The military recruitment campaign that was ordered by Russian President Vladimir Putin after the invasion of Ukraine has sparked a flow from the Russians who moved to neighboring countries without a visa, such as Turkey or Georgia to obtain the passport of one of the islands in the Caribbean region, especially for some of the richer citizens.
The request of the wealthy Russians who look forward to fleeing to increase the requests for Greenada’s nationality through the investment initiative, according to the program’s special advisor, Richard Halham, who can be the largest segment of applicants this year.
Greenada passport can be obtained for an investment of at least 150 thousand dollars, as applicants can obtain a passport that allows them to travel without a visa to more than 100 destinations, including China, the United Kingdom and the Schengen region in Europe. It is also the only Caribbean country that has concluded an investor treaty with the United States that allows its citizens to apply for non -immigrant visas.
Initially, Grenada prevented the Russians from obtaining citizenship through the investment program in March with other Caribbean neighbors, but reflected its course in June. Dominica, Antigua and Perboda are among the countries that have kept the ban.
Applications for obtaining investor visas in Greenada have multiplied approximately 4 times to reach nearly 200 since it canceled the ban on the Russians, according to the country’s Ministry of Finance, which was reported by “Bloomberg”, and was seen by “Al Arabiya. net”.
“All those who were preparing for requests were forgetting,” said Halham, who holds Grenada’s nationality through the investment initiative program, who is also the investment manager at Ura Caribian, a resort development company owned by the Egyptian billionaire, Naguib Sawiris. “It is similar to closing the tap and then reopening it.
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The Russian invasion of Ukraine led to a division between countries and regions over allowing Russian visitors, as the European Union in September made it difficult for them to visit and cost it. Meanwhile, many of the richest citizens of Russia have turned their origins and luxurious betrayals into places like Dubai and Turkey to search for a haven of Western sanctions.
“If you are not supportive of Putin and are still in the country, you will not be able to get out,” Halim said this week during the American Outbound summit in New York. “Only because a certain Russian has invaded a country, you cannot decide that all the Russians are bad. ”
Greenada, known as the “Spice Island”, has become a political and political haven since the US -led invasion in the 1980s, without capital gains, inheritance or global income taxes.
Its parliament has created a nationality program by investing in 2013, and since then some of the wealthy Chinese applicants have attracted to avoid the long accumulation of similar American programs..
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