Grenada to Host ECCIRA, the New Caribbean CBI Regulator: Key Points on the Updated Citizenship by Investment Policy
December 30, 2025 · Caribbean citizenship · 10-minute read
In response to growing demands for transparency from the United States and the European Union (EU), 5 Caribbean nations (Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, and Saint Lucia) have signed an agreement to establish a joint regulatory authority. The move aims to standardize due diligence procedures and support the long-term sustainability of citizenship by investment (CBI) programs.
ECCIRA: the new Caribbean CBI regulator
The leaders of 5 member states of the Organisation of Eastern Caribbean States (OECS) have agreed to establish the Eastern Caribbean Citizenship by Investment Regulatory Authority (ECCIRA). Prime Minister Dickon Mitchell confirmed that Grenada will host the headquarters of this new Caribbean CBI regulator.
- Timeline: the legal framework was slated for completion in October 2025, with ECCIRA expected to become operational in early 2026.
Enforcement powers: ECCIRA will not only supervise the programs but also have real enforcement authority to protect their credibility:
- Sanctions: the authority can impose administrative penalties and revoke the licenses of entities in breach of the rules.
- Comprehensive oversight: it will supervise the CBI operations of all 5 countries under a single, unified set of standards (comprising 92 articles).
- Transparency: it will publish annual compliance reports to demonstrate accountability to international partners such as the United States and the EU.
Three key changes affecting investors
The establishment of ECCIRA will directly affect how applications are processed:
- Mandatory biometrics: all new applicants must provide biometric data during the interview process. Existing passport holders must also provide biometric data when renewing their passports. The requirement is intended to prevent identity fraud and address security concerns raised by the United States and Europe.
- Centralized data system: ECCIRA will manage a shared database of applicants. Information will be shared among member countries to prevent an application rejected in one country from being approved in another.
- US$200,000 minimum investment retained: the countries reaffirmed their commitment to the US$200,000 price floor, in place since mid-2024. This harmonizes pricing across the region and curbs unhealthy price undercutting between programs.
Positive effects on investor security and rights
Although due diligence will become stricter, ECCIRA brings practical benefits for investors with transparent backgrounds:
- Safeguarding visa-free access: tighter oversight is a prerequisite for preserving visa-free access to more than 140 countries (including the Schengen Area and the United Kingdom) in the face of international pressure.
- Legal certainty: independent supervision helps reduce the risk of investing in low-quality projects.
Grenada’s selection as ECCIRA’s headquarters also reflects the credibility and rigor of its existing legal framework.
Important note on authorized agents
Under Grenada’s rules, only officially licensed agents may advise on and handle applications. Unlicensed firms may act only as sub-agents and may not be named on applications submitted to the government.
IMM Group has held a Grenada Marketing Agent License for the Grenada Citizenship by Investment Program for 5 consecutive years. The license was granted following an independent assessment of legal compliance, financial capacity, and advisory experience.
IMM Group: for 5 consecutive years, the first and only Vietnamese company licensed to advise on the Grenada Citizenship by Investment Program.
To help ensure a secure and lawful investment process, you can verify IMM Group’s listing among the authorized International Marketing Agents on the official website of the Government of Grenada’s Investment Migration Agency (IMA).
IMM Group’s listing on the official website of the Grenada Citizenship by Investment Program
Grenada citizenship by investment: why choose an advisory firm with a proven track record?
The global investment migration landscape is constantly shifting and increasingly complex. Investors need an advisory partner who not only helps them prepare a sound application but also gives their family peace of mind about the future. For the Grenada citizenship by investment program, as for all of our global investment migration solutions, IMM Group acts as a strategic advisory partner, supporting you with experience and integrity.
A pioneer with more than 21 years of hands-on experience in Vietnam, IMM Group does not act as a sales agent. We do more than advise — we build global investment and citizenship solutions on:
- Rigorous due diligence and risk management: Having successfully handled hundreds of applications, including complex cases, we conduct multi-layered project due diligence and protect investors’ interests rigorously, including during periods of market stress.
- In-depth professional advice and full transparency: Every IMM Group consultant and case manager holds an international investment migration advisory certification issued by the Investment Migration Council (IMC). Our team provides a comprehensive analysis of benefits and risks so you can make decisions based on complete and accurate information. We put our clients’ long-term interests first.
- Integrity and commitment at every stage: Guided by our philosophy, “Serving with Authentic Values,” IMM Group commits to supporting you from the first step until you are settled. Integrity is our foundation, reflected in our readiness to protect client interests and to proactively refund service fees when risks beyond the client’s control arise (as set out in the contract).
- Receiving and giving back: In 2025, IMM Group officially became a nonprofit enterprise and committed to contributing at least 50% of its profits each year to the Be Better Fund. By choosing IMM Group, you also help hundreds of students facing exceptional hardship gain a chance to change their lives.
If you are interested in the Grenada citizenship by investment program, contact IMM Group or leave your details below. Our experienced advisors will provide detailed guidance and help assess the prospects of your application. We are committed to keeping your personal data confidential and will use the information you provide solely to advise on your family’s application.
IMM Group
- Tags:
- Caribbean citizenship by investment
- Grenada citizenship by investment
- InterContinental Grenada Resort
- Caribbean citizenship
Was this article helpful?
