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Caribbean, News feed Date: 06 February, 2024

New St Lucia Citizenship by Investment Option for 2024

New St Lucia Citizenship by Investment Option for 2024

Thursday, February 1, 2024, saw Latitude Group receive an Official Memorandum. It came from the Citizenship by Investment Unit, 5th Floor, Francis Compton Building, Waterfront, Castries, St Lucia, West Indies, LC04 301. The main thrust of this official memo introduces a new St Lucia Citizenship Investment Option for 2024.

New St Lucia Citizenship Investment Option

This Official Memorandum’s subject line is “INTRODUCTION OF NEW APPLICATION FORMS & INVESTMENT OPTION”. The new application forms development results in the number of forms reducing from 8 to 5.

In effect, the new St Lucia CBI Option is an addition to the existing Enterprise Project Investment Option. It’s titled as the “Infrastructure Option”.

The St Lucia CIU has increased the number of development projects you can invest $100,000 in as a solo applicant and $150,000 for a family of four or less. They now number the following:

  1. Specialist restaurants
  2. Cruise ports and marinas
  3. Agro-processing plants
  4. Pharmaceutical products
  5. Ports, bridges, roads, and highways (infrastructure)
  6. Research institutions and facilities
  7. Offshore universities
  8. Housing projects
  9. Social development projects
  10. Investment services

This official memo is signed by St Lucia CIU CEO, Mc Claude Emmanuel.

The View from Latitude

Christopher Willis is our Caribbean Managing Partner. He has an insider’s insight on the St Lucia CBI Programme. That stems from Latitude Group being a Marketing Agent and Global Promoter, as endorsed by St Lucia’s CIU.

“This new option makes St Lucia CBI even more appealing,” notes Willis. “By diversifying the range of available investments, the CIU widens the reach of interested investors.”

What is the new St Lucia Citizenship by Investment Option?

How to Become a St Lucia Citizen in 2024

Does this new St Lucia CBI option interest you as an investor looking for a second citizenship in the coveted Caribbean? Congratulations, you’re in the right place as Latitude Group are Caribbean citizenship specialists, with Latitude Caribbean an integral member of our Group. So, don’t delay and contact us today.

New St Lucia Citizenship by Investment Option for 2024

Date: 06 February, 2024

Posted in: Caribbean, News feed