St. Vincent and the Grenadines remains the only independent Organisation of Eastern Caribbean States country without a formal CBI programme.
Boucher voiced his support for CBI programme in SVG at a PSU press conference on Wednesday.
“… I’ve heard the opposition put forward the suggestion that the government can make use of the citizenship by investment programme. And I just can’t understand the reluctance to get involved. Every OECS country is using this programme and it is financing a great part of their budget,” Boucher said.
“St. Kitts is the leader, I think, in this regard. It is financing a great part of their budget. This programme has allowed these governments to lower the taxes on their people.”
The main opposition New Democratic Party, however, supports the programme, saying that it can help to fund a significant chunk of the national budget.
The Ralph Gonsalves administration, which opposes the programme, says it amounts to selling passports.
“St. Kitts has been voted the least corrupt country within CARICOM. The least corrupt and they are running this programme,” Boucher said.
Please read more below .
https://www.iwnsvg.com/2018/03/05/psu-head-supports-citizenship-by-investment/
