Featured

Study reveals crypto investors showing keen interest dual citizenship of Caribbean

Cryptocurrency gained world attraction in the last few years, witnessing an evolution in its popularity.

Cryptocurrency gained world attraction in the last few years, witnessing an evolution in its popularity. The high volatility of the industry is pushing crypto investors to run their businesses in a “safer and secure” environment, following which they are prioritizing obtaining second citizenship in Caribbean countries.

A recent study has revealed that crypto investors are now peeking for a place where they can live a healthy and “high standard of life”. In short, they are looking for a nation which is more stable “economically as well as politically” as it will open a bunch of opportunities for them to work in a serene and peaceful environment while being safe.

Bitcoin, Ethereum, Dogecoin, Ripple, Solana, and Tether are among the most popular cryptocurrencies at the present time in the world that are witnessing elevated leaps in their value, which emerges curiosity in people about their future.

ABL Holdings‘ Mohamed Abdeen speaking and verifying the findings of the report stated that the people investing in crypto are now seeking other favourable methods of investing, adding that they are also showing great nosiness in citizenship by investment programmes.

Abdeen further added, “If we talk about Caribbean countries, Dominica has a safe environment; it is economically and politically stable. There are no or very low cases of crime reported, especially towards foreign investors. All of these factors combined make it a very desirable location to be part of. The internet connectivity in Dominica is also one of the fastest in the region, making it even more suitable for crypto-miners and investors”.

Following the aforementioned statement, Abdeen of ABL Holdings further emphasized the rising demand for CBI Programmes among crypto investors.

“People who invest in cryptocurrencies are admiringly ambitious, they are always pursuing new, different types of investment options, & citizenship by investment is the most secure type of investment. It is also longstanding, as an individual can also transfer it to their future generations”.

Besides this, he added that Dominica’s citizenship by investment programme had been rated as the world’s number 1 for five consecutive years in the CBI Index, released by PWM Magazine of Financial Times.

Not only this, but to ensure national and international safety, the CBI Unit of Dominica ensures that the applicants undergo a vetted due-diligence process, during which their criminal record is assessed. These extensive processes are being conducted by the government as well as third party agencies

Share
Admin Admin

Published by
Admin Admin

Recent Posts

PM Roosevelt Skerrit sends condolences to India as over 300 lives lost in tragic rail accident

Prime Minister of the Commonwealth of Dominica- Dr Roosevelt Skerrit, expressed his deepest condolences to… Read More

13 hours ago

Construction of six schools to begin soon in Dominica : PM Roosevelt Skerrit

Prime Minister Dr Roosevelt Skerrit announced that the government of Dominica will start the construction… Read More

19 hours ago

Dominica: 2023 Feast of St Anthony Toucarie Beach to return in Cottage

Roseau, Dominica: Cottage Village Council is all set to host the "2023 Feast of St… Read More

21 hours ago

READ HERE: Full Ferry schedule of St Kitts and Nevis for June 3

Nevis Air and Sea Ports Authority shared the Ferry Schedule from Nevis to St Kitts… Read More

22 hours ago

Antigua and Barbuda: STAMP 268 – “Ah Fu Arwe Subben” to feature local artists

Antigua and Barbuda is all set to host STAMP 268 - “Ah Fu Arwe Subben… Read More

23 hours ago

Rihanna becomes Forbes’s America’s Richest Self-made Women among singers

Rihanna- Barbadian singer, topped Forbes's America's Richest self-made Women list among singers. The list has… Read More

23 hours ago

CRICKET: Saint Lucia U16 40 over tournament hosts one match

One match was played as the 2023 Saint Lucia Ministry of Youth Development and Sports… Read More

24 hours ago

Trinidad and Tobago: Meet Akeil Andrews- founder of Beard Boss offers luxury products

Office of the Chief Secretary - THA of Trinidad and Tobago shared the profile of… Read More

1 day ago

Eliesel Ramirez Dorsett, Wentworth Smithen win Nevis Youth Impact 12 awards

ELIESEL RAMIREZ - DORSETT and WENTWORTH SMITHEN secured the Nevis Youth Impact 12 award in… Read More

1 day ago

St Kitts and Nevis: SKNRA, SKELEC, SKNANB to sponsor CFBC TVEMS Competency Capstone Project

SKNRA, SKELEC - St Kitts Electricity Company Limited, SKNANB - St Kitts-Nevis-Anguilla National Bank Limited,… Read More

1 day ago