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St Lucia rebrands its passport offer

Regional 15 Jul, 2022 Follow News

St Lucia rebrands its passport offer

Saint Lucia’s citizenship by investment programme (CBI) is one of the youngest of its kind in the Caribbean so the government has set up a dedicated Citizenship by Investment Board that assists investors and ensures everyone living on the island fully benefits.

The Saint Lucia Citizenship by Investment Programme Unit is marketing the programme under a new slogan ‘Beyond the Passport’.

The Head of the Citizenship by Investment Programme Unit, Mc Claude Emmanuel said: "Funds generated by the CIP are important for Saint Lucia. The government generates revenue from the donation offered through the programme, which is then spent on different development projects island wide. The revenue benefits social sectors, such as schools, healthcare, roads and housing.”

Saint Lucia’s CBI programme is the latest in the Caribbean region and is on par with some of the region’s best. Launched in 2016, Saint Lucia has performed exceptionally well in the 2021 CBI Index, published by the PWM Magazine of Financial Times. It came out top in three pillars of excellence; minimum investment outlay, mandatory travel or residence and ease of processing.

As the world is dealing with uncertainty, entrepreneurs have been looking for stable, safe and peaceful destinations to move to or start their businesses. Economic citizenship is the right choice for them.

An investor can apply for alternative citizenship of Saint Lucia through the National Economic Fund Investment, the Fund Option, under which the investors contribute to the country's socio-economic development. The minimum investment under this option is US$100,000.

The programme is backed by a robust and vigorous due diligence check process, one of the most transparent in the industry, giving investors and partners access to information on how funds are used.

Citizenship by Investment Programme of Saint Lucia:

Makes the investor a global citizen.

Assists the applicant in portfolio diversification and wealth planning.

Helps in expanding business overseas.

Provides citizenship for life, which can be passed on to future generations.

Gives an opportunity to spend the rest of their life in a peaceful and safe environment.

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