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GOVERNMENT HEADS EMPHASIZED THAT HARMONIZED REGIONAL STANDARDS ARE ESSENTIAL TO THE RESILIENCE OF CBI PROGRAMMES.
SOURCE: THE VOICE SLU-Prime Minister Hon. Philip J. Pierre attended the Caribbean Investment Summit 2025 (CIS2025) held in Antigua and Barbuda.
The CIS is a premier annual forum that brings together country leaders, financial experts, developers, and key stakeholders to drive forward the region’s investment climate.
This year’s summit, hosted by the Government of Antigua and Barbuda in collaboration with its Citizenship by Investment Unit, opened with a high-level panel discussion featuring the leaders of the five Caribbean countries that operate Citizenship by Investment (CBI) programmes.
Discussions centred around the theme, “Integrity & Stability in Shaping Regional Investment Migration.” The Heads of Government spoke candidly about the value of the Citizenship by
Investment Programme in the development of their respective economies.
During Prime Minister Pierre’s contribution, he referenced the establishment of Saint Lucia’s Sovereign Wealth Fund in 2024, describing it as a national savings mechanism designed to help mitigate the financial impact of climate-related events.
The Prime Minister emphasised that some of the proceeds from the Citizenship by Investment Programme will be channelled into the Fund to support climate resilience and adaptation efforts, ensuring Saint Lucia can better withstand and recover from future environmental and economic shocks.
The Heads of Government collectively emphasised that strong due diligence, transparency, and harmonised regional standards are essential to safeguarding the credibility and resilience of the Citizenship by Investment (CBI) programmes.
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Great leadership by Prime Minister Pierre. Saint Lucia is well represented.
Very disappointed that the St. Kitts PM did not attend tho
Policy harmonization is critical if the Caribbean wants to stay competitive in investment migration.
I think with the right reforms, CBI programs can continue to be a win-win for investors and citizens.
Looking forward to seeing the outcomes of this summit. The future of our economies depends on it.
Honestly, We need to move as a united front to defend our CBI programs and our sovereignty.