Citizenship by Investment Program in St Lucia Caribbean

Saint Lucia to Launch Citizenship by Investment Program

 
The Countries new Citizenship by Investment bill was approved by the country's senate in early August.
 
St. Lucia Minister for Legal Affairs, Home Affairs and National Security Victor Phillip La Corbiniere said the bill would “boost Saint Lucia’s economy.”

If launched, it would make St Lucia the newest Caribbean country to offer Citizenship by Investment, along with countries; St Kitts and Nevis, Antigua and Barbuda and Dominica.

“We know that the Citizenship by Investment program has the potential to generate significant sums of money, and it is important particularly at this time—in terms of the economic realities of the world and economic realities of Saint Lucia—to look at various modalities such as this to raise the requisite revenue,” La Corbiniere said.

While an Economic Citizenship program has been under consideration in St. Lucia for the last year, no details have been released regarding requirements, investment amounts and so on.

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