CIPS designees have also completed a program of study focusing on critical aspects of transnational transactions, including currency and exchange rate issues and cross-cultural relationships, regional market conditions, investment performance, tax issues and more.

CIPS is a members-only group is specifically for international practitioners of the NAR and comprises of over 2,000 real estate professionals from 50 countries.

http://www.realtor.org/designations-and-certifications/cips-designation