In an email circulated to all staff members at the Saint Lucia Citizenship by Investment Unit (CIU), the Unit’s Corporate Secretary informs her colleagues that Nestor Alfred will be going on leave.
Please be advised that at the behest of the Citizenship by Investment Board, the CEO has proceeded on four (4) weeks leave effective today until 29th October, 2021.
The CEO shall return to work on Monday the 1st of November, 2021, unless otherwise informed.
During the aforementioned leave period of the CEO, please direct work matters ordinarily referred to the CEO to the attention of Christopher Paul, the Head of Operations.
When contacted by IMI for a statement, Mr. Alfred indicated he did not wish to comment on the matter for the moment.
Alfred has served as CEO of the Saint Lucia CIU since 2017, a period during which he oversaw a sharp improvement in processing efficiency. Alfred also recently made a guest appearance on our podcast, the Mobility Standard.
In July, Saint Lucia’s general elections saw the reins of government change hands from the United Workers Party to the Saint Lucia Labour Party, which had indicated it would reform the program. So far, no such reforms have surfaced. The replacement of the Unit’s CEO, which now looks to be in the cards, would mark the first major shake-up of the program since the election.
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 14 years in the United States, China, and Spain.