Saint Lucia’s House of Assembly and Senate have passed a ‘Citizenship by Investment’ bill which the government hopes will attract foreign investment into the country. Caribbean governments are facing serious challenges attracting investment in their countries,amid dwindling traditional means of financing for development projects. They are now looking to non-traditional means of keeping their economies afloat […]
Saint Lucia Economic Citizenship Investment Programme
The Cabinet of Ministers recently considered a Report on the feasibility of establishing a Global Residence and Citizenship Programme undertaken by a Committee established in August of last year for this purpose. The Committee was requested “to consider the question of broadening the framework under which citizenship [of St Lucia] might be offered as a […]
Cabinet has appointed a task force to determine whether Saint Lucia, should establish an Economic Citizenship Programme. In the 2014 Throne Speech, Her Excellency, Dame Pearlette Louisy, Governor General of Saint Lucia announced that Government would begin to examine the question whether Saint Lucia should establish an Economic Citizenship Programme as a new area of […]
Saint Lucia is one step closer to implementing a Citizenship by Investment Program (CIP). In July 2015, the Saint Lucia Parliament met to discuss and approve the relevant Bill which has now been passed on to the Senate for further deliberations. The economic citizenship program has been under consideration since August 2014, when a Task […]
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