OECS to Take “Aggressive Steps” to Show “Unreasonableness of OECD”

The Organization of Eastern Caribbean States (OECS) – five of whose six sovereign member states have citizenship by investment programs – has responded to the OECD’s recent report. The OECD, in its report, singled out Antigua & Barbuda, Dominica, Grenada, Saint Kitts & Nevis, and Saint Lucia, citing concerns that these countries’ CIPs may be

Read more

Antigua PM Welcomes Grenada PM’s Inquiry Into Caribbean CIP Vetting Standard Adherence

Antigua & Barbuda’s prime minister Gaston Browne says he welcomes the Monetary Council of the Eastern Caribbean Central Bank’s (ECCB) initiative to investigate whether Caribbean citizenship by investment programs (CIPs) are following through on their commitment to have each applicant reviewed by regional security organizations. Last week, Grenadian prime minister Keith Mitchell – who has

Read more

CBI-Debate Heats up in Saint Vincent: Fund Govt. With CIP, Not Debt, Says Opposition

In Saint Vincent & the Grenadines – the only independent OECS-country still not offering citizenship by investment owing to the incumbent administration’s persistent opposition to CBI on ideological grounds – the debate over whether to introduce a CIP has been raging over the last week. In recent years, the ruling Unity Labor Party (ULP) has repeatedly

Read more

Apex’ Kenny Green: Without CIP-Unity, Caribbean Economies Will Not Survive

This article was contributed by Kenny Green, Managing Director of Apex Capital in Dominica. All for one and one for all, united we stand divided we fall. This quote, attributed to Alexandre Dumas as used in the novel the Three Musketeers, aptly describes the challenge we face in the Caribbean. The economic survival of the small

Read more

OECS Should Run Caribbean CIPs, Says Saint Lucia PM Chastanet

Prime Minister Allen Chastanet of Saint Lucia, home to the Caribbean’s youngest citizenship by investment program (CIP), favors the concept of ceding local control and administration of the region’s CIPs to the Organization of Eastern Caribbean States (OECS), according to an article in the Saint Lucia Times. Chastanet, together with Prime Minister of Dominica, Roosevelt

Read more

OECS PMs To Sign MoU on CIP Cooperation – “No Race to the Bottom” Says Skerrit

Just hours before we were scheduled to meet Prime Minister Skerrit for an interview in his office in Roseau, Dominica, word reached us that the PMs of the Caribbean CIP-countries are moving toward signing a Memorandum of Understanding on closer cooperation between the Citizenship by Investment Units on matters related to information sharing as well

Read more

All Five Prime Ministers of Caribbean CIP Countries Meeting to Discuss Price War This Week

An industry source who wishes to remain incognito has confirmed that the prime ministers of all five Caribbean countries that have citizenship by investment programs will be meeting this week in an effort to contain the recent price competition. The source further confirms that all five CIP countries will adopt a common standard for reporting

Read more

Caribbean CIPs meet to explore path to unification

Representatives from the five Caribbean Citizenship by Investment Programmes (CIPs) convened yesterday in Saint Lucia in a meeting orchestrated by the Organization of Eastern Caribbean States (OECS) to “explore opportunities for increased collaboration and harmonization of due diligence processes”, according to a press release. Perceived by many as a first step on the path toward

Read more