The Citizenship by Investment Programmes Association (CIPA) was established by the five Caribbean nations in 2015Â Â to forge closer cooperation and coordination among CIU’s.
CIPA is a regional body made up of the CIU-heads of the Caribbean’s five citizenship by investment programs
The Association was established to drive up and maintain standards within the industry and to establish a stronger regulatory framework with the mission of becoming more effective and competitive on the global market. It comprises five founding member countries:
- St. Kitts and Nevis,
- Antigua and Barbuda,
- Grenada,
- St. Lucia and
- Commonwealth of Dominica.
Its mandate is to determine best practices in the area of investor immigration and to help implement them across all participating Caribbean jurisdictions.
CIPA also aims to standardise due diligence processes, and to create a strong regulatory framework including sharing of information to ensure the industry’s integrity and competitiveness.
Every year a new chairman is appointed for one year term
Dr. Nestor Alfred who currently serves as CEO of St Lucia citizenship by investment unit (CIU), currently the new chairman of CIPA in 2019.
Mr. Les Khan, CIU Head of St Kitts, served as chairman of CIPA in 2018
CIPA will participate in Caribbean investment summit 2019 (CIS) which is held in St Kitts between Jun 19-21 to facilitate knowledge transfer regarding industry best practices, critical trends, and business insights.
