THE STAR BUSINESSWEEK MARCH 21, 2020
WWW.STLUCIASTAR.COM
DIGITAL REAL ESTATE: how Caribbean islands can cash in on their country codes
“When it comes to monetising Caribbean country codes, Anguilla is the region’s unrivalled success story.” Every Caribbean country has its own unique footprint on the internet, thanks to its domain name. Saint Lucian sites are instantly recognisable from their ‘.lc’, Jamaica is identified by ‘.jm’, and Grenada by ‘.gd’. Known as country code Top-Level Domains (ccTLDs), there are more to these handles than just a convenient means of finding your way around the web.
BY CATHERINE MORRIS, STAR BUSINESSWEEK CORRESPONDENT Continued on page 4
IN THIS EDITION OF
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Residency by Investment Around the Region Last year Anguilla became the latest Caribbean jurisdiction to offer Residency by Investment. RBI schemes are often seen as a more palatable middle ground to their CBI counterparts – inviting overseas investment without having to hand out passports in return. Page 3
The Cayman Islands has one of the longest running RBIs in the region (Photo courtesy Hans Schwarzkopf/Pixabay)
Digging Into Sand Mining For the Caribbean, effective conservation and utilisation of sand supplies cannot simply be a vague aspiration of the eco to-do list; it’s critical to the future viability of regional tourism, and also the physical territory of nations increasingly battling against an endless ocean that seeks to reclaim land. Page 5
Albert Daniels, Senior Manager for ICANN Stakeholder Engagement for the Caribbean (Photo courtesy ICANN) If reckless sand mining continues, it threatens to sink Caribbean islands