I’m packing my bags and getting ready to head for England! I’m not leaving my lovely island home forever, instead I am going to the UK to attend the OPPLive Conference in London, Nov 25-26th and give a presentation alongside CaribPro representative, Jason Kumpft. Our seminar entitled ‘Profitable Possibilities and Partners in the Caribbean’ will be held on 26th November from 11:00-12:00 in Theatre 3. The session will highlight the new opportunities that exist for both local agents and international partners in an exciting combination of real estate and offshore asset protection possibilities, including economic citizenship.
In the midst of the current global credit crunch, property professionals are seeking to charter their way into new territory. Industry leaders are eager to create new opportunities and make even smarter investments in the climate of financial caution. As a result, registration for this fourth annual OPPLive conference at the ExCel Centre is exceeding previous years. Delegates are already signing up for our presentation, which promises to offer insights into the emerging Caribbean development industry and strategic ways to maximize financial assets in the region, and we are certain that they will be highly satisfied. Continue reading "The OPPLive Conference 2008"
The current economic crisis is leaving countries around the world in a devastated situation. French Prime Minister Francois Fillon recently described the financial world as being "on the edge of the abyss" and even after signing a $700bn (£394bn) financial sector rescue plan, President George W Bush has warned that the US economy continues to face "serious challenges". Global summits are currently being attended by world leaders to find solutions to the worst financial crisis since the 1930s.
However in the Caribbean region the banking system of the Eastern Caribbean Currency Union (ECCU) has so far remained stable and not affected by the unfolding crisis. The St Kitts-based Eastern Caribbean Central Bank (ECCB) recently released a statement, saying that “To date, the banking system of the Eastern Caribbean Currency Union (ECCU) has not been impacted by these events. The commercial banking system remains stable and adequately capitalised," The ECCB also indicated that they would be prudently monitoring the ongoing global situation and doing its upmost to remain in this fortunate position.
Continue reading "Caribbean Banking Secure in Financial Crisis."
CARICOM nationals and legal residents could soon be able to travel around the region with greater ease as a new CARICOM travel pass is set to be introduced next year. The pass will be a high tech card that will feature facial and finger printing biometrics and will allow holders to go through automatic gates rather than the regular immigration control.
The travel pass is part of an effort to unite the Caribbean region and to further develop the Caribbean Single Market and Economy (CSME). The news of the upcoming travel pass is also a further incentive for those who are thinking of investing in Economic Citizenship as the card will make the passage of nationals easier and faster and automatically entitles the holder to spend up to 6 months at their regional destination.