
ECCIRA established as five Eastern Caribbean CBI countries tighten biometrics and a 30-day presence rule from 2026
Five OECS countries have established ECCIRA, setting common CBI standards: mandatory biometrics, 30 days' physical presence within 5…

The Caribbean Investment Summit 2026 (CIS26) took place from 6 to 9 May 2026 at the Royalton Resort, Cap Estate, Saint Lucia, marking the tenth year of the event. The event attracted approximately 350 delegates from North America, Europe, the Middle East, Asia, and Africa, under the theme “The Convergence Advantage in Global Capital and Mobility”.
Saint Lucia, as the host country, was attended by Prime Minister Philip J. Pierre and Minister of Tourism, Commerce and Investment Ernest Hilaire. On 7 May 2026, Prime Minister Pierre participated in a high-level panel discussion at the Royalton Resort alongside other heads of government from countries with CBI programmes: Prime Minister Dickon Mitchell (Grenada) and Prime Minister Dr Terrance Drew (Saint Kitts and Nevis). The panel was moderated by Dr Didicus Jules — Director General of the Organisation of Eastern Caribbean States (OECS).
According to the Office of the Prime Minister of Saint Lucia, the event places Saint Lucia at the centre of key dialogues on CBI as small island developing states reposition themselves within a changing global regulatory environment.
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One of the most important updates from CIS26 was the progress on establishing a single regional CBI regulatory authority. According to a statement by Julian Charles, Chairman of the Saint Lucia Citizenship by Investment Board, the Caribbean has entered a new phase of regulatory convergence with plans to establish a single regional body overseeing all five CBI programmes in the Eastern Caribbean.
The legal text enabling the establishment of this body has been signed by participating countries. Recruitment for leadership positions is underway under the guidance of the Eastern Caribbean Central Bank (ECCB).
Saint Kitts and Nevis citizenship by investment secured the most notable victory at CIS26 with four awards:
Programme of the Year — the conference’s highest accolade; the Sustainable Development Impact Award; the Time to Citizenship Efficiency Award — achieved for the second consecutive year; and the Caribbean Impact Award.
According to SKNIS — the Saint Kitts and Nevis Government Information Service, H.E. Calvin St. Juste, Chief Executive Officer of the Investment Migration Unit, accepted the awards and noted that this is recognition of a 20-month journey of programme reform since transitioning to a statutory model. Reforms include enhanced due diligence processes, the implementation of biometric identity verification, and upgraded compliance frameworks.
Organisers confirmed that Saint Kitts and Nevis will host the next edition — CIS27 in 2027. This is seen as a sign of recognition of Saint Kitts and Nevis’ growing stature in the region.
In addition, the Saint Kitts and Nevis Investment Migration Unit announced the hosting of its standalone Investment Gateway Summit in Saint Kitts from 17 to 20 June 2026, under the theme “Connect, Collaborate, and Celebrate”.
According to Minister Hilaire, Saint Vincent and the Grenadines is expected to launch its new CBI programme in 2026 — bringing the number of CBI programmes in the Eastern Caribbean to a new total. The five currently operating programmes are: Saint Kitts and Nevis, Saint Lucia, Grenada, Dominica, and Antigua and Barbuda.
, according to Saint Lucia Daily Post, Deputy Prime Minister and Minister of Investment of Saint Lucia Ernest Hilaire stated that Caribbean nations cannot rely solely on baseline regulatory standards as global pressure on CBI programmes intensifies. The region needs to move beyond “baseline oversight” to an enhanced regulatory framework based on measurable outcomes, accountability, and long-term impact assessment.
Mr Hilaire emphasised: “Regulation is now the industry” — reflecting the reality that compliance and oversight have become core factors determining the viability of programmes.
McClaude Emmanuel, CEO of Saint Lucia Citizenship by Investment, added a perspective on the interconnectivity between programmes: “The reputation of our programmes is linked together.” He stressed that collective responsibility is key to maintaining investor confidence and international standing.
One of the prominent themes throughout the conference was the evolution of investment migration beyond traditional “single-passport transactions”. The agenda focused on integrated wealth management strategies, including estate planning, asset protection, and multi-jurisdictional portfolio structuring.
The conference also discussed the role of emerging technologies — particularly AI and biometrics — in due diligence and border security. For the first time, CIS26 featured specialised workshops alongside traditional panel discussions to address specific issues of regulatory compliance, market innovation, and investment opportunities.
According to Minister Hilaire, while the Saint Lucia CBI programme currently contributes under 10% of national revenue, certain other countries in the region depend on programme revenues for up to 50%. In Saint Lucia, CBI revenue supports infrastructure projects, healthcare, national security, and key public utilities.
Minister Hilaire also emphasised the importance of maintaining robust regulatory standards while ensuring that small island states retain access to development finance. This is seen as a crucial balance between international governance expectations and the internal development needs of the region.
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