“We Didn’t Have Much of a Choice”: St. Lucia CIU Boss on Suspension of Russian CIP Applicants
“We, fundamentally, have no issue accepting Russians,” says Saint Lucia CIU head Mc Claude Emmanuel in an exclusive interview with IMI.
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Saint Lucia Citizenship by Investment Program Re-Opens to Iranians
The program’s due diligence partners has assured the CIU that they are once more able to conduct adequate due diligence in Iran.
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FY2021 Was Multi-Record Year for Saint Lucia CIP: Real Estate Biggest Earner, US Applicants Up 10x
Applications, approvals, passport issuances, and investment all more than doubled and set all-time highs. US applicant approvals rose 900%.
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A History of Citizenship by Investment – Infographic (May 2022 Update)
40 years have passed since countries first began selling citizenships. See our timeline of the history of citizenship by investment programs.
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Saint Lucia CIP Extends COVID-19 Relief Bond Option
The discounted bond option will remain in place for at least another year.
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New St. Lucia Govt. Aims to Take Direct Control of CBI-Fund: Can’t Let It “Be Turned Into a Slush Fund” Says Chastanet
“We cannot sit by and allow CIP to be turned into a slush fund at the whims and fancies of the Cabinet,” said MP Allen Chastanet.
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“Massive Uptick” in American CBI Investors Physically Relocating to Saint Lucia
American CBI investors, particularly those with crypto-interests, are relocating to Saint Lucia in hitherto unseen numbers, says Keith Isaac.
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New Government Ousting Nestor Alfred from Saint Lucia CIU
An email circulated among staff at the Saint Lucia CIU indicates Nestor Alfred’s tenure is coming to a close following a political shake-up.
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Podcast: Nestor Alfred of the Saint Lucia CIU – “Our Best Year Ever”
On whether he worries for the future of the program under the new government: “At this stage, I don’t have that kind of fear, no.”
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Saint Lucia Elects New Government: What Does it Mean for the Citizenship by Investment Program?
The opposition has swept Allen Chastanet’s United Workers Party from office in a decisive electoral victory. What does it mean for the CIP?
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From Laggard to Best-in-Class in Two Years: The Saint Lucia CIU’s Remarkable Comeback
In our annual survey, industry executives identified the Saint Lucia CIU as the most efficient processing unit last year. CIU-boss Nestor Alfred shares details of the turnaround operation in this interview.
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Renegotiation of Marketing Agent Agreement Took Toll on Saint Lucia CIU Finances in FY2019-20
Though costs associated with renegotiations drove a deficit internally in the CIU, Saint Lucia’s CIP has so far raised near US$50m in contributions.
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Saint Lucia CIP Approvals Drop by 32% in FY2019-20
The drop, according to Ryan Devaux, Chairman of the CBI Board, was owed to a now-resolved impasse with the program’s international promoters.
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Saint Lucia CIP Extends Limited Time Offer on COVID-Relief Bond Option
Once more confirming the tried-and-true IMI adage that says “nothing is so unlimited as a limited time offer on Caribbean CBI.”
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PM Chastanet: None of The CBI “Naysayer” Scare-Scenarios Have Come to Pass
PM Chastanet says Saint Lucia for many years held the same position on CBI as PM Gonsalves and points out that CBI “naysayer” scare-scenarios have not come to pass.
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Nestor Alfred: How We Attract Record Application Numbers During a Global Pandemic
“Since the start of our fiscal year – April 1st, 2020 – we have already recorded 154 applications received,” writes CIU-boss Nestor Alfred.
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Saint Lucia Expands Definition of Qualifying Dependants
More flexible age requirements for dependants, young and old, as well as the addition of newborns post-hoc are among the key changes.
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10 on the Weekend – Nestor Alfred: CIP Harmonization Still a Priority
Saint Lucia’s CIU-boss Nestor Alfred looks forward to a time when he can finally see the glass half-full – of Merlot.
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Saint Lucia Introduces Half-Price COVID-Relief Bond, Slew of Other Discounts
St. Lucia becomes the first CIP-jurisdiction to offer a major price reduction in response to the pandemic with the introduction of the COVID-19 Relief Bond.
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Cyprus Govt. Calls For Fast-Track Processing, St Kitts, St Lucia CIPs Go Fully Digital
Saint Kitts & Nevis, Saint Lucia, and Cyprus become the latest citizenship by investment jurisdictions to announce adaptive measures in the face of the crisis.
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