SAINT LUCIA Citizenship-by-Investment

Natalia25 Jul, 2024Business

St Lucia is one of the newest countries in the Caribbean to offer a citizenship-by-investment program, making it one of the best destinations for foreign investors who want a CBI program. Only 500 applicants are approved per year, which has helped to retain the value and credibility of St Lucia's passport around the world. St. Lucia is an island in the Lesser Antilles region of the Eastern Caribbean. It is one of the Windward Islands and more mountainous than most Caribbean Islands, with the highest point being Mount Gimie, at 950 meters above sea level. An educated workforce and improvements in roads, communications, water supply, sewerage, and port facilities have attracted foreign investment in tourism and petroleum storage and transshipment. St. Lucia has been able to attract foreign business and investment, especially in its offshore banking and tourism industries, which is Saint Lucia's main source of revenue.