice Quesada, Minister of Home Affairs and Information, Wilfred Abrahams, was asked directly whether under either the proposed new Citizenship or Immigration legislation there will be a Citizenship by Investment Programme similar to that in other Caribbean territories.

The Minister said that Barbados has never been in favour of an investment-based Citizenship Programme and this was not under consideration by the Government.

He explained that the new legislation will see the introduction of a points-based system that could ultimately see persons qualifying under a new and expanded basis to apply for citizenship, as opposed to the limited criteria which exists now.

The position of the Barbados Government is that even under a points-based system investment alone will never be the basis for the granting of Citizenship in Barbados.

Source: Barbados Government Information Services.
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