Is another major shift on the horizon for the Caribbean Citizenship by Investment Program?
A major wave of reform is about to change the future of Caribbean Citizenship by Investment (CBI). In response to leaked reports of possible U.S. travel restrictions affecting CBI nations, Saint Kitts & Nevis has announced immediate legislative action, while Dominica has broken its silence, promising urgent changes to restore international confidence.
What’s Happening?
Saint Kitts Sets a New Precedent
Prime Minister Terrance Drew has introduced what could be the most significant update in the region’s CBI history:
- Residency Requirement:
All new applicants must physically reside in Saint Kitts for a specified period. This ends the long-standing no-residency pathway. - Biometric Verification:
All applicants will need to complete in-person or verified virtual interviews and submit biometric data as part of the enhanced due diligence process.
“Residency clause and biometrics, those will be part of the new law,” PM Drew confirmed in a national radio interview. “It will pass very, very soon within weeks.”
This is a strategic move aimed at strengthening passport credibility, enhancing border security, and aligning the program with international expectations.
Dominica Promises Swift Legislative Action
Prime Minister Roosevelt Skerrit has confirmed that Dominica will soon pass new legislation addressing similar concerns:
- A ban on name changes during or after the application process
- Administrative reforms to improve transparency and compliance
- Stronger international cooperation, especially with the United States
Skerrit was quick to reassure citizens that the government was acting responsibly and diplomatically.
“There is no need for panic… The government is committed to protecting national interests and addressing the issue through appropriate diplomatic channels.”
Dominica is also working to implement its changes in close alignment with other Caribbean states, further showing the region’s commitment to program integrity.
Why This Matters for Investors
For years, Caribbean CBI programs, especially those in Saint Kitts, Dominica, Antigua, and Saint Lucia were popular for their speed and flexibility, particularly the absence of physical residence requirements.
But now, with stricter international oversight and regional governments encouraging more restrictive controls, the era of no-residency CBI may be coming to an end.
If you’re planning to apply, the time to act is now before new rules are implemented, and the pathway becomes longer and more complex. Message us today to Reserve Your Spot!
Stay Informed with UNO Capital
At UNO Capital, we stay ahead of global changes and keep track of the latest updates in citizenship and residency programs. We keep you informed every step of the way, whether it’s new regulations, policy shifts, or opportunities in global mobility. As the landscape evolves, we ensure our clients are always prepared, supported, and strategically guided toward the best investment decisions.
Speak with our experienced investment consultants to determine which program is best for your future. Reach out to us by email at info@unocapital.com or by phone at +971 4 393 0 393.