Caribbean Nations to Strengthen Citizenship by Investment Programs
Potential Increase in Minimum Investment Thresholds
Antigua and Barbuda, Dominica, Grenada, and St. Kitts and Nevis have signed a Memorandum of Agreement (MoA) to enhance collaboration on their Citizenship by Investment Programs (CIPs). Notably, these nations have agreed to raise their minimum investment thresholds to $200,000, setting a price floor to prevent underselling and ensure market fairness. Any future changes to this minimum will require unanimous approval from all four countries.
Greater Collaboration and Enhanced Transparency
The nations, having agreed last year to share applicant information, are now committed to further transparency by disclosing program revenues and expenditures. By mid-year, they plan to establish a unified regional authority to set standards in line with international requirements and best practices, and to regulate the programs. The MoA also aims to standardize marketing practices for CIPs, including the terminology and imagery used by agents.
Limited Time to Apply Under Current Prices
Historically, these programs offered entry points at $100,000, but the cost is set to increase significantly. Potential applicants are encouraged to act quickly to take advantage of the current prices and unlock global opportunities, enhance mobility, and secure their desired future.
Source: Artoncapital.com