OECS

Dominica reaches monumental agreement with other Caribbean Citizenship by Investment nations

Retrieved on: 
Monday, March 25, 2024
CBI, Migration, Communication, Conduct, Memorandum of understanding, OECS, Legislation, Memorandum, Government, Organization, Commonwealth

This landmark pact included setting a minimum CBIP price threshold to US$200,000, elucidating the commitment of Caribbean CBI countries to solidify their commitment and maintain the dialogue with international partners.

Key Points: 
  • This landmark pact included setting a minimum CBIP price threshold to US$200,000, elucidating the commitment of Caribbean CBI countries to solidify their commitment and maintain the dialogue with international partners.
  • Dominica continues to demonstrate receptiveness towards enhancing and maintaining the integrity of the CBIP .
  • This is evident in the EU officials visit to Dominica on 24 January 2024 with the OECS countries to discuss the Caribbean CBIPs.
  • The legislation standardises due diligence, information between CBIPs, and sets minimum price structures to ensure no applicants could apply for citizenship ‘below a particular fixed rate’.

St Kitts and Nevis leads the regional agreement on Citizenship by Investment regulations

Retrieved on: 
Monday, March 25, 2024
CBI, Government, Communication, FDI, CIU, Investment, OECS, MOA, Legislation, Memorandum, Organization, Commonwealth

Caribbean CBIPs are designed to obtain foreign direct investments (FDIs) to support socio-economic developments in exchange for citizenship through thorough stringent due diligence processes.

Key Points: 
  • Caribbean CBIPs are designed to obtain foreign direct investments (FDIs) to support socio-economic developments in exchange for citizenship through thorough stringent due diligence processes.
  • The current Charmain of the OECS, Prime Minister of St Kitts and Nevis, Honourable Dr. Terrance Drew, spearheaded this initiative to enhance collaboration among the five Caribbean CBI countries.
  • In this instance, St Kitts and Nevis and Caribbean CBIP countries have collectively adopted CBI legislation that maintains the integrity and security of Caribbean CBIPs.
  • Although ahead of the curve, St Kitts and Nevis introduced new legislation last year addressing many of these areas now reflected in the Memorandum of Agreement, including increasing the investment thresholds.

Dominica consolidates regulations, underscoring the Programme's integrity

Retrieved on: 
Tuesday, December 19, 2023
Six Principles, Paramount, Communes of Burundi, Travel, AAS, Government, Commonwealth, Organization, JRCC, Name, CBI, OECS, Face, Investment, Committee, CARICOM, Renewable energy

Dominica made changes in 2022 to applicable dependants which are reflected in this consolidated version of the CBI Regulations.

Key Points: 
  • Dominica made changes in 2022 to applicable dependants which are reflected in this consolidated version of the CBI Regulations.
  • AAs must be a citizen of Dominica and have their offices registered in Dominica with at least three staff.
  • AAs must also undergo independent due diligence checks, indicating Dominica’s commitment to integrity at every point in its programme.
  • These reinforced regulations not only strengthen the integrity of the CBI Programme but also reinforce Dominica’s position as a leading destination for investment.

The Organisation of Eastern Caribbean States and Invert Sign MOU on Carbon Reduction and Removal Initiatives in the Caribbean

Retrieved on: 
Thursday, September 7, 2023
Heart, Partnership, Organization, Face, OECS, Organisation of Eastern Caribbean States, CCSA, Carbon, Climate change, Memorandum of understanding, Knowledge, Inclusion, Environment, Renewable energy, Inverse

The MoU establishes a framework for the collaborative ownership, development, financing, and implementation of groundbreaking carbon reduction and removal projects throughout the region.

Key Points: 
  • The MoU establishes a framework for the collaborative ownership, development, financing, and implementation of groundbreaking carbon reduction and removal projects throughout the region.
  • Under the terms of the MoU, Invert, a leading global carbon removal and reduction company, will combine its technical and financial expertise in developing climate change mitigation and adaptation projects and complementary carbon crediting mechanisms, with the extensive knowledge and regional reach of the OECS.
  • Together, and in collaboration with the Caribbean Climate-Smart Accelerator (CCSA), these entities will pool their resources to accelerate the transition towards a low-carbon and climate-resilient future for the Eastern Caribbean.
  • "Having been born in Dominica and raised in Antigua, this initiative is particularly close to my heart and my home.

The Commonwealth of Dominica Enhances Security and Management of the Citizenship by Investment Programme

Retrieved on: 
Tuesday, August 29, 2023
JRCC, Human, Government Investment Unit of Indonesia, Dominica citizenship by investment programme, Unit, OECS, Government, Parliament, Name, CBI, United Kingdom, Commonwealth, Longevity, Government House, Dominica, Legislation, Private investigator, Medical device

Roseau, Aug. 29, 2023 (GLOBE NEWSWIRE) -- The Commonwealth of Dominica has taken significant steps to bolster the security and management protocols for its Citizenship by Investment Programme, aimed at fortifying the integrity and longevity of the programme.

Key Points: 
  • Roseau, Aug. 29, 2023 (GLOBE NEWSWIRE) -- The Commonwealth of Dominica has taken significant steps to bolster the security and management protocols for its Citizenship by Investment Programme, aimed at fortifying the integrity and longevity of the programme.
  • Dr. Roosevelt Skerrit, the Prime Minister of Dominica, has been collaborating closely with various stakeholders, including international consultants, to conduct a comprehensive audit of the investment migration programme.
  • During his recent Budget Speech, the Prime Minister unveiled plans to enlist a globally vetted management consulting firm to oversee the overall operations and management of the Citizenship by Investment Programme.
  • Over the past 18 months, the Government of Dominica has undertaken several measures to elevate the security of its investment migration programme.

New medical school named American Canadian School of Medicine in Dominica to be operational by 2023

Retrieved on: 
Wednesday, August 17, 2022
Parliament, Ross University School of Medicine, Laboratory, Health, OECS, GLOBE, CIP, Technology, Growth, Investment, Agriculture, School, Richardson Recreation and Wellness Centre, Knowledge, CSOM, Government, Ross University, Nursing, Dominica citizenship by investment programme, Fiscal, Education, Public sector, Tourism, Pharmacist, University, Economic development, MD, Angelo Gordon, Housing, Public health surveillance, Student, Medical degree, EDF, Renewable energy, Health insurance, Medicine, Pharmaceutical industry

Dominica understands that education provides an individual with the knowledge and skills to adapt to the changing and evolving world.

Key Points: 
  • Dominica understands that education provides an individual with the knowledge and skills to adapt to the changing and evolving world.
  • While recently presenting the 1.3 billion dollar budget for the Fiscal Year 2022-2023 in the Parliament of Dominica, Prime Minister Dr Roosevelt Skerrit announced that the country planned to open a new medical school, named the American Canadian School of Medicine.
  • He announced that the American Canadian School of Medicine will provide a 4-year Medical Degree (MD) and will be operational from September 2023 after several months of negotiations between the government and CSOM Holdings Limited.
  • "The school will offer a four-year medical degree designed for students who have already completed a bachelor's degree.

Justin Sun Attended WTO MC12 with Focuses on SIDS, E-Commerce, and More

Retrieved on: 
Wednesday, June 29, 2022
Technology, Electronic Commerce, Other Technology, Blockchain, Agriculture, MC12, Emergency, MTS, Work Programme, Work, IPR, Ambassador, Climate change, World Food Programme, Intellectual property, COVID-19, Food security, Fishery, CET, OECS, TRIPS, Sun, SIDS, Commerce, WTO, WFP, Permanent, Pandemic, General Agreement on Trade in Services, Vaccine, Multimedia, Agreement, Conference, Small Island Developing States, Online gambling

According to the OECS release on June 12 (CET), Justin Sun led the Grenada delegation to attend the WTO's 12th Ministerial Conference (MC12).

Key Points: 
  • According to the OECS release on June 12 (CET), Justin Sun led the Grenada delegation to attend the WTO's 12th Ministerial Conference (MC12).
  • Justin Sun also called for addressing the current COVID-19 vaccine inequity at the conference.
  • He argued that WTO members must identify an IPR exemption agreement on an intellectual property waiver for COVID-19 vaccines.
  • The WTO MC12 was also delayed twice due to the impact of COVID-19, which was seen as the key issue of the conference.

International CBI Units Put Extra Focus on Due Diligence Processes Amid Global Risks: CS Global Partners

Retrieved on: 
Friday, May 13, 2022
Tourism, Risk, Income, Organization, Organisation of Eastern Caribbean States, Investment, Wealth management, Failure, EB-5 visa, COVID-19, Fact, Research, Industry, Gunning, Counter-terrorism, Pressure, Professional Wealth Management, Compliance, Finance, OECS, Pacific typhoon season, CBI, PWM, GLOBE, Risk management, Private investigator, Pharmaceutical industry, Lotus Exige

In the last instalment, the panel moderated by Yuri Bender, editor in chief of Professional Wealth Management magazine, discusses how international CBI units are putting extra focus on due diligence processes amid global risks.

Key Points: 
  • In the last instalment, the panel moderated by Yuri Bender, editor in chief of Professional Wealth Management magazine, discusses how international CBI units are putting extra focus on due diligence processes amid global risks.
  • It is important to also keep in mind that CBI Units will also consider the information they get from other sources such as law enforcement agencies.
  • There is never a scenario where a lighter version would be applied to an applicant when it comes to due diligence.
  • Caribbean nations are some of the most transparent in terms of reporting on their due diligence processes which has positively impacted their brand and reputation in the international market, adds Paul Singh, director at CS Global Partners an international government marketing agency.

Private Wealth Management Perspectives Series Finds That Rigorous Due Diligence Standards of Caribbean CBI Nations Earn International Respect: CS Global Partners

Retrieved on: 
Thursday, April 28, 2022
International, Intelligence, Leviton, EB-5 visa, Time, Income, GLOBE, Biography, Documentation, Finance, CBI, Wealth management, Investment, OECS, Professional Wealth Management, Fact, PWM, Private investigator, Lotus Exige

Karen Kelly, director of strategy and development at Exiger said We find that countries who are already engaging top due diligence intelligence companies have consistent standards across their CBI programmes.

Key Points: 
  • Karen Kelly, director of strategy and development at Exiger said We find that countries who are already engaging top due diligence intelligence companies have consistent standards across their CBI programmes.
  • The Caribbean continues to improve its due diligence standards making their programmes internationally recognised and respected.
  • International respect is vital for any CBI programme to thrive as many nations, especially in the OECS region, use CBI funds to fast-track economic transformational opportunities.
  • ProfessionalWealth Management, from the FT Group, is the premier resource forprivatebanking and mutual fund coverage in Europe, Asia and beyond.

CS Global Partners: Commonwealth of Dominica Signs Roadmap for Cooperation with Kingdom of Morocco

Retrieved on: 
Thursday, April 7, 2022
MENA, African Union, Leadership, Marketing, British Virgin Islands, Climate change, OECS, Kingdom, Windward and leeward, Commonwealth, Diplomacy, Virgin Islands, Government, Industry, Organization, GLOBE, Island, Policy, Solution, Awareness, Education, Lawyer, CARICOM, History, Airline, Forestry, Dominican

LONDON, April 07, 2022 (GLOBE NEWSWIRE) -- In a move to bolster diplomatic ties, the Commonwealth of Dominica and the Kingdom of Morocco signed a roadmap for cooperation.

Key Points: 
  • LONDON, April 07, 2022 (GLOBE NEWSWIRE) -- In a move to bolster diplomatic ties, the Commonwealth of Dominica and the Kingdom of Morocco signed a roadmap for cooperation.
  • "I want to say to all of you, the citizens of the Kingdom of Morocco, that the relationship between Dominica and Morocco is strong and sincere.
  • CS Global Partners provides tailored guidance and advice with a global physical presence and an expert legal advisory and marketing team.
  • CS Global Partners holds government mandates to promote and develop citizenship by investment programmes for St Kitts and Nevis and Dominica.