Saint Vincent Is Planning a New Citizenship by Investment Program

Saint Vincent and the Grenadines is preparing to launch its first Citizenship by Investment (CBI) Program following the New Democratic Party’s election victory last month.

Deputy Prime Minister Major St. Clair Leacock confirmed that the government is moving forward with a formal framework for the initiative, calling it a key part of national development and job creation.

Multi-Agency Administration and Regional Standards

Leacock said multiple government bodies will share responsibility for the program’s operation, including the Attorney General’s Office.

He emphasized that Saint Vincent intends to follow regional best practices, referencing Grenada’s reforms and the Caribbean Memorandum of Agreement that sets common principles for investment levels and due-diligence standards across Dominica, Saint Kitts and Nevis, Saint Lucia, Antigua and Barbuda, and Grenada.

Implementation Framework and Regional Context

Saint Vincent and the Grenadines remains the only independent OECS country without an active CBI program.

Officials have yet to confirm the investment amount or contribution categories, though they are expected to align with the regional benchmark of $200,000.

The government will release detailed guidelines once the legislative and administrative procedures are complete, with initial operations to be coordinated by the Ministry of National Security and supporting agencies.