London, Aug. 12, 2022 (GLOBE NEWSWIRE) — Launched in 2016, Saint Lucia’s Citizens by Investment Program (CIP) is one of the top performers in the Caribbean region. As demand for a program like this grows among high net worth individuals (HNWI), the newly elected government is trying to use the funds brought in by the program to develop more advanced public infrastructure and raise living standards. of her people. .
Despite being the Caribbean’s newest program in the industry, Saint Lucia offers an advanced, secure and transparent program. With more foreign direct investment coming into the country through its prestigious CIP Programme, the government is preparing a roadmap to engage in building and upgrading schools, roads, health care and other public infrastructure through funds generated by the Programme. Citizenship by Investment.
After the COVID-19 pandemic devastated the world, countries realized the need for advanced and robust health infrastructure. Similarly, Saint Lucia is focusing on developing new health care centers and hospitals which will be equipped with modern equipment to help mitigate the threats of any future health disasters. The modernized health structure will ultimately uplift the country as a whole and provide quality health care at affordable costs. The Ministry of Health, Welfare and Aged Affairs recently donated a hematology analyzer and immunoassay analyzer to St. Jude Hospital. These devices will strengthen the provision of diagnostic testing in the coastal city of Vieux Fort. Funds generated by the Citizens with Investment Program (CIP) have enabled additional advanced developments in the healthcare sector.
Mc Claude Emmanuel, recently appointed Chair of the Citizenship by Investment Program Unit, outlined the collective plan of the Government of Saint Lucia and the CIP Unit to restructure the program and build a stronger Saint Lucia together. He said the nation would soon witness the construction and rehabilitation of housing, schools and hospitals to improve the country’s infrastructure.
Emmanuel also said that the administration is working tirelessly to uplift the country and doing exemplary work, paving the way forward for the sustainable development of Saint Lucia. With the government’s new vision, the dream of a great St. Lucia is slowly turning into reality.
Emmanuel’s primary focus is on strict and scrutinized due diligence procedures to ensure that only honest and trustworthy investors achieve alternative Saint Lucia citizenship. Emmanuel explained that applications from any investor are subject to strict procedures and due diligence checks with each application being checked by an independent third party international firm as well as the CIP Unit in order to check whether the investors or applicants are of the highest caliber. .
The CIP Head of Unit assured that new policies, agendas and programs are constantly being adopted to make St. Lucia’s Citizenship by Investment Program number one in the world.
Saint Lucia Citizenship by Investment Program:
The Saint Lucia Citizenship by Investment Program (CIP) is the newest citizenship by investment program in the Caribbean region. Launched in 2016, Saint Lucia’s CIP aims to place itself among the best programs in the world. It was ranked fourth in the 2021 CBI Index, published by the Financial Times PWM Magazine. The St. Lucia program secured a solid ten in three of the nine pillars of excellence. The program is seen as credible because of its transparency in providing investors with information on how their funds are being used.
Saint Lucia has been on the radar of investors as the world deals with countless uncertainties and businessmen are looking for safe, stable and peaceful destinations to expand and explore their business internationally. Investors can apply for alternative citizenship of Saint Lucia through the National Economic Fund Investments, popularly known as the Fund Option.
Investment option of the National Economic Fund: The St. Lucia Fund option supports infrastructure growth and development as well as socio-economic uplift within the country. The minimum investment using the investment option starts from 100,000 USD. An investor can also add additional dependents under a single application.
The Citizenship by Investment program offers benefits such as:
- It makes an individual a global citizen.
- Contributes to portfolio diversification and wealth planning.
- It offers lifelong citizenship, which can be passed down to future generations.
- It helps in expanding the business overseas.
- It gives the investor an opportunity to spend the rest of his life in a calm and safe environment.
Saint Lucia is an excellent choice for the investor because it is known as the largest economy of the Caribbean, thus helping an investor in expanding their business and diversifying their portfolio. An individual can thrive in business as the citizenship offers the opportunity to travel to around 75 percent of the world without problems. In addition, the CIP of Saint Lucia offers a favorable tax regime and also offers a wide range of sectors to invest.
Saint Lucia is a first island paradise. Its majestic peaks reach to the heavens with the splendor of its lush green forests and the mesmerizing blue waters of the Caribbean Sea, offering a fascinating reason to visit. It is on the bucket lists of many travel enthusiasts because of the scenery, people, customs and cuisine that combine to provide the perfect holiday setting.
The place is known for being a place that offers a quality of life in a peaceful environment. Saint Lucia has many luxury resorts and hotels as well as a variety of restaurants and is the perfect choice for people celebrating honeymoons, anniversaries, weddings and other milestone events. The chefs celebrate the country’s Creole heritage by creating stunning dishes inspired by the sea.
The history of Saint Lucia is rich and vibrant. With a mixture of cultures, its people have a deep sense of cultural identity that they celebrate vigorously to this day.
The country is also home to fun and adventure. Tourists have the chance to lounge on white sandy beaches, zipline through lush rainforests, soak in the volcanic mud baths of Soufrière, indulge in authentic island food and clubbing on the Rodney Bay strip. , or ride ATVs through the countryside. Anticipate exploring abandoned sugar plantations, snorkeling in crystal clear waters, chasing brightly colored fish in the shadow of the Pitons, or experiencing a live sea turtle hatching in the last light of dusk. St. Lucia offers an experience that will stick in one’s mind for years to come.
