Trump Barriers for CBI Countries | Episode 221 with Patrick Peters
Are you a recent citizen of a CBI nation eyeing the U.S. or considering investment opportunities in the Caribbean? Then you need to tune in! The US has launched a pilot program requiring certain visa applicants to post bonds of up to $15,000, signaling that citizens of CBI nations may be the next target under the Trump administration’s expanding immigration policies.
Mona and Rebecca, along with their guest, Patrick Peters from the Montreal-based CBI company ClientReferrals dissect the latest barrier to traveling into the US for certain folk. Is the recent pilot program requiring visa applicants to post bonds up to $15,000 a targeted hurdle, or simply a sign of a broader shift? We’ll unpack the details, the concerns, and the implications for those seeking to enter the U.S.
But that’s not all! The conversation shifts to the sunny shores of St. Kitts & Nevis, where innovative strategies are underway to boost the island’s economy. Mona, Rebecca and Patrick take an exclusive look at the Public Benefit Option (PBO) under the Citizenship by Investment (CBI) program. Discover how a $250,000 contribution can unlock citizenship while fueling economic growth and supporting vital projects like affordable housing.
Patrick illuminates how the Government of St. Kitts & Nevis, through the National Housing Corporation, is leveraging these funds to create housing solutions for its citizens. Is the PBO a win-win, offering investors a path to citizenship while driving positive change in the Caribbean? Or are there hidden complexities to consider?
From steering potential travel barriers to exploring impactful investment opportunities, this episode of Global Investment Voice delivers the insights you need to stay informed and make savvy decisions. Don’t miss out – listen now!
“I believe that the EU and the US have a very different approach to citizenship by investment programs. The EU is fundamentally against the commoditization of citizenship […] Whereas the US, especially the current administration, they want to show loud and clear to their voter base that they are putting up the borders, that they are protecting Americans from outsiders.” – Patrick Peters
“[O]ur client who choose to invest in our–we say PBO–Public Benefit Option, that goes directly to the National Housing Corporation, who in turn does one of several things. Mainly, they’re building affordable housing for the people of St. Kitts and Nevis. […] [T]he contribution goes directly to the government of St. Kitts, and it stays with the government of St. Kitts, and specifically the National Housing Corporation.” – Patrick Peters
Patrick Peters
Patrick is a Chartered Accountant who has almost 20 years of experience in the Investment Migration industry, specifically the Caribbean and Canadian programs.
Since 2014, his company, ClientReferrals, has been the leading Licensed Agent and Authorized Representative of the Antigua & Barbuda Citizenship by Investment Program (CIP) and they are now a Government-approved Public Benefactor for the St. Kitts & Nevis CIP.
ClientReferrals strictly focuses on helping immigration professionals. They never work with clients directly, instead choosing to support the industry professionals in the background to help them grow their business. The company prides itself on offering the best service, commissions, and real estate investment projects. Thanks to its teams on the ground in Antigua, Montreal, Cairo, and Shanghai, ClientReferrals offers quality service like no other Licensed Agent.
Patrick and his colleagues have been involved with the Immigrant Investor industry for more than 25 years – they have helped create Canada’s investor and entrepreneur programs, they have raised more than $9 billion in capital for various programs, and they have assisted more than 12,000 families. Come find out why immigration firms rely on ClientReferrals as their Caribbean Licensed Agent and Authorized Representative of choice.
Check out our previous podcast with Patrick Peters here!
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