Interview with Charmaine Quinland-Donovan, CEO, CIU Antigua and Barbuda
CEO Insight: Why has citizenship investment become so important for global investors?
Charmaine Quinland-Donovan: Profit optimization, portfolio diversification, access to new markets and tapping into unique business opportunities are the outcomes global investors pursue. The early development of the investment migration industry was driven by the need for investors, particularly from jurisdictions whose travel documents did not afford ease of travel, to have access to greater mobility. However, as the industry has developed, all of the traditional investment imperatives are also operating as pull factors for many global investors. As such, they are in pursuit of much more than mobility – they are in search of options, both for their commercial interests as well as their lifestyle. Citizenship paves the way for real societal and economic integration: global investors understand, adopt to and transform the industries and economies in which they operate. There is a duality of benefit as the host countries receive direct inward investment, augment skills and competencies and foster the growth of the many ancillary activities which accompany the increased economic activity.