Due Diligence in the Investment Migration Industry

Authorised Agents

In the Caribbean, CBI regulations requires all applications to be directed through an Authorised Agent, a person or entity licensed by the government to act on applicants’ behalf when they apply for citizenship by investment. These agents are monitored and listed on the official website of the relevant Citizenship by Investment Unit. They are specialised experts who have the skills and experience needed to assist applicants through the application process and help prepare and submit applicant’s files and documents to the Unit.

Citizenship by Investment Unit

Internal checks are conducted by the Unit staff, who have expertise in document review, anti-money laundering, and counter-terrorism financing. They make sure all documents adhere to the Unit’s requirements and perform open-source checks on all applicants and dependants.

Independent Due Diligence Firms

Caribbean CBI nations mandate independent, qualified due diligence firms to conduct further checks on applicants. These firms perform on-the-ground checks to verify information provided in the forms and supporting documents, check sanction lists, and produce a report on the applicants’ identity, source of funds and political exposure, which is then handed to the Unit.

Law Enforcement and Intelligence Agencies

The Joint Regional Communications Centre (JRCC) arm of the CARICOM Agency for Crime and Security provides an additional layer of security that is unique to the Caribbean. Applications forwarded to the JRCC are cross-referenced with watchlist databases, Interpol, and partners governments, including Canada, the UK, and the US.