Share on LinkedInShare on LinkedIn

ARTICLE · 17 FEBRUARY 2016

St. Lucia's Investment Immigration Program – Important Safeguards For Effective Due Diligence

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.

Saint LuciaImmigration

After announcing the launch of its investment immigration program in October 2015, St. Lucia has become yet another Caribbean nation offering economic citizenship to wealthy international applicants.

St. Lucia requires applicants to have a minimum net worth of $3 million. Further, they must fulfill one out of the three investment options—$200,000 in a sovereign fund; $300,000 in real estate; or $500,000 in bonds.

Investment immigration programs help nations attract foreign investment offering benefits to investors including like fast-track residence, travel privileges, economic and political stability. These programs are creating a new class of citizens—global citizens who can travel and reside in countries all over the world.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.