A new regional regulator for citizenship by investment, headquartered in Grenada, is quietly redefining the Caribbean investment migration landscape. The Big Development: A Regional Watchdog Finds Its CapitalThe Eastern Caribbean Citizenship by Investment Regulatory Authority (ECCIRA) is the most consequential institution the region’s investment migration industry has ever created. It reinforces the country’s reputation as the place where Caribbean citizenship rules are written, not merely followed. What is ECCIRA and why is it important for Caribbean CBI investors? ECCIRA is the Eastern Caribbean Citizenship by Investment Regulatory Authority, a regional watchdog with binding powers over five CBI programs.