Castries, Saint Lucia: The high net-worth individuals, after a certain phase of life, look for a safe and secure retirement, where life remains as fulfilled and happening. Saint Lucia is one perfect option for these individuals in the West Indies in the eastern Caribbean.
Its geographic proximity, cultural dignity, pristine environment and, most importantly, the efficiency of the governance and administration in the country make Saint Lucia a perfect place to plan one’s retirement. Thus, Investing in the Citizenship of Saint Lucia is one of the wisest decisions in the long run.
Besides these, Saint Lucia has much more to offer to the ones planning to live their post-retirement lives on the island. Amidst the global backdrop of political crisis and instability, the country provides its citizens with an unmatched peace of mind and a sense of stability and security.
Considering the ongoing war and distorted international relations of various countries, Saint Lucia continues with its harmonious and cordial tie-ups with the associated nations. The political stability of Saint Lucia also rules out all kinds of uncertainties and stress. Thus, forming the safest location to be called a home.
Saint Lucia welcomes cultural diversity from all over the world, providing a sense of belongingness to everyone and being accepted forms an important aspect of a fulfilled life.
The intercultural bonds on the island are one of the things that one lives up to following retirement. The harmony amongst the individuals, celebrating varied cultural festivals together, makes a living far better.
For instance, one of Saint Lucia’s festivals, the Mercury Fest, attracts French-Caribbean nationals and hundreds of boats from neighbouring Martinique, Guadalupe, St Vincent, Barbados and Trinidad.
The citizens come together to dance to the best local and French DJs along with other impressive acts, drink thirst-quenching cocktails, and eat the freshest food.
Wealth management is often a complicated task for high-net-worth individuals. Investing in an alternative citizenship sort out these complications and brings in additional portfolio benefits as well.
Individuals seeking to experience new business ventures can benefit from the varied business opportunities the island provides. With a wider scope of entrepreneurship, individuals can live up to their ambitions and goals in Saint Lucia.
The infrastructural development in the country over the years is another factor that calls for the investor’s attention towards the country. Within a few years, the country has developed in terms of health.
While considering it at the top of the priority list, the government of Saint Lucia, led by Prime Minister Phillip J Pierre at the helm, have been working to provide the people of Saint Lucia with better infrastructure.
The government is focusing on key factors by building infrastructure and shaping the future through its Citizenship by Investment Programme (CIP).
In the Health infrastructure development, new health care centres and hospitals, equipped with all the modern services to help in combating any health crisis, are being developed. The recent upgradation in the health sector will uplift the nation as a whole & provide quality healthcare at very nominal costs.
Every citizen of the country needs to have access to healthcare facilities, especially in times that enrol out health emergencies such as the Covid-19 pandemic.
Saint Lucia’s advancing health infrastructure is the direct consequence of the effective financial planning of Pierre’s government, as it is evident that funds flowing from the Citizenship by Investment Programme are being utilized towards the maximum output.
The Citizenship By Investment Programme of Saint Lucia has been ranked amongst the topmost countries in the CBI Index 2022. With 10/10 in two pillars of excellence, Minimum Investment Outlay and Mandatory Travel/Residence requirements, the CBI programme of the country secured the third position with 78 points, i.e. 87%, which is actually commendable.
The prerequisites of becoming a citizen of Saint Lucia include an investment of USD 100,000 for a single applicant and for the applicant along with a spouse, the amount is USD 140,000.
Additionally, an easy procedure that involves the following steps is undertaken, beginning from the Receipt of the Application, followed by the in-depth verification and due-diligence process to ensure national safety and the dignity of the programme. The applications are then thoroughly reviewed by the board before the citizenship decision is taken.