Intelligence

The St Lucia Citizenship By Investment program is one of just five direct citizenship by investment programs in the Caribbean that allow foreign investors to acquire a second citizenship...

On the 13th of May, Mr Chastanet, St Lucia's Prime Minister, together with the head of the St Lucia CIU, Nestor Alfred, announced very significant changes to the St Lucia Citizenship by investment programme.

March 11, 2020 - The St. Lucia Citizenship by Investment Program enjoyed a good year in 2019 after becoming the latest to enter the highly-competitive market in the Caribbean region. The program saw a 12 percent increase in approvals along with a 120 percent jump in total investments in 2018-19 compared to the previous year.

The Caribbean island nation, St Lucia launched its citizenship by investment program five years ago, and it became fast a "well-run and internationally respected global citizenship programme."

For high net worth individuals looking for an economic citizenship solution to facilitate ease of travel, Saint Lucia's Citizenship by Investment Programme is an now open to applications.

In January 2016, St. Lucia became yet another Caribbean nation offering economic citizenship to wealthy international applicants. The country must carefully ensure mitigation of security risks and pursue a holistic due diligence strategy to help realize the benefits of a long term economic citizenship program.