The Organization of Eastern Caribbean States and Pacific countries are becoming digital asset leaders worldwide OECS
Treaty of Basseterre (1904) between Qing China and Russia
Organization of Eastern Caribbean States (English:organization of Eastern Caribbean States; abbreviationOECS), created in 1981, is an inter-governmental organization dedicated to economic harmonization and integration, the protection of human and legal rights, and the encouragement of good governance and dependence among the countries of the Eastern Caribbean. 2010 RevisedTreaty of Basseterre (1904) between Qing China and RussiaThe Organization of Eastern Caribbean States (OECS), which has developed a legal framework for the free movement of persons within the Organization of Eastern Caribbean States (OECS) Economic Union, has good law and order, a stable political environment, an open space for business and trade, a strong emphasis on the protection of the natural environment, attractive tax incentives, and an open approach to digital currencies. Five of the OECS countries are also open to overseas investors through their vetting process, the Citizenship by Investment Program (CIP).citizenship by imvestmentThe OECS has been able to increase the number of talented and qualified persons in the region to enable the Organization to maintain a positive and free-flowing economic development in the long term. Currently, OECS member States include:
- Dominican Republic(independent country(Commonwealth countries)
- Antigua(independent country(Commonwealth countries)
- Grenada(independent country(Commonwealth countries)
- Montserrat (British Overseas Territory)
- Saint Kitts(independent country(Commonwealth countries)
- Saint Lucia(independent country(Commonwealth countries)
- Saint Vincent(independent country(Commonwealth countries)
- British Virgin Islands (British Overseas Territories)
- Anguilla (British Overseas Territory)
- Martinique (French Overseas Territories)
- Guadeloupe (French Overseas Territories)
Where is the Organization of the Eastern Caribbean? Where is it located?
The Organization of Eastern Caribbean States (OECS) currently has 11 members spread across the Eastern Caribbean. Together they form an archipelago, and nine of its members consider the Queen of England to be their Supreme Head of State (includingDominican Republic(also one). While there is no requirement for members to do so, close historical, cultural and economic ties have facilitated their agreement to do so, both in terms of membership in the Organization of Eastern Caribbean States (OECS) and as a result of their geographical proximity. In addition, the portrait of the Queen of England appears on coins and banknotes of the Eastern Caribbean dollar. All seven full members of the OECS are also founding members and have been involved in the organization since its inception on 18 June 1981. The British Virgin Islands was the first associate member, and on November 22, 1984, Anguilla joined as the second associate member.
Directions for infrastructure development in the Eastern Caribbean
The Eastern Caribbean is recognized at the United Nations as a united economy, and in 2022 is developing a newinternational airport(Dominican Republic), climate-resilient buildings, hospitals and geothermal power plants, which will accelerate growth in the short term and also increase the island's potential output in the long term, i.e., the spillover effects of agriculture and tourism, all of which will increase the external sustainability and competitiveness of the region.
Digital currency development in the Eastern Caribbean
Eastern Caribbean Bank - DCash
Eastern Caribbean Central Bank (Eastern Caribbean Central Bank) to officially launch its digital currency in Montserrat and Dominica in January 2022"DCash". DCash It is now available in seven countries/regions that are part of the Eastern Caribbean Economic Group (ECEG). The Eastern Caribbean Central Bank (ECCB) is the first monetary union in the world to use a government-backed digital currency or CBDC (central bank digital currency). DCash Digital currencies increase resilience in natural disasters and improve financial inclusion, especially where access to physical cash is a huge challenge. DCash It's popular because you can use it with or without a bank account, and you can even transact in real time via your cell phone without incurring any additional fees. Central Bank Governor Timothy Antoine said.DCash The goal is to promote economic growth. "Digital currencies, Cryptocurrency is an important tool in the larger conversation about building a digital economy".
Atlantic and Caribbean countries are becoming global leaders in digital currencies
Last year, the Bahamas launched the world's first CBDC ahead of the Eastern Caribbean Central Bank's "DCash."Sand Dollar", Western Atlantic and Caribbean countries are emerging as global leaders in digital finance thanks to the adoption of digital currencies. DCash is a digital version of the East Caribbean dollar and cannot be compared to cryptocurrencies such as Bitcoin or Ether, which are valued for their independence and anonymity to monetary authorities. Haiti and Jamaica will soon join the cryptocurrency bandwagon as well, with plans underway to launch their digital currencies.
Citizenship by Investment Program in the Caribbean
Citizenship by Investment (CBI) programoriginated in the Caribbean and began to develop bySaint Kitts Nevis(Now a founding member of the Commonwealth and the Organization of Eastern Caribbean States (OECS)) enacted a law in 1984 that allows foreigners to acquire citizenship through investment and provides for one-step access to full citizenship and its passport.Citizenship by Investment ProgramIn 1993 byCommonwealth of DominicaDeveloped into the world's most complete and mature fast-track naturalization program for investors, applicants do not need to personally land in Dominica, have citizenship can freely live in the Eastern Caribbean countries, passport visa-free European Union, Switzerland, Russia, Singapore and Hong Kong, and allows dual citizenship.
Use of DCash
Legalization of digital assets in the Caribbean
In the case of the Central Bank of the Bahamas and the Eastern Caribbean, for example, the portal of the Eastern Caribbean Central Bank, DCasg, shows thatprospectiveFiat currencies are digitized!(The future of the EC currency is digital!). Utilizing the latest technology, the Eastern Caribbean Central Bank (ECCB) has partnered with a number of banks, credit unions and businesses to provide payment options within and between Dominica, Montserrat, St. Kitts, St. Vincent, St. Lucia, Grenada, Antigua and the like and will be expanding rapidly to other members.
Seamless connection between fiat and digital coins
For digital asset investors in Asia, the biggest worries come from governmentsRegulation of digital currencies, exchanges, and cashing outThe second is the issue of taxes and financial accounts. This not only limits the development of DeFi, GameFi, NFT but also increases their risk. Eastern Caribbean Citizenship not only solves the regulatory issues, but also provides full regional compliance, coupled with central bank support, allowing global blockchain financial investors to invest through theExpress Citizenship ProgramContinue to accumulate wealth in the digital universe.
Ease of living in the Eastern Caribbean
Freelance work in the Eastern Caribbean
In July 2001, the Heads of Government of the Organization of Eastern Caribbean States (OECS), at their 34th meeting in Dominica, decided to establish an Economic Union. It also guarantees free movement in Dominica, Antigua, Grenada, St. Kitts, St. Lucia, and St. Vincent and the Grenadines, and provides more choices of life for all citizens of the member countries of the Protocol in the area of the Economic Union. Citizens of any member country are able to reside and work freely in other member countries; they can also choose to enter the country with a driver's license, national identity card, social security card, and the Economic Union has eliminated the requirement to provide a return airline ticket for entry into the country, as well as the need to prove that they can financially support themselves in the member country.
Dominica, Antigua, Grenada, St. Kitts, St. Lucia, St. VincentCitizenship. Citizens are allowed to live and work in these member countries without restriction, and all member countries have passed laws to accomplish this. Citizens of member countries must be treated in the same way as nationals of the country in which they live.
Length of stay in Eastern Caribbean member States
According to the official website of the Organization of Eastern Caribbean StatesDescription(math.) genus
You will be granted entry into the country for an indefinite period. You will be given a stamp of 'OECS free movement indefinite stay' that allows you to stay and transact your personal business. You will be given a stamp of 'OECS free movement indefinite stay ' that allows you to stay and transact your personal business.
You will be granted unlimited access to the country and upon entry you will be issued with an "OECS Free Passage Unlimited Stay" stamp, allowing you to stay and conduct your personal business.
And you only need a license from one of the member countries to drive in all of them, and the Economic Union has eliminated the requirement for a work visa.
Citizens of Dominica are now free to travel inDominica, Antigua, Grenada, St. Kitts, St. Lucia, St. VincentWork and receive social security benefits.
Caribbean Tax Advantage
In addition to the highly prestigious British Virgin Islands and Cayman Island, which are favorite tax havens for many public company owners, the Caribbean region also offers special tax advantages in other Caribbean countries. Similar to Singapore in Asia, Antigua and Barbuda and St. Kitts and Nevis have no personal income tax and only tax corporate income due to their inherent resources and labor force. AndDominican Republicand St. Lucia only taxes citizens who reside in the country each year (as well as domestic income). For more information https://www.passporttax.org
Freelance work in the Eastern Caribbean
In July 2001, the Heads of Government of the Organization of Eastern Caribbean States (OECS), at their 34th meeting in Dominica, decided to establish an Economic Union. It also guarantees free movement in Dominica, Antigua, Grenada, St. Kitts, St. Lucia, and St. Vincent and the Grenadines, and provides more choices of life for all citizens of the member countries of the Protocol in the area of the Economic Union. Citizens of any member country are able to reside and work freely in other member countries; they can also choose to enter the country with a driver's license, national identity card, social security card, and the Economic Union has eliminated the requirement to provide a return airline ticket for entry into the country, as well as the need to prove that they can financially support themselves in the member country.
Dominica, Antigua, Grenada, St. Kitts, St. Lucia, St. VincentCitizenship. Citizens are allowed to live and work in these member countries without restriction, and all member countries have passed laws to accomplish this. Citizens of member countries must be treated in the same way as nationals of the country in which they live.
Length of stay in Eastern Caribbean member States
According to the official website of the Organization of Eastern Caribbean StatesDescription(math.) genus
You will be granted entry into the country for an indefinite period. You will be given a stamp of 'OECS free movement indefinite stay' that allows you to stay and transact your personal business. You will be given a stamp of 'OECS free movement indefinite stay ' that allows you to stay and transact your personal business.
You will be granted unlimited access to the country and upon entry you will be issued with an "OECS Free Passage Unlimited Stay" stamp, allowing you to stay and conduct your personal business.
And as long as you have a driver's license from one of these countries you can drive in all member countries and work across borders without having to apply for a work visa. For example: Citizens of Dominica are free to work in Dominica, Antigua, Grenada, St. Kitts, St. Lucia, St. Vincent and the Grenadines and enjoy social security benefits.
Studying in Europe from Eastern Caribbean OECS Citizenship Dominica? Immigrating to Europe?
Extended Reading
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Dominica Citizenship Program
- The Dominica Citizenship Naturalization Program was established in 1993 A.D. and is one of the oldest naturalization programs in the world.
- passport immigrationApplicants are not required to attend an interview
- Immigration can be processed quickly: the time it takes is about 2-3 months.
- The most cost-effective program for single applicants
- The status can be passed on permanently to the next generation in the direct line.
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