Chastanet says the PM must consider if St Lucia’s infrastructure option was “deliberately designed to emulate the St Kitts prison fiasco.”
OECS confirms St Lucia’s signing of the MoA and commits to the June 30 deadline. Raises questions about legislation and upcoming procedures.
Hilaire brands MSR’s claims as “false, baseless, malicious, and scandalous” and accuses Chastanet of creating the CIP “Wild West.”
Emmanuel says he never implied any wrongdoing on DPM Hilaire’s part and that Martinez showed him no evidence to substantiate the RICO claims.
“A lot of people are coming to see us in Washington DC because they’re scared,” says Philippe Martinez on Saint Lucian TV.
Denzil Douglas: MSR’s “allegations are baseless, malicious, and deliberate attacks intending to destroy my reputation, character, and legacy.”
Saint Lucia’s PM declares his intention to sign the MoA, and has already made recommendations of his own for its “further strengthening.”
In a statement, the government said it had “no business with Philippe Martinez” and that agreements with Galaxy stem from the former gov’t.
Allen Chastanet: “A particular developer has begun selling this option and, even more concerning, is the sub-par selling price of US$80,000.”
50-60% of St Kitts govt. revenue from CBI. St Lucia had asked for more time to consider MoA, but other countries “went ahead and signed.”
The question on everyone’s mind is if other Caribbean CIPs will raise prices like Saint Kitts. IMI contacted each to get an answer.
If the CBI developer itself funds the escrow account, how does the CIU know the CBI applicant actually invested the full amount?
The Caribbean Citizenship by Investment Industry is gathering in Saint Lucia next month. Join us at Beyond the Passport 2023!
The blog (which listed no author and provided no evidence) claimed a former CIU head and the developer he now works for defrauded investors.
The Saint Lucia CIP’s annual report shows the program is setting new records on all fronts – but regressing slightly on transparency.
Saint Lucia’s CIU is the third in the region this year to issue a reminder that the minimum investment amount for real estate is absolute.
St. Lucia’s CIU gives Bluemina the designation of Government Marketing Agent. The firm marks the occasion by adding a stripe to its logo.
Iranians now rejoin North Koreans in having the most banned nationality for citizenship by investment purposes.
The Saint Lucia Citizenship by Investment Program’s new bond option is exceptionally cost-effective for larger families, writes NTL Trust.
The new regulations reduce the minimum investment for real estate, introduce a new bond option, and update a number of fees.
