Industry News

Saint Lucia streamlines its Citizenship by Investment Program

Saint Lucia streamlines its Citizenship by Investment Program

Following the recent parliamentary elections in Saint Lucia and the change in government, the incumbent cabinet has appointed a new Board of Directors to the Citizenship by Investment Program. The new board is chaired by Mr. Ryan Devaux, who is also the CEO of Bank of Saint Lucia International. Mr. Lucius Lake has been appointed as Inspector, and is joined by Mrs. Brender Portland-Reynolds, Mrs. Beryl George and Mrs. Esther Greene-Ernest.

In addition, the government of Saint Lucia has issued a memorandum stating that the government bond investment option within its Citizenship by Investment Program has been suspended until further notice. The reason outlined is that the central bank does not currently have such bonds available for issuance. For those investors that have chosen the government bond option, the Citizenship by Investment Unit (CIU) will be able to process their applications, if they were filed until August 8th, 2016. Otherwise, investors are advised to choose between a donation in the Saint Lucia National Economic Fund or in a pre-approved real estate project.


Saint Lucia Introduces Competitive Investment Option at US$100,000

Saint Lucia Introduces Competitive Investment Option at US$100,000

2024-02-06
2024-02-06

Saint Lucia Introduces Competitive Investment Option at US$100,000

Effective February 5th, 2024, Saint Lucia’s Citizenship by Investment Program has expanded its Enterprise

Industry News, St. Lucia
What’s Happening in the Caribbean?

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2023-09-14
2023-09-14

What’s Happening in the Caribbean?

In the early 1980s, a time when borders were becoming less rigid, capital and

Antigua & Barbuda, Dominica, Grenada, Industry News, St. Kitts & Nevis, St. Lucia
Competition in the Caribbean: Saint Lucia Revamps its CIP

Competition in the Caribbean: Saint Lucia Revamps its CIP

2023-01-24
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Competition in the Caribbean: Saint Lucia Revamps its CIP

Effective January 1st, 2023, amendments to the CIP include a US$100,000 reduction in the

Industry News, St. Lucia
Saint Lucia – The Jewel of the Caribbean

Saint Lucia – The Jewel of the Caribbean

2022-12-08
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Saint Lucia – The Jewel of the Caribbean

Feel the soft water-soaked sand on your feet, shimmering under the golden afternoon sun.

St. Lucia