New Residency Rules Proposed for Caribbean CBI Programs

- New citizens must spend at least 30 days in the country that granted them citizenship.
- This 30-day stay can be spread out over five years—it does not have to be all at once.
- The residency requirement applies after citizenship is granted, not during the application phase.
- The stay can be fulfilled through multiple visits, giving flexibility to investors.
- Improving international trust in the programs
- Showing genuine ties between new citizens and their Caribbean nations
- Protecting visa-free access to the Schengen Area and other key regions
- Encouraging investment and tourism through actual visits
- Application Caps: Each country would have a yearly limit on how many CBI applications can be approved, based on program capacity and risk.
- Cultural Integration Program: New citizens must take part in a program that teaches them about the country’s culture, history, and civic duties.
- Passport Validity Rules: Initial passports might only last five years. A ten-year passport would be granted only after the 30‑day residency and other conditions are met.
- Regional Oversight Body – EC‑CIRA: A new body called the Eastern Caribbean Citizenship by Investment Regulatory Authority (EC-CIRA) would manage due diligence, share information, and ensure all countries follow the same standards.
- These changes are still proposals and must be approved by the parliaments of each country.
- The reforms will go into effect only after at least five countries ratify the agreement.
- If passed, the agreement would be enforced 30 days after final ratification.
- Act Fast: If you want to avoid the new residency rule, consider applying before the changes become law.
- Plan for Visits: Future applicants should prepare to visit their chosen country for a total of 30 days over five years.
- Consider Real Estate Options: Owning property can make it easier to complete the stay and enjoy your investment.
- Check Program Updates: Follow official announcements to see when the rule is passed and how it is implemented.
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Conclusion
The Caribbean CBI Programs Residency Requirement may soon change how citizenship by investment works in the region. For those looking for second citizenship without a travel requirement, now may be the time to act. For others, the 30-day stay could be a small price to pay for stronger, more credible citizenship.
Either way, staying informed and planning ahead is key.
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