Uncertainty and fear over a United States governed by a Donald Trump administration appears to be pushing wealthy Americans to look for alternative citizenships – and the Caribbean just might benefit.
The Republican’s upset win over Democratic candidate Hillary Clinton was announced early yesterday after Tuesday’s elections, following a divisive campaign that featured controversial statements and actions by the real estate mogul, particularly as it relates to immigration, trade and climate change.
According to a statement issued by citizenship advisory firm Henley & Partners yesterday, “in the hours since Donald Trump was confirmed as the next President of the United States, there has been a sharp increase in the number of Americans enquiring about alternative residence and citizenship programmes.”
It said similar sharp increases were also noted after major events such as the United Kingdom’s vote to leave the European Union, Brexit. However, Henley & Partners did not indicate how many of the inquiries had translated into actual Citizenship by Investment (CBI) applications, or to which CBIs any applications were made.
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