The Principality of Cariati was established by His late Royal Highness Prince Vittorio Emanuele, Head of the Royal House of Savoy and son of the last King of Italy, H.M. Umberto II, in 2021, under the patronage of Princess Marie Elisabeth de Balkany, the sister of Prince Vittorio Emanuele, in favour of H.H. Michael Corey Chan.

The Order of the Crown of Cariati is one of two dynastic orders of the Prince of Cariati. In June 2024 friendly relations were established between the Prince of Cariati and the Abbey-Principality of San Luigi, and the Prince of Cariati was appointed a Knight Grand Cross of the Order of the Lion and the Black Cross by me.