Globevisa Group recently announced that Dr. the Honorable Roosevelt Skerrit, Prime Minister of Dominica, will attend the two-day 2026 Globevisa Global Citizen Conference (GGCC 2026) in Hong Kong on October 26, 2026, as a special guest.
Against the backdrop of recent structural compliance reforms within Caribbean Citizenship by Investment (CBI) programs, the attendance of senior Dominican government officials at this professional summit demonstrates the government’s approach to increasing information transparency and its commitment to fostering the compliant, long-term development of regional operations.
Establishing a Direct Communication Channel Between Officials and Industry Professionals
GGCC 2026 serves as an in-depth industry exchange platform for global investment migration consultancies, legal advisors, family offices, and wealth management professionals.
In response to tightening international regulations and policy uncertainties driven by geopolitical factors, four Caribbean nations operating CBI programs signed a Memorandum of Agreement (MoA) in 2024.
The agreement established a consensus on raising investment thresholds, standardizing due diligence processes, and sharing applicant information. The subsequent policy adjustments implemented by the Government of Dominica represent a direct application of the MoA, aligning with global Anti-Money Laundering (AML) regulatory frameworks.
The Prime Minister’s attendance provides international delegates and industry professionals with a direct opportunity to understand the long-term strategic planning and policy direction of Dominica’s CBI program.
For multinational consultancies operating in this sector, this facilitates a more accurate assessment of policy continuity for Caribbean programs, allowing for a systematic review of application processes.
It also ensures that policy interpretations provided to high-net-worth clients are clear, objective, and aligned with international compliance expectations.
The Impact of Dominica’s CBI Policy Adjustments on Professional Compliance Standards
In recent years, Dominica has implemented comprehensive compliance-focused adjustments to its CBI program.
These changes represent both national policy updates and elevated operational and risk-management standards for licensed consultancies globally:
- Refined Criteria for Dependent Applicants: The redefined scope and age limits for accompanying family members require consulting teams to conduct stricter reviews of family structures and financial dependency during the initial case assessment phase.
- Implementation of Mandatory Interviews: The introduction of mandatory online interviews for main applicants and eligible dependents requires licensed service providers to incorporate compliance-oriented interview preparation and conduct more thorough background verifications during the application preparation stage.
- Alignment of Investment Thresholds with Legal Standards: The overall increase in investment requirements in 2024 reflects the program’s comprehensive alignment with international Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) standards. The allocated additional funds are designated to enhance the national regulatory framework and support official due diligence systems.
From an industry perspective, these systemic reforms require practicing firms to establish more comprehensive internal risk management mechanisms.
For multinational consultancies, establishing independent internal compliance departments and enforcing strict pre-submission reviews have become necessary procedures to meet official due diligence standards.
Promoting Industry Transparency and Cross-Regional Professional Collaboration
As a professional consulting firm recognized by the Embassy of Dominica in China, Globevisa Group holds the official status of Licensed Promoter for the Dominica CBI program.
With Dominica introducing stricter industry regulations (such as the Commonwealth of Dominica Citizenship by Investment Regulations 2024), the legal obligations and entry barriers associated with this licensed status have significantly increased.
According to current statutory requirements from the Dominica Citizenship by Investment Unit (CBIU), only an “Authorized Agent” or a “Licensed Promoter” who has passed strict official due diligence and obtained legal practice permission can legally market the program globally.
Unauthorized operations by unlicensed entities may result in application rejections and expose the operating companies to direct legal liability.
Given the ongoing transformation within the global investment migration industry, relying on the fragmented resources of a single service provider is no longer sufficient to address the increasingly complex cross-border asset and tax structuring needs of high-net-worth individuals.
The upcoming GGCC 2026 summit will focus on reconstructing cross-border professional collaboration under the new norm of strict regulation. Global consultancies, legal professionals, and wealth management experts will review compliance service standards across multiple jurisdictions.
Utilizing official verification channels and licensed practice guidelines, the summit aims to establish cross-border collaboration mechanisms in a stringent regulatory environment, thereby advancing the global investment migration ecosystem toward higher standards of legality and transparency.
About Globevisa Group
Established in 2002, Globevisa Group (the organizer of GGCC) is an international consultancy specializing in cross-border asset allocation, residency, and citizenship planning, operating over 50 direct branches worldwide.
Globevisa is committed to providing global high-net-worth clients with one-stop identity and asset structuring solutions that meet the highest international regulatory standards, working alongside global partners to shape the future of international mobility.
