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Home Caribbean news

Barbados Rejects Citizenship by Investment, Unveils New Points-Based System

Nigerian Canadian Newspaper Canada by Nigerian Canadian Newspaper Canada
October 15, 2023
in Caribbean news
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Barbados Rejects Citizenship by Investment, Unveils New Points-Based System

Barbados has categorically ruled out the implementation of a citizenship-by-investment program. This declaration came during a recent diplomatic meeting with Patrice Quesada, Chief of Missions of the International Organization for Migration, when Minister of Home Affairs and Information, Wilfred Abrahams, was directly questioned about the possibility of introducing a Citizenship by Investment Programme, similar to those in other Caribbean nations, within the proposed new Citizenship or Immigration legislation.

Minister Abrahams unequivocally stated that Barbados has consistently opposed the notion of an investment-based Citizenship Program and reaffirmed that it was not under consideration by the government. Instead, he detailed the upcoming legislative changes that would establish a points-based system. This system would broaden the criteria for individuals seeking citizenship, offering a more inclusive framework compared to the current limited prerequisites.

The stance of the Barbados Government firmly asserts that, even under this new points-based system, citizenship would never be granted solely on the basis of financial investment in the country.

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