Five Caribbean nations — Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, and St Lucia — have signed a landmark agreement to standardize their Citizenship by Investment (CBI) programmes.

The pact, signed during a regional meeting this week, aims to safeguard the integrity, transparency, and sustainability of the CBI industry. By aligning their programmes, the five countries are sending a strong message of cooperation while ensuring that the economic benefits remain secure for the region.

The new standards include stricter due diligence checks, uniform pricing structures, and stronger monitoring mechanisms. Leaders say these measures will help build international confidence in the CBI programmes, which provide vital revenue streams for many small island economies.

For Antigua and Barbuda, the agreement represents both a commitment to protecting its reputation and ensuring that the CBI programme continues to play a crucial role in national development.

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Associate Times