Hilaire: How Did Galaxy Get CIP Approval in Saint Lucia After “Scandal” in Saint Kitts?
Ernest Hilaire, a prominent opposition MP in Saint Lucia, asks how Galaxy Developers got approval to be a developer under his country’s CIP considering its inability to finish the Ramada project in Saint Kitts.
Speaking to HTS Saint Lucia, Hilaire questioned the
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“You know, there’s been an ongoing scandal involving the Galaxy project in Saint Kitts, but Galaxy just agreed to start, I think, two or three hotels in Saint Lucia,” said the South Castries representative.
“In fact, if you go on the CIP-site now, the first thing you see is an advertisement for a Galaxy hotel in Saint Lucia. They cannot even finish the first phase in Saint Kitts. They’ve been given more passports (sic) to start a second phase when they cannot even finish [the first], but they’ve been awarded CIP status in Saint Lucia. Who did that? Who reviewed the application? Who did due diligence on them and decided to approve Galaxy to be a CIP developer in Saint Lucia?”
Image credit: HTS Saint Lucia
Christian Henrik Nesheim is the founder and editor of Investment Migration Insider, the #1 magazine – online or offline – for residency and citizenship by investment. He is an internationally recognized expert, speaker, documentary producer, and writer on the subject of investment migration, whose work is cited in the Economist, Bloomberg, Fortune, Forbes, Newsweek, and Business Insider. Norwegian by birth, Christian has spent the last 16 years in the United States, China, Spain, and Portugal.