The St.Kitts and Nevis Government has successfully passed Eastern Caribbean Citizenship by Investment Regulatory Authority (ECCIRA) Agreement Bill, 2025, in the National Assembly on Friday, October 17, 2025. with this. St.Kitts becomes the first CIP nation to pass the bill among four other EC states. Other 4 countries are yet to debate the bill in their parliaments.
The BIll establishes a single regional regulatory authority that will provide unified oversight, regulation, and enforcement across participating Eastern Caribbean States. It marks a major milestone in regional cooperation to safeguard the credibility and international reputation of the Citizenship by Investment industry.
This Bill demonstrates that we really mean business when it comes to regulating the CBI programmes throughout the OECS.”
– PM Drew
The New Regulatory Authority will be tasked to promote accountability, transparency, and due diligence across all participating jurisdictions. It will have the power to issue regulations, conduct reviews, and enforce compliance through a full range of mechanisms. The legislation also introduces offences and penalties for breaches, including administrative fines, licence revocations, and criminal referrals for serious misconduct. Transitional provisions ensure a smooth and effective commencement of the Authority’s functions.
The Bill introduces major reforms aim to modernise and fortify the Saint Kitts and Nevis CBI Programme through regional cooperation, strengthened governance, and enhanced due diligence—ensuring that the Programme remains credible, competitive, and trusted globally.
