Case Study: a citizenship by investment program in the Caribbean achieves informed, risk-mitigated application decisions with BDO due diligence services

a citizenship by investment program in the Caribbean reviews 20+ applicants with BDO

BDO was engaged by a citizenship by investment program in the Caribbean to perform due diligence on applicants for secondary citizenship. The challenge arose when BDO identified that more than twenty applicants shared employment at the same controversial company, requiring deeper investigation into their collective risk profiles and motivations.

BDO's solution involved comprehensive risk profiling through public records research and on-the-ground investigation. This work uncovered significant issues with the applicants' company and its founder, including adverse media and legal problems. The information allowed the citizenship by investment program to mitigate financial and reputational risk and make informed decisions on the applications, as detailed by BDO.