Author: Niu Ltd

More than 1,500 residency permits for Greece immigration have been granted since the introduction of the Golden Visa Investor Program.

Chinese and Russian candidates dominate the visa holders, as is the case with the majority of the world’s residency-by-investment programs.

Some 664 five-year Greece visas have been given to Chinese applicants, with 348 visas going to Russians.

Greece Golden Visa Program: Investment Requirements

-Purchase real estate property in Greece with a minimum value of €250,000.

-Sign a 10-year lease with minimum €250,000 for hotel or other tourist residence.

-Have purchased a property before 2013 currently worth €250,000 or more.

-Own Greece real estate of minimum value €250,000 acquired through donation or parental concession.

-Purchase land with intent to build, provided value of land and construction contract is minimum €250,000.

Egyptians (77 visas), Lebanese (73) and Ukrainians (67) completed the top five nationalities.

With family member visas included, the total number if visas issued rose to 3,809, including 1,580 for Chinese nationals and 787 for Russians.

The figures were announced at a recent meeting aimed at strengthening the program and boosting efficiency, hosted by the program’s administrator, Enterprise Greece.

The meeting was attended by several high-profile members of the Greek government.

Benefits of Greece Immigration Golden Visa Investor Program

• Greek residency for property purchase of just €250,000.
• Live and work in Greece when maintaining residence in another country.
• Study in Greece.
• Visa-free access to the Schengen area of EU countries
• Family members are included.

Stakeholders were asked what they would do to improve the program.

The Greece Immigration Golden Visa Investor Program allows you to apply for a residence permit by purchasing or leasing Greek real estate. You can obtain a five-year residency permit in return for an investment of €250,000.

 

Source: investmentimmigration.com

A Defense Department official says that the U.S. military will continue to welcome noncitizen recruits and that the Trump administration also will continue a long-standing policy that allows members of the military and their families a pathway to citizenship for their service.

“Today’s service members are eligible for expedited citizenship under a July 2002 executive order and the military services have worked closely with the U.S. Citizenship and Immigration Services (USCIS) to streamline citizenship processing for service members,” Lt. Col. Myles Caggins said last week in an email to Fox News. “Law ensures that the sacrifice of noncitizens during a time of national need is met with an opportunity for early citizenship, to recognize their contribution and sacrifice.”

Caggins said there are no plans to discontinue or modify the initiative.

President Trump has been a staunch advocate for bolstering the military and has repeatedly expressed his intentions to stop the flow of illegal immigrants into the U.S. But he has not publicly offered a definitive opinion on the immigration policy concerning noncitizens in the military.

The closest Trump has come to addressing the issue was on Sept. 7, 2016, during a presidential candidates’ forum. He was asked by a woman who served in the military whether he thinks that a person living in the United States illegally who wants to serve in the U.S. armed forces should be allowed to stay in the country legally.

“I think when you serve in the armed forces, that’s a very special situation and I could see myself working that out, absolutely,” Trump replied.

Then, after speaking about the necessity to properly vet people, Trump said, “But the answer is it would be a very special circumstance, yes.”

According to DoD data, 5,000 legal permanent residents are recruited each year under the Military Accessions Vital to the National Interest Program launched in 2009. The average number of noncitizens on active duty from 2010 to 2016 was about 18,700.

The U.S. Citizenship and Immigration Service established the Naturalization at Basic Training Initiative in August 2009 with the Army to give noncitizen enlistees the opportunity to naturalize when they graduate from basic training. By 2013, the Navy, Air Force and Marine Corps had followed suit.

In fiscal year 2016 alone, 359 Deferred Action for Childhood Arrivals recipients, also referred to as “Dreamers,” enlisted in the Army, which is the only branch that accepts this immigrant category.

“Concerning naturalization, the decision to become a U.S. citizen is a voluntary individual decision and each service provides assistance to service members seeking citizenship,” Caggins said. “Per U.S. Customs and Immigration Service, more than 109,000 servicemen and women have naturalized through 2015.”

The list of immigrants who have made the ultimate sacrifice in defense of their new country is long and distinguished.

On March 21, 2003, Guatemalan native and U.S. Marine Lance Cpl. Jose Gutierrez was among the first servicemen to die in Iraq. He was posthumously granted full citizenship. A week later, Mexican immigrant and fellow Marine Jesus Alberto Suarez del Solar was killed in action during a tour in Iraq.

Alex Nowrasteh, immigration policy analyst for the Cato Institute, said recruits must have some kind of recognized immigration status to join the military, whether they are a DACA recipient, green card holder or on a work or student visa. He said the military won’t take someone who has no documentation.

With that being said, Nowrasteh said the military is a viable option toward citizenship if the individual accepts the risks and obligation.

“It is absolutely a good thing for immigrants to serve in the U.S. military,” he said. “There is a long history of non-citizens serving with distinction in the military.”

 

 

Source: stlucianewsonline.com

Following a walk out on Tuesday by all opposition parliamentarians after a motion to reverse changes to the citizenship by investment programme (CIP) was removed from the order paper, the opposition St Lucia Labour Party (SLP) has pledged to review every citizenship granted by the current government under the CIP.

The SLP strongly condemned the action of the speaker of the House of Assembly in removing the motion from the order paper of Tuesday’s sitting of the House to debate changes made by Prime Minister Allen Chastanet to the CIP regulations.

The SLP contends that the action of the speaker, which she said was at the request of the prime minister, was illegal and an abuse of power.

The removal of the motion for debate was followed by the prime minister presenting a minister’s statement on the CIP.

“This statement is not what is required by the CIP Act which clearly states what information must be presented to the Parliament and people of Saint Lucia accompanied by an auditor’s report of the finances earned by the programme,” the SLP said in a statement.

“This course of action surely raises a question as to what does the prime minister seek to hide in the operations of the CIP. There must be something wrong about why the prime minister would not want a debate nor submit a formal report – required by law – to the Parliament,” the SLP continued.

According to the SLP, the actions of the current United Workers Party (UWP) administration serve to weaken the reputation of the CIP which, it said, was introduced under the previous SLP government in order to create a well-regarded, well-regulated programme that respects the values of the Saint Lucian people and their citizenship rights.

“Sadly, this vision has been compromised by the actions of the current administration,” the SLP said.

Specific safety mechanisms, including the annual cap of 500 applicants and the requirement to show proof of minimum $3 million net worth, which were specifically created to protect the programme, have been removed.

The SLP said it believes that these changes, along with the cheapening of the level of donation as a qualifying investment and the guarantee of processing all Desert Star Holdings (DSH) applicants within 35 days, should all be reconsidered for the sake of the reputation of Saint Lucia.

These changes, the SLP said, will undoubtedly undermine the national security safeguards that were embedded in the setting up of the CIP. The SLP said it believes that the CIP should be presented as a premium, selective and highly valued option and not sold as the lowest option available to any and everybody.

“The refusal of the prime minister and the speaker to allow a debate or to present a report as required by law to Parliament forces the St Lucia Labour Party to take a strong stand against the present management of the Saint Lucia CIP,” the SLP said.

“Without any hesitation, when the Labour Party resumes office, we will reinstate the net worth requirement and will undertake another due diligence assessment on each and every application granted under the UWP, with our promise to revoke any passports of applicants, who do not meet the $3 million net worth requirement or do not meet the strict due diligence requirements which Saint Lucians expect. Applicants applying for citizenship in St Lucia should be warned that when the SLP is returned to office, we will also demand that all citizens who did not donate the full contribution amount of US$200,000, will be compelled to top up the contribution that they made at the time of becoming citizens.

“For the sanctity of our citizenship, we do not tolerate any applicants who do not meet the first-class standard that we expect from individuals seeking citizenship in Saint Lucia,” the SLP continued.

 

Source: caribbeannewsnow.com

The Quebec Immigrant Investor Program (QIIP), a Canadian immigration program that allows international investors to obtain Canadian permanent residence by investing CAD $800,000 risk-free, will reopen in less than two months.

The QIIP is Canada’s only passive investor immigration program, and is one of the most popular investor immigration programs globally, offering a number of advantages over investor immigration programs in other jurisdictions.

For example, there is no probationary or conditional stage, and a successful application leads to a Canadian permanent resident visa. This marks the QIIP as quite different to the EB-5 program in the United States, where applicants must prove that they created 10 jobs or more within two years. The QIIP has no such provision.

Second, the investment of CAD $800,000 is submitted through an approved financial intermediary. This investment can be paid by the applicant or arranged through a financial intermediary financing option. The investment is guaranteed by a government of Quebec entity and returned in full after five years.

Third, immediate members of the candidate’s family (spouse or common-law partner and dependent children under the age of 19) may be included in the application, and these family members also obtain Canadian permanent residence. Successful applicants and their families may enjoy the benefits of permanent resident status, including universal health care, free public education, and access to world-class universities.

Finally, the QIIP is a route not just to Canadian permanent resident status, but also to Canadian citizenship and the right to a Canadian passport. Currently, Canada’s citizenship naturalization criteria require only four years of residency in Canada within six years, and the current federal government aims to reduce this requirement to three years of residency out of five.

Requirements

• Minimum net worth

Applicants must have acquired a minimum of CAD $1.6 million in net worth by legitimate means, alone or with a spouse or partner. Assets such as property, bank accounts, pension funds, stocks, and shares may be included.

• Investment

Applicants must intend to settle in Quebec and sign an investment agreement agreeing to invest CAD $800,000 with an approved financial intermediary. Applicants must sign an investment agreement with one of the financial intermediaries — a broker or trust company — authorized to participate in the program. The investment can be financed by a financial intermediary.

• Management experience

Applicants must have acquired a minimum of two years’ management experience in the past five years. The experience is not limited to commercial activities, but can also be an international agency, department or government agency.

Preparation is key

The upcoming intake period for applications runs from May 29, 2017 to February 23, 2018, and up to 1,900 applications may be accepted for processing. Of these, a maximum of 1,330 applications may be accepted from foreign nationals of the People’s Republic of China, including the administrative regions of Hong Kong and Macao.

Based on previous application cycles, it seems likely that the QIIP intake cap may be reached before the scheduled end date.

Candidates with an “advanced intermediate” level in French are not subject to the intake cap, and may submit an application at any time. Moreover, their applications are given priority processing.

“For French-speaking and non-French-speaking investors alike, the announcement that Canada’s only passive investor immigration program is reopening is sure to come as exciting news,” says Attorney David Cohen.

“It is a truly unique program, in which investors may take a less hands-on approach to business than is the case in other programs in other countries. I would advise potential applicants to take initial steps — such as proving net worth and working with an eligible financial intermediary on the application — as early as possible, to ensure the greatest chance of success through this program.”

 

Source: cicnews.com

A number of companies from European countries such as Spain, Portugal, Malta, Greece and Cyprus will be at the upcoming International Property Show (IPS) in Dubai, UAE, to woo regional investors with Golden Visa programmes.

A show focused on B2B and B2C meetings with an international reach that explores new real estate destinations with investment opportunities, IPS will be held from April 2 to 4 this year at the Dubai International Convention and Exhibition Centre.

Under the Golden Visa programme, individuals and their families get a second citizenship and passport after making an investment in the country’s real estate sector.

The investment options include real estate purchases, cash deposit to a government development fund or investment in one of the country’s main industries.

This year’s edition will see companies offering investors flexible investment programmes with clear legal requirements for easy access to European countries, in addition to the best in real estate and properties from across the world.

Many countries are now opening their doors to residency and citizenship by investment, said industry experts.

Europe, with its vast and improving economy, is a promising part of the world where opportunities to obtain a second passport are booming, they stated.

In an endeavour to provide realty buyers personal and professional freedom, the 13th edition of IPS will focus on investor programmes for global residence and citizenship.

According to experts, the Golden Visa programme for Spain, Portugal, Malta, Greece and Cyprus are the most prominent.

Golden Visa programmes from different European countries grant immediate residency visa or even citizenship directly to foreign investors against a lump sum investment in real estate, or in business and commerce.

There is no requirement to live in a country after making the investment. As such, there is a great demand for the European Golden Visa programmes from investors coming from Middle East, Asia and Africa, they stated.

The growth and proliferation of investor visa programmes in recent years has encouraged several investors to consider for residency and citizenship in Europe and beyond.

As per official data, Portugal has granted 4,202 Golden Visas since the creation of the residence permit system for Investment Activity (ARI).

“Demand for property in the European countries is high and the Golden Visas is an added advantage. As such, it was important that the IPS facilitates a platform which connects the investors to these countries for quick and easy access to a second passport,” remarked Dawood Al Shezawi, the CEO of Strategic Marketing & Exhibitions, the event organisers.

“Housing is an economic asset, an investment and a market commodity. Many European countries offer residency by investment options to individuals who wish to purchase real estate or perform a strategic investment in the economy,” he added.

According to New World Wealth, a market research firm based in Johannesburg, South Africa, the number of investors with sufficient means at their disposal and the ability to pass the strict due diligence rules jumped 28 per cent in 2016 from the previous year, reaching the highest level the firm has found in its four years of measuring.

Obtaining a dual citizenship by investment is a life-changing event giving realty buyers personal and professional freedom. These include advantages such as visa-free travel to number of countries, financial security and increased freedom to invest and create partnerships.

 

Source: tradearabia.com

Germany has retained its position at the top of the Henley & Partners Visa Restrictions Index in the 2017 edition of the annual travel freedom ranking.

Global residence and citizenship advisory firm Henley & Partners produces its index in partnership with the International Air Transport Association (IATA), which claims to maintain the world’s largest database of travel information.

Even after losing visa-free admission to one country, Germany holds on to its top spot on the index for the second year running with access to 176 countries in total.

Sweden also remains static in second place, with 175 countries, and Denmark, Finland, Italy, Spain and the US jointly rank third, with their nationals enjoying access to 174 countries without a visa.

The UK, however, has slipped down yet another position this year to fourth, having shared first place with Germany for three consecutive years from 2013–2015.

Syria, Pakistan, Iraq and Afghanistan sit at the very bottom of the index, each with visa-free access to fewer than 30 countries worldwide. This shows a slight change from last year’s ranking, with Somalia rising out of the bottom four with access now to 30 countries, and Syria dropping into it with only 29.

Dr Christian H. Kälin, chairman of Henley & Partners, says: “We have witnessed several major events recently that are likely to have an impact on global mobility – including Brexit and the election of US President Donald Trump. Both can be interpreted as steps toward restricting movement and creating barriers to entry. This trend towards curbing travel freedom is already apparent in the shift in rankings on this year’s Visa Restrictions Index”.

The biggest mover in this year’s index was Peru, gaining 15 places.

“There is still huge disparity in the levels of travel freedom between countries, despite the world becoming seemingly more mobile and interdependent. Generally, visa requirements are a reflection of a country’s relationship with others, and take into account diplomatic relationships between countries, reciprocal visa arrangements, security risks, and the dangers of visa and immigration regulation violations,” explains Dr Kälin.

Dr Kälin adds that countries that offer the most important citizenship-by-investment programmes in the world continue to perform strongly on the index. “Malta offers the top-ranked investment migration programme globally and scores very highly with the world’s 10th most powerful passport and visa-free access to 167 countries. Austria is also in the Top 10 with a total of 173 countries and Cyprus is not far behind at 16, with 158 countries accessible without a visa.”

Source: c-mw.net

Singapore has kept its top spot amidst Southeast Asia as the country with the highest visa-free access, revealed the 2017 Visa Restrictions Index, an annual travel freedom ranking published by the global residence and citizenship advisory firm, Henley & Partners. The index is produced in partnership with the International Air Transport Association(IATA), which maintains the world’s largest and most authoritative database of travel information.

Climbing one spot from last year, Singapore ranks 4th globally – its highest ranking on the Index in 10 years – with visa-free access to 173 countries. The lion city remains number one in Southeast Asia, followed closely by neighbours Malaysia and Brunei Darussalam with visa-free accesss to 164 and 151 countries respectively. Malaysia ranks 2 nd regionally and 13 th globally, dropping one place from last year while Brunei Darussalam retains its 23rd global ranking.

The biggest climbers in the region were Laos (8th regionally, 88th globally) and Myanmar (9th regionally, 93 rd globally) rising two spots each from last year. Laos added one country to take its visa-free access total to 48 whilst Myanmar brought down its total to 42, one less than last year.

According to Dominic Volek, Managing Partner of Henley & Partners Singapore and Head Southeast Asia, although the size and make-up of the “Top 10” remains the same as last year, the changing geopolitical climate could well affect the rankings over the next 12 months.

“Over the last year alone, we have seen several major changes to the global political landscape – such as Brexit and US President Donald Trump’s travel ban – that will likely change global mobility as we know now. This year’s Visa Restriction Index is a reflection of the global shift in travel freedom, highlighting the impact of entry barriers and movement restrictions” said Volek.

In total, 48 countries lost ground over the past year, dropping between one and three places, and only 42 countries showed no movement at all. Germany holds on to its top spot on the index for the fourth consecutive year, with access to 176 countries in total. Sweden also remains static in second place with 175 countries, and Denmark, Finland, Italy, Spain and the US jointly rank third, with their nationals enjoying access to 174 countries without a visa.

The UK, however, has slipped down yet another position this year to fourth, having shared first place with Germany for three consecutive years from 2013–2015. Syria, Pakistan, Iraq and Afghanistan sit at the very bottom of the Henley & Partners Visa Restrictions Index, each with visa-free access to less than 30 countries worldwide.

The biggest movers in this year’s index were Peru and Ghana. Peru was the highest individual mover, gaining 15 places. Island nations also made a strong showing, with the Marshall Islands, the Solomon Islands, Micronesia, Kiribati and Tuvalu all gaining over nine places. In contrast, Ghana showed the most negative movement, losing four places in one year.

The fortunes of the emerging economies of the BRICS nations were varied. Brazil and China both increased their standing on the index, moving up three and two ranks respectively. However, the other three all lost ground: Russia dropping three places, India two, and South Africa one.

“Despite the world becoming seemingly more mobile and interdependent, there is still huge disparity in the levels of travel freedom between countries. Generally, visa requirements are a reflection of a country’s relationship with others, and take into account diplomatic relationships between countries, reciprocal visa arrangements, security risks, and the dangers of visa and immigration regulation violations,” said Volek.

Citizenship-by- Investment Programs
In contrast to 12 years ago when the Henley & Partners Visa Restrictions Index was first published, there are now many more residence- and citizenship-by- investment programs available for those who wish to enhance their travel freedom. More and more governments are embracing these programs as a means of stimulating economic development and growth, and there is an increasing number of wealthy and talented individuals looking to diversify their citizenship portfolios to give themselves and their families greater international opportunity, stability, freedom and security.

Volek pointed out that the countries that offer the most important citizenship-by- investment programs in the world continue to perform strongly on the index. “Malta offers the top-ranked investment migration program globally and scores very highly with the world’s 10 th most powerful passport and visa-free access to 167 countries. Austria is also in the top ten with a total of 173 countries and Cyprus is not far behind at 16th place, with 158 countries accessible without a visa.”

Likewise, countries that offer citizenship-by- investment programs in the Caribbean have performed well. Grenada is ranked at 37 and offers successful applicants visa-free access to 124 countries including China, Europe’s Schengen area, Singapore, Brazil, and other key markets. Antigua and Barbuda, and St. Kitts and Nevis share 30 th place on the Index this year, with visa-free access to 136 countries, and St. Lucia offers its citizens access to 127 countries worldwide and is ranked 36.

“For individuals who hold passports of countries with fewer visa waiver agreements, a second or even third citizenship can open up travel opportunities to countries previously restricted by time-consuming visa application requirements and processes. The Henley & Partners Visa Restrictions Index is relevant to both individuals interested in improving their mobility and the quality of their nationality, as well as governments focused on improving the local, regional and global opportunities inherent in their passports,” concluded Volek.

 

Source: traveldailynews.asia

While the United States has welcomed the efforts made by St Kitts and Nevis to tighten its citizenship by investment programme, and is working with the federation to make the programme a model one, according to US Ambassador Linda Taglialatela, a May 2014 FINCEN advisory from the US Treasury that targeted Basseterre over its CBI programme is not likely to go away anytime soon.

The advisory expressed about US concerns that so-called illicit actors were using St Kitts and Nevis passports for sanctions busting activity, and that the programme, described as lax at the time, required urgent revamping.

Bridgetown-based Taglialatela in an interview with WINN FM on Tuesday, said she understands why Caribbean countries operate economic citizenship programmes in these harsh economic times.

“There are obviously economic benefits to the programme, we have no opinion one way or the other, what we do ask is that people do have due diligence and set up a programme that has controls and balances to it, to ensure that the people that are getting citizenship through the programme are actually people who you really want to be there. I think that at the beginning we had a number of questions, I think working with the St Kitts and Nevis government we have been able to tighten up the controls on the programme. I think there are a lot of changes that were made for the good.

“We are working with St Kitts and Nevis to look at how we can work with the Department of Treasury on the FINCEN advisory. I am not sure that the advisory will go away but what we’re hoping is that they will be able to refine it and make it less restrictive,” she said.

The American ambassador acknowledged that the US has concerns about CBI programmes in the region, especially in the area of due diligence.

She outlined specific measures she would like to see implemented to make these programmes top of the line.

“We just want to make sure that you have a programme set up that will provide you with the security you need to ensure that you know who you are giving the citizenship to. Again, we have worked with the various countries and talk to them about what we consider to be acceptable criteria. I would prefer that each country require the individual to come to the country to be fingerprinted and have their fingerprints on file for passport purposes and other things. I know I would feel more comfortable because then you know who you are dealing with and if you have bio-metric data on individuals then you can perform additional checks and balances on people to see exactly where they stand.

“I understand that by one country making you do it and the other country not it may in fact some way disadvantage your programme over someone else’s, so I understand why some are reluctant to do it, but it would be nice if they could set a standard across the five countries that have programmes in an attempt to rationalize their programmes a little bit more,” she explained.

Taglialatela emphasised that proper vetting of applicants for citizenship is key.

She told WINN FM that properly implemented first steps along with other necessary measures will help enhance the effectiveness of the programme.

“Each of the countries has a process by which they vet candidates, they do research into their backgrounds, they check for different things in their records, whether they have criminal records, whether there are any questions about where their money came from or where their money is coming from. They do a whole host of background checks on people and they decide whether or not they want to do it.

“I honestly believe that if you are going to have an effective programme again, you’re going to have to bring the individual here. There should be some kind of residency requirement, whether you come once a year to the island particularly if you’re going to need to revalidate your passport. I think that everyone went to bio-metric data passports and the individuals have to come here and meet immigration authorities and go through a final interview and provide bio-metric data and get their passports here in the country, it would be more sound,” she added.

Taglialatela was on an official visit to St Kitts and Nevis.

She met with premier of Nevis Vance Amory and Deputy Premier Mark Brantley on Tuesday, and she had discussions with Prime Minister Timothy Harris on Wednesday.

 

 

Source: caribbeannewsnow.com

The Acting CEO of the Antigua & Barbuda Citizenship by Investment Unit (CIU) Thomas Anthony has resigned from the post.

His resignation comes after his boss the CEO Chisanga Chekwe also resigned from the post.

Educated in the United Kingdom, Thomas Anthony has been a banker for over 26 years. He has worked in Antigua, St. Lucia and Miami as an Investment Professional.

A licensed professional on the Eastern Caribbean Securities Market (ECSM), he also holds three Financial Industry Regulatory Authority (FINRA) licenses.

Thomas served as the Manager of GBC Wealth Management for seven years, handling the portfolios of High Net-Worth Individuals.

He joined the Citizenship by Investment Unit in 2013 as Project Development Officer with responsibility for Real Estate and Investment in Business.

He last held the title of Acting Chief Executive Officer.

Antigua and Barbudan Charmaine Quinland-Donovan was appointed the new CEO and her post takes effect on Monday March 27^th.

 

Source: antiguaobserver.com

The government of Antigua and Barbuda has announced the appointment of the first national of Antigua and Barbuda, Charmaine Quinland-Donovan, to head the country’s important Citizenship by Investment Unit (CIU).

Quinland-Donovan’s appointment takes effect from March 27.

Prime Minister Gaston Browne said: “I am delighted to announce the appointment of a qualified and capable national of Antigua and Barbuda to lead the Citizenship by Investment Unit. I am doubly pleased that the appointee is a woman. This emphasizes my government’s commitment to advancing women in decision-making roles in our society.”

The prime minister drew attention to Quinland-Donovan’s previous service in the CIU in three important capacities as chief compliance officer, chief operating officer and acting chief executive officer.

“In this regard,” the prime minister explained, “Ms Quinland-Donovan brings substantial knowledge and experience to the vital work of the Unit, together with keen understanding of international best practices to maintain and improve the standing of our nation’s citizenship by investment programme.”

Quinland-Donovan holds a BSc with first class honours from the University of the West Indies. She is also a chartered director and a fully qualified anti-money laundering specialist. Quinland- Donovan was employed at the Eastern Caribbean Central Bank for almost nine years, during which she served as bank examiner, supervised/regulated licensed financial institutions in the ECCU, led examination teams and worked with the Eastern Caribbean Securities Regulatory Unit. She has also worked at the Bank of Nova Scotia, where she was head of compliance for the Eastern Caribbean Region responsible for nine countries including St Maarten.

“Therefore, Ms Quinland Donovan comes with a wealth of banking experience that will inure to the benefit of the Citizenship by Investment Unit,” prime minister said.

“Given Ms Quinalnd-Donovan’s training and experience, out international partners can be assured of the integrity of our CIP and its safeguards against money-laundering, counter terrorism financing and the security of other nations,” Browne added.

 

Source: caribbeannewsnow.com