Saint Lucia’s Citizenship by Investment Unit (CBI) has announced significant updates to its program, effective February 5th, 2024.
Introducing a New Investment Option
Saint Lucia’s introduction of the “Infrastructure Option” marks a significant addition to its Enterprise Project Investment portfolio, reflecting the nation’s commitment to ongoing development initiatives. This innovative opportunity allows investors to participate in projects to enhance the country’s infrastructure, contributing to its growth and progress.
With a minimum investment requirement of $100,000 for individuals and $150,000 for families of four, the Infrastructure Option opens doors for investors to actively engage in projects focusing on improving critical aspects of Saint Lucia’s infrastructure. These investments may include developing essential facilities such as roads, bridges, ports, and highways, as well as establishing vital services like research institutions, offshore universities, and housing projects.
By participating in the Infrastructure Option, investors contribute to the physical enhancement of Saint Lucia’s infrastructure and align themselves with initiatives that promote economic prosperity, social development, and sustainable growth. This opportunity underscores Saint Lucia’s proactive approach to fostering investment, innovation, and progress, positioning the country as a dynamic and forward-thinking destination for investors seeking impactful financial and societal advancement opportunities.
Enhanced Global Mobility
Investors under Saint Lucia’s Citizenship by Investment program enjoy extensive travel privileges, granting them seamless access to over 140 countries and territories worldwide. This includes renowned and sought-after destinations such as the vibrant metropolises of Hong Kong and Singapore, the culturally diverse nations within the Schengen Area, and the historical and picturesque landscapes of the United Kingdom. With visa-free or visa-on-arrival arrangements, investors can easily traverse borders and explore diverse cultures, conduct business ventures, or indulge in leisure activities across various destinations. This enhanced global accessibility amplifies the appeal of Saint Lucia’s citizenship program, offering investors unparalleled opportunities for travel, investment, and lifestyle enrichment on an international scale.
Approved Development Ventures
The Approved Enterprise Project initiative invites investors to contribute to various sectors vital for national progress:
- Agro-processing plants
- Cruise ports and marinas
- Housing projects
- Investment services
- Offshore universities
- Pharmaceutical product facilities
- Ports, bridges, roads, and highways enhancement
- Research institutions and facilities
- Social development initiatives
- Specialty restaurants
For detailed insights into Saint Lucia’s Citizenship by Investment program and the latest updates, book your free consultation with a Karibi Consultants expert today.
