The Saint Lucia Citizenship by Investment Program (CIP) was introduced in 2016; it has one of the best track records in the Caribbean region. The demand for a programme like this is growing rapidly among high-net-worth individuals (HNWIs), and the recently elected government is working to improve public infrastructure and the standard of living of its citizens by using the money they collected from the programme.
Top Caribbean jurisdictions attended the 12th Edition of the IREX Residency and Citizenship Conclave at La Meridian, New Delhi. The Conclave took place for two days, from September 9 to September 10, 2022. The Caribbean countries that attended the event were there to showcase the Citizenship By Investment Programmes offered by them.
The Citizenship by Investment (CBI) programmes of Dominica, St Kitts and Nevis and Malta has secured the top positions in the pillar of Due Diligence by scoring a perfect ten in the CBI Index 2022 released by Professional Wealth Management (PWM) Magazine of Financial Times.
Investments in real estate or government-authorized funds in exchange for alternative citizenship are gaining popularity among high net worth individuals (HNWIs) around the globe. The CBI Index, published by Professional Wealth Management Magazine of Financial Times, has ranked various citizenship by investment programmes of the world to make the selection process much easier for investors looking to invest in alternative citizenship.
The government of Saint Lucia is paying a keen interest in developing advanced and modernized infrastructure to improve the quality of living for the citizens. The government is investing in redeveloping schools, healthcare centres, hospitals and housing with generating employment for the locals of Saint Lucia.
The programmes enabling investors to acquire alternative citizenship in exchange for a financial contribution to a nation’s development are growing in popularity these days. For the past ten years, these economic citizenship programmes have been preferred by investors seeking a route to plan their wealth along with diversifying their portfolios. Such programmes are also known to provide benefits that most investors are not able to find anywhere else.
The smallest country in the western hemisphere, St Kitts and Nevis, features magnificent beaches, swaying palm trees, bobbing yachts and fascinating sunsets. The visit to the twin-island nation is always an unforgettable experience because of its old plantation houses, a shoreline which diversifies from cliffs to beaches with fine white Caribbean sand and black volcanic sand, as well as the historic towns like the capital Basseterre.
The 22nd edition of the World Creole Music Festival was launched officially by the Ministry of Tourism, International Transport and Maritime Initiatives on Wednesday, August 10. During a press conference, the authorities stated that the three-day event would commence on October 28 and will end by October 30 this year.
Saint Lucia's Citizenship by Investment Programme performs parallel to the CBI Programmes in the Caribbean region launched in 2016. The newly elected Government is utilizing the funds to develop advanced and modernized infrastructure to uplift the people's quality and standards of living.