The Prime Ministers of Antigua & Barbuda, the Commonwealth of Dominica, Grenada, and Saint Kitts & Nevis have signed a memorandum of understanding (MoU) to enhance the integrity and value of their citizenship by investment (CBI) programs. This collaborative effort establishes a framework for cooperation and information exchange, focusing on implementing best practices within their CBI schemes. Key highlights of the MoU include increasing the minimum investment threshold to USD 200,000 by June 30, 2024, enhancing transparency through information sharing, adopting international standards for regulation, and implementing common protocols for security checks and due diligence. This historic milestone aims to strengthen the Caribbean CBI sector and the broader investment migration industry by fostering cooperation and enhancing investor confidence in the region.