SAINT LUCIA REPOSITIONING CITIZENSHIP BY INVESTMENT PROGRAMME UNDER NEW SLOGAN

KUALA LUMPUR, July 15 (Bernama) -- The Saint Lucia Citizenship by Investment Programme Unit, a statutory body of the government is marketing and repositioning the programme under a new slogan called “Beyond the Passport”.

The Citizenship by Investment Programme (CIP) of Saint Lucia is one of the youngest economic citizenship programmes in the Caribbean, according to a statement from CS Global Partners.

The head of the CIP Unit, Mc Claude Emmanuel said the unit is making the programme more effective for locals as well as for investors.

He noted that the funds generated by the CIP of Saint Lucia are used for the development of the country, and the impact must benefit every Saint Lucian.

“Funds generated by the CIP are important for Saint Lucia. The government generates revenue from the donation offered through the programme, which is then spent on different development projects island-wide. The revenue benefits social sectors, such as schools, healthcare, roads and housing,” said Mc Claude Emmanuel.

The government has set up a dedicated Citizenship by Investment Board that oversees all the operations and assists investors while facilitating unmatched benefits for the country and its people.

Saint Lucia has been moving ahead with plans to position itself as a notable alternative to global investors in the investment mobility industry.

An investor can apply for alternative citizenship of Saint Lucia through the National Economic Fund Investment, most commonly known as the Fund Option under which the investors contribute to the country's socio-economic development.

-- BERNAMA