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caribbean , cbi , cip , citizenship-by-investment , mcnamara , policy-updates , saint-lucia , sponsored-feature

Saint Lucia Expands Definition of Qualifying Dependants

June 23, 2020

McNamara Citizenship ServicesSponsor   The Government of Saint Lucia, in its continued effort to revitalize the Citizenship by Investment Program, has made some important changes to the existing legislation through the Citizenship by Investment (Amendment) Act No.4 of 2020. The changes make the program competitive with its Caribbean counterparts...

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caribbean , cip , citizenship-by-investment , ciu , club , interview , nestor-alfred , saint-lucia , ten-on-the-weekend , totw

10 on the Weekend – Nestor Alfred: CIP Harmonization Still a Priority

May 23, 2020

Ten On The Weekend is a weekly feature on IMI, the concept of which is simple: Each weekend, we ask the same ten questions to a different industry figure, letting readers get to know the interviewee on a more personal and informal level than they might in an ordinary business...

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caribbean , cbi , chastanet , cip , citizenship-by-investment , club , mcnamara , policy-updates , saint-lucia

Saint Lucia Introduces Half-Price COVID-Relief Bond, Slew of Other Discounts

May 13, 2020

Christian NesheimEditor   Prime Minister Chastanet of Saint Lucia, together with Nestor Alfred, the head of the CIU, announced several significant changes to the country’s citizenship by investment program, during an Arton Capital webinar today, including a halving of the investment required to qualify for citizenship through bond acquisitions....

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caribbean , cbi , cip , citizenship-by-investment , ciu , club , coronavirus , cyprus , europe , policy-updates , saint-kitts-and-nevis , saint-lucia

Cyprus Govt. Calls For Fast-Track Processing, St Kitts, St Lucia CIPs Go Fully Digital

March 31, 2020

Christian NesheimEditor   In the latest round of Corona-responses, the CIPs of Saint Kitts & Nevis and Saint Lucia announce they are also moving their processing entirely online, while the Cypriot government aims to speed up CIP application handling. In a measure brought to our attention by Astons, and...

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caribbean , cbi , cip , citizenship-by-investment , club , galaxy , real-estate , saint-lucia

Saint Lucia’s First CIP-Project Breaks Ground, Galaxy Developers Promise Opening in “2-3 Years”

January 21, 2020

Christian NesheimEditor   Representatives of government and Galaxy Developers gathered in Saint Lucia last week for the official groundbreaking ceremony of the Canelles Resort, the island’s first CIP-approved project. The developer indicates completion within “two to three years”. Mr. Jiang Tang, Vice President of Galaxy Group, told attendees he...

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caribbean , cbi , chastanet , cip , citizenship-by-investment , club , non-dom , saint-lucia , tax-residency

Saint Lucia PM Confirms Non-Dom Tax Residency Program Going Ahead

November 20, 2019

Christian NesheimEditor   “We believe in CIP, we think it’s a great option, but we don’t ever want to become dependent on CIP,” emphasized Prime Minister Allen Chastanet of Saint Lucia during a speech at the Global Citizenship Conference in London last week. He stressed the importance of avoiding...

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caribbean , cbi , cip , citizenship-by-investment , ciu , club , data , intel-data , nestor-alfred , saint-lucia , statistics

Revenues More Than Double for Saint Lucia CIP in 2018-19, But Approval Volume Remains Stable

November 14, 2019

Christian NesheimEditor   The Saint Lucia Citizenship by Investment Program – the Caribbean’s youngest – raised some EC$62 million in the 2018-19 reporting year, more than double the EC$28 million it garnered the year before. In all, the Saint Lucia Citizenship by Investment Unit (CIU) approved 210 applications, 22...

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caribbean , cbi , cip , citizenship-by-investment , ciu , dependents , policy-updates , saint-lucia

Saint Lucia CIU Publishes Prices For “Add-On” Dependents

May 14, 2019

Christian NesheimEditor   When Saint Lucia’s CIU last week announced it would begin to accept the inclusion of dependents in already approved citizenship by investment applications for a period of up to five years following the CIP-approval, investment migration advisories welcomed the news but asked: “at what cost?”. Read...

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