CBI/RBI Schemes definition
CBI/RBI Schemes means "Citizenship by Investment" (CBI) and "Residence by Investment" (RBI) schemes which are being offered by a substantial number of jurisdictions and allow foreign individuals to obtain citizenship or temporary or permanent residence rights on the basis of local investments or against a flat fee. The OECD has analyzed over 100 CBI/RBI schemes offered by CRS-committed jurisdictions, including Antigua and Barbuda, Bahamas, Bahrain, Barbados, Cyprus, Dominica, Grenada, Malaysia, Malta, Qatar, Saint Kitts and Nevis, Saint Lucia, Seychelles, Turks and Caicos Islands, United Arab Emirates, and Vanuatu.
CBI/RBI Schemes means "Citizenship by Investment" (“CBI”) and "Residence by Investment" (“RBI”) schemes which are offered by a substantial number of jurisdictions, including but not limited to low/no tax jurisdictions, jurisdictions exempting foreign source income, jurisdictions with a special tax regime for foreign individuals that have obtained residence through such schemes and/or jurisdictions not receiving CRS information (either because they are not participating in the CRS, not exchanging information with a particular (set of) jurisdictions or not exchanging on a reciprocal basis) with the intention of allowing foreign individuals to obtain citizenship or temporary or permanent residence rights on the basis of local investments or against a flat fee.