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%.
Read moreApplications, approvals, passport issuances, and investment all more than doubled and set all-time highs. US applicant approvals rose 900%.
Read more40 years have passed since countries first began selling citizenships. See our timeline of the history of citizenship by investment programs.
Read moreThe discounted bond option will remain in place for at least another year.
Read more“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.
Read moreAmerican CBI investors, particularly those with crypto-interests, are relocating to Saint Lucia in hitherto unseen numbers, says Keith Isaac.
Read moreAn email circulated among staff at the Saint Lucia CIU indicates Nestor Alfred’s tenure is coming to a close following a political shake-up.
Read moreOn 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.”
Read moreThe opposition has swept Allen Chastanet’s United Workers Party from office in a decisive electoral victory. What does it mean for the CIP?
Read moreIn 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.
Read moreThough costs associated with renegotiations drove a deficit internally in the CIU, Saint Lucia’s CIP has so far raised near US$50m in contributions.
Read moreThe drop, according to Ryan Devaux, Chairman of the CBI Board, was owed to a now-resolved impasse with the program’s international promoters.
Read moreOnce more confirming the tried-and-true IMI adage that says “nothing is so unlimited as a limited time offer on Caribbean CBI.”
Read morePM 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.
Read more“Since the start of our fiscal year – April 1st, 2020 – we have already recorded 154 applications received,” writes CIU-boss Nestor Alfred.
Read moreMore flexible age requirements for dependants, young and old, as well as the addition of newborns post-hoc are among the key changes.
Read moreSaint Lucia’s CIU-boss Nestor Alfred looks forward to a time when he can finally see the glass half-full – of Merlot.
Read moreSt. 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.
Read moreSaint Kitts & Nevis, Saint Lucia, and Cyprus become the latest citizenship by investment jurisdictions to announce adaptive measures in the face of the crisis.
Read moreBut agents question whether anyone will actually get to enjoy those elevated commissions, considering the high case volumes they would require.
Read moreAs Saint Lucia’s first CBI-approved project breaks ground, the project’s developer promises delivery in 2-3 years. There’s reason to question that estimate.
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