According to the Relocation project, five Eastern Caribbean nations—Antigua and Barbuda, Dominica, Grenada, Saint Lucia, and Saint Kitts and Nevis—plan to send a joint delegation to Brussels for negotiations on the future of citizenship-by-investment (CBI) programs, Prian reports, citing Investment Migration Insider.
Dominica’s Prime Minister Roosevelt Skerrit stated that the negotiations are scheduled to take place toward the end of September 2026, although the exact date of the meeting has not yet been agreed upon. The delegation expects to hold consultations with the leadership of the European Commission, the European Council, and the European External Action Service.
The decision to launch the joint mission was made on July 10 at a meeting of leaders from the Eastern Caribbean at Roseau, Dominica. In an official statement, the meeting participants emphasized the economic importance of investment citizenship programs for small island states and the need to take into account their dependence on CBI-related revenues.
The negotiations are taking place against the backdrop of the European Union’s hardline stance on such programs. As previously reported, on June 25, European Commissioner for Home Affairs and Migration Magnus Brunner sent a letter to Antigua and Barbuda proposing that the investment citizenship program be phased out by June 1, 2028, with a 24-month transition period. According to industry sources, similar demands were also sent to four other countries.
The reason for the pressure from Brussels is primarily linked to visa-free access for citizens of these countries to the Schengen Area. The updated EU mechanism allows for the existence of a program that grants citizenship in exchange for investment—without the applicant having a substantial connection to the country—to be considered grounds for suspending the visa-free regime. EU documents also emphasize the need to strengthen vetting of applicants and to phase out such schemes.
As early as September, Caribbean states are to strengthen vetting of candidates and completely exclude individuals subject to EU sanctions from these programs. At the same time, the countries are working to establish a single regional supervisory body—Eastern Caribbean Citizenship by Investment Regulatory Authority (ECCIRA). The decision to form a common regulator was adopted by five states back in 2025.
ECCIRA is expected to set common standards for vetting investors, monitor the activities of national programs, and facilitate the exchange of information between countries. The regulator’s headquarters is to be located in Grenada.
Citizenship-by-investment programs remain an important source of revenue for small Caribbean economies. Foreigners can obtain citizenship after making a specified contribution to a government fund or investing in approved projects, particularly in real estate. As of 2026, all five programs continue to accept applications, and the minimum investment threshold starts at approximately $200,000, although specific requirements vary by country.
Caribbean governments intend to persuade the EU not to abruptly terminate the programs and are proposing that the EU take into account their role in financing infrastructure, climate projects, education, healthcare, and recovery from natural disasters.
According to Skerrit, the goal of the upcoming mission is to work with Brussels to find “practical and mutually beneficial solutions” that will allow for both the EU’s security requirements and the interests of small island economies to be taken into account.
