st.lucia

St Lucia’s Citizenship by Investment Programme Officially Opens for Business

by caribbeantradelaw

Kenny Anthony, Prime Minister of St. Lucia

Kenny Anthony, Prime Minister of St. Lucia

As of January 1st of this year, St. Lucia’s Citizenship by Investment programme is officially open and taking applications by interested investors. Late last year, Prime Minister, The Hon. Dr. Kenny Anthony formally launched the programme at the Global Citizen Forum held in Monaco. St. Lucia joins St. Kitts & Nevis, Grenada, Antigua & Barbuda and Dominica to become the fifth Caribbean State to offer a citizenship by investment programme.

A citizenship by investment  programme offers qualifying investors (as well as their spouse and dependents once they meet certain criteria) citizenship in exchange for an investment in a qualifying activity, for instance, investment in real estate, a special fund or government bonds. In a world of dwindling access to financial resources, a growing number of States internationally are currently offering some form of citizenship by investment programme as a way to raise much needed finance, including for development objectives.

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79 Comments on “St Lucia’s Citizenship by Investment Programme Officially Opens for Business”

  1. David February 3, 2016 at 5:58 PM #

    AG supports citizenship by investment

    Like

  2. Exclaimer February 3, 2016 at 7:03 PM #

    @ David,

    This story will repulse you. Citizenship for cash is a very bad idea.

    http://www.dailymail.co.uk/news/article-3430558/Female-foreign-student-dragged-car-beaten-stripped-Indian-mob-mistook-vehicle-one-earlier-ran-killed-villager.html

    Like

  3. David February 8, 2016 at 6:19 PM #

    But Mr Justice Hayden, sitting in the High Court family division in London, ruled his appointment was "an entirely artificial construct" – and marked the second time he had sought to avoid the English divorce courts.

    Saudi billionaire made ‘spurious’ diplomatic immunity bid, judge rules

    Like

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