Dominica’s Prime Minister Roosevelt Skerrit is expected to attend the 2026 Globevisa Global Citizen Conference in Hong Kong on October 26, 2026, against a backdrop of tighter compliance rules for Caribbean citizenship by investment programs.
The event is framed around investment migration, legal advisory, family office, and wealth management professionals. The article presents Skerrit’s attendance as part of a wider effort to give industry participants more direct access to official policy direction on Dominica’s citizenship by investment program.
Caribbean CBI compliance reforms
In 2024, four Caribbean countries operating citizenship by investment programs signed a Memorandum of Agreement.
The agreement focused on:
- Raising investment thresholds
- Standardizing due diligence processes
- Sharing applicant information
- Aligning programs more closely with international Anti-Money Laundering standards
Dominica’s later policy adjustments are described as an application of that agreement.
The article says these reforms are intended to increase transparency, improve long-term program governance, and bring regional CBI operations closer to global AML expectations.
Dominica’s CBI policy changes
Dominica has introduced several compliance-focused changes to its citizenship by investment program.
These include revised rules for dependents, requiring stricter review of family structure and financial dependency when assessing accompanying family members.
Mandatory online interviews have also been introduced for main applicants and eligible dependents. Service providers are expected to conduct more detailed background checks and interview preparation before submission.
Investment requirements were increased in 2024. The article links the increase to alignment with Anti-Money Laundering and Countering the Financing of Terrorism standards, and says additional funds are intended to support the national regulatory framework and official due diligence systems.
Impact on licensed firms
The article says the reforms raise operational standards for consultancies handling CBI applications.
Firms are expected to use stronger internal risk management, independent compliance review, and strict pre-submission checks to meet official due diligence expectations.
Dominica has also introduced stricter industry regulations, including the Commonwealth of Dominica Citizenship by Investment Regulations 2024.
According to the article, only an Authorized Agent or Licensed Promoter that has passed official due diligence and obtained legal permission may legally market the Dominica CBI program globally.
Unauthorized operations by unlicensed entities may lead to application rejections and expose companies to legal liability.
Practical implications
The main practical change for applicants and advisers is that Dominica’s CBI program is being presented as more compliance-driven than before.
Applicants should expect closer review of dependent eligibility, mandatory interviews, higher investment thresholds, and stricter scrutiny of the firms handling applications.
For advisers, the article points to a shift away from informal or fragmented service models and toward licensed practice, official verification channels, and cross-border compliance standards.
Source article: www.imidaily.com
