Also known as:DDDDBackground check
Definition
The investigative process — covering identity, source of funds, criminal history, and reputational risk — that every investment-migration applicant must satisfy before approval.
Due diligence is the structured background-check process every credible CBI / RBI programme runs on applicants. It typically operates in tiers:
• Tier-1 (basic): identity confirmation, criminal-record check against police and Interpol databases, sanctions screening (OFAC, EU, UN, HMT lists).
• Tier-2 (enhanced): adverse media check, PEP screening, examination of corporate structures, source-of-funds documentation.
• Tier-3 (source-of-funds deep-dive): forensic accountancy review of how the funds were generated and traceability across the originating chain.
The Caribbean 5 share due-diligence intelligence under the 2024 OECS harmonisation. Malta operates a four-tier process with its own intelligence service. Due diligence is typically conducted by a panel of approved external firms — Exiger, S-RM, BDO, Sterling, Thomson Reuters, and similar — funded by mandatory per-applicant fees ranging from USD 7,500 to USD 15,000.
