Nationality Criteria
In relation to a number of issues such as professional services, residency and land ownership, legislation in the various member states used to discriminate in favour of their individual nationals. This legislation has been amended, as of 2005, to remove the discriminatory provisions. This will allow CARICOM nationals, for example, to be eligible for registration in their respective professions on an equal basis.
However, shortly before signing onto the CSM, the second batch of member states (all in the OECS) negotiated an opt-out agreement with regards to land ownership by non-nationals. As the OECS members of the CSM are all small countries and have limited available land, they are allowed to keep their Alien Land Holding Laws or Alien Landholders Acts (which apply to the ownership of land by non-nationals), but will put in place mechanisms to ensure compliance with the Revised Treaty that will monitor the granting of access to land and the conditions of such access. As it now stands foreign companies or nationals have to seek legal permission to buy land. All other laws relating to discrimination in favour of member state nationals only have been amended though. Among the non-OECS members of the CSM, there are no restrictions on private land ownership by CARICOM nationals (although in Suriname, and possibly in the other members as well, restrictions still apply with regards to state-owned land).
(Main Source; JIS website on the CSME - see references)
Read more about this topic: CARICOM Single Market And Economy
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