The United States and Five Caribbean countries reached 6 agreements: increasing interviews, application verification, annual audits, etc.!

The United States and the five Caribbean countries have reached six agreements: increased interviews, application verification, annual audits, and more!

On February 25, 2023, representatives from the Caribbean Five nations –Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, and Saint Lucia engaged in a roundtable meeting with officials from the U.S. Department of the Treasury, led by the Deputy Secretary. The discussions focused on the threats facing the Caribbean Citizenship by Investment programs. The meeting concluded with six agreements, which are set to be implemented in the next 4-6 months. These measures indicate a trend towards stricter immigration policies in the entire Caribbean region in the future.

• Reject applications that have been denied by other Citizenship by Investment (CIP) programs.
• Increase the number of interviews, whether conducted online or offline.
• Each jurisdiction will verify each application with the financial intelligence departments of other countries.
• Conduct an audit annually or biennially based on internationally recognized standards.
• Seek assistance from law enforcement agencies to recover revoked or recalled passports.
• Suspend the processing of applications from Belarusian or Russian nationals.

Citizenship by Investment (CIP) processing time ranking in the Caribbean region:

• Saint Kitts and Nevis: Government approval within 45-60 days (expedited processing available).
• Dominica: Processing completed within 90-120 days.
• Antigua and Barbuda: Completion within 3-4 months.
• Grenada: Government approval within 3-4 months.
• Saint Lucia: Processing completed within 4-6 months.